ThinkstockAlthough it is the frontrunner to buy out of Sprint Nextel Corp. (NYSE: S), Softbank could lose out. Its chief executive officer, Masayoshi Son, claims his offer is superior to one made by Dish…
courtesy Boeing Co.CEO Jim McNerney said to attendees at Boeing’s (NYSE: BA) annual meeting that “The original promise of the 787 is fully intact.” His comments were premature. Japan’s two largest carriers said that…
ThinkstockEuropean Unemployment Unemployment 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…
courtesy of SamsungThe Apple Inc. (NASDAQ: AAPL) iPhone may have had problems with its antenna and its map software, but it is rare that anyone claims it is not a sturdy piece of hardware.…
ThinkstockNow that shale has become a major source of energy, economists have started to argue the extent to which it can boost the U.S. economy. If North Dakota, one of the world’s centers for…
ThinkstockGermany’s jobless rate rose by a very modest amount in April, but the story is that it rose at all. Germany has started to teeter close to recession, as its regional neighbors have fallen…
courtesy of AOL, IncSoftbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters) Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in…
ThinkstockIn another blow to the recovery of the European economy, consumer confidence across the region fell in April. The reading was the lowest since December and is another marker that whatever brief recovery there…
ThinkstockIn another sign that the nonexistent turnaround at Avon Products Inc. (NYSE: AVP) may be in even more trouble, its non-executive chairman, in office for only a few months, is leaving — without explanation.…
ThinkstockEarnings may be up as U.S. public companies report their quarterly results. Revenues, however, are not. This may be a sign of trouble ahead, perhaps driven largely by a slowing in exports to Europe.…
Courtesy Volkswagen AGMost large global car companies still believe that China will not only remain the world’s largest car market, but also will be one of the fastest growing. But growth there has been unimpressive…
ThinkstockIf the recession is over globally, many people have not seen the benefits. The result is that, for tens of millions of people, the recession has not ended, as far as they see it.…
ThinkstockIf European Union finance ministers and the International Monetary Fund (IMF) have turned away from austerity as a means to help the region’s economy, the action has not affected Greece, where the government has…
ThinkstockConsumer Confidence in Europe In another blow to the recovery of the European economy, consumer confidence across the region fell in April. The reading was the lowest since December and is another marker that…
courtesy of NetflixThe form of taxation that is applied to a Verizon Communications Inc. (NYSE: VZ) buyout of the 45% of Verizon Wireless that Vodafone Group PLC (NASDAQ: VOD) owns may decide the deal.…
ThinkstockChairman and Chief Executive Officer Zuckerber of Facebook Inc. (NASDAQ: FB) may not care about what his base pay is. His stock holdings in the social network are enough to make him a billionaire…
ThinkstockElectronic Arts Inc. (NASDAQ: EA), which recently dumped its chief executive officer, has decided to cut a large number of workers as well. EA has been unable to make the transition from a company…
ThinkstockGasoline prices continue to tick down, and more experts have commented that this should help improve mediocre gross domestic product (GDP) growth in the United States. CNN Money offered a story that said this…
Courtesy of Boeing Co.The U.S. Senate has passed a bill to end the furloughs of air traffic controllers. This should halt a long series of flight delays that have threatened to gridlock the ability…
Wikimedia CommonsWall St. was mildly upset that Amazon.com Inc. (NASDAQ: AMZN) did not make more money than hoped for in the first quarter of the year. Add that to slowing sales, and the worry…