ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: No individuals will be charged in the mortgage fraud investigation of J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ) Several firms, including Panasonic, will…
thinkstockTen major media companies control most of the news content in America. Each of these companies reaches millions of people. The five largest reach more than 50 million people each. Discussions about news media…
ThinkstockLost among the concerns and possible remedies for growth in the United States, China and Europe are the near-term economic fates of two of the other largest economies — Japan and India. Their problems…
ThinkstockPoliticians and economists continue to try to figure out what effects the fiscal cliff will have on consumer spending and business activity as a possible recession looms. Even if there is a compromise, with…
By Jeff Ooi., posted to LensaMalaysia.com via Wikimedia CommonsPerhaps believing that the worst is over for some of America’s most troubled companies, or fearing a year-end rally that could lift all ships, short sellers…
ThinkstockMore Greek Troubles As hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation’s parliament has voted through an extreme austerity budget that was…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and some will…
Apple Inc. (NASDAQ: AAPL) seems to be in patent battles with most of the balance of the smartphone and tablet industries and those that supply parts to them. Apple’s most recent victories have come…
Former Citigroup Inc. (NYSE: C) CEO Vikram Pandit will be paid approximately $6.7 million as he departs the company. Former chief operating officer John Havens, will receive slightly more, according to an SEC filing.…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: Germany wants to examine the growth and troubles with the French economy. (Reuters) Google Inc. (NASDAQ: GOOG) will add $300 million a year to…
ThinkstockThe Changing Video Game Industry Video game sales have collapsed just as retailers begin to rely on strong holiday sales. Industry research firm NPD reports that in October, U.S. video game retail revenue dropped…
ThinkstockCarl Icahn is still around, in his seventies and several decades into his place as a famous takeover artist, although he sometimes just scares companies into distributing cash or cutting costs. He has had…
Best Buy Co. Inc. (NYSE: BBY) founder Richard SchulzeThinkstock, who was thrown off the retailer’s board, may be about to return with a new offer to buy out the company. Reuters reports that he…
thinkstockThe Organization for Economic Cooperation and Development (OECD) says the United States does not have a chance to hold its top spot in the world based on gross domestic product. China may pass America…
courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6% year-over-year improvement…
Warnings about the negatives effects of the fiscal cliff continued one day after the election, and comments from both Republicans and Democrats which indicated each was open to budget and tax negotiations. The Congressional…
ThinkstockSiemens Sitting Pretty Siemens A.G. (NYSE: SI) released strong earnings for its fiscal fourth quarter and outlined plans to lower costs by six billion euros by 2014. At its current pace and with strategic…
ThinkstockThe European Commission published its autumn economic forecast. Most of the predictions reflected unsupported optimism, which calls into question how the European Union views its own prospects in light of a growing recession there.…
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…