China Bank Stress Test: Looking For The Next Las Vegas
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…
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…
Toyota Motor Corp. (NYSE: TM) reported earnings for the quarter ending June 30–its fiscal first quarter–and the numbers were sterling even though it has recalled nearly nine million of its vehicles. Revenue reached 4,872…
It has to be frustrating to Verizon Communications Inc. (NYSE: VZ) to stand by and watch the success of the Apple Inc (NASDAQ: AAPL) iPhone and iPad which helps its major rival AT&T Inc.…
A new government study done for the NOAA shows that only 26% of the oil spilled into the Gulf by the Deepwater Horizon catastrophe still poses a threat to shorelines and wildlife. The balance…
MarketWatch: Toyota Motor (NYSE: TM) upped its full-year forecast Reuters: BP plc (NYSE: BP) began the “static kill” of its well in the Gulf. Reuters: Japan is worried because the yen is at a…
Barnes & Noble (NYSE: BKS), a slightly younger brother to Blockbuster in the retail industry, has gone up for sale. The book store firm’s stock moved up 30% after hours to $16.10, more evidence…
Jen-Hsun Huang, the co-founder, president and chief operating officer of Nvidia Corp. (NASDAQ: NVDA), is reportedly a perfectionist who has little patience for screw-ups by employees. Too bad he isn’t held to the same…
The clock has run down for Research In Motion (NASDAQ: RIMM) already. The Google (NASDAQ: GOOG) Android-based smartphones is made by a bevy of manufacturers. The Apple Inc (NASDAQ: AAPL) iPhone has taken so…
There has not been a single positive piece of housing news in more than a month. That string continued today as the National Association of Realtors put out is June figures for pending home…
Updated throughout the day. The Federal Reserve may make small moves to try to improve the economy (WSJ) Investment bank Houlihan Lokey refused to support the buyout of The Tribune Co. (WSJ) Genzyme has…
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…