ThinkstockGasoline prices have risen more than 13% during the past month, and the chance that the average price per gallon nationwide could reach $4.00 has become a real threat again. AAA’s Fuel Gauge statistics…
ThinkstockCanada — long considered a better nation than they United States because of its low violence rates, tolerance, spirit of equality and free health care — is home to just as many misogynistic large…
ThinkstockPrint journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion in liabilities. The transaction will…
ThinkstockCrude oil prices are approaching $100 again, a level where the commodity has not traded since the autumn. Blame a better economy in China and political problems in the Middle East, although those explanations are…
ThinkstockBP PLC (NYSE: BP) has decided that the best way to repent from the sins it took on with the Gulf of Mexico disaster is to litigate. According to The Wall Street Journal: BP already has…
ThinkstockReader’s Digest Bankruptcy Print journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion in liabilities.…
ThinkstockResearch firm Mandiant issued a very detailed report that shows what most securities experts at large U.S. companies and those who work for the federal government already know. China, and more particularly part of…
courtesy of Office DepotIf the press is correct, there is a very good chance that OfficeMax Inc. (NYSE: OMX) and Office Depot Inc. (NYSE: ODP) will merge, hundreds of stores will be closed and…
courtesy Ford Motor Co.The number of cars sold in Europe reached a historic low in January, and there is not a bit of evidence that the situation will improve soon. The storm that this…
courtesy of Adrian Pingstone, via Wikimedia CommonsDetroit will go under, probably in a matter of weeks. In this case, the end can be defined as the appointment of an emergency financial manager by Michigan Governor Rick…
courtesy of Facebook Inc.A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters) Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account offline after…
ThinkstockThe IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest. In an announcement, the agency’s…
ThinkstockIn an odd bit of research, Gallup has reported that states that have the most and least lesbian, gay, bisexual or transgender people. The polling firm reports that: The percentage of U.S. adults who…
ThinkstockFinancial reporters and editors at The New York Times believe that the Warren Buffett takeover of H.J. Heinz Co. (NYSE: HNZ), as well as leverage buyout deals like the pending one for Dell Inc.…
Frank Golhen, via Wikimedia CommonsNasdaq OMX Group Inc. (NASDAQ: NDAQ) has asked the Securities and Exchange Commission to allow it to process trades as early at 4 a.m. Although some U.S. equities are traded…
courtesy J.C. Penney Co. Inc.Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance to restructure…
courtesy of Hewlett-PackardWall St. must see something in Hewlett-Packard Co. (NYSE: HPQ) that has been missing for years. HP shares have risen 30% over the past three months, despite a string of bad news…
ThinkstockAn IRS Warning The IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest. In an…
thinkstockThe Buffett buyout of H.J. Heinz Co. (NYSE: HNZ) may usher in a new age of M&A. (Reuters) Large hedge funds sell off shares of Apple Inc. (NASDAQ: AAPL). (Reuters) Apple’s search technology suit…
Carl Icahn filed documents with the SEC which show he owns just short of 13% (12.98%) of Herbalife (NYSE: HLF). The news pushed shares up by as much as 20% after hours. The actual parties holdings…