Dell's earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise. Independent research shows PC sales falling around the world as ... Read Full Story »
American car companies can always hope that as the economy emerges from recession and car sales pick up that they will have a reasonably good chance to keep market share ... Read Full Story »
It has begun to occur to the financial industry and the central banks of the G7 and a number of smaller Western European countries that if some of the nations in ... Read Full Story »
It is a corporate governance issue as much as anything else. Can one shareholder essentially "fire" most of a public company's board without the approval of other shareholders? That it ... Read Full Story »
The proposed budget that the Administration released yesterday runs 184 pages, if the sections called “Notes”, which are blank pages for calculations and thoughts, and the order page where anyone can ... Read Full Story »
Once a quarter, the FDIC does something which seems to have little purpose. It releases its list of “problem” banks. These are institutions which face a high risk of failure ... Read Full Story »
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that ... Read Full Story »
Markets in Asia were mixed. The Nikkei rose 1.5% to 7,568. The Hang Seng dropped .2% to 12,874. The Shanghai Composite dropped 1.8% to 2,083. At the open in Europe, ... Read Full Story »