Google Robots to Deliver Packages to Your Door?
courtesy of Google Inc.If you are going to fill the world with the next generation of robots, as the New York Times suggests Google Inc. (NASDAQ: GOOG) is preparing to do, who better to…
All Work
Trey Thoelcke
The Odd Resurrection of Newsweek
ThinkstockThough Newsweek ceased being a printed publication last year, Editor in Chief Jim Impoco said Tuesday in an interview that the magazine plans to resume weekly publication as early as January 2014. But readers…
Rio Tinto Announces Debt Reduction Plans
London-based mining giant Rio Tinto said Tuesday that it plans slash its capital expenditure budget from around $14 billion this year to $11 billion in 2014 and $8 billion in 2015.
Modest PMI Growth in China and the Eurozone in November
ThinkstockGlobal financial information services company Markit has released final November Purchasing Managers’ Index (PMI) data. Overall, growth in economic activity was modest, aside from declines seen in France, Spain and Russia. The HSBC China…
France Is the Next Step in Burger King’s Global Expansion
ThinkstockBurger King Worldwide Inc. (NYSE: BKW) announced Tuesday that it has inked a deal with restaurant operator Groupe Olivier Bertrand to further expand into France. Financial terms were not disclosed, nor did it say…
Novartis Announces Share Buybacks and Business Expansion
ThinkstockSpeculation has run hot that Swiss drugmaker Novartis A.G. (NYSE: NVS) would announced further restructuring at its investor day in London. Instead, on Friday the company announced a $5 billion share buyback program and…
Google Wallet Launches Prepaid Debit Card
courtesy of Google Inc.Tech giant Google Inc. (NASDAQ: GOOG) has announced the launch of the Google Wallet Card, a prepaid debit card. The new card will allow users to make purchases in stores or…
Tesla Rebounds Despite Federal Safety Probe
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) shares ended Tuesday with a 3.7% bounce after CEO Elon Musk announced three steps the company would take to address issues related to three fires in…
Tesla to Make Changes in Response to Media Scrutiny Over Car Fires
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) CEO Elon Musk announced Tuesday actions the company will take in the wake of three highly publicized car fires in Model S vehicles. These include changing…
Carlyle Group and Other Barron’s Picks for Upside
ThinkstockAs usual, the writers at Barron’s have made some suggests in this weekend’s edition for stocks to buy and stocks to avoid. Among the new picks are a chainsaw maker, a leading private equity…
Moody’s Cuts Ratings of J.P. Morgan, Goldman Sachs and Other Big Banks
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon Corp. (NYSE:…
Is the Era of Hot Tech IPOs Over?
ThinkstockSince 2011, Facebook Inc. (NASDAQ: FB), LinkedIn Corp. (NYSE: LNKD), Groupon Inc. (NASDAQ: GRPN), Yelp Inc. (NYSE: YELP), Pandora Media Inc. (NYSE: P), Zynga Inc. (NASDAQ: ZYNGA) and most recently Twitter (NYSE: TWTR) have…
Tesla May Offer a Pickup to Take On Ford F150
Courtesy Ford Motor Co.Despite limited sales and recent car fires, leave it to Tesla Motors Inc. (NYSE: TSLA) CEO Elon Musk to keep looking forward. He said Tuesday that he wants his company offer…
The Third Tallest Building in the America
squirrel83, via Wikimedia CommonsAfter a ruling by the Height Committee of the Council on Tall Buildings and Urban Habitat on Tuesday, New York City’s One World Trade Center is recognized as the tallest building…
A Few Lucky Xbox One Buyers Get an Early Gift
MicrosoftThe Xbox One is scheduled to launch on Nov. 22, but apparently a few lucky buyers have received their preordered consoles early. Microsoft Corp. (NASDAQ: MSFT) blamed it on a shipping error by a…
Shire, Novartis Deals: Pharmaceutical Shakeups Continue
ThinkstockThe wave of mergers and acquisitions in health care continues with two big announcements Monday. Drug maker Shire PLC (NASDAQ: SHPG) will acquire the rare disease biopharmaceutical company ViroPharma (NASDAQ: VPHM) in a deal…
Boeing Threatens to Move Jobs from Seattle
courtesy of U.S. Geological SurveyBoeing Co. (NYSE: BA) warned Friday that if assembly workers and local politicians do not ratify plans to build its new 777X in Seattle, the company will consider alternative sites.…
Nestle Dumps Jenny Craig
ThinkstockAs part of it ongoing efforts to trim down by shedding weaker brands, Swiss food giant Nestle has announced that it will sell most of its Jenny Craig unit to private equity firm North…
After Twitter IPO, Who’s Next?
ThinkstockThe Twitter Inc. (NYSE: TWTR) initial public offering is almost upon us, and investors and analysts have fingers crossed for a smoother ride the Facebook Inc.’s (NASDAQ: FB) shaky IPO. As we pointed out,…
China Looks to Add 10 Million Jobs a Year
ThinkstockAhead of a key meeting of the Communist Party, Chinese Premier Li Keqiang has stated that the nation’s economy must create 10 million jobs per year, and sustained growth of at least 7.2% will…