Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., coined the phrase “the new normal” some time ago. Now, he is hoping to add “the lost decade” to the lexicon. That’s what El-Erian…
Twitter has, by most estimates, 100 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…
Avon (NYSE: AVP) will be taken over by L’Oreal. (The Daily Mail) Forty states attorneys general will probe the mortgage foreclosure debacle (WSJ) John Varvatos, the menswear label currently owned by the VF Corporation,…
Barclays has set a new price target of $385 for Apple Inc (NASDAQ: AAPL) which is 31% above its current share price. Apple is currently the second most valuable company in the US by…
The National Association of Business Economics cut its forecast for 2010 and 2011 growth. This makes it more likely that the Federal Reserve will as well, which could lead to a new series of…
Short sellers aggressively sold off shares of companies which have lost value over the last month, perhaps on the chance that a rising market will life all ships. For the period ending September 20,…
Gap (NYSE: GPS), founded in 1969 as a the Woodstock generation left Woodstock for home as the company likes to say, has succumbed to customer pressure to keep its old logo. The clothing company…
Women are treated more like men in Nordic nations, according to the World Economic Forum’s Global Gender Gap Report 2010. “Nordic countries Iceland (1), Norway (2), Finland (3) and Sweden (4) continue to demonstrate…
A study by medical industry research firm Wolters Kluwer Pharma Solutions reported on in The Wall Street Journal, says that people who order prescription drugs often do not pick them up at pharmacies because…
Wal-Mart (NYSE: WMT) will begin to sell the Apple (NASDAQ: AAPL) iPad, which would not make much difference since the tablet is available almost everywhere else. The Wall Street Journal and other media outlets…
Google (NASDAQ: GOOG) will be one of the major investors in a massive wind farm project on the East Coast. It is hard to see how the search engine company will make money on…
Reuters: Asia nations have begun to guard against foreign capital inflow as currency tensions continue. Reuters: A halt in foreclosures could hurt investors in related securities. WSJ: Wall St. pay will rise 4% this…
Good thing that Barry Diller and Sidney Harman don’t work for the CIA because the two media tycoons are doing a terrible job in keeping word of the potential merger between The Daily Beast…
The Securities Industry and Financial Markets Association (SIFMA) which claims that it represents the interests of hundreds of securities firms, banks and asset managers, says that a full-scale moratorium would be ruinous to both…
The great dream of America’s energy planners and nightmare of the oil companies and coal producers is that one day the US will have a large scale, economic way to bring electricity to homes…
Twitter has, by most estimates, 100 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. Sinochem and Canadian pension are at work on separate deal to buy Potash (NYSE: POT) (The Times) Citigroup (NYSE: C) may move to increase its transaction business in Africa (Reuters)…
The Business Round Table, which is a group of the most powerful CEOs in America, will meet in Chicago this month and try to address what the largest businesses in the US can do…
CNOOC, the large Chinese energy company, will buy assets of US firm Chesapeake Energy Corp (NYSE: CHK) for $1.1 billion. Chesapeake holds large reserves of shale oil deposits and those have proven to be…
The penetration of the Internet may be high in the US, but it is not used nearly as much as in China and the Middle East. Essentially, Americans presence online does not affect personal…