ThinkstockThe train wreck that is Martha Stewart Living Omnimedia Inc. (NYSE: MSO) continued as the firm probably will dump its new chief executive. The New York Post reports: Martha Stewart Living Omnimedia CEO Lisa Gersh is…
IBM has put out its "5 in 5" report, detailing five important features computers will have in five years. The forecast indicates computers could be nearly human by 2018. That means millions of jobs…
courtesy of McDonald'sSome people have objected to the fact that McDonald’s Corp. (NYSE: MCD) will keep many of its locations open for Christmas. Apparently, this breaks with a tradition of giving people the day off.…
courtesy Boeing Co.Boeing Co. (NYSE: BA), increasingly unloved by Wall St. because of problems with its 787 that might make the plane dangerous to fly, has decided to entice holders to keep their shares,…
ThinkstockGasoline prices continue to fall, which could be a small counterweight to fiscal cliff effects. The national average price of a gallon of regular dropped to $3.248 yesterday, according to AAA Fuel Gauge. That…
ThinkstockThe Republicans offered a new deal on taxes, and the White House likely will reject it. The proposal seems attractive. It would levy new taxes on people who make more than $1 million a year.…
ThinkstockAnother factor in energy costs that may keep oil and gas prices low is the prevalence of unusually warm weather. Daytime temperatures will not be below freezing anywhere in the United States today, with…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral a Janney. Bazaarvoice Inc. (NASDAQ: BV)…
ThinkstockIn a sign that Germany is on the cusp of a recession that would harm the overall recovery of the European Union, its manufacturing sector suffered a severe blow. The flash PMI measurement slipped…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) finally has released the iPhone 5 in China. Most press and many analysts believe that the American company’s market share in the People’s Republic has dropped so…
courtesy of Google Inc.One of Silicon Valley’s most ancient and least successful critics attacked the profit model of the Google Inc.’s (NASDAQ: GOOG) Android OS. But Roger McNamee has arrived late to the debate.…
ThinkstockEurope finally has a central banking authority, a move that many politicians and economists believe will help pull the region out of its financial crisis. It is hard to argue definitely this will happen.…
courtesy of Apple Inc.The owners of Apple Inc.’s (NASDAQ: AAPL) iPhone 5 are rejoicing. The awful map product made by Apple for its devices can now be replaced by the one from Google Inc.…
ThinkstockFacebook Inc. (NASDAQ: FB) has released what it says are better privacy controls for its customers. With the company’s one billion members, it should not take long for a vocal reaction to tell whether…
courtesy of MicrosoftMicrosoft Corp. (NASDAQ: MSFT) has decided to let a number of retailers, including Staples Inc. (NASDAQ: SPLS), offer its Surface tablet, perhaps to offset sales that never reached any real volume. Microsoft…
ThinkstockSmall business confidence, as measured by the Research Foundation of the National Federation of Independent Business, imploded in November. If small businesses account for most hiring in the United States, then the American economy is…
ThinkstockMost OPEC leaders said they plan to keep oil production unchanged in the new year. Demand may be off because of slowing economies around the world. That means crude prices may have a ways…
ThinkstockThe ZEW Indicator of Economic Sentiment for Germany improved a bit, which must be a relief for those who believe that Europe’s largest economy by gross domestic product continues to move rapidly into recession.…
ThinkstockOPEC may do the rest of the world a favor. Prices of Brent remain above $100, which many members of the cartel believe are adequate to fund their treasuries. If OPEC decides not to…
ThinkstockThe top 1% in the United States are about to get much richer because of the number of corporations that have accelerated dividend payments into 2012 so that their investors can avoid what may…