ThinkstockAmbulance chasing lawyers always overestimate what they can get for plaintiffs. That is much of the reason they have clients at all. These clients expect to win fantastic sums, but courts usually find the…
courtesy of Wal-Mart StoresWal-Mart Stores Inc. (NYSE: WMT) has decided to increase the ante as it tries to take sales away from other big-box retailers, consumer electronics chains and department stores. It can afford…
The Greek parliament passes austerity measures despite active street protests. (Reuters) Angela Merkel suggests major changes to the eurozone to occur within the next three years. (Reuters) Siemens A.G. (NYSE: SI) plans to cut…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: BHP Billiton Ltd. (NYSE: BHP) has started to look for a CEO. (Reuters) Sony Corp. (NYSE: SNE) will sell the PlayStation in China. (Reuters)…
ThinkstockSpain’s Growth Slows Spain has cut its growth forecasts again (or rather, experts have), which means it will ask for more time to solve its problems. And its path to a bailout from its…
thinkstockHis reelection behind him, President Obama can worry about his legacy, which is a priority of most second-term leaders. He can admit to himself now that he will not be remembered positively on economic issues. The…
ThinkstockThousands of websites “live blogged” the election’s progress, or it may have been tens of thousands. Hundreds offered original live TV from their own modest studios, which covered the same details of the election as larger…
ThinkstockA promotion of the new Nokia Corp. (NYSE: NOK) Lumia 920 is on the front page of the AT&T Inc. (NYSE: T) main website. The price is $99.99 with a two-year subscription plan. That…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) will be able to sell cheaper e-books. (Reuters) Amazon is likely to win its showdown of e-books in Europe with Apple Inc. (NASDAQ: AAPL) as the loser. (Reuters) China Petroleum…
ThinkstockBye-Bye Suzuki American Suzuki will leave the U.S. market, a victim of small sales and a brand that U.S. car buyers barely know. 24/7 Wall St. recently predicted that Suzuki would not make it…
thinkstockThere may be some consumer electronics markets more crowded than interactive TV. It is just hard to identify what they are since the crossroads of the Web and the big home screen have become…
While most of the car industry struggles in Europe and companies report severe earnings problems there, German-based BMW showed that, as the rich get richer, it can overcome deep problems in it home market.…
thinkstockThe perfect storm of the U.S fiscal cliff, Greece and Spain that threatens the worldwide economy in 2013 may be supplanted by a new one. The International Monetary Fund warned that France could have problems…
Courtesy of The Washington Post CompanyThousands of Greeks protest austerity measures. (Reuters) A U.S. judge rejects a patent lawsuit between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL). (Reuters) General Motors Co. (NYSE:…
ThinkstockToyota Going Strong Toyota Motor Corp. (NYSE: TM) continues to do well financially, as shown by its fiscal first-half figures, which cover the period ended September 30. On a consolidated basis, net revenues for…
ThinkstockSpain’s Ministry of Employment and Social Security released data showing that unemployment rose 2.7% in October, which translated into a jobless count of “4.833.521 personas.” If the figures are accurate, Spain’s unemployment rate continues…
ThinkstockHyundai and car manufacturing stablemate Kia overstated the miles per gallon estimates for about 900,000 cars and light trucks they sold in the United States. The companies apologized. The question now is what the…
ThinkstockG-20 ministers say they worry about the fiscal cliff and Europe’s debt issues. (Reuters) Toyota Motor Corp. (NYSE: TM) raises its profit forecasts but says its trouble in China was significant. (Reuters) As the Greek…
courtesy of Apple Inc.New data from research firm IDC indicates that Apple Inc. (NASDAQ: AAPL) has started to lose its stranglehold on the tablet market, at least based on third-quarter global data. It will…
courtesy of YouTubeApple Inc. (NASDAQ: AAPL) releases its iPad mini in Asia, but demand appears soft. (Reuters) Microsoft Corp. (NASDAQ: MSFT) seeks developers for Windows 8. (Reuters) The FTC may sue Google Inc. (NASDAQ:…