Jack Welch, former head of GE (GE), is too old to be a CEO and is overexposed as an "on air" pundit who spends his time giving opinions on CNBC. ... Read Full Story »
It is a nifty, logical, and overly optimistic theory. Housing demand will rise as the children of the baby boomers hit their late twenties and thirties and need homes where they can raise ... Read Full Story »
Who needs Advil when it is more expensive than aspirin and probably does no better at reducing pain? Who needs Starbucks (SBUX) when Maxwell House has just as much caffeine? ... Read Full Story »
The brief moment of hope that housing had hit a bottom and that both the rate of home sales and prices would improve is slipping away. The pressures that will ... Read Full Story »
Goldman Sachs (GS) has now paid back the TARP funds which removes the firm from what it must consider the government's most draconian pay restrictions, those applied to companies living on taxpayer ... Read Full Story »
Reuters: Airlines are cutting back on first class seating. Reuters: Xstrata wants merger talks with mining rival Anglo American. Reuters: Employers are cutting 401 (K) plans. Reuters: Brand loyalty is being ... Read Full Story »
Markets in Asia were higher. The Nikkei rose .4% to 9,826. The Hang Seng was up 1.6% to 18,213. The Shanghai Composite rose .6% to 2,896. At the open in ... Read Full Story »