ThinkstockJamie Dimon picks many of the current directors of the J.P. Morgan Chase & Co. (NYSE: JPM) board. (Reuters) Google Inc. (NASDAQ: GOOG) releases a streaming music service. (Reuters) JANA Partners take large stakes…
ThinkstockThe demand for gold jewelry, bars and coins rose sharply in the first quarter of 2013. However, overall demand was dented as investors fled ETFs, probably on concerns of a sharp drop in price,…
Courtesy EADS/AirbusJ.D. Power & Associates 2013 released its North America Airline Satisfaction Study. U.S. Airways Group Inc. (NYSE: LCC) was at the bottom of the list. United, of United Continental Holdings Inc. (NYSE: UAL)…
courtesy of Apple Inc.By Isaac Shapiro, Economic Policy Institute Apple’s (NASDAQ: AAPL) exceptionally large cash reserve led it to recently announce that it would expand the amount of funds to be returned to its…
ThinkstockOne of the ironies of the current economic situation is that slow economies around the world have pushed the price of oil lower, and consequently with it, the future price of gasoline. The bad…
ThinkstockLosses among U.S. airlines improved in the fourth quarter. That news mostly got buried because of astonishingly high baggage fees. But the focus on those fees misses the main point. Due to mergers and…
ThinkstockThe brutal drive toward operating efficiency that many large companies adopted during the recession continues, despite what most economists call a recovery. Cost cuts are not any more evident than at banks, which for…
ThinkstockThe German Federal Statistics Bureau (Destatis) reported that the country’s gross domestic product (GDP) barely grew in the first quarter. If the balance of the world’s developed economies is any use as a bellwether,…
ThinkstockThe U.S. budget deficit as forecast by the Congressional Budget Office (CBO) may drop to $643 billion in fiscal 2013, which would be a substantial improvement from earlier predictions. However, a more impressive turnaround…
courtesy of MicrosoftIt is very easy to say that problems with Microsoft Corp.’s (NASDAQ: MSFT) Windows 8 are the last straw for investors and the firm’s board as the future of CEO Steve Ballmer…
ThinkstockFalling Oil, Gas Prices One of the ironies of the current economic situation is that slow economies around the world have pushed the price of oil lower, and consequently with it, the future price…
courtesy of NetflixData show that economic activity in Germany slowed sharply in the first quarter while France fell into recession. (Reuters) Boeing Co. (NYSE: BA) starts to deliver the 787 Dreamliner again. (Reuters) Amazon.com…
ThinkstockEurostat, the statistics arm of the European Commission, reported that, in the first quarter, the recession in Europe worsened, and there are absolutely no reason to think the situation will improve. Eurostat reported on…
courtesy of Sony Corp.Someone has finally called for Sony Corp. (NYSE: SNE) to rid itself of the one division it owns that has no relationship to consumer electronics. The company’s movie studio is a…
courtesy Boeing Co.Boeing Co.’s (NYSE: BA) recovery continues from the battery fire debacle that involved its 787 Dreamliner. Several airlines that fly the plane have put it back into service now that it appears…
ThinkstockThe European Union wants to know more about energy consumption, particularly as its affects individuals who live within the region. Energy costs have risen relentlessly for most of the past several years, so these…
ThinkstockA Call for a Sony Breakup Someone has finally called for Sony Corp. (NYSE: SNE) to rid itself of the one division it owns that has no relationship to consumer electronics. The company’s movie…
courtesy of SamsungFirst-quarter cellphone sales may have been good for Samsung and Apple Inc. (NASDAQ: AAPL), but the numbers were brutal for their smaller competitors. As a matter of fact, most of the industry…
ThinkstockThe world’s reliance on oil supply from OPEC and other large producing nations from Russia to several in Africa will end soon, as they are supplemented by U.S. output. That, in turn, means oil…
ThinkstockIf the citizens of many European countries could vote for whether the European Union should remain as the region’s central alliance, it might disappear. The data from Pew shows how much citizens of the…