The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans for currency…
The cost of bailing out Fannie Mae and Freddie Mac is soaring. New S&P research estimates that it will take $700 billion to bring the firms back to financial health, slightly less than the…
Published with permission from Audit Integrity Inc. In an article published November 2 (“The Dodd-Frank Whistleblower Provisions: Some Other Things to Worry About”) , the D&O Diary pointed out that the Dodd-Frank Wall Street Reform and…
From AppleInsider: Get ready for cool new iPhone games. The site found an Apple patent application that “describes iPhone games that would use the device’s many sensors and capabilities — including motion detection, GPS…
Retailers are out with October sales reports and the news is mixed. Perhaps the biggest surprise was teen clothing store Zumiez Inc. (NASDAQ:ZUMZ), which saw same-store sales soar 21.5% in the month. That’s nearly…
Investors looking to making a killing on gold this past year would have done well to invest in silver. Gold prices have risen to more than $1,300/ounce, about a 20% jump in the past…
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. RBC may sell its project loans to UFJ Financial (Reuters) GM and the government disagreed over the price of the car company’s IPO (Bloomberg) BMG Rights Management and the Warner…
Most companies that fail over time do so because of a series of modest mistakes made by generations of management. Markets shift and corporations are slow to adapt. Strategic acquisitions, which could change a…
Ben Bernanke, the head of the Federal Reserve, made the remarkable move of defending his policies in public. He used the Op Ed section of The Washington Post as his platform. It is a…
Facebook says it will allow local retailers to send offers to users. The “Deals” service is based on Facebook technology which allows members to share their locations via their cellphone GPS systems–something that their…
The Canadian government has rejected an attempt by BHP Billiton (NYSE: BHP) to buy fertilizer company Potash (NYSE: POT). BHP has 30 days to try to change the government’s mind. That is unlikely to…
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat dollar inflows based on…
The Canadian government blocked BHP Billiton’s (NYSE: BHP) $39 billion takeover of Potash (NYSE: POT), which is based in Saskatchewan The move will likely severely damage Canada’s reputation as an open capital market. It will…
By Catherine Wood Inflation is dead, according to financial pundits in the papers and on TV. The Federal Reserve has kept interest rates near zero to stimulate the economy. Mortgage rates are at all-time…
In the midst of the one of the worst car sales environments in US history, GM has announced details of its IPO. If the company were not the leading auto company in the world’s…
Investors may be giddy with delight over last night’s decisive Republican victory in the midterm elections. But a reality check is in order. Marco Rubio, the new Republican Senator-elect from Florida, pointed out voters…
From AppleInsider: Apple has not provided enough evidence to prove that Nokia has violated patents, according to a memo from the International Trade Commission obtained by the International Trade Commission. The site calls it…
Just last week the Mortgage Bankers Association, MBA, released its forecast for mortgage rates and numbers for the rest of 2010 and 2011. The association expect 30-year mortgages to fall through the fourth quarter…
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…