IBM Investors Should Beg CEO Ginni Rometty to Leave
Ginni Rometty, has been at the helm of IBM since the start of 2012. Over that period, IBM has been nearly ruined, and without a new CEO, that will not change.
Ginni Rometty, has been at the helm of IBM since the start of 2012. Over that period, IBM has been nearly ruined, and without a new CEO, that will not change.
China's ownership of U.S. Treasuries falls to the lowest level in over a year, Uber could be valued at $120 billion in an IPO, and other important business headlines.
China is mobbed with cars and light trucks from every major car company in the world and from car companies based in China. How is one new car going to change Ford's fortunes there?
There is an old saying in business: "You cannot cut your way to profitability." The recent plan for Sears to survive is based on just that.
It is plain that the only thing that can start to begin to push the deficit down is an economy so strong that it causes a surge in federal government receipts. The argument has…
Microsoft co-founder Paul Allen dies, Sears has a plan to exit bankruptcy, Ford releases a new car in China, and other important business headlines.
The future may be grim for Sears, but that does not mean the brand is dead. There is precedent for selling the Sears name.
Among the effects of the alleged murder of Jamal Khashoggi by the Saudi Arabian government is the damage it will do to an IPO planned for Saudi Aramco.
Saudi Arabia's stock market craters, Sears files for Chapter 11 bankruptcy, two major defense companies may merge, and other important business headlines.
All sorts of odd houses are among the most searched properties each week. At the top of the list this past week is a castle in Denmark Township, MN with an asking price of…
Ford sales fell 43% in China in September, a blow to the already reeling company and a threat to the tenure of its embattled CEO James Patrick "Jim" Hackett.
When old-line retailers begin to crumble and then go under, the major culprit for causing the demise is usually identified as Amazon.com. For Sears, that is only moderately true.
As people read about the chance that Sears Holdings Corp (NASDAQ: SHLD) will close all its stores, the story about the individual locations and people who work in them gets lost. One example is…
A Sears liquidation would cost as many as 130,000 jobs, which is about what the U.S. economy added in September.
The world's supply and demand of crude have reached record levels, accord to the IEA. But the new records do not come without some cost.
The IMF warns that trade tensions, particularly with the United States, could tamp down China's gross domestic product.
World oil production hits a record level, Facebook shuts off a number of accounts, and other important business headlines.
Macy's will open on Thanksgiving this year. That will give it a head start over some other retailers. But will it be enough to matter?
Starbucks has a new benefit for employees: child and adult care support. And the prices to Starbucks employees will be very low.
AT&T is very late to the video-streaming market, and one has to wonder how it will edge out its much larger competitors.