ThinkstockGoldman Sach’s (NYSE: GS) huge effort to rehabilitate its reputation has worked, according to its CEO Lloyd Blankfein (Reuters) China’s National Energy Administration (NEA) may try to improve the quality of coal used in…
ThinkstockToday, Germany confirmed that its first-quarter gross domestic product (GDP) rose by a mere 0.1%. There was some excitement that the largest economy in Europe had dodged a recession, which is something its neighbors…
ThinkstockSeveral large retailers accuse MasterCard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) of setting unfair fees that damage the retailers’ sales prospects and margins while enriching the credit card companies. Bloomberg reports on…
courtesy of Google Inc.Just as Google Inc.’s (NASDAQ: GOOG) battle with European Union regulators has died down, the United States may bring antitrust charges against the company. According to Reuters: U.S. regulators are in…
ThinkstockEarnings from Sears Holdings Corp. (NASDAQ: SHLD) were so awful that Wall Street pushed its stock price down close to 10%. The question is whether the company can overcome the lack of attraction created…
Courtesy The Procter & Gamble Co.Old Procter & Gamble Co. (NYSE: PG) chief executive A.G. Lafley will rejoin the company he used to run and replace CEO Bob McDonald. For Lafley to turn P&G around,…
Courtesy Research in Motion Ltd.AT&T Inc. (NYSE: T) has come up with a brilliant way to increase revenue in its wireless unit. Its explanation of the new fees is almost too complicated to understand.…
ThinkstockGermany Misses Recession Germany confirmed that its first-quarter gross domestic product rose only 0.1%. There was some excitement that the largest economy in Europe had dodged a recession, something its neighbors cannot claim. But…
MicrosoftProcter & Gamble Co. (NYSE: PG) fires CEO Bob McDonald and brings back A. G. Lafley. (Reuters) Google Inc. (NASDAQ: GOOG) may face antitrust investigations by the U.S. government. (Reuters) Carl Icahn may raise $7…
ThinkstockThe news about Hewlett-Packard Co.’s (NYSE: HPQ) earnings may have been better than expected, but they cannot compare nearly to PC maker rival Lenovo. For some reason it has managed to dodge much of…
courtesy Boeing Co.Consumer Reports released its new ratings of the best and worst airlines. Virgin America was at the top of the list. Spirit Airlines Inc. (NASDAQ: SAVE) was at the bottom. Southwest Airlines…
courtesy of SamsungThe Samsung Galaxy S4, often considered the only real rival to the Apple Inc. (NASDAQ: AAPL) iPhone 5, may be posting sales that are even more impressive that the iPhone’s. The South…
ThinkstockLenovo Earnings The news about Hewlett-Packard Co.’s (NYSE: HPQ) earnings may have been better than expected, but they cannot compare nearly to PC maker rival Lenovo. For some reason it has managed to dodge…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) may have mislead the press and investors about repaying government loans when it claimed that: t has paid off the entire loan awarded to the company…
ThinkstockManufacturing in China contracted this month, according to the HSBC Purchasing Managers’ Index (PMI), a preliminary reading of manufacturing activity. The figure came in at 49.6. Any number below 50 means activity is shrinking.…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) did the right thing in Australia, at least financially. It will stop building cars there. Its business in the country cannot work financially, the company says.…
ThinkstockThe American dream of retiring at 65 and keeping a standard of living similar to pre-retirement days has ended for many, if not most, aging citizens. If these people cannot fulfill their dreams, it…
courtesy of AOL, IncHewlett-Packard Co. (NYSE: HPQ) raises its financial forecast and shares soar. (Reuters) The European Union may allow Greece more time to reach its budget targets. (Reuters) After a number of attacks…
ThinkstockPerhaps China’s economy has started to move toward recession. New purchasing managers index data certainly shows the its manufacturing data has signaled a contraction. The cause may be the collapse of Europe, or perhaps…
ThinkstockThe Nikkei dropped a remarkable 7.3% after weeks of record-setting days. Two days ago the Bank of Japan said the Japanese economy was “picking up.” Now, suddenly there will be grave doubts about the…