Why Not Tax Diet Soda?
Sugary beverages such as soda became public enemy number one for public health activists (known to critics as the food police) in 2010. That has led to a call to levy special taxes on…
All Work
Douglas A. McIntyre
Apple:King Of Tablets
We published a story earlier on projections from Goldman Sachs that tablets are rapidly cannibalizing PC sales. That story focused on the possible winners from such a shift in the market. More research on…
Inflation:: Turkey Prices Hit A High
Turkey prices hit an all-time high late last month—just in time for Thanksgiving—and were up 36% from the same period last year. Did your income go up 36% during the past year? Highly unlikely.…
The Twitter-24/7 Wall St. Market Report (12/15/2010) CPI, Zuckerberg Man Of The Year
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (ARAY, BSDM, CYPB, JOYG)
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Acuray Incorporated, Inc. (NASDAQ: ARAY), BSD Medical corporation (NASDAQ: BSDM), Cypress Bioscience (NASDAQ: CYPB),…
Mortgage Bankers: Rates Soar
It has suddenly become less financially attractive to take out a new mortgage or refinance an existing one. That should add another boat anchor to the housing market already weighed by high foreclosure rates,…
The Nine Ways China Blocks American Media
In China this week, if you wanted to watch news of Liu Xiaobo, the now famous Chinese dissident and democracy advocate who won this year’s Nobel Peace Prize, you could. The Chinese government is…
Moody’s May Downgrade Spain, The European Picture Darkens
Moody’s may take away Spain’s Aa1 sovereign debt rating. The agency gave its reasons: (1) Spain’s vulnerability to funding stress given its high refinancing needs in 2011. This vulnerability has recently been amplified by…
Facebook Is The Best Place To Work
Facebook is the best place to work among US companies, according to employee research firm Glassdoor. The survey was based on nearly 150,000 employee reviews submitted during 2010 on companies with more than 500 employees.…
China Passes Japan In R&D, But Which Country Is Smarter?
The Battelle Memorial Institute, which looks at R&D in major nations, says that China will pass Japan as the No.2 spender next year. “China is expected to spend $153.7 billion on R&D in 2011,…
Media Digest 12.15.2010 Reuters, WSJ, NYT, FT, Bloomberg
Spain’s debt was put on review by Moody’s. (MarketWatch) The tax cut bill has been sent to the Senate. (Reuters) The Federal Reserve remains concerned about the economy and said its would continue with…
Huffington Post’s Profit Predicament
When the Huffington Post started in 2005, many pundits dismissed Arianna Huffington as a dilettante whose website wouldn’t last long. Today, the Greek-born entrepreneur proved her naysayers wrong, at least that’s what she tried…
Nokia Delays E7 Smartphone, Shares Slump
Nokia Corp. (NYSE:NOK) new Chief Executive Steven Elop was hired in September to lead a turnaround of the struggling cellphone maker whose market value has eroded by $61 billion. With today’s announced delay of…
Global Airline Profits Rising, But Margins Shatter
Business travelers are returning to the world’s airlines, and coupled with this boost in passengers is continued growth in cargo revenues. As a result, the International Air Transport Association (IATA) has raised its profit…
Some Shoppers Are Just Getting Started
Last-minute shoppers plan to be out in force this holiday season. A survey of shoppers by American Express Co. (NYSE: AXP). The survey indicates that 84% of shoppers haven’t finished yet and more than…
Best Buy Falters: Is Wal-Mart At Fault?
Electronics retailer Best Buy Co., Inc. (NYSE: BBY) posted a major miss on earnings this morning and the company’s share price is getting a beating. The company reported third quarter EPS of $0.54, a…
The Twitter-24/7 Wall St. Market Report (12/14/2010) Retail, Producer Prices, Best Buy
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Top Active Trader Alert Stocks (AMBC, GXDX, OXPS)
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Amgen, Inc. (NASDAQ: AMBC), Genoptix, Inc. (NASDAQ: GXDX), and optionsXpress Holdings, Inc. (OXPS). Amgen,…
Fed’s Best Bet Is To Sit On It Hands
Many of Ben Bernanke’s fellow Fed governors are sullen if not mutinous about the decision to buy in as much as $600 billion in US paper. Some consider it a road to inflation. Others…
Airline Baggage Fees Reach $2.6 Billion
Business school professors and airline analysts will look back on the first three quarters of 2010 and say that the industry finally found a way to make money. Baggage fees for the period hit nearly…