ThinkstockAlthough it is hard to believe, the United States may have started to make progress in talks with China over its shameless hacking of government and private Web properties. American investigators believe that they have…
thinkstockMost federal debt and deficit forecasts, whether from the White House Office of Management and Budget or the Congressional Budget Office, show America’s situation as greatly improved five or 10 years from now. Those…
ThinkstockAn analyst from a tiny research firm claimed that production of Apple Inc. (NASDAQ: AAPL) iPhones will decline 20% in the second half. The claim does not hold water. Even the largest research houses…
ThinkstockAs former Barnes & Noble Inc. (NYSE: BKS) CEO William Lynch took the fall for the failure of the company’s e-commerce business, the man who controls the company — Leonard Riggio — got to…
ThinkstockIt is a shame that the International Monetary Fund (IMF) can only suggest solutions to the European financial crisis and the devastation of jobs and economic recession that has come in its aftermath. Most…
ThinkstockThe chief executive officer of Barnes & Noble Inc. (NYSE: BKS) never really ran the company. The family that has control of the book firm did. But someone had to be the fall guy…
ThinkstockFor once, a huge company has changed CEOs on schedule, without scandal or the trigger of poor financial performance. Royal Dutch Shell PLC (NYSE: RDS-B) appointed its refining boss as the new chief, effective…
courtesy of StarbucksStarbucks Corp. (NASDAQ: SBUX) breaths high level food retail. The employees are well educated, well spoken and well mannered. The stores are clean, even down to the restrooms. However, there is one…
thinkstockTV represents the easiest way to get news, if the person seeking the news wants to expend as little effort as possible. Tapping the Internet or newspapers requires effort, and the desire to pick…
ThinkstockCorporate earnings are expected to be poor for the second quarter, perhaps the worst in three years, or the worst since the end of the recession. Each of these predictions has been made with…
ThinkstockGreece may have made some economic progress, but it has not made enough for its major financial supporters to claim it is worthy of more bailout money. That is the conclusion of a statement…
ThinkstockThe price that Softbank has agreed to pay for Sprint Nextel Corp. (NYSE: S) has killed its credit rating, which will make it more difficult to raise money. S&P cut its Softbank rating to…
ThinkstockBad news about the global economy and that of the world’s largest nations continues to rush out. Germany’s exports plunged 4.8% in May, compared to the same month last year, according to its Federal…
ThinkstockOne day after Christine Lagarde remarked that the International Monetary Fund may cut its global 2013 GDP forecast below its current 3.3%, Citigroup has cut its China forecast to 7.4%. The action likely is…
ThinkstockThe International Monetary Fund, and in particular chief Christine Lagarde, may cut its current forecast for 2013 GDP growth below its current estimate of 3.3%. She made comments about the possibility during a speech.…
courtesy of Nokia Corp.S&P has come to the conclusion that Nokia Corp. (NYSE: NOK) is barely viable, if it is viable at all. In a new ratings report, S&P largely blamed a deal to…
Ed Brown, via Wikimedia CommonsIn June, the nation added 195,000 jobs and the rate was 7.6%. The number may have been luck more than skill. Hospitality and leisure jobs rose 75,000. The start of…
Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality, professional and…
ThinkstockItaly is economic trouble, according the International Monetary Fund (IMF). That conclusion is obvious, as is the usual refrain that only a quickening of reforms can pull the nation out of its GDP contraction.…
ThinkstockWhat does it cost to live in America. That depends on where people live. There should be no surprise in that given variations in poverty levels, household income, education, and the price of real estate…