ThinkstockLeaders in Europe and economists and policymakers outside the region got another slug of data that tends to support the argument that austerity has caused nearly irreversible damage in the eurozone. That damage worsens…
ThinkstockNouriel Roubini, who hates all things optimistic, particularly as they relate to the global economy and the financial future of nations, cast a vote for the United States as a potential “beacon of hope.”…
courtesy of AOL, IncGlencore says it will delay its deal to buy Xstrata while China reviews the marriage. (Reuters) NASDAQ OMX Group Inc. (NASDAQ: NDAQ) buys eSpeed for $750 million. (Reuters) Apple Inc. (NASDAQ:…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) announced that its most recent quarter would be profitable, and its shares rose 19% to $45, which is above its 52-week high. The electronic car company…
ThinkstockAT&T Inc. (NYSE: T) is yet another company that has given up on opportunities for innovation and has lost its appetite for large M&A transactions. Instead, it will use the power of its balance…
Courtesy of Tesla MotorsElectric luxury car company Tesla Motors Inc. (NASDAQ: TSLA) said its sales were well ahead of schedule, and it revised earnings estimates higher. There has been a great deal of skepticism…
ThinkstockReuters points out that there are probably no short-term solutions to the huge amount of water and air pollution in China, and that the trouble will get even worse. While the central government may…
courtesy Dell Inc.Michael Dell may walk out on his partnership with Silver Lake, a marriage created to make a leveraged buyout (LBO) of Dell Inc. (NASDAQ: DELL), to join a rival bid from Blackstone…
ThinkstockCities may start to use bankruptcy as a tool to skirt obligations the way that airlines have for decades and car companies have done more recently. As AMR, the parent of American Airlines, has…
ThinkstockA region with unlimited access to water (though salt water) and a climate in which the temperature rises relentlessly — what a good place for farms. This may be the fate for some portions of the…
ThinkstockAT&T to Buy Back Shares AT&T Inc. (NYSE: T) is yet another company that has given up on opportunities for innovation and lost its appetite for large M&A transactions. It will use the power…
courtesy of Facebook Inc.Weak small businesses in Spain and Italy could cause the next wave of problems in the European Union. (Reuters) Mobile messaging apps begin to compete with use of Facebook Inc. (NASDAQ:…
China’s PMI stayed above the critical level of 50, which signals expansion, in March. Data from the China Federation of Logistics & Purchasing and the National Bureau of Statistics showed PMI at 50.9 compared to…
ThinkstockThe reason that China, the Chinese, and probably many of the largest companies in the People’s Republic steal intellectual property is that they have so little of their own. Among the top 50 companies…
ThinkstockWhile the nation’s unemployment rates remains at an historically poor rate of 7.7% and the Federal Reserve vows to keep rates low until the number is lower than 6.5%, there are a few states…
ThinkstockToys”R”Us, battered by the same problems that have beset Barnes & Noble Inc. (NYSE: BKS) and Best Buy Co. Inc. (NYSE: BBY), has pulled its initial public offer in at statement filed with the…
Analog Devices (NASDAQ: ADI) long time CEO Jerry Fishman has died. The company announced: Analog Devices Inc. (NASDAQ: ADI), with great sadness, announced today that Jerald G. Fishman passed away suddenly from an apparent…
ThinkstockNow that the tiny island of Cyprus has narrowly avoided a calamitous exit from the eurozone, the financial world has embarked on a search for the next country to star in Europe’s never-ending sovereign…
The most religious cities in America won’t be a surprise to most. Except for Holland, Mich., all of the cities are either in Utah , headquarters of the Mormon faith, or the Bible Belt.…
ThinkstockChina has alienated U.S. companies and the federal government by what is clearly the hacking of American-based websites from inside the borders of the People’s Republic. The exact location of the hacking already has been…