Airbus Moves To Alabama
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…
All Work
Douglas A. McIntyre
Apple’s Labor Problems Grow
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’s Important in the Financial World (6/28/2012)
“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…
States with the Most Underage Drinking
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…
Tablet PCs, Car Sales and TV Channels
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…
Angela Merkel Will Be Blamed for Ruining Europe
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…
Investors in the Content Business Dwindle Again?
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…
Media Digest (6/18/2012) Reuters, WSJ, NYT, FT, Bloomberg
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:…
Are the Bahamas at Risk as Oil Companies Start Drilling in the Area?
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.…
Confidence In Banks Plummets
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…
Apple Sells $150 Billion In iPhones
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…
Borrowing Problems Moves To Italy
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…
What’s Important in the Financial World (6/27/2012)
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…
Old People and Wireless Internet
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…
Detroit’s Housing Problem Persists
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…
Walmart: Results Trump Ethics
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…
Media Digest (6/28/2012) Reuters, WSJ, NYT, FT
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)…
Citi Starts Facebook at Neutral with $35 Target
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.…
What’s Important in the Financial World (6/26/2012)
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…
Japanese Surge Back into U.S. Car Market
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…