There have been rumors for several months that the Greek government might have to resort to selling the Acropolis to pay some of its staggering national debt. That was almost certainly never an option,…
There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest risers are in Geothermal Stocks, Brazil Stocks and ADRs and Chinese Travel Stocks. As the global economy pushes…
The average American clearly does not have a way to make constructive use of his time. Over the course of a month, he watches 100 videos on YouTube. At least that is the conclusion…
RealtyTrac reported recently that the foreclosure rate is still well above 300,000 a month and could hit a record this year. Housing starts and new home sales are close to their lowest levels in…
The National Hurricane Center and NOAA have updated the information on the storm that is moving into the Gulf: A TROPICAL WAVE OVER THE WESTERN CARIBBEAN SEA CONTINUES TO PRODUCE SHOWERS AND A FEW…
Updated throughout the day. GM may launch its IPO next month and set auto finance deals with several financial firms. (WSJ) Providence Equity Partners is in talks to buy Hasbro (NYSE: HAS). (WSJ). Walmart…
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…
Ahead of the G20 meeting in Toronto and on the heels of a series of austerity programs announced by countries throughout Europe, Germany has argued that its austerity program goes hand in hand with…
Toyota Motor (NYSE: TM) CEO Akia Toyoda spent most of the company’s annual meeting today trying to gain back shareholder trust and explain how the Japanese automaker will regain its footing. “I apologize deeply…
Odds are strong that Apple Inc. (NASDAQ: AAPL) will sell one million iPhones today. The smartphone will launch in the US and several large wireless markets including the UK, France, Germany, and Japan. Early…
There are more rumors that GM will have an IPO before the end of the year. The latest gossip is that the Treasury will sell 20% of its shares in the process, get taxpayers…
The housing market is in trouble, and perhaps enough trouble that it will be the one sector of the economy that will face a double-dip recession. The idea that housing is related to unemployment…
Reuters: BP plc (NYSE: BP) began to siphon oil again. Reuters: The Wall St. reform bill is almost done. Reuters: Venezuela will nationalize some oil rigs owned by a US company. Reuters: The Fed…
According to Google: Today, the court granted our motion for summary judgment in Viacom’s lawsuit with YouTube. This means that the court has decided that YouTube is protected by the safe harbor of the…
Several media outlets are reported another disaster at the Deepwater Horizon locations. MSNBC: Oil was again gushing uncontrollably from the BP spill site on Wednesday after the company was forced to remove the containment…
The chief executives of the nation’s most prosperous companies, members of The Business Round Table, said that they will begin hiring again. Put another way, 39% of them will add employees in the next…
The Census Bureau and the Department of Housing and Urban Development reported more data indicating a second housing collapse is underway. Sales of new single-family homes were a seasonably adjusted 300,000 in May, down…
By John Hudson Law school just isn’t what it used to be. According to The New York Times, law schools across the country are inflating students’ grades to increase their job prospects after graduation.…
Updated throughout the day. Video site Hulu is in talks to carry content from CBS Corp. (NYSE: CBS), Viacom Inc. (NYSE: VIA), and Time Warner Inc. (NYSE: TWX). Lloyd Blankfein of Goldman Sachs Group…
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…