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ThinkstockThe NSA Is Listening In another violation of the privacy of U.S. citizens, the NSA has asked Verizon Wireless to provide it with millions of records of the phone activity of its customers. How…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 237The 11 Best Warren Buffett Stocks to Buy Within Berkshire Hathaway Portfolio
White House Photo by Pete SouzaNow that stocks have started to sell off and now that interest rates have begun to rise, many investors are looking for bargains out there in the stock market.…
Countries With the Most Vacation Days
ThinkstockThe United States is the only developed country in the world without a single legally required paid vacation day or holiday. By law, every country in the European Union has at least four work…
Microsoft Alliance with FBI: A Model for Fighting Cybercrime
Microsoft Sweden, via Wikimedia CommonsThe FBI and Microsoft Corp. (NASDAQ: MSFT), working together, took down a network that has committed a series of cyber frauds that have cost banks $500 million. The “Citadel” network,…
French Unemployment Reaches 10.8% as Government Plans Fail
ThinkstockThe official French statistics agency Insee reported that unemployment in France reached 10.8% in the first quarter. The news may be another nail in the coffin for the presidency of Francois Hollande. More important,…
McDonald’s Brings Rice Recipes to China
courtesy of McDonald'sA menu of Big Macs and Quarter Pounders must not be enough to drive the growth that McDonald’s Corp. (NYSE: MCD) hoped for, or planned for, in the People’s Republic. The huge…
Financial New Digest: Reuters, WSJ, NYT, FT, Bloomberg
courtesy of AOL, IncMicrosoft Corp. (NASDAQ: MSFT) and the FBI investigate a cyber crime group. (Reuters) PepsiCo Inc. (NYSE: PEP) will buy SodaStream International Ltd. (NASDAQ: SODA) for $2.2 billion. (Reuters) Edmunds.com begins a…
24/7 Overnight Twitter Posts
Reuters Business @ReutersBiz12m ECB seen holding rates as it waits for signs of euro zone recovery http://reut.rs/1b7c84Q Forbes @Forbes29m The financial crisis is disease that Bank of America can’t seem to shake; AIG’s objections to $8.5B…
VeriFone Company Earnings Go Straight to Ugly
ThinkstockVeriFone Systems Inc. (NYSE: PAY) reported adjusted second quarter 2013 results after markets closed today. The electronic payments company reported adjusted earnings per share (EPS) of $0.42 on $430 million in non-GAAP revenues. In…
Closing Bell for Wednesday on Wall Street: Markets Open Lower, Slide Further on Data
U.S. equity markets opened lower this morning following smaller-than-expected gain in ADP’s employment report. Other data out before the opening bell also weighed on stocks, including a drop new mortgage applications and weak productivity data.…
Smartphones Top 50% Mark in U.S.: Pew Research
courtesy of SamsungA combined 56% of Americans now own a smartphone according to the latest “Internet and American Life Project” at Pew Research Center. Some 91% of all Americans own a cell phone of…
More Caution in Mortgage REITS, High Dividends at Risk
There remains some concern in the high dividend mortgage REIT sector. A fear of higher interest rates, compression of mortgage-backed securities valuations, and a lack of new mortgage-backed securities supply are all working against…
May Retail Sales Due Tomorrow from Costco, Other Chain Stores
ThinkstockSame-store retail sales from many of the country’s largest chains are scheduled to hit the tape tomorrow. Sales in March and April rose just 1.4% and 3%, respectively, so the most recent projection from…
Mobile Internet Forcing Big Changes in Media Business
ThinkstockThe explosive global growth of mobile devices like smartphones and tablets has led to equally explosive growth in demand for mobile bandwidth to feed the ever-hungrier devices. Growth in demand for mobile Internet services…
Athlon Energy Files for IPO, an Apollo-Backed Deal
ThinkstockAthlon Energy may not be a household name in the world of oil and gas exploration and production. The company wants to change that, as it has filed to come public via an initial…