Reuters: A bill to help small business may be the last chance the Democrats have to help stimulate jobs before the election. Reuters: BP plc (NYSE: BP) oil spill claims should be below $20 billion.…
Hewlett-Packard (NYSE: HPQ) will buy ArcSight (NASDAQ: ARST) for $1. 5 billion, according to several media sources. It is the second deal that HP has made this month. It took 3Par (NYSE: PAR) out of the…
US poverty levels are likely to post a record increase for 2009, with the ranks of working-age poor approaching 1960s levels, according to the AP Census figures for 2009, to be released in next…
Inflation blossomed in China last month. Most of the cause was food prices. That may change as the country’s workforce agitates for higher wages. “The consumer price index rose 3.5% from a year earlier…
Late Friday, came word from The Wall Street Journal that GoDaddy, the Internet registrar best known for its raunchy commercials, was for sale in an “auction that could fetch more than $1 billion.” Those…
Genzyme (NASDAQ: GENZ), the target of a buyout offer from Sanofi-Aventis, began to lay-off almost 10% of its workforce today. The company would not say exactly what the size of the cuts would be.…
The amount that taxpayers owe to Uncle Sam is a staggering $103.2 billion, and according to the Washington Post, people charged with writing the tax laws are among the delinquent. Data from the IRS…
A cynic might say that the best thing that happened to firearms business was the election of Barack Obama in November 2008. Gun makers and owners, always distrustful of a Democratic administration, feared that…
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. “The Securities and Exchange Commission is examining whether firms that collect fees for funneling investors into hedge funds are properly overseeing client money” (WSJ) “In the Securities and Exchange Commission’s…
By John Tamny of Forbes Forbes’ latest feature covers predictions for the future. Concerning the dollar, no major currency in history has lasted longer than 42 years without intrinsic backing. As Utopian as it may sound, this signals…
Two-thirds of American expect a double-dip recession. A number of experts have observed that economists who have called an end to the recession are out of step with the public. The average American lives…
Facebook users spent more time using the social network than people spent on Google (NASDAQ: GOOG) in August, according to research firm comScore. Among all internet users in the US, the total number of…
One of the worst pieces of news that holders of sovereign debt can receive is that a large nation has been able to restructure its obligations on terms which are favorable to the country,…
August video games fell to their lowest level in four years. The belief that sales had begun to recover, based on numbers from late spring and early summer, has proved to be wrong. U.S.…
The high levels of testosterone that flows through the veins of young CEOs can throw off efforts for companies which are at work on mergers and acquisitions according to a new piece of research…
Olli-Pekka Kallasvuo has finally been pushed out as Nokia’s (NYSE: NOK) CEO and will leave the company and its board on September 20. He will get a small consolation prize as he remains chairman…
WSJ: The CEO of Nokia (NYSE: NOK) left the company. Reuters: BP plc (NYSE: BP) will delay Q3 results as it accounts for costs of the oil spill. Reuters: The SEC has begun a…
The Harvard Endowment, the largest of any university in the US posted an 11% return for the period which ended on June 30. That return was less than that for the DJIA over the…
Ebay announced today that Chancellor William B. Chandler III of the Delaware Court of Chancery ruled in the company’s favor in a shareholder suit filed against Craigslist, and its majority shareholders Jim Buckmaster and…