The usual arrangement for the bailout of large banks in Europe has been for sovereigns to take on loans from eurozone funds and then use those funds to recapitalize their troubled financial firms. One drawback to…
Health care problems do not sit high on the list of concerns of most Americans, even if the Supreme Court just upheld most of the Affordable Care Act of 2010. The decision does not solve a “pocketbook”…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM) may set…
nationsonline.org“What is at stake is not only the economic integration, it is also the overall economic confidence in the euro area, and indeed, our commitment to the European project,” said European Commission president Jose…
Airbus, the primary rival of Boeing (NYSE: BA), will open a plant in Alabama. It may have made the decision to counter American politicians’ belief that Airbus works in the interests of its European…
Apple’s (NASDAQ: AAPL) labor practices in China have been questioned again, just as the company seemed to have gotten criticisms about lead supplier Foxconn behind it. Fortunately for Apple, none of the past complaints…
“What is at stake is not only the economic integration, it is also the overall economic confidence in the euro area, and indeed, our commitment to the European project,” said European Commission president Jose…
Earlier this week, the Centers for Disease Control and Prevention (CDC) released its 2011 Youth Risk Behavior Surveillance study. The annual survey, which reviews unhealthy behavior among 9th to 12th graders, reported that more…
If Google (NASDAQ: GOOG) is fortunate, its new Nexus 7 tablet will be like a Chrysler automobile. The device is up against Apple (NASDAQ: AAPL), with its General Motors (NYSE: GM) type leadership in…
If Europe’s economically troubled nations need serial bailouts that cost hundreds of billions of dollars after the summit of EU leaders fails to reach a consensus on how to address the sovereign debt problem, Angela…
The argument goes that if News Corp. (NASDAQ: NWS) spins off its print businesses, they will be unable to keep their editorial costs at current levels. Some of the properties in this new operation may be…
Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters) Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters) Google (NASDAQ:…
Mention the Bahamas to most people and you’ll get a sigh, followed by imagined images of a tropical paradise surrounded by azure waters. That romantic image may be about to change, perhaps for good.…
As the largest banks in the United States prepare “living wills” for the government in the event that any of them should become financially nonviable, Americans continue to lose their trust in banks. According…
The remarkable success of the Apple (NASDAQ: AAPL) iPhone is even more extraordinary when put in the context of its sales in the five years since it was launched. Research firm Strategic Analysts estimates…
The pressure on the financial situation of the weakest nations in Europe continues to grow, and Italy became the latest country to face a sharp rise in borrowing costs. The news ahead of a…
The pressure on the financial situation of the weakest nations in Europe continues to grow, and Italy became the latest country to face a sharp rise in borrowing costs. The news ahead of a summit of EU…
What really jumps off the pages of the new Pew Internet & American Life Project’s “Cell Internet Use 2012” is not that the well-to-do use wireless devices to access the Internet more than the poor…
No other large American city has the rows and rows, blocks and blocks of empty homes that Detroit has. Evidence indicates that some houses in Detroit can be bought for less than $10,000, at least by…
When the New York Times ran an article about bribes that Walmart (NYSE: WMT) executives in Mexico exchanged for favorable treatment for the company, it seemed the world’s largest retailer would be crippled indefinitely. Investors…