ThinkstockPurchasing managers indexes (PMIs) gauge the activity of thousands of companies. Survey compiler Markit said The latest eurozone PMI reading from survey compiler Markit indicates that the eurozone economy is shrinking at a quarterly…
ThinkstockAmerican Suzuki will leave the U.S. market, a victim of small sales and a brand that U.S. car buyers barely know. 24/7 Wall St. recently predicted that Suzuki would not make it in the…
thinkstockThe Greeks continued to prove that they can be their own worst enemies. Constant strikes there take businesses offline and almost certainly hurt the flow of tourism critical to the economy. The Greek parliament…
ThinkstockNissan became the latest Japanese company to say that a territorial dispute between its nation and China will badly hurt earnings. At some point, the Japanese government must decide whether ownership of a few…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) announced today that its board of directors has adopted a stockholder rights plan. According to the press release: The Rights Plan is intended to protect Netflix and…
courtesy of Ford Motor CompanyAs Chinese consumers shunned Japanese goods due to a territorial dispute between the two countries, U.S. automakers General Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F) benefited from…
ThinkstockHumana Inc. (NYSE: HUM) said this morning that its third-quarter net income fell 4.3% but it lifted its earnings outlook for the full year. The health care company also announced a pair of deals…
thinkstockGreek Prime Minister Antonis Samaras says that Greece could be ousted the eurozone if the debt-laden country’s parliament fails to approve a new round of austerity measures. The parliament is due to vote Wednesday…
ThinkstockToyota Motor Corp. (NYSE: TM) continues to do well financially, as shown by its fiscal first-half figures, which cover the period ended September 30. On a consolidated basis, net revenues for the first half…
ThinkstockMedia reports from the Group of 20 summit indicate that two issues have dominated the meeting — the effects of the U.S. fiscal cliff and Europe’s troubled economy and financial situations. No one in…
ThinkstockDespite concerns that Hurricane Sandy might have hurt gasoline supplies and closed some refineries, gas prices continue to fall, and fall rapidly. According to AAA Fuel Gauge data, the national average cost of a…
Courtesy of The Washington Post CompanyShares of the Washington Post Co. (NYSE: WPO) are up in early trading after the company reported that it swung to a profit on strong revenue growth from its…
thinkstockEconomists and business chiefs increasingly say that trouble in Europe is the greatest threat to the world’s financial and GDP futures. In addition, political stability in many nations and regions in Europe and the Middle…
Courtesy of Tesla MotorsAutomobile magazine has named its Car of the Year. Unfortunately, it has chosen a vehicle almost no one has bought or will buy, and the car’s maker may not even survive…
Wikimedia CommonsGoogle Inc.’s (NASDAQ: GOOG) Android mobile OS is on the march again, gobbling market share from its competition, even Apple Inc. (NASDAQ: AAPL). The only thing that might stop Android’s spread is a…
thinkstockCostco Wholesale Corp. (NASDAQ: COST) this morning reported a better-than-expected rise in October same-store sales, due in part to higher gasoline prices and a weak dollar. The company said its net sales in October…
Sony Corp. (NYSE: SNE) managed to maintain its habit of posting quarterly losses. In its most recent fiscal quarter, the large Japanese consumer electronics company lost $194 million. The reasons for the losses are…
thinkstockGreece cannot seem to work its way out of the financial news by settling on austerity programs that would trigger aid from the International Monetary Fund and European Union. Internal battles among political parties…
courtesy of BlackberryThe Defense Department will continue to take new bids for its suppliers of smartphones. The BlackBerry, made by Canada’s Research In Motion Ltd. (NASDAQ: RIMM), has most of that business, but the…
According to CoreLogic’s National Foreclosure Report for September, some 57,000 foreclosures in the United States were completed in September 2012. That was down about 31% from 83,000 in September 2011, as well as down…