Fed Chairman Ben Bernanke believes the green shoots of economic recovery are sprouting, and the market seems to agree: The S&P 500 is up 36 percent since March. But ... Read Full Story »
The latest mad plan by Howard Schulz and his executive team to fix Starbucks (SBUX) is to have stores grind beans each time they make a new pot of coffee. ... Read Full Story »
The novel approach that the federal government is taking to fixing the American car industry is that it will bail out the manufacturers while letting their suppliers fail. Car parts ... Read Full Story »
The valuations of large social networks such as MySpace (NWS), Facebook, and Twitter is that a visitor has the same value as a visitor to Yahoo! (YHOO), AOL, or Ask.com ... Read Full Story »
Pause and consider for a moment the fact that no amount of regulation of financial markets can squeeze the effects of stupidity out of the system. The Administration plans a ... Read Full Story »
Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its ... Read Full Story »
Markets in Asia were mixed. The Nikkei rose .9% to 9,841. The Hang Seng was up .5% to 18,251. The Shanghai Composite rose 1.2% to 2,810. At the the open ... Read Full Story »