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…
The Congressional Budget Office (CBO) estimates that the federal budget deficit for 2010 will exceed $1.3 trillion—$71 billion below last year’s total and $27 billion lower than the amount that CBO projected in March…
The economy is dying and the process is accelerating by the day now. The Conference Board released extremely weak data. The Leading Economic Index for the U.S. increased 0.1% in July to 109.8, following…
Updated throughout the day. The Apple Inc (NASDAQ: AAPL) iPhone 4 and iPad will go on sales in China via China Unicom (NYSE: CHU) (Caixin) India has found a way to tap into 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…
Airlines that used to offer free baggage service and food now charge for those services along with almost everything else a passenger would want. Soon there will be a toll to go to in-flight…
Mark Hurd’s exit from Hewlett-Packard (NYSE: HPQ) was based on his bad judgment, bad manners, or bad behavior. None make him any less of a highly skilled technology CEO, perhaps the best since Louis…
There are already grey market versions of the iPhone 4 and iPad on sale in China, many of them brought in through Hong Kong. And, there are a number of cheap knock-offs for sale…
Job losses at companies with fewer than 50 workers eclipsed larger companies when it comes to job cuts according to new data from the Labor Department. The information covers the last quarter of 2009.…
Nations with strong credit ratings did not experience the sovereign debt crisis that affected countries like Greece, Iceland, and Spain. Many countries with good credit ratings avoided the crisis because, among other reasons, they…