Apple’s (NASDAQ: AAPL) stock occasionally rises above $600 a share and its market cap above $600 billion. Its sales almost certainly will pass $100 billion this year, based on extraordinary revenue ... Read Full Story »
AOL Inc. (NYSE: AOL) will soon make advertisers an offer it hopes they can’t refuse. The company will give advertisers the opportunity to buy online advertising using the same model ... Read Full Story »
Argentina may take control of huge energy company YPF. (Reuters) Spanish debt costs continue to rise. (Reuters) The International Monetary Fund will try to raise $400 billion, much less that previously ... Read Full Story »
Spain’s industrial production falls 5.1% on an annual basis in February. (MarketWatch) U.S. brokerage firms pay increasingly higher bonuses to get top producers. (Reuters) Alcoa (NYSE: AA) has a surprising ... Read Full Story »
Charles Blahous, a George Mason University research fellow, reports that the new health care law could add $530 billion to the deficit. (Washington Post) Fed Chairman Bernanke says many banks ... Read Full Story »
Markets opened lower this morning on the first trading day in the US following last week’s poor report on non-farm payrolls. Higher-than-expected inflation in China also caused led some observers ... Read Full Story »
The promise that AOL's (NYSE: AOL) patents have value was quickly realized as the firm sold Microsoft (NASDAQ: MSFT) $1.1 billion worth of patents. The patents numbered about 800. The ... Read Full Story »
Facebook filed a new document in its move toward its IPO. In that document, it admitted that Yahoo!’s (NASDAQ: YHOO) patent claims are a risk to its business. That means that ... Read Full Story »
Not only is Google Inc. (NASDAQ: GOOG) the 600-pound gorilla in the search business, the company’s YouTube streaming video service holds a similar position in the streaming video business. According ... Read Full Story »
Almost everyone in the online and legal industries expected it. After weeks of rumors and news report that Yahoo! (NASDAQ: YHOO) had accused Facebook of patent violations, the portal has ... Read Full Story »
The 10 most-visited websites in America may share a few characteristics, but interestingly enough, none are in the same business, with the exception of two portals. Each has a different ... Read Full Story »
Investors usually reward companies for announcing layoffs. Getting more from fewer workers adds to margins and hopefully to net income. The more serious question is what a new round of layoffs means ... Read Full Story »
Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the length of its Keystone XL pipeline in the hopes of ... Read Full Story »
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because ... Read Full Story »
Among the major movers at around noon today are Amazon.com (NASDAQ: AMZN, Whirlpool Corp. (NYSE: WHR), AOL Inc. (NASDAQ: AOL), JDA Software Group Inc. (NASDAQ: JDA), and Unisys Corp. (NYSE: ... Read Full Story »