The bailout of Ireland has not been nearly enough to cause capital markets investors to believe that Portugal and Spain are out of trouble. The concerns about sovereign defaults has only grown. Each nation…
The DVD industry rose to a breathtaking level nearly as fast as any entertainment medium in history. The basic technology for the product was created in the early 1990s. DVDs were not available in…
The U.S. Immigration and Customs Enforcement shuttered more than 70 websites recently. Some were e-commerce operations. Others were set up to use filing sharing technology to transfer premium feature-length content which violates copyrights. Still others were…
Google (NASDAQ: GOOG) keeps losing its top employees to other companies. Some of its senior management and best engineers have departed for AOL, Facebook, TellApart, Cuil, DoApp, and scores of other companies–many of them…
Reuters: ECB executives sought to calm capital markets and assure them that the Ireland bailout should stabilize the euro. Reuters: Online bargain hunting has spread beyond CyberMonday. Reuters: Members of the President’s deficit reduction…
There have been several estimates of Black Friday sales both specific and anecdotal. The National Retail Federal added its figures for what many believe is the most critical shopping day of the holiday season.…
European finance ministers have signed off on a $113 billion rescue package for Ireland with the question of whether it will be enough still open. It is the second such rescue of a European nation…
Huge discounts offered to consumers in early November may have hurt Black Friday sales, and the trouble may not be over. Research from ShopperTrak shows that Black Friday retail sales at the store level…
Online spending rose much more than expected on Black Friday. Should the trend continue, holiday 2010 sales may be stronger than expected, especially if e-commerce is a proxy for overall retail activity. comScore expected…
nationsonline.orgInvestors may have begun to aggressively sell off the bonds of Portugal and Spain. They will try to convince international investors that the Portugal and Spain sovereign debt yields are too high to allow…
The Kindle was not the Amazon.com (NASDAQ: AMZN) flagship product much of Black Friday. Perhaps that is because of suspicions that the world’s largest e-commerce site makes little or no money on the device.…
Last week the Chicago Climate Exchange, which is owned by Intercontinental Exchange, Inc. (NYSE: ICE), announced that it would no longer operate the voluntary carbon-trading program it has run since 2003. The CCX, as it was…
Updated throughout the day. The EU may have begun to pressure Portugal to accept a bailout (various) Ireland will try to set terms for the bailout of its largest banks (Bloomberg) The EU will…
Tobacco companies like Philip Morris (NYSE: PM) and Altria (NYSE: MO) have already been pushed into corners as more and more countries prohibit smoking indoors. The firms have been able to largely offset the…
Sheila C. Bair, the head of the FDIC, believes there is a brew of US debt which will cause the global capital markets to lose faith in American paper. The case has been made…
Short sellers have made a broad range of gambles that many large stocks will lose value before the end of the year, which indicates that they believe that markets will tumble in December. A…
The closer the heart of the holiday shopping comes, the more it appears that it will be a good one and will help erase the memory of an awful 2008 and a 2009 which…
nationsonline.orgA argument has arisen about whether the facility put together last spring to help finance Greece and to cover future bailouts of eurozone nations if they need it is large enough. The package put…
Eurozone leaders have pressed Portugal to take financial aid. (Financial Times Deutschland) KKR and other private equity interests will by Del Monte for $4 billion. (Reuters) Genzyme (NASDAQ: GENZ) may be open to a…
GM (NYSE: GM) says the miles-per-gallon equivalent that its new Chevy Volt will get depends on how it is driven. The No.1 US car company says “The Volt is a complex vehicle that is…