Bank of America (NYSE: BAC) shares have dropped to 52-week low in the last few days. So has Wells Fargo (NYSE: WFC). Morgan Stanley (NYSE: MS) and Citigroup (NYSE: C), and quasi-bank GE (NYSE:…
A young Russian woman capably sat my family at an Ocean City, New Jersey restaurant during our recent vacation. A day later I saw the same person working at a souvenir store on the…
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…
Potash Corporation of Saskatchewan (NYSE: POT announced that its Board of Directors voted unanimously to reject the unsolicited offer by BHP Billiton Development 2 (Canada) Limited, an indirect wholly-owned subsidiary of BHP Billiton Plc …
Starbucks (NASDAQ: SBUX) has made a remarkable recovery. Earnings rose in the last three quarters. Cost savings driven by 12,000 layoffs and hundreds of store closings in 2008 have significantly helped margins. Starbucks shares…
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…
M&A is back and investment bankers across the world are counting on large deals to make them highly profitable again. The mergers business was hurt by the economic downturn, M&A deals that failed due…
Under federal law, potential workers cannot be discriminated against for almost any reason including race, religion, or ethnicity. It turns out that what the federal government says businesses are required to do and what…
It has been decades since US car companies and their products were viewed as superior to their foreign counterparts, particularly those made by Japanese automakers. Positive ratings of the automobile industry spiked to 39%…
Reuters: Kenneth Feinberg took over the BP plc $20 billion escrow account. Reuters: Americans are confused about healthcare reform according to a new poll Reuters: Sinochem approached Potash (NYSE: POT) about countering its BHP…
There is some silver lining to the relentless clouds of jobless news which included weekly initial unemployment filings which reached a ten month high last week of 500,000 A Bureau of Labor Statistics report…
HAMP, the Administration’s effort to keep three to four million Americans with homes out of foreclosure has been progressively losing its credibility as a successful program. Whatever legitimacy it had left was lost when…
Updated throughout the day. The FAA will fine American Air (NYSE: AMR) $25 million over maintenance violations (WSJ) “Private equity-owned Tegel Foods has appointed advisers to consider strategic options including a sale.” (Reuters) Douglas…
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…
Apple (NASDAQ: AAPL) can afford to buy GM. The No. 1 US auto firm makes a fair amount of money, has nearly 20% of the American car market, and is the largest car manufacturer…
Bloomberg recently pointed out that Honda Motor (NYSE: HMC) has a profit advantage over many of its Japanese manufacturing peers because it decided to build products in the United States more than two decades…
Forty-five percent of Americans believe they are underpaid. The number should probably be 100%. How many people actually believe that their talents are not worth more money? The press has looked at the new…
Reuters: Korean National Oil made a bid for UK firm Dana Petroleum Reuters: Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) shares dropped on concern about a tech slowdown. Reuters: Potash (NYSE: POT) is looking…
Early sales figures of Motorola’s (NYSE: MOT) Droid 2 show that the smartphone is doing extremely well, with estimates of the product selling 150,000-200,000 units in its first week. Many stores which carry the…
The market did not like Dell’s earnings and sold the shares down 3% after hours to $11.70. The performance give the Dell board of directors yet another reason to fire CEO Michael Dell. The…