Thousands of hackers will be able to break into the Google (NASDAQ: GOOG) Android mobile OS. The new software will allow experts to break into Android-powered phones to steal personal information from people who…
Updated throughout the day. Facebook may postpone its IPO until 2012 (Reuters) American International Group (NYSE: AIG) will add Citigroup (NYSE: C) as another underwriter of its AIA IPO. (Reuters) China hedge fund manager…
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…
Projections that go out 15 years may not mean much. That is when China may pass the US in total GDP according to forecasts by The World Bank and other analysts. What is true,…
US unemployment may be close to 10% and the President’s midterm budget review may say that the jobless rate will be above 9% until 2012. Many economists believe the figures are not sustainable if…
The IMF lauded the efforts of the U.S. government to reverse a move of the economy toward depression with stimulus spending and rapid changes in Fed policy. The risks to future slowing are not…
Moody’s and S&P have had a habit of downgrading sovereign paper in nations such as Greece, Spain, and Portugal long after it was clear to the capital markets that their prospects to pay their…
Microsoft (NASDAQ: MSFT) has been pretty good at protecting a lead. Its Windows 7 franchise has kept it well ahead of any other PC operating system and produced record sales after the disappointing launch…
Reuters: Second quarter growth slowed on imports and lower consumer spending. Reuters: Republicans blocked a small business plan. Reuters: The House will take up legislation on offshore drilling. Reuters: Citigroup (NYSE: C) paid $75…
For the 2nd quarter 2010, the nine largest airlines collectively reported $1.86 billion in net profits on $31.7 billion in revenues (net profits exclude $713 million for special items). The Q2 revenue was the…
One of three respondents in a recent survey said they would spend less on consumer goods over the next 90 days than they said they would in June. The drop was 6 percentage points…
On a regular basis, the Consumer Federation of America, in cooperation with the National Association of Consumer Agency Administrators and the North American Consumer Protection Investigators, publish a report on the state of consumer…
Updated throughout the day. Reuters: BP plc (NYSE: BP) plans to sell its assets in Venezuela. (Reuters) Monitronics is on the block represented by Moelis & Company. Douglas A. McIntyre
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…
Many financial experts and analysts believe that the national debt and high deficits will mean that the federal government will have to make tremendous cuts in spending before the end of the decade. Former…
Those who worked to refute the huge IPCC 2007 study on global warming were wrong, perhaps. They had accused scientists of hyping their data, claims which have only recently been refuted. However, questions about…
RealtyTrac, a leading real estate research firm, reports that foreclosures in 75% of metro areas rose in the first half, another sign that the housing market never recovered from the tough it hit 18…
The June audience of ESPN.com soared to 30.6 million unique visitors as people checked out the World Cup online, according to research firm comScore. That moved it ahead of well-known sites including Time Warner…
Reuters: The Fed Beige Book says some regions see economic slowing. Reuters: The China People’s Daily ran an editorial which encourages the US to take account of China’s rising power. Reuters: Amazon.com (NASDAQ: AMZN)…
Back in 2008, when gasoline pump prices were on a steady march to $4/gallon, the Prius hybrid electric car from Toyota Motors (NYSE: TM) was selling like hotcakes in the US. Toyota announced that…