courtesy of AOL, IncJapan Airlines approaches Boeing Co. (NYSE: BA) about the cost of its grounded 787 Dreamliner fleet. (Reuters) Electric cars sales may be hurt as the industry considers hydrogen-powered vehicles. (Reuters) BlackBerry…
ThinkstockOne more piece of economic data out of China added to an almost unbroken line of statistics which show its GDP, factory, and service activity have picked up sharply since a slump which lasted through the…
ThinkstockThe maker of the “The King of Beers” will not be expanding its kingdom. Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), itself a creation of a merger, probably will be blocked from buying Grupo Modelo of Mexico. The…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE), one of the most battered large companies in the world, may launch the next in the line of its PlayStation models — the PS4. Sony has been…
ThinkstockThe United Kingdom’s PMI showed a 3% year-over-year rise last month, marking a tiny recovery from what has been a terrible period for its economy. The data were reported by Markit. According to Bloomberg:…
ThinkstockAnheuser-Busch InBev Hits Roadblock The maker of the “The King of Beers” will not be expanding its kingdom. Anheuser-Busch InBev S.A./N.V. (NYSE: BUD), itself a creation of a merger, probably will be blocked from buying Grupo…
courtesy Best Buy Co. Inc.The management of Best Buy Co. Inc. (NYSE: BBY) finally has come to its senses — at least in part. The retailer will close 15 of its large stores in Canada.…
ThinkstockThe NACUBO-Commonfund Study of Endowments, which covers returns on university funds at 831 institutions of higher education for the fiscal year that ended in June, showed that Harvard, which has the largest fund at $30.4 billion,…
courtesy of Apple Inc.Apple Inc.’s (NASDAQ: AAPL) business is either falling apart or it is not. It is losing market share to Samsung or it is not. Its new products are either innovative or…
thinkstockPMI data from Asia shows the slowing of economies there. (Reuters) A private equity buyout of Dell Inc. (NASDAQ: DELL) may be only week away. (Reuters) The cost of beef has squeezed McDonald’s Corp.’s…
ThinkstockChina’s temporary return to wild growth reversed itself, as evidence showed once again that its economy cannot be decoupled from the rest of the world. Whatever effects of the global recession might linger around…
Wikimedia CommonsJapanese airline All Nippon Airways, which has been affected as much as any other carrier by the grounding of the Boeing Co. (NYSE: BA) 787 Dreamliner, apparently has started to keep a tab on…
ThinkstockA number of press reports say that U.S. Airways Group Inc. (NYSE: LCC) will take over the airline operations of bankrupt AMR. The marriage of U.S. Airways and American Airlines would create one of the largest…
ThinkstockGermany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million. Bloomberg reported: German unemployment unexpectedly declined in…
Courtesy General Motors Co.German Employment Bump Germany’s Federal Labor Agency reported that unemployment in the country improved very slightly in January. Those unemployed dropped a mere 16,000 to a seasonally adjusted 2.92 million. Bloomberg…
courtesy of Google Inc.The market barely reacted to news that Facebook Inc.’s (NASDAQ: FB) revenue spiked higher by 40% to $1.585 billion in the fourth quarter of last year, as compared to the same…
ThinkstockTIME Inc., the publishing arm of Time Warner Inc. (NYSE: TWX), announced it will cut 6% of its staff, as a sickening drop in print revenue has not been offset by online revenue. The…
ThinkstockThe New York Times ran a front page story that revealed its online operations have been repeatedly attacked, apparently by people and organizations in China. The real news about the attacks is that they…
courtesy of MicrosoftIran’s oil exports rise sharply in December, despite sanctions. (Reuters) Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters) Citigroup Inc.…
courtesy of Research In Motion Ltd.For some reason, a number of analysts believe that the launch of a new version of the Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry will reverse the firm’s dismal fortunes.…