ThinkstockSince the recession began, K-12 education spending has declined dramatically in some states. In Alabama and Oklahoma, per-pupil spending fell by more than 20%. While the majority of state school systems have cut spending…
Courtesy Chrysler Group LLCChrysler filed for an IPO today. It is one of the few major car companies in the world that is not public. Chrysler emerged from Chapter 11 three years ago, and…
September 23, 2013: U.S. markets opened mixed on Monday continuing last Friday’s slide following a Thursday charge after the FOMC announcement that the Fed would not begin tapering its asset purchases just yet. Good…
Courtesy General Motors Co.Saying that the company “has been on a steadily improving operational and financial trajectory since it emerged from bankruptcy,” Moody’s Investors Service on Monday lifted its rating on General Motors Co.…
ThinkstockThe worst terrorist violence in 15 years exploded in Kenya last weekend when a Somalian militant group known as al-Shabaab attacked a shopping mall in the Kenyan capital of Nairobi. More than 60 people…
Courtesy of BlackBerryBlackBerry Limited (NASDAQ: BBRY) is in serious trouble on its own. The company’s only hope is a buyout under its search for strategic alternatives, and now have the first summation of a…
Potbelly Corporation has set its terms for it initial public offering. The sandwich chain, which may have some of the best sandwiches in the country, has confirmed that of the 7.5 million shares being…
Frank Golhen, via Wikimedia CommonsMonday is the first day of trading for the new lineup on the Dow Jones Industrial Average (DJIA) index. The new team is off to a bit of a sluggish…
FunnyTimes.comSocial media is not dead, but the problems that many social media users have experienced may be starting to drive out the fringe users. This could spell big trouble for some of the growth…
courtesy of Groupon Inc.Gravity sometimes still works in the stock market. What goes up often comes back down. 24/7 Wall St. tracked five of last week’s big movers and upside stocks that are seeing…
courtesy J.C. Penney Co. Inc.So far this year, J.C. Penney Co. Inc. (NYSE: JCP) has borrowed about $3 billion to buy its way out of the hole it dug for itself under former CEO…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) said Monday morning that it had sold 9 million new iPhone 5S and 5C units in the first three days that the devices were available. The new…
The surprising move last week by the Federal Reserve to postpone the tapering of the $85 billion per month bond-buying program known as quantitative easing put some very strong wind at the backs of…
ThinkstockMajor U.S. retailers are announcing their hiring plans for the coming holiday shopping season, and the first two announcements have come in below last year’s totals. Kohl’s Corp. (NYSE: KSS) said last Thursday that…
Jon OggStocks finally pulled back a bit from a three-week rally, and now investors have to wonder which stocks they should buy and which ones they should sell or avoid. Each morning 24/7 Wall…