Finland, which has not always offered whole-hearted support to the euro, says it is fully committed to the union. Alex Stubb, the country’s minister for European affairs and foreign trade, told CNBC that his…
Yahoo! Inc. (NASDAQ: YHOO) has begun the search for a chief operating officer who would be number two to new CEO Marissa Mayer. AllThingsD reports that the person would need turnaround and financial experience.…
Yahoo! Seeks COO Yahoo! Inc. (NASDAQ: YHOO) has begun the search for a chief operating officer who would be number two to new CEO Marissa Mayer. AllThingsD reports that the person would need turnaround…
Some members of the Fed believe there is no need for QE3 and interest rates may be set higher by the central bank before 2014. (Reuters) Facebook Inc. (NASDAQ: FB) shares drop below $20…
Is Verizon Communications Inc. (NYSE: VZ) the perfect stock? No. The “perfect stock” headline is used by financial and business websites and publications to sucker people into reading articles that have little relevance for most investors.…
Gallup reports that among 25 industries rated by Americans, respondents give the computer industry more positive rankings than any other. That observation comes without explanation. But it may be as simple as the fact that not only do…
Angela Merkel came back from an extended summer vacation and immediately said she supports efforts by the European Central Bank to buy the bonds of troubled sovereigns. In theory, this will bring down yields…
Consumers, it seems, are always after the shiny new product. For some industries, the latest version is always the most popular — the newest smartphone, tablet and sneaker are always the products in highest…
The International Monetary Fund said Syria was one of the few countries in the Middle East whose economy is expected to contract in 2012. The IMF expected the regional economy to grow by more…
China Sees Weak Second Half China has admitted publicly that its second half economic situation will be poor, a statement of what experts around the world have said for months. PMI numbers have been weak almost…
As much of the world made a modest recovery from the recession, many people were still worried about their jobs last year. But, those concerns returned to prerecession levels — similar to the ones just ahead of 2009…
Lenovo continues to beat Hewlett-Packard Co. (NYSE: HPQ) and Dell Inc. (NASDAQ: DELL) at what used to be their own game. The China-based company has not only gained market share, it has posted strong…
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge presses for Apple Inc.…
Flickr, James SarmientoA group from the Georgetown Public Policy Institute has come out with an extraordinary analysis of the labor market and its relationship to educational attainment. It is titled “The College Advantage: Weathering…
U.K. retail sales were up a bit more than might be expected in a nation that has been hit by a new recession. The Office of National Statistics reported: In July 2012, all retailing…
Updated throughout the day on the 24/7 Wall St. Wire: Several of the largest retailers in the country, including Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT), will launch a program called…
Jon OggBank of America downgraded Entergy (NYSE: ETR) to Underperform from Neutral and cut its price target to $70. Piper Jaffray downgrades Cache Inc. (NASDAQ: CACH) to Neutral from Overweight. AAII Journal sets Dow Chemical Co. (NYSE:…
After Samsung took a beating from Apple (NASDAQ: AAPL) at a trial in the U.S. District Court of the Northern District of California, it is Samsung’s turn to strike back. Apple has asked for $2.5…
Nokia Corp. (NYSE: NOK), which is barely alive in the smartphone sector, claims that the fruits of its large partnership with Microsoft Corp. (NASDAQ: MSFT) are about to arrive. The marriage was meant to…
Standard Chartered has paid the New York Department of Financial Services $340 million to settle charges that it helped Iran interests launder money. Unfortunately for the financial firm, this settlement is only the tip…