China’s growth slows in May. (Reuters) Troubles in Europe and the slowing of emerging economies threaten U.S. company earnings. (Reuters) China’s exports rose rapidly in May, which may help its domestic economy. (NYT) Europe’s…
Andy Rubin, one of Google’s (NASDAQ: GOOG) senior engineers, claimed in a tweet that over 900,000 Android devices are activated each day. He did not mention the source of his comments. Android currently has…
Robert Murray http://www.geograph.org.uk/photo/1449653Gasoline prices continued to drop along with oil. There is some hope that the collapse could help the US economy in the second half as Americans continue to contend with persistently high…
The attention of international capital markets is likely to turn to Italy now that Spain has gotten a $125 billion reprieve for its economy and troubled banks. Although Greece remains a concern, Italy is…
India may be the first BRIC nation to loss its investment grade rating — a blow to both its prestige as a growth economy and perhaps its ability to raise money. S&P shocked may…
The hope that a $125 billion bailout of Spain and its banks will create a clean break with Europe’s months of sovereign trouble drove global markets higher. Among others, the Spanish market rose 5%.…
Spain continues to suggest that it does not need a full bailout to survive financially. Its actions today say otherwise. According to The New York Times, Spain took a $125 billion aid package from…
The IMF claims that the state of Spain’s banks is so troubled that they will need bailout capital of over 40 billion euros. Spain’s own deficit and GDP problems are so severe that the…
S&P has become the latest organization, economist, or politician to warn Congress and the Administration that a lack of firm decisions to lower the deficit will eventually ruin the country’s finances. S&P reaffirmed its…
nationsonline.orgProblems in Spain and Greece have gotten bad enough that the balance of Europe’s finances have already been dragged into the growing hole. Recent economic data from Germany show that even its imports and…
Updated throughout the day on the 24/7 Wall St. Wire. Spain will request aid for its banks on Saturday (Reuters) Intel will launch a TV with face recognition and closely targeted ads (Reuters) McGraw-Hill…
Gallup has released results of a poll about the attitude of the Chinese toward pollution. Experts have long believed that the People’s Republic cares little about clean water or air when those are balanced against…
courtesy Facebook Inc.Now that hackers have broken into eHarmony’s database, the game system of Sony’s (NYSE: SNE) PlayStation network, Google’s (NASDAQ: GOOG) Gmail system in China, and several U.S. government and major corporate websites, the only…
German businesses had a little reason to hope that trade with countries outside the European Union would keep the export economy growing, and that low unemployment and high wages would sustain imports. Neither of…
Somehow Harley-Davidson (NYSE: HOG) made it onto the Interbrand list of Best Global Brands 2011. With a valuation of $3.5 billion, it sits near smartphone giant HTC and very close to Starbucks (NASDAQ: SBUX). Its presence is proof…
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the region will…
The top anti-trust official in Europe said in a speech that Google (NASDAQ: GOOG) has run out of time to cure what the EC sees as rampant monopolistic behavior. EU Competition Commissioner Joaquin Almunia said…
Reuters has reported exclusively that Spain will turn to its neighbors as early as Saturday as its ability to raise money and the damage to its banks spreads rapidly. Most experts believe that the…
The Apple (NASDAQ: AAPL) App store, and Google’s (NASDAQ: GOOG) for Android face new competition. Facebook (NASDAQ: FB) has opened an app store of its own. Most of the software available at the Facebook…
Gallup has issued a poll about the attitude of the Chinese toward pollution. Experts have believed for a long time that the People’s Republic does not care much about clean water or air when…