When the Administration fought to get a $787 billion stimulus package from Congress early last year, it committed itself to using the money to create or save 3.5 million American jobs. The White House…
Short sellers sharply increased their bets against two of America’s most widely followed stocks. Shares sold short in Citigroup (NYSE:C) rose 36% to 381 million. The short interest in Apple (NASDAQ:AAPL) | AAPL Price…
Reuters: Google (NASDAQ:GOOG) may leave China due to attempts to hack into its service there. Reuters: Oil dropped below $80 on US inventory news. Reuters: China markets fear tighter money policies from the government…
Markets in Asia fell sharply. The Nikkei dropped 1.3% to 10,735. Toyota (NYSE:TM) fell. The Hang Seng was off 2.6% to 21,749. The Shanghai Composite fell 3.1% to 3,173. At the open in Europe,…
Linear Technology Corp. (NASDAQ: LLTC) is actually the first of the real semiconductor sector stocks to report earnings this January for the quarter-end of December 2009. The maker of linear integrated circuits reported earnings…
John Thain, former co-president of Goldman Sachs (NYSE:GS) and CEO of The New York Stock Exchange and Merrill Lynch, who was virtually shamed into retirement after Merrill was bought by Bank of America (NYSE:BAC), may become…
Google (NASDAQ:GOOG) made a threat to China which does not have a precedent in the actions of any other US company. It threatened to pull its business from China due to potential cyber attacks on…
Cablevision Systems Corporation (NYSE: CVC) has approved the spin off of Madison Square Garden to Cablevision shareholders. Madison Square Garden is the home venue of the New York Knicks and Rangers, but is also…
Cadbury plc (NYSE: CBY) may have just found out that it might need to be a bit more receptive to Kraft Foods Inc. (NYSE: KFT) in the buyout process, if it even wants to…
Job openings hit new lows in November, down to 2.415 million from 2.571 million in October and 3.311 million in November 2008, according to the BLS. There were 6.35 unemployed people for every open…
The notion that an integrated oil giant is issuing an earnings warning with oil above $80.00 per barrel may seem ludicrous to most on the Street. Yet that is exactly what is happening at…
Updated throughout the day. Bank of America (NYSE:BAC) is in talks with Cuomo to settle legal issues involved with its buyout of Merrill Lynch (NYTimes) The Federal Reserve made $45 billion in 2009. (Washington Post)…
These are this Tuesday’s top analyst downgrades and cautious research calls we have seen from Wall Street analyst reports: AFLAC (NYSE: AFL) Raised to Equal-Weight at Barclays. American Express (NYSE: AXP) Raised to Buy…
These are this Tuesday’s top analyst downgrades and cautious research calls we have seen from Wall Street analyst reports: Abercrombie & Fitch (NYSE: ANF) Started as Market Perform at Wells Fargo. American Eagle Outfitters…
By Paul Ausick of 24/7 Wall St. Unusually cold weather in many parts of the globe is threatening industrial production, crops and home heating. Demand for heating oil has contributed to a jump in…
By John Tamny of Forbes “Nature recks nothing of intentions, good or bad; the one thing she will not tolerate is disorder, and she is very particular about getting her full pay for any…
Yahoo! (NASDAQ:YHOO), Google (NASDAQ:GOOG), and Microsoft (NASDAQ:MSFT) may want to take note. China’s largest search engine, Baidu (NASDAQ:BIDU), was taken down by hackers and several reports say users were pointed to an “Iranian Cyber Army” web…
There is nothing new about the medical opinion that people who get little exercise are more likely to face health problems and even higher mortality than individuals who exercise frequently. It is also widely known…
Microsoft (NASDAQ:MSFT) and Intel (NASDAQ:INTC) have created technology that will allow signs in stores to detect a customer’s gender and which products a shopper looks at. According to The Wall Street Journal, the two tech…
The prices of most PCs have been down over the last three years as consumers looked for bargains and the market became crowded with machines from China and Taiwan. The drop in what consumers…