Reuters: Peabody Energy made a bid for Australia’s Macarthur Coal. Reuters: Some Yahoo! (YHOO )email accounts were hacked in China and Taiwan. Reuters: Japan export orders hit a six-year high.
Ireland decided to create the national “bad bank” after the credit crisis, a move the US government considered but rejected. The fate of that decision has come to haunt the small nation, but the…
Google (GOOG) and perhaps China cannot figure out whether the search company’s results which are displayed on the mainland are being blocked by the government or due to defects with Google’s servers. One of…
Dell has been losing ground in the PC market to arch-rival HP (HPQ). Asian manufacturers, especially Lenovo and Acer, are also picking up market share from the Texas-based company and Apple (AAPL) has had…
It is amazing that Boeing CEO W. James McNerney Jr. can keep his job. After years of problems of the assembly, testing, and commercial launch of the company’s flagship 787 Dreamliner, the project has…
The debate about the floating exchange rate of the yuan is becoming as intense inside China as it is in the US. Two economists brought on to advise the central bank in the People’s Republic…
Greece did not have to pay the 21.5% annual interest rate that most Walmart (WMT) credit cards holders do. But, it was close. The southern European nation, which some economists would argue is near…
Apple (AAPL) has finally perfected its ability to be on the front page of the news every day. Not long after it announced better-than-expected earnings for its last quarter, Steve Jobs demonstrated the company’s new…
The SEC Corporate Financial Division sent letters to the CFOs of twenty financial firms today reqiesting extremely detailed information about their use of Repo 105 instruments. Bankruptcy examiner Anton Valukas recently wrote as part of a 2,200-page…
A bad day for Las Vegas Sands From Reuters. Douglas A. McIntyre
Updated throughout the day. Morgan Stanley (MS) will underwrite the sale of the government’s piece of Citigroup (C) (CNBC) JP Morgan’s (JPM) One Equity Partners unit will take CKS private. (WSJ). The head of…
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
By John Tamny of Forbes Curbs on immigrants seeking work anywhere are tariff-like for propping up the least efficient practices at the expense of more productive endeavors. Better to let markets control inflows of human and…
S&P and other credit rating agencies haven’t had anything positive to say about sovereign debt recently no matter what country they analyze. The latest is that S&P said that its outlook on the UK’s “AAA” rating…
Walmart.com typically falls into the top 20 most visited sites in the US as measured by Comscore, just behind online e-commerce giant Amazon.com (AMZN). Walmart has launched initiatives to increase its traffic including cut-rate prices on…
The Wall Street Journal reports that millions of acres of prime American farmland will be destroyed this year by a plague of grasshoppers. The paper reports that “grasshoppers will likely hatch in bigger numbers…
The demand for the Apple (AAPL) iPad may be like the iPhone and iPod. iPod sales are now approaching 300 million worldwide, although it is not clear how many of those units are replacements…
These are 24/7 Wall St.’s Corporate Power Rankings for Week 12.
The consensus estimates for the March jobs report is that non-farm payrolls improved by 160,000 which would decrease the unemployment rate a one-tenth of a percent or two-tenths. That would be in contrast to…
There has been an ongoing debate between Felix Salmon, a blogger for Reuters, and Henry Blodget of Business Insider, about the quality of the content of BI and the rules about linking to outside…