courtesy of General MotorsWhatever affect the millions of recalls General Motors Co. (NYSE: GM) has announced will have on sales, it will not be felt until the second quarter. During the first quarter, GM posted…
courtesy of YouTubeIn a world in which internet companies have stated that video rental and video advertising models are critical their futures, there is Google Inc.’s (NASDAQ: GOOG) YouTube and then there is everyone…
Wikimedia CommonsLinkedIn Corp. (NYSE: LNKD) said Friday its global subscriber base passed 300 million. That is less than a third of Facebook’s (NASDAQ: FB). However, many investors believe that LinkedIn’s professional members are worth more…
courtesy of General MotorsThe nation’s second-best selling vehicle is on sale for an extraordinary $8,162 below its sticker price. The discount shows just how desperate General Motors Co. (NYSE: GM) has become in competition…
ThinkstockUpdate: The carefully followed Lundberg Survey announced Monday that the average price of a gallon of regular gasoline reached a 13 month high of $3.5918. That number is up 8.5 cents in the last…
Wikimedia CommonsEvery time the M&A market heats up, the number of preposterous ideas for business combinations rises. The market is once again afloat with cheap capital and a number of tech companies hold more…
In a city where the government recently decided to sell homes for as little as $1,000, there is only a single house for sale for more than $1 million. Its address is 97 Winder…
ThinkstockThe Congressional Budget Office released a report that claims that an increase in the national minimum wage to $10.10 will cost American businesses $15 billion in 2017. The debate about the cost will pit…
ThinkstockIn another sign that the housing crisis has ended and that home sales and home prices have recovered, people view real estate as the best long-term investment they can have. According to a new…
Sony, desperate for any success to help turn around its faltering prospects, announced some good news: sales of its PlayStation 4 have topped 7 million. It reached the milestone on April 6.
Whatever recall and sales growth problems General Motors may have in the United States, its money-losing European operations have finally started to turn around.
ThinkstockIn what has become almost a daily pattern, gasoline prices have risen again, reaching $3.653 as the average price for a gallon of regular nationwide. The comparable price for premium reached $3.993. In several…
Tesla's engine fire problem is mostly behind it. This has allowed the car's impressive safety ratings to return as a primary sales appeal. But the super car company no longer boasts a super stock…
Ronald McDonald, a spokesman for McDonald's, has been mothballed. The company claims he still is a symbol for the company, but a farmer named Dirk is featured on the McDonald's website.
Wikimedia CommonsIn the midst of a period when the U.S. government is cutting expenses and looking for more revenue to close the budget gap and slow the ballooning of the national debt, more than…
ThinkstockDetroit has started to auction homes for as little as $1,000 each. Its Building Detroit website launched Monday with 15 homes and a series of rules buyers must follow once they take possession of…
ThinkstockRussia is the world’s seventh largest economy based on gross domestic product (GDP). The CIA World Factbook puts its GDP for 2013 at $2.55 trillion. An even modest contraction would push it out of…
courtesy of SubaruSubaru sales rose 21.2% in March to 44,479. And its share of U.S. car sales surged to 2.9%. However, the best measure of its sales superiority is how hard it is to…
ThinkstockThe working theory among auto industry experts is that recalls by several large manufacturers could hurt their sales and undermine their market shares. Another possibility is that buyer swill worry about the safety of…
bfishshadow via Wikimedia Commons It is not very long ago that the Nasdaq was below 3,000 — December 2012, in fact. More important, not very much has changed in terms of the general economy…