Stockton, Calif., is about to file Chapter 9 bankruptcy. (Reuters) Apple (NASDAQ: AAPL) wins a court decision to stop shipments of the Samsung Galaxy Tab 10.1 tablet into the United States. (Reuters) Zynga (NASDAQ: ZNGA)…
courtesy Facebook Inc.Add to the list of Facebook’s (NASDAQ: FB) woes that Citi began coverage of the company with a “neutral” rating and a price target of $35, or $3 below the IPO price.…
Spain’s borrowing costs continued to be unsustainable a day after Moody’s downgraded 28 banks based there. The yield on three-month paper was 2.362%. It was 3.23% for six-month bonds. The rates were the result…
U.S. June car sales should be the best they have been for any month since 2007. That year was just ahead of the sickening drop in volume which accompanied the recession and eventually triggered the bankruptcies…
The share prices of Nokia (NYSE: NOK) and Research In Motion (NASDAQ: RIMM) show that investors do not see the two companies as being in the same predicament. RIM’s stock price has dropped more quickly…
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion. (Reuters) Facebook (NASDAQ: FB)…
The lack of medical coverage in America is a serious problem as approximately 50 million people were uninsured all through 2010. But the U.S. Supreme Court on Thursday ruled the Patient Protection and Affordable…
Just as it appeared that Spain could not have any more bad news because there is none left to have, Moody’s downgraded 28 banks in Spain and released a spreadsheet with long-term ratings and…
So many people wanted Facebook (NASDAQ: FB) to have a female member of its board of directors. As a new age corporation how could it have made the glaring mistake of having one which…
By Gail Buckner / FOXBusiness Let’s get the bad news out of the way first: 51% of households below the age of 65 are at risk of not having enough income to enjoy the…
Updated throughout the day on the 24/7 Wall St. Market Wire Anheuser-Busch InBev is in talks to buy brewer Grupo Modelo (WSJ) J.P. Morgan Chase & Co will increase risk management at the division…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not as safe…
Shares in China-based PC company Lenovo have fallen sharply during the past few weeks. Lenovo is, by some measures, the number two manufacturer of personal computers. It competes globally with Hewlett-Packard (NYSE: HPQ) and…
Spain’s Economy Minister Luis De Guindos has sent a communique to Eurogroup Chairman Jean-Claude Juncker in which he says Spain’s banks will need a massive bailout — as much as 100 billion euros. Many…
Robert Murray http://www.geograph.org.uk/photo/1449653Four months ago, it was inconceivable that gasoline prices could dip to near $3 a gallon. Most experts expected high oil prices to guarantee a price of $4 for a gallon of…
Four months ago, it was inconceivable that gasoline prices could dip to near $3 a gallon. Most experts expected high oil prices to guarantee a price of $4 for a gallon of regular on…
The number of jobs the economy has added in each of the past four months has been weaker than expected. May unemployment numbers show that only 69,000 jobs were added. The national unemployment rate…
A key aspect of Apple’s (NASDAQ: AAPL) success is the flexibility and robustness of its supply chain. It has been so carefully engineered that sharp spikes in demand rarely keep new products off store…
Research firm PayScale issued a report based on queries of tech company employees about, among other things, job satisfaction. The results largely confirm the old belief that people are happier working for successful companies and less…
AB InBev (NYSE: BUD) may buy the part of Modelo it does not already own. (Reuters) Samsung expects a rise in Q2 handset sales. (Reuters) Research In Motion (NASDAQ: RIMM) may split into two companies. (Reuters) Sony…