ThinkstockThe reasons for the rate cuts by the central banks of India and Europe could not be more different, although each region faces economic problems. Each decision shows the weakness of rate cuts as…
courtesy of AOL, IncBoeing Co. (NYSE: BA) shows airlines plans for a 777 that would have the longest range of any plane in the world. (Reuters) A low-end version of the Nokia Corp. (NYSE:…
ThinkstockThe Markit Eurozone Manufacturing PMI report did not have a single good thing in it. Not only did the region’s activity contract, it also contracted in most of the eurozone’s largest nations by gross domestic…
courtesy of IBMChinese computer firm Lenovo will not buy the troubled server division of International Business Machines Corp. (NYSE: IBM). The unit is considered one of IBM’s worst performers. The U.S. firm would have…
courtesy of Ford Motor CompanySales of the Ford Motor Co. (NYSE: F) F-150 flagship pickup have surged so strongly that the U.S. car company will add workers to build more of them. Analysts have…
ThinkstockDisappointing Eurozone PMI The Markit Eurozone Manufacturing PMI report did not have a single good thing in it. Not only did the region’s activity contract, it also contracted in most of the eurozone’s largest nations…
courtesy of YouTubeThe Wall Street Journal reports that the management of Google Inc.’s (NASDAQ: GOOG) giant video site — YouTube — has started to promote its audience size. What management does not say is that YouTube…
courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) has decided to waste money on a television commercial that asks customers to “come back.” Why? “We heard you.” Put another way, J.C. Penney has…
courtesy of Facebook Inc.Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters) Glencore continues to push to buy Xstrata. (Reuters) Facebook Inc.’s (NASDAQ: FB) mobile business shoots up in…
courtesy of The Car Spy, via Wikimedia CommonsBMW posted impressive earnings, although by many measures they could be considered weak. The luxury car group has proved that even recession does not kill the appetite that…
ThinkstockThe Nielsen Global Survey of Consumer Confidence and Spending Intentions for the first quarter of 2013, shows that there is no unanimity in confidence among people around the world. People who are unhappy are unhappy…
via Wikimedia CommonsThe media has information about how much money Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer made last year, a sign of how difficult it is to report on compensation based on proxies.…
White House Photo by Pete SouzaApparently two things will dominate the upcoming Berkshire Hathaway Inc. (NYSE: BRK-A) annual meeting, where CEO Warren Buffett holds forth about his company, and almost anything else that is…
ThinkstockGlobal Consumer Confidence The Nielsen Global Survey of Consumer Confidence and Spending Intentions for the first quarter of 2013, shows that there is no unanimity in confidence among people around the world. People who are…
ThinkstockShale may be critical to the future of the jobs market and the overall U.S. economy. If these observations are true, the conclusions regarding them just got another boost. There is more shale in…
Technology executive Peter Thiel told the Milken Institute Global Conference that Twitter likely will outlive The New York Times. His theory is based on the wide use of Twitter and the fact that New York Times…
ThinkstockAre China’s PMI numbers inaccurate? Are other key economic numbers issued by the People’s Republic wrong because the government wants to promote the nation’s ongoing manufacturing growth? The questions get asked each time China issues important…
ThinkstockChina’s official purchasing managers’ index (PMI) falls to 50.6 in April from an 11-month high in March of 50.9. (Reuters) Sharp is expected to report a worse-than-anticipated loss. (Reuters) European Union regulations likely will prompt…
ThinkstockThe first-quarter results for Martha Stewart Living Omnimedia Inc. (NYSE: MSO) could not have been worse. The company desperately needs a new chief executive to take both the firm and Martha Stewart herself in…
ThinkstockUnemployment in the euro area grew again in March, supporting the obvious conclusion that a lack of stimulus, terribly high unemployment and the crippling of the financial and industrial sectors will keep pulling most…