ThinkstockCandidate Pier Luigi Bersani won enough votes in the Italian election to control a part of parliament. Aged and oft-elected prime minister Silvio Berlusconi took defacto control of the senate. Between them neither has…
ThinkstockAmericans do not have enough for retirement. They do not save enough money for retirement. Their houses, a primary source of retirement funds, have lost value. Real wages barely have risen in the past decade,…
ThinkstockItaly’s gridlocked national election causes markets around the world to fall. (Reuters) Goldman Sachs Group Inc. (NYSE: GS) will cut more jobs. (Reuters) Samsung’s wide use of Google Inc.’s (NASDAQ: GOOG) Android OS could…
ThinkstockMost media and analysts of Congress and the White House believe that budget cuts set to go into effect on March 1 will hurt the economy. Tens of thousand of government workers will have…
ThinkstockChina’s economy has recovered, or perhaps it has not. The results continue to ping-pong around. The latest data released by HSBC and Markit show preliminary PMI for February for the People’s Republic was only 50.4. A reading of…
thinkstockIn an effort to up the ante on budget cut battles with Congress, the White House has released an analysis of state-by-state effects. The release may rally governors to the side of the president,…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) wants to be in the tablet PC market. It is tardy. Apple Inc. (NASDAQ: AAPL) and Samsung, along with a number of second tier manufacturers, have been…
Courtesy Maersk LineChinese Manufacturing Slows China’s economy has recovered, or perhaps it has not. The results continue to ping-pong around. The latest data released by HSBC and Markit show preliminary PMI for February for the People’s Republic was…
ThinkstockThe Wall Street Journal published a rumor that Barnes & Noble Inc. (NYSE: BKS) chairman and large shareholder Leonard Riggio may try to takeover the part of the company that owns its stores through a leveraged buyout (LBO). Riggio may…
courtesy of Nokia Corp.Apparently both Apple Inc. (NASDAQ: AAPL) and Nokia Corp. (NYSE: NOK) have set a strategy to make more sales into the lower end of the global smartphone market. That could put…
courtesy of General MotorsCars sales should surge again in February, as the annual rate reaches closer to the record levels of 2005 and 2006. Nothing — not even higher gas prices — can block…
ThinkstockApple Inc. (NASDAQ: AAPL) aggressively moves into India, with discounts on the iPhone, to get a part of the huge market. (Reuters) Japan will spend $100 billion on infrastructure to boost its economy. (Reuters) General Motors…
courtesy of MicrosoftMicrosoft (NASDAQ: MSFT) got hacked like almost every other large tech company has been over the last several weeks. The world’s largest software firm said there was nothing to worry about. It…
ThinkstockThe assessment of Germany’s prospects, as measured by businesses there, took an unexpected jump just after the government announced the poor export numbers of late last year. Businesses must believe that something about their prospects…
ThinkstockThe European Commission suggests — in a late forecast compared to those of many other economists — that the eurozone economy will shrink in 2013, and the EU economy will tick up by only the…
ThinkstockThe Wall Street Journal has pulled together the wisdom of businesses, business trade groups and economists and come to conclusion that higher payroll taxes and gasoline prices have undercut the recovery in consumer spending.…
ThinkstockGermany finally came face-to-face with deficit- and austerity-crippled Europe. Its Federal Statistics Bureau (Destatis) confirmed that its gross domestic product (GDP) fell 0.6% in the fourth quarter. The agency added that exports were the…
courtesy of Google Inc.What does Google Inc. (NASDAQ: GOOG) hope to attain by launching its own touchscreen laptop — the Chromebook Pixel? Does it believe the new machine’s Chrome innovations will allow it to compete with…
courtesy of Apple Inc.For a company of its size and prominence in the global business and tech world, Apple Inc. (NASDAQ: AAPL) does not have much of a board of directors, in terms of their…
courtesy of AOL, IncGermany’s low exports cause its gross domestic product to drop in the fourth quarter. (Reuters) United Continental Holdings Inc. (NYSE: UAL) will not fly the Boeing Co. (NYSE: BA) Dreamliner until…