Updated throughout the day on the 24/7 Wall St. Wire. Microsoft (NASDAQ: MSFT) will buy social network firm Yammer (Reuters) Credit Suisse is under pressure to increase its capital bases. (FT) Douglas A. McIntyre
According to the National Institutes of Health, nearly 50,000 to 100,000 patients die in U.S. hospitals each year as the result of lapses in safety. Recently, the Leapfrog Group, a nonprofit promoting transparency and…
New Democracy’s Antonis Samaras’s party won the national elections in Greece. But it did not win a majority. His pro-austerity party will try to create a coalition now. The odds appear to in his favor. But global…
A look back at the U.S. recession and the halted growth that has followed shows that two portions of the economy where at the core of the slide — jobs and housing. In 20/20 hind…
Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. Greece’s acceptance of austerity measures, based on results of the elections, provided no confidence that Spain — in its second recession in five…
The pro-austerity party wins the election in Greece and will try to build a coalition. (Reuters) India surprises analysts by keeping its rates as is, despite a slow economy. (Reuters) The FCC will further…
This year should belong to Sports Illustrated. It is part of the mighty CNN Digital network, which gives it heft online. TIME Inc., the publication’s parent, describes the SI.com website as offering sports news 24/7.…
Verizon (NYSE: VZ) has launched what it calls that FiOS Quantum Internet. The product runs on its fiber network, which connects millions of homes. Verizon invested $23 billion in this infrastructure as it tries…
Rumors are that Microsoft (NASDAQ: MSFT) will release a tablet PC today. It will run a version of Windows Mobile designed to operate on ARM architecture. Most analysts of the tablet market believe that…
Spain’s bond yields quickly rose above 7% today for 10-year sovereign paper. The acceptance of austerity measures based on the Greek elections provided no confidence that Spain–in its second recession in five years and…
In 2011, world peace improved for the first time in three years. Incidents of terrorism fell and the global economic downturn decreased violence by reducing the amount countries spent on military budgets. However, while…
General Motors (NYSE: GM) lost $747 million, before interest and taxes, in Europe in 2011 and has lost $15.6 billion since 1999, the last year GM made money in the region. The big U.S. car…
That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he was 30.…
Several G20 nations have signaled that their central banks will do what is necessary to keep credit markets liquid so that capital is available to keep the global money system from the kind gridlock it…
A number of central banks say they will act in concert if the EU financial situation worsens. (Reuters) The UK government and Bank of England could inject as much as 100 billion pounds into…
Tech industry blog The Wrap reports that Microsoft (NASDAQ: MSFT) will release its own tablet PC next week. That means it will follow Google (NASDAQ: GOOG) into the premium portable smartphone and tablet markets.…
Apple (NASDAQ: AAPL) has taken an important step into what could be its most important market in a few years. It created a partnership with China’s No.1 search company, Baidu (NASDAQ: BIDU) which should…
A number of the G20 nations have signaled that their central banks will do what is necessary to keep credit markets liquid so that capital is available to keep the global money system from…
Facing disastrous consequences from the economic slowdown in Europe, Sir Mervyn King, the Governor of the Bank of England, set out new plans to aid British financial institutions in the hope that the actions will…
The yield on Spain’s 10-year notes rose above 7%, a level at which most experts believe the nation cannot survive without a bailout. Spain will receive $125 billion from its neighbors and the IMF.…