ThinkstockDreamliner Stays Grounded There is no hope in sight for Boeing Co. (NYSE: BA) as it tries to get its 787 Dreamliner flagship back in the air. Japanese investigators say that an overcharging of…
Apple Inc. (NASDAQ: AAPL) posts disappointing iPhone sales numbers for the most recent quarter. (Reuters) The International Trade Commission will review Apple patent claims against Samsung. (Reuters) Nokia Corp. (NYSE: NOK) probably will end its…
Ed Brown, via Wikimedia CommonsThe new annual data on union membership must be particularly depressing for labor leaders in states that have traditionally been their strongholds. New BLS data show that national union membership dropped to…
ThinkstockPurchasing managers index (PMI) data for the eurozone as issued by Markit, which did not give reason for much optimism, but should temper pessimism about the region’s overall economy. According to the research firm: The…
Wikimedia CommonsThe market capitalization of Exxon Mobil Corp. (NYSE: XOM) may pass that of Apple Inc. (NASDAQ: AAPL) today, or, if not, relatively soon. Apple’s stock fell 11% after its reported lackluster earnings and…
ThinkstockLa tasa de paro sube un punto respecto al tercer trimestre y se sitúa en el 26,02%. In other words, Spain’s unemployment rate moved to 26.02% in the last quarter of 2012, a staggering…
ThinkstockThe HSBC China PMI flashed a surge to 51.9 in January based on its preliminary measure, with any number above signaling expansion. The final count for December was 51.5. The figure almost certainly means that overseas demand…
ThinkstockThe World Economic Forum in Davos will give economists a chance to flog their views of the 2013 recovery, and apparently they will not be optimistic. According to the Financial Times: The world economy…
ThinkstockFinancially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could pour cold water…
Wikimedia CommonsJamie Dimon’s never-ending explanation of the “London whale” debacle and his round-the-world tour to apologize continued at the World Economic Forum in Davos. Reuters reports: JPMorgan Chase & Co Chief Executive Jamie Dimon…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) sells its products and services primarily to large companies, enterprises and governments. Google Inc.’s (NASDAQ: GOOG) ad sales often draw on smaller firms. And its traffic…
ThinkstockThere is nothing wrong with making and marketing guns, if people kill people, and guns do not. One of the odd things about firms that sell guns, however, is that they do not want…
ThinkstockIf current levels of obesity tell anything about current and future health care costs and the overall risks of disease among the American population, then pessimism about them remains justified. According to new Gallup…
ThinkstockEuropean Finance Tax Financially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could…
courtesy of AOL, IncThe Federal Aviation Administration faces criticism about approving a Boeing Co. (NYSE: BA) battery that caused safety concerns about the 787. (Reuters) Google Inc. (NASDAQ: GOOG) beats Wall St. estimates for its…
ThinkstockThe nation’s highways, bridges and schools are falling apart, due in large part to the lack of federal money for infrastructure repair. States and local governments, hampered by high pension and health obligations and…
ThinkstockThe Bank of Japan believes it can cure what ails much of the nation’s economy. If the relative success of the U.S. Federal Reserve to accomplish a similar goal is any indication, the Bank of…
ThinkstockAnother of the world’s largest economies continues to heal, if confidence is any indication. Germany mostly has dodged the European Union recession, although its gross domestic product has suffered. While there is no sign…
courtesy of Apple Inc.Industry trade publication Brightwire now puts the number of iPhones that Apple Inc. (NASDAQ: AAPL) will launch this year at three. Their successes are absolutely critical. Apple likely will report its first…
ThinkstockBank of Japan Monetary Easing The Bank of Japan believes it can cure what ails much of the nation’s economy. If the relative success of the U.S. Federal Reserve to accomplish a similar goal is…