The Federal Reserve will begin monetary easing shortly. (Reuters) Oracle (NASDAQ: ORCL) CEO Larry Ellison claims he can prove wrongdoing by Hewlett- Packard’s (NYSE: HPQ) new chief executive. (Reuters) The International Energy Agency said…
Like the Ford Model-T, the Apple (NASDAQ: AAPL) iPhone is available in any color as long as it is black. That will be true until spring of next year, so people who want a…
GSK agreed to pay $750 million to settle false claims suit over the distribution of some of its drugs. The press statement by the company makes it appear almost as it nothing had happened:…
Along with the scuttlebutt about a potential Sony acquisition and chatter about a planned mammoth data center in North Carolina, the Apple rumor sites had some tantalizing tidbits. Here is a sample. Macworld defends…
People think that the United States is more corrupt this year than last year, according to Transparency International’s widely followed Corruption Perceptions Index. To be precise, the U.S. scored a 7.1 on the 10…
Industrial equipment supplier Airgas, Inc. (NYSE:ARG) reported second fiscal quarter 2011 results today that were pretty much in line with expectations. EPS, excluding items, came in at $0.83 on sales of $1.06 billion. That…
Unemployment, falling housing prices, and a relentless increase in foreclosures damaged home prices again, according to August Case-Schiller. Data through August 2010, released by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the…
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. Online travel companies want to block the Google (NASDAQ: GOOG) buyout of ITA Software (various) Chemical company China National BlueStar, backed by Blackstone, may buy Norway solar company Elkem. (Reuters)…
VW and Toyota (NYSE: TM) have competition from a US car company again–Ford. Ford Motor Company (NYSE: F) Q net income of $1.7 billion, $.43 cents per share, a $690 million improvement from third…
Digg.com was once so important to web 2.0, the spread of information and social media behavior that its executives were often interviewed about the future of news on the internet. Jay Adelson, who founded…
PaulVolcker, the aged former Fed chairman, says that quantitive easing poses little threat to the economy. “Inflation is not a problem right now. It won’t be a problem next year, it won’t be a problem…
Nissan’s flagship brand is Infiniti which competes with BMW, Mercedes, the Lexus brand of Toyota (NYSE: TM), and the Acura brand of Honda (NYSE: HMC). The Cadillac brand of GM needs to be added…
Sony (NYSE: SNE) shares have moved up recently on rumors that the company might be bought by Apple Inc. (NASDAQ: AAPL). Apple could easily afford the deal. It has over $50 billion of cash…
Many companies keep the names that they used to brand themselves when they were founded. Firms such as Ford (NYSE: F) and Apple (NASDAQ: AAPL) may have changed their corporate names slightly (Apple Inc.…
Reuters: American International Group (NYSE: AIG) CEO Benmosche has cancer. (Reuters) Ford Motor (NYSE: F) may post record profits. (Reuters) William Dudley of the New York Fed said the central bank could support the…
Netflix Inc. (NASDAQ:NFLX) is in the middle of the oldest dilemma on the Interne: how to make money doing cool stuff. It’s the old “why buy the cow when you can get the milk…
The National Association of Realtors says exiting home sales rose a strong 10% in September. Existing home sales includes single-family, townhouses, condominiums and co-ops. The figure was a seasonally adjusted annual rate of 4.53 million…
By John Tamny of Forbes Some economic commentators have decided that commodities hitting record highs across the board is a signal of a growing global economy. Their argument might be true if the rise…
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…