Chicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters) The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the company’s wounded…
courtesy Boeing Co.Boeing Co. (NYSE: BA) 787 Dreamliners keep right on flying, despite dangerous flaws and breakdowns. And the company continues to defend the construction quality of its new-age plane, even though every day…
courtesy GameStop Corp.The holiday season brought no relief for the embattled video game industry. Traditional consoles and software sales are under siege from new products that run on mobile handsets and tablets, and within…
ThinkstockThe Japanese economy is in enough trouble that the new government has announced a tremendous stimulus package. Japan already has one of the highest debt-to-GDP ratios in the world, and the “investment” is, therefore,…
ThinkstockMore 787 Dreamliner Problems Boeing Co. (NYSE: BA) 787 Dreamliners keep flying, despite dangerous flaws and breakdowns. Boeing continues to defend the construction quality of the new-age plane, even though every day brings with…
ThinkstockThe theory about the success of large global car manufacturers has been that as they lose sales ground in Europe, China should more than make up for the drop. The U.S. market has been…
ThinkstockAmerican Express Co. (NYSE: AXP) announced it will lay off 5,400 people, due in part to a slowdown in its travel business. The firm will take a fourth-quarter charge. As far as the public…
courtesy Dell Inc.The plans for Hewlett-Packard Co. (NYSE: HPQ) and Dell Inc. (NASDAQ: DELL) to revive their fortunes were based, and still are to some extent, on a move into IT consulting and software…
thinkstockA Boeing Co. (NYSE: BA) 787 operated by ANA develops a crack in the cockpit glass. (Reuters) American Express Co. (NYSE: AXP) will cut 5,400 jobs and take a charge in its fourth quarter.…
ThinkstockBy Jen Alic of Oilprice.com Tokyo Electric Power Co. (TEPCO) lied about the dangers of radiation exposure, according to eight U.S. sailors involved in disaster relief operations following the March 2011 Fukushima meltdown. Now…
ThinkstockIn another sign that China not only dodged the worst of the recession, but that its impressive growth has accelerated as many other major nations continue to suffer economically, the world’s biggest country by…
ThinkstockBusiness website newcomer BusinessInsider sent another shudder through the sector as its December audience reached 8.8 million unique visitors, according to research firm comScore. That puts it well ahead of the audience of troubled…
ThinkstockSamsung may have displayed “the next big thing” in screens at the Consumer Electronics Show (CES): Samsung today introduced new flexible OLED screens, showcasing a variety of possible products and uses. In an address…
ThinkstockChina’s Surge in Exports In another sign that China not only dodged the worst of the recession, but that its impressive growth has accelerated as many other major nations continue to suffer economically, the…
ThinkstockCEO training in a book? The Harvard Medical School Guide titled “CEO Psychology: Who Rises, Who Falls, and Why” is just that, according to Harvard Health Publications and RosettaBooks, which have released the new…
courtesy Boeing Co.Where is Boeing Co.’s (NYSE: BA) chairman, president and chief executive officer? W. James (Jim) McNerney Jr. has been the CEO of the airline manufacturer and defense supplier since July 1, 2005.…
ThinkstockThe National Research Council and Institute of Medicine oversaw a study recently that shows that Americans tend to have more accidents and illnesses earlier in life than people in other developed nations. The trend…
thinkstockMorgan Stanley (NYSE: MS) fires a number of bankers, which may be the start of a Wall St. trend. (Reuters) The Consumer Financial Protection Bureau says it will set new rules to keep banks…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) may not be risking much if it releases a new, cheaper version of the iPhone, which according to rumors will happen in the third quarter. If the…
ThinkstockSeveral websites of the consumer divisions of large U.S. banks have been down intermittently. The source of the problem was believed to be hackers, but it was not clear if they were a small,…