Wikimedia CommonsGoogle Inc. (NASDAQ: GOOG) bought city guide app creator Jetpac and immediately announced it would withdraw its product from Apple’s (NASDAQ: AAPL) store. The battle between the two app stores continues to heat…
courtesy of NetflixYears before there was Apple Inc.’s (NASDAQ: AAPL) Apple TV or Netflix Inc. (NASDAQ: NFLX), there was Blockbuster, one of the largest retailers in America and the primary distribution channel for premium…
courtesy J.C. Penney Co. Inc.Barely mentioned in the J.C. Penney (NYSE: JCP) earnings report was the tiny amount of its online sales for the quarter. Same-store sales may have improved, but the e-commerce revenue…
courtesy of Amazon.comThe extent to which smartphones continue to replace desktop and laptop PCs and even threaten tablets was evident from second quarter 2014 sales figures. Worldwide smartphone sales passed 300 million for the…
Fiat ChryslerSales of Chrysler’s Dodge division have been stagnant and particularly poor compared to those of parent company Chrysler. Dodge sales have been depressed by sales of its cars, while van and SUV activity…
ThinkstockForeclosure activity in the United States rose by 2% in July, a move so small that it does not say much about the direction of the housing industry. The foreclosure situation remains dire in…
The German economy contracted .2% in the second quarter of 2014 according to the Federal Statistical Office (Destatis). The largest and most powerful by GDP, German’s numbers are considered a critical marker to the entire…
courtesy of Sony Corp.Sony Corp (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) have both had a series of challenges that have caused experts to question how bright their futures may be. Sony has gotten…
courtesy of ChryslerChrysler’s 2015 model 200 was named a 2014 Top Safety Pick Plus by the Insurance Institute for Highway Safety. The award may not help flagging sales of the model. Through July, sales of…
MicrosoftUnlike Ford’s Model T, the Microsoft Corporation (NASDAQ: MSFT) Xbox One now comes in a color other than black. Whether the new white version of the game console will help sales is a matter…
The Top 25 preseason college football polls are out, and once again the University of Alabama is near the top of the list. This season the Crimson Tide rank second, just behind Florida State…
ThinkstockChina says that a portion of the fugitives from the country lives in America. China Daily calls these very special kind of people “economic fugitives,” whatever that may be. Apparently, they are targets of…
The announcement: The ZEW Indicator of Economic Sentiment for Germany declines significantly in August 2014. The respective indicator has lost 18.5 points and now stands at 8.6 points (long-term average: 24.6 points). Decreasing for…
Consumer Reports, which had earlier given the Tesla ((NASDAQ: TSLA) Model S perfect marks, was highly critical of the model in a recent report about one of the Model S cars it has owned…
ThinkstockIt is hard to miss the recent advance in the stock markets. After a spike higher in 2013, the S&P 500 is up another 17% over the past year. However, many investors are unaware of…
ThinkstockGas prices have fallen so quickly that the average price for a gallon of regular is below $4 in every one of the Continental United States. This figure was barely imaginable several months ago,…
ThinkstockBuzzfeed, a company that has come to call itself a media operation instead of the social media distributor of clever lists, which it has been for several years, raised $50 million, according to primary…
Wikimedia Commons (Stuart Seeger)According to statistics from the U.S. Department of Transportation’s Air Travel Consumer Report, Southwest Airlines (NYSE: LUV) posted the worst record among major airlines for on-time arrivals in June at 66.8%. Hawaiian Airlines…
ThinkstockColorado collected $6.5 million in taxes and fees from marijuana in July, according to the Colorado Department of Revenue. The sum may not approach that of the fees many states collect for gambling, but could be enough…
Wikimedia CommonsThings have been quiet at J.C. Penney (NYSE: JCP), at least as far as Wall St. is concerned. However, a look at its stock prices shows that investors continue to shun the company,…