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 has hired bankers to consider at bid for Potash (Reuters) The CEO of HSBC (NYSE: HBC) may quit if he is not named chairman of the bank (FT) Research…
The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and company executives say otherwise.…
Apple Inc’s (NASDAQ: AAPL) Mac and iPad continue to dominate Window’s based PCs in surveys. The new ASCI study of customer satisfaction is no exception. “Apple continues its dominance, leading the PC category by…
Larry Summers is gone now. His two years of duty as the head of the National Economic Council are over. He will return to Harvard, where he was once kicked out as President, to…
Microsoft (NASDAQ: MSFT) has struggled with a stock price which is stuck where it was five years ago. The world’s largest software company’s revenue in its last fiscal year is not much different from…
The concerns that people have about employment are supposed to get better and not worse as the economy comes out of a recession. That is not true among most Americans, according to research from…
Reuters: White House adviser Larry Summers will leave. Reuters: There is more support in Washington to press China hard on the yuan. Reuters: The prime minister of Japan said its intervention on the yen…
The sad state of the IRS’s computer networks has been documented in government reports for years. Now, as the federal government’s deficit balloons past $1 trillion, the notion that the agency’s poor data collection…
Research In Motion (NASDAQ: RIMM), maker of the iconic BlackBerry smartphone, will launch its own tablet PC, presumably to compete with the Apple Inc. (NASDAQ: AAPL) iPad, according to The Wall Street Journal. RIM’s…
Dr. Lawrence H. Summers, Director of the National Economic Council, will leave The White House later this year to return to the place of his former glory–Harvard University. He was once president of Harvard…
Are happy days here again? That’s the implication of a report from Bespoke Investment Group LLC, which argued that individual investors may be returning to stocks. Bespoke found that there have been gains at…
The Federal Reserve Open Market Committee notes were issued today and the agency said the economy was once again in nearly dire straights. “The pace of recovery in output and employment has slowed in…
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…
By John Tamny of Forbes Not surprisingly gold has hit an all-time high amid a bipartisan rush among politicians to name China a “currency manipulator”. These are the same clueless politicians who want China to manipulate its…
Airlines will make mammoth profits this year. The International Air Transport Association (IATA) revised its forecasts for the global industry higher–to $8.9 billion. In June, its forecast was only $2.5 billion. The turnaround in…
Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII, corporate America…
Ron Bukle’s fierce battle for Barnes & Noble Inc. (NYSE: BKS) is baffling for many reasons. The biggest mystery is why he is bothering at all. Barnes & Noble’s prospects are so bleak that…
People worry about their jobs and the economy more than anything else. That is the conclusion of a new Gallup poll that was a waste of both time and money. No sane person would…
The Department of Transportation issued its report on distracted driving in 2009. The number of car crash fatalities attributed to the problem was only 16% of the total, which means the percentage was level…