ThinkstockUncertainties Push Oil Higher The Algeria hostage crisis shows how little it takes in the terms of geopolitical events to cause a spike in oil prices. As problems in the Middle East simmer, along…
courtesy of NetflixU.S. investigations of the Boeing Co. (NYSE: BA) 787 Dreamliner focus on its main battery. (Reuters) Intel Corp. (NASDAQ: INTC) offers a weak outlook for future quarters. (Reuters) China’s gross domestic product…
courtesy Dell Inc.Private equity firm Silver Lake Partner’s rush to fund a buyout of Dell Inc. (NASDAQ: DELL) has accelerated. And investors have begun to ask if founder Michael Dell has a conflict of…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) said it will offer better prices on the next generation of Chevy Volts, the car company’s flagship electric car. Since almost no one buys Volts now,…
ThinkstockThe brief optimism that a resolution to financial problems in the European Union would begin a process that would resurrect the economy is over. Both economists and national leaders believe that low consumer demand, unemployment…
ThinkstockMichael Dell and the Dell Buyout Private equity firm Silver Lake Partner’s rush to fund a buyout of Dell Inc. (NASDAQ: DELL) has accelerated. And investors begin to ask if founder Michael Dell has…
ThinkstockIndications have emerged that job market growth may have cooled considerably in January, or that layoffs may have surpassed job additions. If so, it would be the first time in more than a year…
Wikimedia CommonsBoeing Co. (NYSE: BA) Chairman and Chief Executive Officer W. James (Jim) McNerney Jr. should resign. Or, more likely, the company’s board of directors should fire him. McNerney’s tenure overlaps the period during…
ThinkstockThe Consumer Financial Protection Bureau (CFPB) has set new rules to block what it sees as abuses of the foreclosure process. The Washington Post reports that the action is to: … prevent such problems…
courtesy of YouTubeThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters) The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it has more…
courtesy Boeing Co.The European Aviation Safety Agency has decided it will follow an FAA directive to ground all Boeing (NYSE: BA) 787 aircraft for inspections. The net effect is that the fleets of planes…
courtesy Boeing Co.Finally, bowing to growing safety concerns, the FAA has grounded the flawed Boeing (NYSE: BA) 787 Dreamliner an aircraft which has become with each passing day a greater danger to travelers. The…
ThinkstockAlibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement of CEO and…
courtesy Dell Inc.The private equity buyout of Dell Inc. (NASDAQ: DELL), about which investors were skeptical just two days ago, could happen soon. Rumors in the press suggest that the primary PE firm in…
courtesy of Apple Inc.More and more analysts have taken a position counter to the one that says demand for the Apple Inc. (NASDAQ: AAPL) iPhone 5 has fallen. Rumors in the press indicated that…
ThinkstockAlibaba Prepares IPO Alibaba, the preeminent e-commerce company in China, apparently has decided to have an initial public offering to raise as much as $4 billion. The decision probably is unrelated to the partial retirement…
ThinkstockGeneral Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F), which have posted huge financial loses in Europe, face larger ones in 2013 that could swamp strong revenue from the United States. Passenger…
flickr / gsfcWall St. was not impressed by Facebook Inc.’s (NASDAQ: FB) new search capacity, which allows members to thumb through the activities and preferences of their “friends.” Investors probably believe that few members…
ThinkstockThe World Bank has issued an economic forecast for 2013 that bears substantial similarities to those issued earlier by other agencies, credit rating firms and bankers. The global economy will not recover based on…
courtesy of Facebook Inc.The World Bank cuts its outlook for 2013. (Reuters) Facebook Inc. (NASDAQ: FB) releases a search feature to be used among members, and Wall St. is unimpressed, sending shares down. (Reuters)…