ThinkstockThe last government shutdown in 1995/1996 lasted more than three weeks. The one that is about to start could last longer. The stakes are not just over the budget and President Obama’s health care…
TwitterRumors spread that Twitter would file its initial public offering (IPO) papers with the Securities and Exchange Commission (SEC) this week. The likelihood of that has died as the federal government prepares to shut…
ThinkstockLast week, the U.S. Census Bureau released its data on poverty in America in 2012. While the overall rate of poverty did not rise from the rate in 2011, it is bad news that…
ThinkstockIt is national employee morale day at Siemens A.G. (NYSE: SI). The industrial conglomerate, often considered the General Electric Co. (NYSE: GE) of Europe, will fire 15,000 people. According to news reports, the work…
courtesy of Facebook Inc.Facebook Inc. (NYSE: FB) has long been up against a simple problem with Wall Street. Investors who want to know if its revenue can ever reach a point at which the…
Courtesy Boeing Co.The Boeing Co. (NYSE: BA) 787 Dreamliner has broken off and on since the aircraft maker began work on the plane over a decade ago. The most well-publicized recent problem involved batteries…
September 27, 2013: U.S. markets opened lower Friday as the political battle over the federal budget finally caught traders’ attention. Only the Nasdaq Composite touched the break-even line today — and then only briefly.…
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on September farm prices on Friday afternoon. The September all-products price index dropped by 4 points (2.1%) to 185 month-over-month, with the crop index…
J. C. Penney Co. Inc. (NYSE: JCP) has done serious damage yet again to its reputation. Earlier in the year its finances were said to be just fine. Then a fresh report from Goldman…
courtesy Boeing Co.One of the two 787 Dreamliners in the fleet of Norwegian Air Shuttle ASA remains on the ground in Bangkok Friday due to problem with a hydraulic pump. This is at least…
ThinkstockNektar Therapeutics (NASDAQ: NKTR) may have just burned a serious bridge for its future. The company is developing drugs for pain management and for cancer, and now its investigational drug for chronic pain turned…
ThinkStockLast year, just under 15% of the U.S. population did not have health insurance coverage. But as the different stages of the Affordable Care Act roll out over the next few years — and…
ThinkstockSome 65% of Americans surveyed by Pew Research favor construction of the Keystone XL pipeline. An identical number favor stronger limits on fracking. Only 38% of those surveyed favor increasing electricity generation using nuclear…
ThinkstockOn Thursday, federal authorities from the Department of Homeland Security’s Immigration and Customs Enforcement group and the U.S. Fish and Wildlife Service searched the corporate offices of Lumber Liquidators Holdings Inc. (NYSE: LL). In…
ThinkstockFlash memory array maker Violin Memory Inc. (NASDAQ: VMEM) sold 18 million shares at $9 apiece Friday morning in an initial public offering (IPO) that raised net proceeds of around $147 million. The IPO…