National Employee Morale Day At Boeing
Boeing (NYSE: BA) workers have to put up with the fact that their CEO W. James McNerney Jr. is one of the worst big company chief executives on the planet. Try as he might,…
All Work
Douglas A. McIntyre
Broadcast Network News Fades To Black
ABC News President David Westin, who has served as the head of the Walt Disney Co. (NYSE:DIS) for 13 years, is calling it a career at the end of the year. Finding a replacement…
Midday Market Movers: Nautilus Surges, Idenix Pharma Collapses
The stocks which have made moves at midday: Idenix Pharmaceuticals (NASDAQ: IDIX) off 47% to $3.17 based on an announcement that the company received verbal notice on Friday, September 3, 2010 from the U.S.…
The Twitter-24/7 Wall St. Market Report (9/7/2010): Barclays CEO, Tax Cuts
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…
Today’s Best Market Rumors (9/7/2010)
Updated throughout the day Obama will proposed tax credits to encourage business expansion. (Bloomberg) The chairman of HSBC (NYSE: HBC) will step down to take a job with the UK government. (Bloomberg) The Justice…
Money Can Buy Happiness–At About $75,000 A Year
Economic academicians Angus Deaton and Daniel Kahneman looked at surveys of 450,000 Americans conducted in 2008 and 2009 for the Gallup-Healthways Well-Being Index and found that, for some people, money can buy happiness. Happiness…
IPO Market: 161 Companies Seek $56 Billion
The recession is over, at least for companies which want to raise money through IPOs. There have already been a large number of initial public offerings this year despite uneven markets. That may be…
Fourth Quarter Job Increase Figures Are Grim
Some people expect that the economy may recover in the fourth quarter based on modestly positive unemployment numbers for August. GDP may actually pick up by 3% or 4% some optimistic experts claim. There…
The Ten American Industries Which Will Never Recover
It has become clear that jobs in some industries may never come back or if they do it will take years or decades for a recovery. 24/7 Wall St. examined the Bureau of Labor…
24/7 Wall St.’s Corporate Power Rankings: Week 34
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
Media Digest 9/7/2010 Reuters, WSJ, NYT, FT, Bloomberg: Hurd Joins Oracle
Reuters: Mark Hurd, former CEO of Hewlett-Packard (NYSE: HPQ), joined Oracle (NASDAQ: ORCL) as co-president. Reuters: The Justice Department is looking into the Google Inc. (NASDAQ: GOOG) deal to buy ITA Software. Reuters: Barclays…
The New Obama Stimulus Package And The Future Of The Middle Class
The President said in Milwaukee today that he wants to create jobs for Americans. Mr. Obama stressed that America needs a strong middle class and that American workers, who are the best in the…
Fritz Henderson Makes The Weirdest Career Move Ever
When Fritz Henderson was named CEO of General Motors in March 2009, John Gapper of the Financial Times argued that the veteran auto industry had ” a 50-50 chance, which is not bad given…
Media Digest (9/6/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Jobs data continues to push global equities up. Reuters: Daimler will increase its dividend Reuters: Nokia (NYSE: NOK) will release a new line of smartphones Reuters: Craigslist will block access to some adult…
Former HP CEO Mark Hurd May Join Oracle
Former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd may join Oracle (NASDAQ: ORCL) according to a report in The Wall Street Journal. Hurd was pushed out by HPs board, a move that Oracle CEO Larry…
Krispy Kreme Is Back
Krispy Kreme Doughnuts Inc. (NYSE: KKD), which until recently was seen by investors as being staler than a day-old crueller, is on the verge of a remarkable comeback. The maker of doughy, delicious and…
The Ten Greatest Labor Strikes in American History
The labor stoppage, commonly known as the strike, is a natural result of tension between labor and management. Management has always wanted work for as little compensation as possible. Labor has always wanted compensation for what it…
Today’s Best Market Rumors 9/3/2010
Updated throughout the day. Obama may extend an R&D tax credit that is set to expire (Bloomberg) Google’s (NASDAQ: GOOG) YouTube will have $450 million in revenue this year and will be profitable (NYT).…
The Twitter-24/7 Wall St. Market Report (9/3/2010) Unemployment
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…
The Ten Things The Government Could Do To Cut Unemployment In Half
Unemployment, according to a number of government officials and economists, has become intractable and the August jobless rate hit 9.6% as non-farm payrolls dropped 54,000. That cannot be said about any other US post-war…