If Wall Street believed that Amazon.com had a surge in holiday sales, that optimism did not correlate with the stock price. Or it could have been that the high end of Amazon's fourth-quarter forecast…
The chance that smartphone sales would decrease after years in which the devices had taken the place of PCs among tens of millions of consumers worldwide was considered low. However, the process has already…
Intel announced it would lay off just over 5,000 people between now and the end of the year. The number is about 5% of its workforce. But Intel insists the action is not a…
New General Motors CEO Mary Barra will get a base salary of $1.6 million. She can make about three times that in total bonuses and other compensation, according to a filing with the SEC.…
The most important piece of information to come out of Intel's quarterly earnings release was a comment about signs of stabilization in the PC segment. The chip company has not made much progress in…
Nintendo announced forecast earnings for the current year. It will lose $336 million. Wii U sales predictions for the period where cut by about 70%.
Starbucks may have found a cheap way to test the popularity of one product against another, or sales of its VIA product line may be in trouble.
General Motors Co.The 24/7 Wall St. 2014 U.S. Car Industry Forecast The 2014 season is in full swing for the auto industry, with new products and lines unveiled, and now’s the time for the…
If General Motors and Ford need success in Europe to round out whatever strength they have in Asia and the United States, then each suffered a sharp setback last year.
ThinkstockForeclosure filings dropped back to 1.4 million on U.S. properties, the lowest level since 2007, which was before the Great Recession began. The figure was down 26% from 2012, and is another clear sign…
Amazon.com workers in Delaware turned down the opportunity to join the International Association of Machinists and Aerospace Workers by a margin of 21 to six. The win for Amazon was much, much larger than…
ThinkstockIf the general U.S. economy has improved over the past year, most Americans have not seen its benefits, at least based on their personal experiences, according to new data from Gallup. The news is…
While the developed economies of the world will stage improvements this year, and the growth of the developing world will accelerate sharply, the United States is the key to a strong global recovery in…
Ford topped the Polk Automotive Loyalty Awards for 2013 models. It is a testament to the strength of the turnaround started by CEO Alan Mulally as Ford struggled through the recession and into 2013.
In the wake of a breach of Target customer accounts that allowed hackers to steal data from at least 70 million people, the huge retailer has decided one of the most important things it…
Suntory, the Japanese brewer, spent $13.6 billion to buy Beam, the maker of Jim Beam. In doing so, Suntory has moved further into a business that is as likely to be successful forever as…
Most of the nation's largest retailers have announced the results of holiday sales. Among the retailers that have not said a thing about how well they did in the past two months is Amazon.com.
Long-term unemployment has become a deeper and deeper problem in the United States. Just as large a problem, if not larger, is the number of Americans who live with parents who have been unemployed…
The tech media are awash with rumors that Microsoft will release Windows 9 in early 2015. That is good, as Windows 8 has been a failure.
Some 300,000 West Virginia residents are unable to drink local water because of a recent chemical spill. The state is so poor, and its government so strained by efforts to dig people out of…