ThinkstockMartha Stewart Living Omnimedia Inc. (NYSE: MSO) shuttered two of its small magazines ahead of earnings. It needed to close more, and probably included in that list is the firm’s flagship, Martha Stewart Living.…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe Financial Stability Board released its evaluation of G-SIBs. Another way to put that is a review of the financial health of “systemically important” banks,…
courtesy of Ford Motor CompanyIf the car sales market is still growing in the U.S., no one could tell from Ford’s (NYSE: F) October sales. The one of The Big Three which did not take…
flickr / gsfcThe Alliance for American Manufacturing regularly flogs or lauds politicians for whether they support or disregard the interests of the lobbing firm and its members. This membership is made up of “America’s leading manufacturers…
ThinkstockLittle did sweater-clad Fiat CEO Sergio Marchionne know when he bought a controlling stake in troubled number three U.S. car maker Chrysler that he was hedging an unknown bet that Fiat would fall into disrepair…
ThinkstockMore of the Same from Sony Sony Corp. (NYSE: SNE) managed to maintain its habit of posting quarterly losses. In its most recent fiscal quarter, the large Japanese consumer electronics company lost $194 million.…
The Treasury Department reported that the U.S. government will reach its debt limit at the end of the year. That limit is $16.38 trillion, and the Treasury said the debt stands at $16.16 trillion…
ThinkstockThe Financial Times will freeze hiring and sharply cut travel costs. As the medium that sits at the top of the business journalism chain, it should be more immune from the economic cycle than…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had a small…
courtesy of NBN at German WikipediaAccording to data released earlier this year, tobacco is responsible for slightly less than one in four deaths in the United States. In some countries, it is even more…
thinkstockFounders of major companies are sometimes pushed out by their boards. It is quite another thing for an outsider to do the same. Netflix Inc.’s (NASDAQ: NFLX) Reed Hastings has lost much of his…
ThinkstockChina’s official PMI numbers showed a sharp upturn. The information was released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing. The number reached 50.2, up from 49.8 in…
ThinkstockHeidrick & Struggles International Inc. (NASDAQ: HSII), one of the world’s leading executive search firms, ought to be able to find a turnaround master to fix the badly broken company. But it continues to employ CEO…
Wikimedia CommonsSandy and Amazon Which industries benefited from Hurricane Sandy? Very few, one has to suppose. But among those must be e-commerce, which means another victory for Amazon.com Inc. (NASDAQ: AMZN), even if it…
thinkstockBuried a bit in the new Case-Shiller data on home prices for August were several markets that still have not recovered much from the housing wreck triggered by the recession. The overall increase, the…
The part of the new Audit Bureau of Circulations (ABC) report on newspaper circulation that got the most focus was that The New York Times (NYSE: NYT) and Wall Street Journal have largely offset…
Wikimedia CommonsThe humiliation of ongoing delays in the delivery of the Boeing Co. (NYSE: BA) 787 continues to dog the huge manufacturer. It has decided to adopt a marketing campaign that might turn investor…
courtesy of YouTubeWalt Disney Co. (NYSE: DIS) buys Lucasfilm for $4.05 billion. (Reuters) Many members of the Greek parliament will vote in favor of austerity measures. (Reuters) Chrysler will not move Jeep manufacturing to…
ThinkstockThe European Central Bank’s plan to make nearly unlimited purchases of the sovereign paper of Europe’s weakest nations was to be the financial salvation of Europe. The bond purchases would drive down borrowing costs,…
Chrysler is the most well-run car company based in America, at least based on its financial results. For the most recent quarter, it posted an increase in net income of $381 million, up 80% from…