ThinkstockChina’s trade received a boost in January from the traditional lunar New Year holiday. Exports soared 25% from 14.1% in the previous month, while imports jumped to 28%, from the previous month’s 6%, the…
ThinkstockThe austerity philosophy of U.K. leaders is about to insinuate itself into the European Union budget, which already covers a region in which national austerity has become a habit, and perhaps not a good…
courtesy Dell Inc.In an exclusive report, Reuters revealed that the largest single independent shareholder of Dell Inc. (NASDAQ: DELL), Southeastern Asset Management, has voiced objections to the price of the leveraged buyout. Because of the…
ThinkstockA Bump in China’s Trade China’s trade received a boost in January from the traditional New Year holiday. Exports soared 25% from 14.1% in the previous month, while imports jumped to 28%, from the…
ThinkstockFor every story about the impoverished, the unemployed and the starving around the world, there is one about the lives of the rich and famous. Billionaire lists offset those of African farms blighted by…
ThinkstockResearch firm comScore reported about 2012 that: For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent — the strongest annual growth rate since before the recession. Q4…
thinkstockSoutheastern Asset Management, Dell’s (NASDAQ: DELL) largest shareholder, is unhappy with the price of the LBO. (Reuters) The Boeing Co. (NYSE: BA) 787 has been approved for test flights. (Reuters) BMW says it had…
ThinkstockOne of the hangovers of Hurricane Sandy was the effect on late October economic activity. Everything from employment data to retail sales dipped, and sometimes collapsed, depending on an area’s proximity to the storm. Along…
ThinkstockiTunes song sales have reached a number that is more than three times the world’s population. Apple Inc. (NASDAQ: AAPL) has reinvented the music distribution, but not in a way that has benefited publishers,…
courtesy of Sony Corp.There are more rumors that Sony Corp. (NYSE: SNE) will launch a PlayStation 4 model, perhaps as early as this month. The PlayStation was once the leader of the game console…
ThinkstockDeeply damaged telecom equipment company Alcatel-Lucent S.A. (NYSE: ALU) has fired CEO Ben Verwaayen. The decision will not matter. The company has lost so much market share that its shares trade near penny stock…
ThinkstockAirline mergers are messy for employees, aircraft builders, airports and especially customers. The likely merger of U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR, parent of American Airlines, will cause another round of…
courtesy of Google Inc.Yahoo! Inc. (NASDAQ: YHOO) made another in a series of decisions that have pushed its shares higher for months. It has formed an advertising deal with Google Inc. (NASDAQ: GOOG), which…
Ed Brown, via Wikimedia CommonsState unemployment can only improve so much if the states with the highest jobless rates do not have a turnaround in hiring, obviously. So far, that has not been the…
White House Photo by Pete SouzaStaggering iTunes Sales iTunes song sales have reached a number that is more than three times the world’s population. Apple Inc. (NASDAQ: AAPL) has reinvented the music distribution, but…
courtesy of NetflixBrief government spending cuts brought on by disagreements in Congress could badly hurt the economy. (Reuters) Earnings at Time Warner Inc. (NYSE: TWX) and News Corp. (NASDAQ: NWSA) are fueled by cable…
ThinkstockHackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to The Wall Street Journal and to…
ThinkstockLiberty Global Inc. (NASDAQ: LBTYA), controlled by American billionaire John Malone, made a successful offer to buy huge U.K. cable firm Virgin Media Inc. (NASDAQ: VMED). The media has pegged the price as high…
courtesy of Hewlett-PackardHewlett-Packard Co. (NYSE: HPQ) is among the tech companies that had comments on the leveraged buyout of Dell Inc. (NASDAQ: DELL). The comments mostly were directed at Dell customers and future customers,…
courtesy Dell Inc.Critics of Microsoft Corp.’s (NASDAQ: MSFT) $2 billion investment in the Dell Inc. (NASDAQ: DELL) $24.4 billion leverage buyout believe that the world’s largest software company could harm its relationship with Dell…