Sony (NYSE: SNE) says it will return to profit and will cut its TV unit losses in half. (Reuters) Cisco Systems (NASDAQ: CSCO) warns about the economy as it releases ... Read Full Story »
The major US stock indexes opened sharply lower this morning as weak performance in the European markets as traders try to figure out what last weekend’s elections mean. Crude oil ... Read Full Story »
Yahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly ... Read Full Story »
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics ... Read Full Story »
S&P downgrades Spain and presses for EU action on debt. (Reuters) The U.S. economy slows as inventories fall. (Reuters) The Bank of Japan increases yen purchases to 10 trillion. (Reuters) ... 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 »
Major media cannot agree on something as simple and critical as what the highest paid CEOs in America made last year. Most of the data come from proxies filed with ... Read Full Story »
Google (NASDAQ: GOOG) announced it will propose to shareholders that it have a new share structure. Many investors believe the proposal favors the power of the founders too much. Those investors can sell ... Read Full Story »
Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters) Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters) China’s premier, Wen Jiabao, says ... Read Full Story »
Apple’s (NASDAQ: AAPL) iPad is the number one tablet PC in a new Consumer Reports survey. (Reuters) CEO pay jumps for last year as stock options rise. (Reuters) Avon (NYSE: ... Read Full Story »
News Corp. (NASDAQ: NWS) is considering the launch of a new national sports network to compete with the 600-pound gorilla, ESPN, owned by Walt Disney Co. (NYSE: DIS), and the ... 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 »
The US Department of Justice is prepared to sue Apple Inc. (NASDAQ: AAPL) and five book publishers for colluding to lift prices on electronic books according to a report in ... Read Full Story »
Many of the companies that have entered the online content business have stumbled. Amazon.com (NASDAQ: AMZN) has a service. So does Walmart (NYSE: WMT). There are already several leaders, including ... Read Full Story »
The tension over the financial crisis has risen at an astonishing rate in just three days. Downgrades of the sovereign debt of several nations have rattled the markets. But the most ... Read Full Story »