Verizon Wireless will begin to market the Apple Inc. (NASDAQ: AAPL) iPhone next year, if media reports are correct. The large cellular provider will also launch a super-fast 4G LTE wireless network in 38…
As investors ready themselves for Halloween, images of the macabre are hard to escape. The stock market also is filled with death metaphors. Companies SLASH costs and stocks are PUMMELED by bad news. Meanwhile,…
Google (NASDAQ: GOOG) is not the number 1 mobile operating system used in smartphones in the US. It is not number 2. Google is now in third place with only 19.6% of the mobile…
Updated throughout the day. BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RTP) will kill an iron ore joint venture. (Sydney Morning Herald) Liverpool F.C. has agreed to sell itself to New England Sports…
Moody’s recently downgraded Ireland’s debt. Now Fitch has done the same, which makes a restructuring of the nation’s individual and corporate tax rates inevitable. The government cannot cut costs enough to make up for…
On the heels of disappointing news from Challenger, Gray & Christmas about planned lay-offs in September, ADP issued equally bleak news. Private-sector employment decreased by 39,000 from August to September on a seasonally adjusted…
The downward trend in layoffs is over. Employers announced plans to cut 37,151 jobs during the month, a 7% increase from the 34,768 job,cuts reported in August, according to Challenger, Gray & Christmas. For…
Hewlett-Packard (NYSE: HPQ) made a mistake when it bought Palm. It is about to make a much more costly mistake in launching a series of smartphones that run the rickety Palm webOS, scheduled for…
The results of Costco Wholesale (NASDAQ: COST) for the September quarter were impressive, even if they are already priced into the retailer’s shares. Net sales for the fiscal 2010 fourth quarter, the 16 weeks…
The TARP program is no more. The Treasury Department issued its final report on the cornerstone project meant to save the US financial system from failure. “In light of the recently announced AIG restructuring…
It may seem to be an extremely modest start, but the Interior Department has approved two large-scale solar projects which will be the first ever build on public land. The Imperial Valley Solar Project,…
Reuters: George Soros says Germany has a deflation problem. Reuters: China helped keep the yuan’s value low by giving aid to Greece. Reuters: China ignored EU comments about the yuan. Reuters: Congress wants investigations…
Google Inc. (NASDAQ: GOOG) is testing the old “why buy the cow if the milk is free” cliché with the Android Mobile OS. The question remains whether the search engine giant will ever earn…
What does it mean that Aon Corp. (AON) is getting more calls from companies for compensation consulting? Well, according to a Bloomberg News story, the world’s biggest insurance broker sees this as a “great,…
The IMF (International Monetary Fund) says that trouble with the sovereign debt markets and a collapsed real estate market in America have undermined the global financial recovery. Based on its statements, the problems are…
The value of many of the most significant blogs have increased in the past year as the economy continued to improve and advertisers were willing to pay more to reach audiences online. Readership at…
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…
Toshiba has introduced a 3D TV that does not require consumers to wear the odd glasses that people must wear to view movies using the technology. Many electronics companies say that 3D TV will…
Amazon.com (NYSE: AMZN) has begun to raise the price of some of its e-books above their paper versions. According to The New York Times, “Don’t Blink,” by James Patterson and Howard Roughan, whose publisher,…
Moody’s Investors Service placed Ireland’s Aa2 local currency and foreign currency government bond ratings on review for a possible downgrade. That means that global capital markets investors will force the nation to pay much…