ThinkstockJust when it seemed that the economic data from the European Union could not get worse, new service sector purchasing managers index (PMI) information from Markit shows that the collapse in most countries in the…
ThinkstockPeople who live in nations where most residents were thin, at least as measured against the tremendous number of obese Americans, are getting fatter. Bloomberg blames this, in part, on the number of fast…
Ed Brown, via Wikimedia CommonsTwo constants dominate most discussions of how a multiyear recovery from terrible unemployment would need to progress. The first is that an historically large number of people who are currently out of jobs…
ThinkstockThe government can work to improve the economy or it might spend money to improve the environment. Probably, the money for both will not be found. As deficits drop — part of Washington’s effort to improve the…
courtesy Best Buy Co. Inc.Best Buy Co. Inc. (NYSE: BBY) has found a smart way to use space at its deeply troubled retail outlets, which have been emptied of consumers, in large part, because these consumers can…
ThinkstockEuropean Recession Worsens Just when it seemed that the economic data from the European Union could not get worse, new service sector purchasing managers index (PMI) information from Markit shows that the collapse in most…
courtesy of AOL, IncThe Bank of Japan will increase government bond buying in an effort to end deflation. (Reuters) Delta Air Lines Inc. (NYSE: DAL) sues the Export-Import Bank over support it gives to…
courtesy of Kia MediaAfter the mileage debacle Hyundai and Kia faced when they misstated, to their advantage, MPG on a number of their cars, the companies have been hit by another disaster. According to…
ThinkstockCyprus and its bailout got a new fan. The International Monetary Fund will contribute one billion euros to the cause. The action may not be much of a risk short term, and Cyprus has…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) was the subject of another round of rumors. This set was led by The Wall Street Journal, which claims its sources say manufacture of the next version…
ThinkstockBP PLC (NYSE: BP) must like shale, gas and oil exploration and production better than new age energy sources. It wants to dump its wind operations in the United States. According to Reuters: BP…
ThinkstockCyprus Gets Bailout Funds Cyprus and its bailout got a new fan. The International Monetary Fund will contribute one billion euros to the cause. The action may not be much of a risk short…
courtesy of Facebook Inc.The Securities and Exchange Commission (SEC) released a confusing set of guidelines that say companies may disclose important announcements over social media, including Twitter and Facebook Inc. (NASDAQ: FB). The public…
courtesy U.S. State DepartmentThe Obama administration has drawn closer to a decision about the construction of the Keystone XL pipeline, which will carry oil from Canada to refiners in Texas. For politicians, public opinion…
ThinkstockVacation home sales took off last year. This could either be a sign of a new housing bubble, or just a show of confidence that the economy has improved, people have less debt and…
ThinkstockThe Chinese services PMI rises to 55.6 in March — a recent high — from 54.5 in February. (Reuters) The Securities and Exchange Commission says public companies may release information over social media such…
ThinkstockEurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during the worst months. Europe…
courtesy of USPSAmerican Greetings Corp. (NYSE: AM) has surrendered to the fact that the age of the paper card are over. The company never created a business online to make up for its disappearing…
By Matthew YoheMatt Yohe at en.wikipedia CC-BY-3.0, from Wikimedia CommonsSteve Jobs is still not dead, at least so far as new products introduced by Apple Inc. (NASDAQ: AAPL) are concerned. There are rumors that…
ThinkstockHigh European Unemployment Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely topped 10% during the…