Updated throughout the day. AIG (AIG) will hold back $21 million from employee bonuses (CNBC) Google (GOOG) will shut its Google.cn site in China (various) Arrow Energy will reject a $3 ... Read Full Story »
By John Tamny, Forbes The SEC is situational in its like of market transparency. Back in 2002 it embraced the economy-killer Sarbanes-Oxley with balance-sheet clarity in mind. But with transparency ... Read Full Story »
The Social Security Administration wants back the $2.5 trillion its has loaned to the US Treasury. It is no wonder. The agency will have to pay out $29 billion more ... Read Full Story »
It cannot be good news that the warnings from credit agencies about the US debt and deficit come almost monthly now. Moody's, in its latest quarterly AAA Sovereign Monitor, examined ... Read Full Story »
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product ... Read Full Story »
Tiger Woods sponsorship income in 2009 was estimated by several media sources to be $110 million. Thirty million dollars of that came from Nike (NKE). There are no estimates for ... Read Full Story »
Google's list of serious problems may be longer than it has been since the company's IPO. The search engine company is all but certain to close Google.cn, its Chinese website, ... Read Full Story »
Reuters: The Senate reform bill gives the Fed broader powers. Reuters: Google (GOOG) says it is still talking to China, but signs point to pull-out. Reuters: Arrow will reject a ... Read Full Story »
When was the last time you kept a retailer buyout rumor on a watch list? Or two retailers for that matter? Friday's trading was mixed with two buyout rumors in ... Read Full Story »
This week we have several issues to watch. Earnings season is mostly done but there are still many on deck in this week's unusual suspects. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN), ... Read Full Story »
Many economists in the West have said they fear a double dip recession which would most likely be fueled by high unemployment and that this joblessness will dampen consumer consumption which is about ... Read Full Story »
The FT reports that Google (GOOG) has made all the necessary plans to close its Chinese search engine business and is "99.9%" certain it will shut the operation down shortly. ... Read Full Story »
Timothy Cook, Apple's (AAPL) COO, who sat in while Steve Jobs was away ill, made a bonus valued at $22 million for his work. The bonus was awarded on March 10 and ... Read Full Story »
Citigroup (C) CEO Vikram Pandit, recently hailed for turning the bank around after over a year of being blamed for its demise, only made $128,751 last year in total compensation, ... Read Full Story »
Earnings season is over. Well, sort of. We have the delayed reports and the reports from companies which have off-regular quarterly or fiscal earnings. Next week we have AthenaHealth, Inc. ... Read Full Story »