ThinkstockThere was tremendous excitement among members of Congress and then the general public when the Congressional Budget Office (CBO) released data that showed that “enacting S. 744 would generate changes in direct spending and…
Courtesy Chrysler Group LLCAs recalls go, the one set by Chrysler Group was a large one. However, the car company would have inspected all the cars and light trucks in question anyway. The publicity around…
Courtesy of Tesla MotorsIf Tesla Motors Inc. (NASDAQ: TSLA) is supposed to make such a superior car, according to the press and the company’s PR, why does it have to recall some of its…
courtesy of Google Inc.Google Inc.’s (NASDAQ: GOOG) AdSense, which has made tens of billions of dollars for online sites, large and small, celebrated its 10th birthday. The ad system allows publishers to easily run…
courtesy Boeing Co.If Boeing Co. (NYSE: BA) has one more problem with its 787 Dreamliner, it might as well take it out of production. This week is the Paris Air Show, and consequently a…
courtesy of Sprint Corp.Dish Network Corp. (NASDAQ: DISH) dropped its bid for Sprint Nextel Corp. (NYSE: S), which means it is probable that Japan’s Softbank will get a 78% controlling interest in the number…
ThinkstockThe Ministry of Finance’s Trade Statistics of Japan said exports rose 10.1% in May to 5.567 trillion yen. The nation posted a trade deficit of 993 billion yen for the same period. Exports to…
We now have the Congressional Budget Office’s projection for what the cost, benefit, and impacts would be for the current immigration bill under proposal. The Senate bill S. 744 is the “Border Security, Economic…
Jon OggThe DJIA ended up 138 points to 15,318 on day. What is interesting is not just that this marked the third day of triple-digit gains in just four trading days, but that the…
ThinkstockAdobe Systems Inc. (NASDAQ: ADBE) reported fiscal second quarter 2013 results after markets closed today. The software company reported adjusted earnings per share (EPS) of $0.36 on revenue of $1.01 billion. In the same…
U.S. equity markets opened higher this morning following a benign report on U.S. inflation. The rise of just 0.1% in the May CPI very likely means that the FOMC meeting that began this morning…
Courtesy Chrysler Group LLCChrysler Group LLC, which is controlled by Italy’s Fiat SpA, said today that it has resolved its differences with the U.S. National Highway Traffic Safety Administration (NHSTA) and will conduct a…
courtesy of Nokia Corp. In comments just before Chinese telecom firm Huawei introduces its new high-end smartphone, the Ascend P6, the company would consider an acquisition of Nokia Corp. (NYSE: NOK) to help Huawei…
ThinkstockWe’ve often noted that the declining price for solar photovoltaic (PV) modules has continued to drive global growth in solar installations, even as governments reduce or eliminate various subsidies and tariffs to encourage new…
Jim Henderson, via Wikimedia CommonsSears Holdings Corp. (NASDAQ: SHLD) has been on a long and slow turnaround path but seems unable to be turned around. We have questioned this company’s long-term viability if it…