ThinkstockCyprus’s Finance Minister Michael Sarris told the BBC that large depositors with money in the nation’s banks could lose up to 40% in taxes and levies, much more than has been assumed recently. The…
courtesy Boeing Co.Boeing Co.’s (NYSE: BA) 787 Dreamliner is aloft again, as test flights of the troubled plane have started. Regulators still do not know what caused the battery problems that grounded the plane.…
ThinkstockShrinking European GDP Standard & Poor’s has put another nail in the coffin of the prospects of an eurozone recovery. The rating agency expects the region’s gross domestic product to shrink this year and…
courtesy of General Electric Co.No company, perhaps other than Microsoft Corp. (NASDAQ: MSFT), is revisited by investors for its failure to grow and prosper more than General Electric Co. (NYSE: GE). The tenure of…
Wikimedia CommonsFines of energy companies continue to be the rage among the news media. Perhaps it is the hangover of the huge bonanza of press coverage following the BP PLC (NYSE: BP) Deepwater Horizon…
courtesy of Google Inc.Bill HB 3057, proposed in the West Virginia legislature by 56-year-old Republican Gary G. Howell, would establish “the offense of operating a motor vehicle using a wearable computer with a head-mounted…
courtesy of AOL, IncCarl Icahn may join Blackstone Group L.P. (NYSE: BX) in a joint effort to buy Dell Inc. (NASDAQ: DELL). (Reuters) The Boeing Co. (NYSE: BA) 787 begins test flights after battery…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) has bought WiFiSlam, a company with technology that allows mobile devices to show the location of their owners. Some press outlets believe that Apple will use this…
ThinkstockT-Mobile runs well behind Verizon Wireless, AT&T Inc. (NYSE: T) and Sprint-Nextel Corp. (NYSE: S) in the race for wireless customers in the United States, despite its upcoming marriage with MetroPCS Communications Inc. (NYSE:…
courtesy of MicrosoftMicrosoft Corp. (NASDAQ: MSFT) must have realized that adoption of its Windows 8 operating system has been undermined by features that potential customers do not like. According to The Verge: An early…
courtesy of DellIt is one thing to own 250 million shares of Dell Inc. (NASDAQ: DELL), as Michael Dell does. It is another to take what is relatively illiquid and turn it into cash. Dell…
Ed Brown, via Wikimedia CommonsThe landscape of unemployment rates has not changed much since the depths of the recession. Most of the cities with the highest unemployment are in the middle of California, and…
ThinkstockThe United States needs a new generation of cyber warriors. It may be best that the government turn to the top American universities for it troops. Apparently, the Chinese have done so already: Researchers…
courtesy of Facebook Inc.Bank of America Corp.’s (NYSE: BAC) chief executive will hold shares he is granted longer than expected as part of his pay package. (Reuters) The Dell Inc. (NASDAQ: DELL) board begins…
ThinkstockNo Love for Apple Maps Apple Inc. (NASDAQ: AAPL) has bought WiFiSlam, a company with technology that allows mobile devices to show the location of their owners. Some press outlets believe that Apple will…
ThinkstockThe Eurogroup reached a 10 billion euro bailout deal with Cyprus, but it will cost wealthy bank depositors dearly. The group released the following statement, which says small depositors will be untouched, but it…
ThinkstockThe Wall Street Journal and several other news outlets have reported that Blackstone Group L.P. (NYSE: BX) and Carl Icahn will make a bid to take Dell Inc. (NASDAQ: DELL) private via an LBO.…
ThinkstockBusiness confidence in Germany continues to sputter up and down as the economies of the countries around it disintegrate. Consumer spending within its borders and trade with countries outside the European Union have not…
A plan to tax savings accounts, rejected by the Cypriot parliament, is again part of last-ditch discussions of how to secure an aid package from the European Union, International Monetary Fund and European Central…
Wikimedia CommonsNike Inc. (NYSE: NKE) joined several other U.S. companies in the discovery that the Chinese market is not the solution to global revenue growth, despite its size and the rapid development of consumer…