The debate about whether the Congress and the Administration should push through another stimulus bill has gotten uglier. Some of the president’s advisers, including Christina Romer, the departing Chair of the Council of Economic…
Wheat prices continue to rise as Russia has set a ban on the exports of the crop. White hit a 23-month high of $8.25 and the price could go higher. It is not clear…
The number of government employees in Washington DC is 38% when all federal, state, and local workers are taken into account. That is really no surprise. Most of the people are on the US…
Reuters: Romer left her job as a top Obama economic adviser. Reuters: BP plc (NYSE: BP) has cemented its leak in advance of a permanent plug. Reuters: Saudi Arabia continued talks with Research In…
Last month, Peter Lauria of the Daily Beast wrote an intrigue-filled story chock full of anonymous Tweets and anonymous sniping from competitors arguing that there was a “coup” in the works against Microsoft Corp.…
News Corp (NWS) Chief Executive Rupert Murdoch had the last laugh, as he often does on Glenn Beck’s many critics. Speaking on the company’s earnings conference call yesterday, the media mogul said the nearly…
Updated throughout the day. Verizon Communications (NYSE: VZ) and Google Inc (NASDAQ: GOOG) have reached an agreement of rules for net neutrality. (various) Goldman Sachs Group (NYSE: GS) may shut down its proprietary trading…
This is the Twitter-24/7 Wall St. market report for August 5, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
The chance that Barnes & Noble (NYSE: BKS) has decided to consider taking itself private has spawned a cottage industry of picking the next retailers that will make a similar decision. Barnes & Noble…
Making the rich pay higher taxes is an ancient notion that budget gaps can be filled by forcing a heavy levy on the 1% or 2% most wealthy people in any developed nation. Tim…
The Chinese government has taken the extraordinary action of testing some of its banks for the effects of property value drops of 50% to 60% in some regions. Previous tests assumed a 30% drop…
Health care costs for treating obesity-related illness are as high as $149 billion per year, according to a report released by the National Center for Chronic Disease Prevention and Health Promotion, a division of…
Reuters: Halliburton (NYSE: HAL) has objected to giving the government advanced notice of its dealings with oil companies on major projects. Reuters: Google Inc. (NASDAQ: GOOG) will take on Facebook with a series of…
Target Corp. (NYSE: TGT) and Best Buy Co (NYSE: BBY) tried to suck up to State Rep. Ron Emmer, a conservative Republican who has a good chance of becoming the next governor of their…
The press from the new NPD survey has focused on the ascent of the Google NASDAQ: GOOG) Android operating system to first place in the April to June quarter based on US sales. Research…
This has been a year to forget for Johnson & Johnson (NYSE: JNJ). Unfortunately for shareholders, the company’s board appears ill-equipped to handle two serious problems that may tarnish the company’s reputation. In January,…
The Apple Inc. (NASDAQ: AAPL) iPhone 4 launched in late June and was initially heralded as one of the most successful product releases in Apple’s history. But within days the firestorm over reception and antenna issues…
By Douglas A. McIntyre You could get freebies every day if you wanted to. Go to any restaurant and chances are high you’ll be able to grab matches, toothpicks or mints free of charge.…
Updated throughout the day Citigroup (NYSE: C) put up its Egg online bank business (FT) Motorola (NYSE: MOT) and Verizon Communications (NYSE: VZ) will launch a tablet to compete with the Apple Inc (NASDAQ:…
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…