Wikimedia CommonsJohnson & Johnson (NYSE: JNJ) is out with its fourth-quarter earnings report. The pharma and consumer products giant is a key Dow Jones Industrial Average component, and shares are hanging in close to…
ThinkstockThe magnitude of the debacle at Best Buy during December was not something Wall Street expected. Most firms had fallen in love with the story, and Best Buy was seen as the proverbial Phoenix…
Wikimedia CommonsAlmost 1.8 million pounds of Kraft Velveeta Cheesy Skillets Singles Ultimate Cheeseburger Mac are being recalled because some labels did not include soy, a common allergen, among the ingredients. The product contains hydrolyzed…
ThinkstockShares in China had a rough start to the week as the Shanghai Composite Index fell below 2,000 Monday for the first time in almost six months. New data showed that factory output and…
ThinkstockIf the global economic recovery has left some things behind, the most important is probably job creation. In 2013, 202 million people were unemployed worldwide, up five million from 2012. It is hard to…
Yahoo! continued to hold a significant lead as the most visited website in the United States, based on January figures. The numbers are such that they may help Yahoo! rise out of its advertising…
Naturally, it has occurred to people who do not have the money to retire that they shouldn't. Many baby boomers want to continue to work for years to come, even if they do not…
Daimler AGU.S. vehicle sales reached a six-year high in 2013, with 15.6 million units sold, up from 14.5 million in 2012. Demand for some of the top-selling cars was so high that dealers had…
Ford has an ambitious plan to introduce 23 new vehicles around the world this year. That is the most in a single year in the company's history. They include the revamped F-150 and Mustang.
Courtesy BlackBerryIt is always interesting to see what happens on ADR trading in the home markets when U.S. stock markets are closed. Martin Luther King Day brings a closure of the U.S. markets, but…
The U.S. markets were closed on Monday, January 20, in observance of Martin Luther King Day. Europe and Asia, however, were not closed.
IBM is once again looking to shed its low-end server business, and Dell is rumored to be interested. A deal to sell the business to China's Lenovo Group fell through last spring when the…
Anheuser-Busch InBev announced Monday that it has reached an agreement to reacquire Oriental Brewery from private equity firms KKR and Affinity Equity Partners for $5.8 billion.
Forecasts have predicted that China's GDP will pass that of the United States sometime between 2030 and 2050. For the time being, those forecasts appear too optimistic. China's GDP growth appears to be slowing.
Wealthy elites have co-opted political power to rig the rules of the economic game, warned Oxfam in a new report published ahead of this week's World Economic Forum in Davos.