It is easier said than done. The US government wants to oversee the bank system in a way that would check for the kind of systemic problems that froze the ... Read Full Story »
Amazon's (AMZN) e-reader business which fuels sales of its Kindle e-reader is supposed to be in trouble. The e-commerce operation has charged $9.99 for many of the e-books it sells, which has ... Read Full Story »
The International Monetary Fund says it will sell 191 tons of gold. The agency claims it needs the cash for lending. It may be that the IMF suspects that gold price ... Read Full Story »
US states face a $1 trillion shortfall in the funding of their pensions, and the figure could grow substantially in the near future. The Pew Center On The States reports ... Read Full Story »
Reuters: US regulators are looking at steering problems on the Toyota (TM) Corolla. Reuters: Greece says it is not seeking EU taxpayers' money. Reuters: Gold fell on an IMF sale. Reuters: ... Read Full Story »
Markets in Asia were mixed and Shanghai was closed The Nikkei was up .3% to 10,336. Toyota (NYSE:TM) slipped on recall news. The Hang Seng was down .6% to 20,407. ... Read Full Story »
Humana (NYSE:HUM) will cut 2,500 jobs in one of its business units but add back enough workers in other areas so that the net cut in employees will be 1,400. Humana ... Read Full Story »
Amazon's (NASDAQ:AMZN) share of the e-book market will go from 90% to 35% over the next five years. At least that is what Credit Suisse analyst Spencer Wang claims, according ... Read Full Story »
The key to a media business model is the size of the market and the demographic of the consumer. eMarketer is forecasting the number of monthly Internet users in ... Read Full Story »
The odds that one car company could have three unrelated large recalls of three different sets of vehicles within a month are probably 1,000-to-1. But, that is what will happen Toyota ... Read Full Story »
By some measures, Hewlett-Packard (NYSE:HPQ) is the largest technology company in the world, with annual sales well over $100 billion. The breadth of its business, which include software, PCs, printers, servers ... Read Full Story »
The minutes of January's FOMC meeting show no expectation that rates or inflation are soon to explode higher. But what is becoming more evident is that this near-zero rate policy ... Read Full Story »
Rick's Cabaret International Inc. (NASDAQ: RICK) is seeing its shares take a breather after earnings. The news is not just that revenues grew by almost 17% to $20 million, and ... Read Full Story »
The US government has just issued housing reports. Housing starts rose to a seasonally adjusted 591,000 equating to a 2.8% increase. That is the best report we have seen ... Read Full Story »
This will not be the first time you have heard this statement from 24/7 Wall St... "Solar stocks may be nothing more than leveraged bets that react to sudden price ... Read Full Story »