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…
Walmart (NYSE: WMT) posted pathetic US numbers, but was saved by its international group as it posted good earnings and revised its forecast for the year upward. Walmart reports second quarter diluted earnings per…
The US, unlike other nations, at least asks its lending institutions to abuse their customers as little as possible The Fed’s latest directive is that banks should not let mortgage originators get better fees…
Two studies–one by Deutsche Bank and the other by TransUnion-show that mortgages with payments that are past due for 60 and 90 days have risen sharply. The Deutsche Bank data shows that in some…
For those who believe that China will eventually use its holdings in long-term US debt to pressure America to keep open trade and not press too much on the value of the yuan, there…
Harvard ranked first among American universities in the US News poll of national universities. And, well it should. The college has produced eight US presidents, and a number, including Obama and the second Bush,…
Reuters: The GM IPO is about to be filed. Reuters: Several members of the Senate want the FCC to push ahead with its own internet rules and not rely on Google (NASDAQ: GOOG) Reuters: …
Home builder confidence was crushed this month and cam in well below analyst estimates. The numbers from the National Association of Home Builders reported that the Home Builders/Wells Fargo Housing Market Index declined one…
Updated throughout the day. The board of Hewlett-Packard (NYSE: HPQ) was angered when Mark Hurd made a private deal to settle sexual harassment charges made by a consultant (WSJ) Many Google (NASDAQ: GOOG) partners…
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…
Dell (NASDAQ: DELL) is not going to be able to buy its way out of trouble. The company and Michael Dell recently settled government charges which have damaged the founder’s credibility as a public…
Behind every American who does not have a job there are apparently many who are concerned about whether they will keep their own. Depending on whether joblessness is 9.6% or the 17% which includes…
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…
There is, apparently, a market for 3-D pornography. This is the gamble that a firm in Hong Kong is taking as it produced new films like “3-D Sex & Zen: Extreme Ecstasy” according to…
The US, EU, UK, and Japan were supposed to emerge from a great recession this year. The experience of past recessions would indicate that GDP should pick up to 3% or 4% and remain…
It is finally official. China passed Japan in GDP in the second quarter and is likely to lengthen its lead as Japan’s growth is stalled at under 1% and China’s GDP is expanding at…
Reuters: Japan’s Q2 CGP was only .1% or a rate of .4% for the year. Reuters: Worries about growth have moved from Europe to the US. Reuters: Bank of America (NYSE: BAC) may sell…
When will China run low on energy sources? At the rate that its consumption is growing, the answer may be soon. China’s electric power consumption in July reached 389.6 billion kilowatt-hours, up 13.94 percent…
A web security group challenged Verizon (NYSE: VZ) on the security of encryption software it issued in 2005. The encryption is meant to keep financial data from being hacked.The Electronic Frontier Foundations (EFF) wrote,…
These days, chief information officers at Fortune 500 companies are spending a lot of their time saying “no.” The good ones are masters at it. They have to turn down pleas from department heads…