courtesy of AppleApple Inc. (NASDAQ: AAPL) showed that any threats from Samsung, Amazon.com Inc. (NASDAQ: AMZN), or other makers of tablets and e-readers is behind the world’s largest company based on market cap. In…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: BP PLC (NYSE: BP) will restructure its oil production unit. (Reuters) China stops building its strategic oil reserves. (FT) Douglas A. McIntyre
ThinkstockGreek Bailout Coming Soon? The latest rumors about Greece’s bailout suggest that a deal will be done soon. Only last week, battles among Germany, most European Union finance ministers and the International Monetary Fund…
Wikimedia CommonsOnce a month, research firm Comscore releases a list of the 50 largest websites in the United States by traffic. Month after month, even year after year, Amazon.com Inc. (NASDAQ: AMZN) tops the…
ThinkstockUnlike Moody’s, S&P sees the glass of France’s finances as half full. Whereas Moody’s cut its Aaa rating to Aa1, S&P held its AA+/A-1+ rating, but with a negative outlook. Lost in the news…
courtesy Best Buy Co. Inc.A new Gallup poll revealed two unexpected characteristics of Black Friday. One is that the portion of the population that shops on Black Friday is fairly small. The other is…
thinkstockWal-Mart Stores Inc. (NYSE: WMT) India suspends some employees as it begins a bribery investigation. (Reuters) PMI data for Europe drops to 2009 lows. (Reuters) S&P confirms its AA+ rating of France but voices…
Data from Germany’s IFO Institute showed November sentiment rose for the first time in six months. The news was a shock given the state of EU finances and that chance that the region’s largest…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) has not benefited from a new CEO. Its struggles to right its consumer electronics business have faltered with the commodity pricing of television screens. It PS3 franchises…
ThinkstockIf there was any need for extra information that Europe is in recession, and there is not, new Market PMI data for November gave it. However, there is no plan among the members of…
ThinkstockChina’s PMI finally showed a heartbeat. The HSBC “flash” reading of its China manufacturing Purchasing Managers’ Index (PMI) was 50.4. It is measured on a 100 point scale. A number over 50 shows expansion, and the figure…
If the BBC wanted to find an executive who has had no relationship with the organization for the last several years, it found one in Tony Hall – Lord Hall of Birkenhead. He will…
ThinkstockSamsung to Stay on Top Samsung will ship 61 million smartphones in the current quarter, according to the Yonhap News Agency. That is well above forecasts, and the Samsung Galaxy Note 2 — the…
ThinkstockThe gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies now hitting…
ThinkstockAs research firms, retail associations and large retailers set expectations for the results of the holiday shopping season, those expectations rarely match one another. Perhaps wildly different views of fiscal cliff effects cause the…
ThinkstockThe latest word out of Europe is that finance ministers and the International Monetary Fund cannot agree about a bailout of Greece. The troubles are as much political as financial, which makes them quite…
courtesy of AOL, IncA patent case between Microsoft Corp. (NASDAQ: MSFT) and Google Inc. (NASDAQ: GOOG) draws to a close. (Reuters) The European Union and International Monetary Fund fail to reach a deal for…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both face challenges as 2012 closes that they did not face at the start of the year. Most of…
Hostess management has tried nearly every reasonable means to keep the baker of Twinkies open, or so they say. Whether the claims are true or not, a short burst of optimism brought on by…
courtesy U.S. Federal ReserveBen Bernanke has done little to sell a full recovery of the U.S. economy to the public or Congress. He knows better. And, QE3 can hardly be considered a stroke of…