The head of Android operations at Google (NASDAQ: GOOG) says that the adoption of the mobile operating system has gotten a substantial lift from outside the United States. That does nothing to tell investors how…
McDonald’s (NYSE: MCD) is tired of taking blame for soaring childhood obesity rates and the resulting Type 2 diabetes and heart disease. The company’s CEO Jim Skinner told the FT that the “food police” have…
Apple (NASDAQ: AAPL) and Chinese firm Lenovo had a surge in sales of their personal computers last month. Most of the rest of the industry did not. NPD Group, the research organization, reported that sales…
GM (NYSE: GM) has offered buyouts to 3,000 workers at 14 of its plants. Most of these employees have special skills beyond assembly work. Many are electricians and welders. The more seasoned workers will…
The new tax package made it through the first stage of Congressional approval. (Reuters) The federal government began the process of setting higher capital requirements for US banks. (Reuters) China will have to take…
Moody’s says that plans by Congress and the Administration to extend tax cuts may stimulate the US economy for the next year. That will be the end of the positive effects. The budget deficit…
Fewer homes had underwater mortgages in the third quarter. The trend means little if anything to current homeowners and potential buyers. “CoreLogic reports that 10.8 million, or 22.5 percent, of all residential properties with…
Is cybercrime on the rise or are more people complaining about it? It’s tough to say. According to a Gallup poll released today, 11% of U.S. adults claim that they or a member of…
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…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Biostar Pharmaceuticals, inc. (NASDAQ: BSPM), Huntington Bancshares Inc. (NASDAQ: HBAN), Nektar Therapeutics (NASDAQ: NKTR),…
Updated throughout the day. Bank of America (NYSE: BAC) is trying to sell $1 billion of toxic mortgage paper (NYPost) Carlyle Group may delay its IPO after its CFO resigned (FT) Ahold may bid…
The Organisation for Economic Co-operation and Development issued its Euro Area Economic Report. Some of its recommendations were harsh, particularly about punishing financially weak EU nations that cannot balance their budgets. The message was that…
Inflation in China has gone high enough that the government may have curtail economic growth to curb it. Such actions would be unusual because the People’s Republic has always seemed to put general economic…
President Obama will host a meeting for a number of large company CEOs in Washington this week. The heads of Google (NASDAQ: GOOG), Cisco (NASDAQ: CSCO), IBM (NYSE: IBM), and PepsiCo (NYSE: PEP), among…
The Senate is close to a vote on the new tax package. (Reuters) China extended its reserve requirements for top banks. (Reuters) A&P filed for bankruptcy. (Reuters) Oil rose after OPEC refused to raise…
More than half of the American workforce is comprised of women. It is well-known that they are paid less than their male counterparts. Several studies show that female workers make about 77% of the…
24/7 Wall St. continued its ongoing evaluations of Starbucks stores, this times visiting a number of locations in Manhattan. A few of the special Christmas gifts from the coffee retailer: 1. Dirty toilets. It would…
OPEC said it would maintain production levels. The cartel defended its decision by noting that the world’s economy is barely out of recession. The current $90 price of oil was hardly mentioned in OPEC…
First, video killed the radio star. Now, it looks like the Apple Inc. (NASDAQ:AAPL) iPad is causing the same sorts of disruption to newspaper publishers. According to a survey of 1,000 iPad users by…
The People’s Bank of China has announced another 50 basis points increase in the country’s required reserves ratio for China’s banks. This is the sixth such increase in a year, and the third in…