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…
Updated throughout the day. Shares of Actelion are up on takeover rumors (Reuters) KKR (NYSE: KKR) is about to buy Del Monte (NYSE: DLM) (Reuters) Pacific Investment Management Co (PIMCO) will raise $1 billion to…
Rating the non-profit sector is tricky. The main ratings services Charity Navigator and BBB Wise Giving Alliance are both flawed. Moreover, some in the non-profit world object to the idea of assigning grades to…
China wants its economy to be like the ones in many other large nations. It wants slow GDP growth and tiny inflation–just like the United States. To get on that path, China has raised…
Most of the attention paid to the sovereign debt crisis in Europe, currently highlighted by trouble with Ireland, is about sharp cost cuts, higher retirement ages, and new taxes. The collection of taxes already…
Dell (NYSE: DELL) reported especially strong earnings for its last quarter. Revenue was up 19% to $15.4 billion. Net income rose 144% to $822 million. CEO Michael Dell was bold to say “Our strong results…
“Globally, both growth and trade are unbalanced. Because a strong expansion in the emerging-market economies will ultimately depend on a recovery in the more advanced economies, this pattern of two-speed growth might very well…
Dell’s (NASDAQ: DELL) margins rushed past expectations and shares moved higher (Reuters) Bernanke said a strong US recovery is essential to global economic health (Reuters) Lawmakers attacked regulators and banks on the foreclosure debacle…
Next year will not be much of an improvement over this one if a large group of prominent economists is to be trusted. The Research Seminar in Quantitative Economics at the University of Michigan poll…
New Jersey Gov. Chris Christie, a rising star in the Republican party, recently stunned the media by expressing doubts about global warming. Four scientists from universities in the state even invited him to a…
Swiss-based Glencore International AG is the world’s largest commodity trader posted earnings of $979 million for the third quarter, up from $677 million in the second quarter. For the first nine months of 2010,…
Two million people are scheduled to lose their long-term unemployment benefits between now and year’s end. Unless friends or relatives elect to be generous, this would essentially make them indigent and likely without shelter.…
The economy has begun to show signs of life, at least in Philadelphia. The Philadelphia Federal Reserve said: “Results from the Business Outlook Survey suggest that regional manufacturing activity showed improvement in November. All…
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 Thursday morning. We are tracking news and moves in shares of Dry Ships, Inc. (NASDAQ: DRYS), Exelixis, Inc. (NASDAQ: EXEL), Humana, Inc. (NYSE: HUM),…
The Organization For Economic Co-Operation And Development (OECD) says the world’s GDP is not growing at the rate it expected just months ago, and that the problem will persist. The solution to the trouble is not hard to…
CIA World FactbookLend tens of thousands of poor people who do not have normal access to modest sums of money, and do it during a recession, then hope to get the money back. It…
The deficit may be one of the most important issues which faces Americans today and that may continue for several years. A new poll by the Wall Street Journal and NBC News shows that many US…
Possibly the most critical debate at the moment in the global economy is whether central banks should fight inflation or deflation. On its face, inflation appears to be the lesser of two evils. High…
The GM IPO will be the largest eve.r (Reuters) Regulators indicated banks may face large write-offs on mortgages. (Reuters) Demand for the Chevy Volt has risen quickly. (Reuters) Toyota (NYSE: TM) expected higher US…