ThinkstockThe Office of the Comptroller of the Currency lowers its rating of J.P. Morgan Chase & Co. (NYSE: JPM) management. (Reuters) Fannie Mae and Freddie Mac expect to pay back taxpayer money sooner than…
ThinkstockThe debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of these public corporations at the…
ThinkstockThe parliament in Cyprus may block the government’s attempt to seize money from the savings accounts of its citizens as a way to raise money to get access to bailout funds. If so, the…
courtesy of Apple Inc.Wherever Apple Inc. (NASDAQ: AAPL) goes, Samsung is never far behind it. The South Korean company said it will build and market a smartwatch, just as Apple is rumored to be…
ThinkstockIf every state in the Union was like North Dakota, the American economy would be growing as fast as China’s. The state’s numbers were stunning, a promise, perhaps, for states that have new-found shale…
courtesy of General MotorsNew car sales research from Europe shows that General Motors Co.’s (NYSE: GM) fortunes in the region have gotten much worse. Its decade-old string of losses is guaranteed to continue. Whatever…
ThinkstockThe Employee Benefit Research Institute released a study that shows what almost everyone already knows. Americans have too little money to retire, and they know it. The solution is not quite as clear as the…
ThinkstockCorporate Cash Piles Up The debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of…
courtesy of Facebook Inc.BlackRock Inc. (NYSE: BLK) will lay off 300 people. (Reuters) Electronics Arts Inc. (NASDAQ: EA) chief executive departs as the firm missed earnings. (Reuters) Intel Corp. (NASDAQ: INTC) ramps up hiring…
thinkstockVerizon Communications Inc. (NYSE: VZ) wants to turn the model for payment to creators of premium content on its head. Its proposal is to pay based on the audience that shows and movies produce.…
ThinkstockThe restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC (NYSE: BCS), has reached…
ThinkstockOne of the most substantial concerns about the Chinese economy is that inflation in securities, food prices and real estate could create bubbles. The central government has hoped to keep this under control with…
ThinkstockThe Stockholm International Peace Research Institute research on arms imports and exports of weapons remains the gold standard in this sort of measurement. The top line news from its new Trends in International Arms Sales…
ThinkstockHigh tax rates in European Union nations have caused some high profile news, including when French actor Gerard Depardieu decided to become a Russian citizen rather than pay a 75% tax rate on people who earn more…
courtesy Ford Motor Co.Hundreds of thousands of cars made by major manufacturers have been recalled this year. The most outrageous of these is among the smallest. Chrysler recalled 4,459 Dodge Challenger V-6 models because their…
ThinkstockHSBC Job Cuts The restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC (NYSE:…
ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) and many other banks change risk models to cover Basel III requirements. (Reuters) Boeing Co. (NYSE: BA) will measure its batteries by a high standard that it created…
A panic over plans to levy taxes on deposits in Cyprus banks has pushed all global markets lower. According to MarketWatch: “The introduction of a levy on bank deposits — worth around €5.8 billion —…
ThinkstockAs Washington tries to find its way out of increasing debt, the debate continues over whether American companies should pay more or less in taxes. Meanwhile, some of the largest U.S. public corporations paid…
courtesy Boeing Co.Boeing Co. (NYSE: BA) has said, once again, that its deeply trouble 787 will take to the air again soon. Battery problems with the plane have kept it grounded for two months.…