courtesy of American AirlinesAirline demand not only rebounded out of the recession — it skyrocketed to new records. If international travel is any reasonably measure of the global economy on both business-travel and personal-travel…
Thinkstock Update: According to several media reports, most of the tainted meat went through distribution centers in California, Texas, Illinois and Florida Meat recalls are not terribly unusual, but the most recent posted by…
courtesy of Apple Inc.Pressure from Carl Icahn, the activist investor who has taken a stake in Apple (NASDAQ: AAPL) and demanded the company return tens of billions of dollars to shareholders, has not worked.…
courtesy of TwitterThe XXII Olympic Winter Games held in Sochi, Russia, belong to NBC, at least from the standpoint of traditional media coverage. Comcast Corp.’s (NASDAQ: CMCSA) NBCUniveral unit paid $4.38 billion for the…
General Motors Co.Car companies that offer huge discounts on models early in the year have a problem. They have to decide on ways to get slow-selling vehicles off the lots. The Chevy Silverado, General Motors’…
Based on past sales, and auto sales statistics, the Ford F-150 will be the most popular vehicle in the United States as measured by unit sales. It has held that top spot for almost…
ThinkstockFor decades, economists have counted 5% unemployment as the sign of a healthy and fully recovered economy. The U.S. jobless rate remains so far from that number, one could fairly ask if it can…
ThinkstockMost of the major mega cap biotechnology companies have reported earnings and the results almost across the board have been very good. The problem for many investors is many of the top names have…
courtesy of DellIn a move that really comes as no surprise to anybody, Sony Corporation (NYSE: SNE) is bidding a not-so-fond farewell to their money losing Personal Computer (PC) business. Despite reporting outstanding numbers…
Struggling with growth globally, McDonald's will open a restaurant in Vietnam, one of the developing world's fastest growing economies. It needs success outside its traditional strongholds if it hopes to improve its global performance.
When it comes to taxes and investments, we have all heard the old saying: "It's not what you make, it's what you keep." 24/7 Wall St. has compiled a list of seven tax-free or…
Discussions about breaking Microsoft into two companies have gone on for years. As Satya Nadella moves into the role as the giant software company's third chief executive officer, the issue can begin to be…
The disintegration of one of the world's great consumer electronics companies continued as Sony sold one of its core operations and fired 5,000 people. The Japanese company will turn its attention to smartphones.
ThinkstockA drought that has started to plague some portions of central California seems likely to grow, and it may be close to permanent. The sources of the state’s water have become scarce enough that…
One thing that is clear from the recent J.C. Penney announcement about holiday sales is that the sinking retailer has far too many stores. A restructuring is almost certainly in the offing for J.C.…
By World Economic Forum (Flickr) CC-BY-2.0, via Wikimedia CommonsAfter one of the most anticipated CEO hunts in American corporate history, Microsoft Corp. (NASDAQ: MSFT) has selected only the third person ever to sit in…
A 1,000-point drop in the Dow Jones Industrial Average may appear like a great deal, but based on historical standards, it is not much. That would be only 6.5%. The outside forces that move…
Toyota has become by far the most profitable car company in the world. The Japanese company said its numbers were helped by the value of the yen, and it produced 10 million cars in…
With decades-old restrictions removed, Southwest Airlines now can fly to all 50 states. It is free to challenge the huge, merger-created U.S. carriers such as United Continental, Delta Air Lines and American Airlines.
ThinkstockThe score may have been lopsided enough that people switched away from the Super Bowl at half-time. That did not keep viewership of the game from setting an all time record for TV audience…