ThinkstockThe general manager of the Bank for International Settlements, Jaime Caruana, warned that central banks have gone too far in terms of making easy credit available to their economies. What once was part of…
courtesy of Facebook Inc.People who believe that the news is sacred and that readers should decide which news is important and which is not will be hit by another new media tool to dash…
ThinkstockGermany’s very, very modest economic improvement continued. However, the pace is slow enough that continued problems among other European Union nations could still drag it under. And those problems do continue, based on recent…
courtesy Boeing Co.The 787 Dreamliner program gave Boeing Co. (NYSE: BA) another black eye. One of the planes, operated by United Continental Holdings Inc. (NYSE: UAL) was forced to land because of a brake…
ThinkstockWorry about a slowing economy and a future lack of credit in the market caused the Shanghai Composite to be crushed — down 5.3%. Related worries, which also concerned those about the possible end…
ThinkstockThe board of Men’s Warehouse Inc. (NYSE: WM) is made up of people who should not be on any public board. The irony is that all were added on the watch of fired chairman…
ThinkstockAnxiety about whether people can get good jobs remains particularly high, despite the so-called end of the recession in many parts of the world. It should be expected that the data from Europe would…
ThinkstockFor Americans who have nothing to do once their workdays end, watching television fills in many of the hours. Perhaps people have more time on their hands as many do not have to commute.…
ThinkstockSome of the parties that form the coalition that rules Greece have pulled out of the alliance. It appears another European government could fall over the question of austerity, or at the very least…
ThinkstockIn a sign of a loss of confidence in the balance sheets of some of the European Union’s largest banks, interbank lending has fallen among large financial firms. The falloff of this practice was…
Courtesy Chrysler Group LLCFiat took control of Chrysler to get a major presence and sales in the U.S. market. It also hoped the deal would give it a beachhead for its primary brand. That…
courtesy of Nokia Corp.According to several news reports, Microsoft Corp. (NASDAQ: MSFT) made it into advanced discussions to buy troubled handset company Nokia Corp. (NYSE: NOK). Talks with other handset, personal computer and consumer…
ThinkstockMarkit issued its PMI data for China in June. The numbers were awful, and another indication that the economy in the People’s Republic is in great trouble. Modest stimulus packages and other actions by…
ThinkstockMarkit issues its flash PMI for Germany and several other nations: Marginal growth in output was recorded in the German private sector during June, but latest PMI data pointed to declining new orders and…
Flickr - Marshall AstorMobile, Ala., has started a charm offensive to convince outsiders that it is somehow a better city than statistics show, at least based on crime and other demographic measures. It is…
ThinkstockBig companies often invest in research and development to promote growth and profitability. Yet this expense can sometimes be a waste. For every Intel or Merck, which invests wisely, there is an AMD or…
ThinkstockThere was tremendous excitement among members of Congress and then the general public when the Congressional Budget Office (CBO) released data that showed that “enacting S. 744 would generate changes in direct spending and…
Courtesy Chrysler Group LLCAs recalls go, the one set by Chrysler Group was a large one. However, the car company would have inspected all the cars and light trucks in question anyway. The publicity around…
Courtesy of Tesla MotorsIf Tesla Motors Inc. (NASDAQ: TSLA) is supposed to make such a superior car, according to the press and the company’s PR, why does it have to recall some of its…
courtesy of Google Inc.Google Inc.’s (NASDAQ: GOOG) AdSense, which has made tens of billions of dollars for online sites, large and small, celebrated its 10th birthday. The ad system allows publishers to easily run…