ThinkstockConsultancy PwC expects medical costs to rise at only 6.5% in 2014, which would be down sharply from increases in recent years. It expects the both the economy and federal public policy will help…
ThinkstockIn another sign that the recession in Europe has hit consumer spending, car sales there fell in May and reached their lowest level in that month since 1993. The data likely will press U.S.…
courtesy of Sony Corp.As a means to pressure Sony Corp. (NYSE: SNE) to spin out its entertainment division, Third Point, which is controlled by activist investor David Loeb, said it has upped its ownership…
ThinkstockChina issued its data on home sales prices in May for the nation’s large and mid-sized cities. Activity surged. The National Bureau of Statistics of China made the announcement. On its face, the data…
courtesy U.S. Federal ReservePresident Barack Obama indicated that Ben Bernanke would not remain at the Federal Reserve after the current term. This opens the possibility that frontrunner Janet Louise Yellen may takeover next year.…
courtesy Airbus S.A.EasyJet will buy a number of planes from Airbus in a setback to rival Boeing Co. (NYSE: BA), which has had a share of setbacks due to problems with batteries on its 787…
ThinkstockSprint Nextel Corp. (NYSE: S), desperate to hold on to a deal to be bought out by Softbank and keep its play to buy Clearwire Corp. (NASDAQ: CLWR) for its 4G spectrum, sued Dish…
ThinkstockNearly half of all U.S. smartphone and tablet owners use these mobile devices every day while watching television. Every day. 46% of smartphone owners and 43% of tablet owners. What are these people doing?…
U.S. equity markets opened higher this morning not on any particular news, but likely more influenced by tomorrow’s start of the Fed’s June meeting and Wednesday’s announcement of interest rates. Shares traded higher until…
Courtesy General Motors Co.General Motors Co. (NYSE: GM) has added about 194,000 SUVs to a recall first issued in August 2012 to fix a condition that could lead to an short circuit and an…
ChannelAdvisor Corporation (NYSE: ECOM) is rising after the so-called analyst quiet period after its initial public offering has ended. It turns out that most of the analysts were very positive in their ratings as…
The initial public offering for Gogo Inc. (NASDAQ: GOGO) should price for trading late this week. We have been waiting for this one for some time because Nasdaq showed that its initial public offering…
thinkstockFollowing the disaster at Japan’s Fukushima Daiichi nuclear power plants in 2011, Germany said it would shut down all its nuclear generation and Japan has already closed down all but two of its reactors.…
ThinkstockA new alert has gone out from the National Weather Service regarding tropical storm activity. The note signals that Tropical Depression Two has formed in the 2013 hurricane season. The storm’s current location is…
ThinkstockSince Lululemon Athletica Inc. (NASDAQ: LULU) posted its first-quarter earnings a week ago, the share price has dropped from $82.28 to $66.15 at last Friday’s close. That is down nearly 20% — and the…