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…
The new report on the US economy by the Organization for Economic Co-Operation and Development says that the American deficit is greater than the government says it is and that one of the results…
The relationship between productivity and job creation is a complex one–at least as seen through the eyes of economists. It is based on a simple question: how long can companies squeeze additional work out…
MarketWatch: The Chinese let the yuan rise perhaps because of pressure from the US. Reuters: The BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT) may go into 2011 as the Australian company tries…
Potash Corporation of Saskatchewan (NYSE: POT) should have take the offer of BHP Billiton (NYSE: BHP) to buy it. Potash stock may never see the offer level again. BHP said it “has amended and…
Here are top research calls for analyst upgrades, downgrades, and initiations made today: Central European Distribution Corp. (NASDAQ: CEDC) Started as Buy at Citigroup. ExxonMobil Corp. (NYSE: XOM) Cut to Sector Perform and $70…
As the television networks start a new television season, hope will spring again from Hollywood’s fertile loins. This year, there is more hope than usual. Walt Disney Co.’s ABC (NYSE:DIS), CBS Inc. (NYSE: CBS), …
The recession ended last June, according to those who decide–the Business Cycle Dating Committee of the National Bureau of Economic Research. The economy has been in an expansion since then, at least so far…
24/7 Wall St. revised our list of the 50 “Least Transparent” companies for the month of July, and as might be expected, the returns were still dreadful. In addition, five of the companies had…
American home builders say that the housing market is not recovering. They blame the unemployment problem, implying that there is no light at the end of the tunnel. A large number of economists believe…