After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters) Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters) Strong Chinese PMI helps calm…
Another round of car recalls is likely, in what has quickly become a year of recalls. The National Highway Traffic Safety Administration has reported fires in engine of the General Motors’ (NYSE: GM) 2011…
Oil moved higher again after a week of losses. China’s strong PMI figures and concerns about supply were the primary causes as Brent Crude traded near $123. Despite a drop at the end of…
AMRAnother airline has filed Chapter 11. This time it is Pinnacle Airlines (NASDAQ: PNCL), a small U.S. carrier. The firm announced that it will continue to operate. Most airlines use the Chapter 11 process…
The unemployment rate of the eurozone reached 10.8% in February, up from 10.0% a year ago according to EuroStat. Unlike the in United States, the trend is in the wrong direction. The lowest rates…
The notices from the Chinese government that GDP improvement in Q1 will disappoint grew as the Bank of China said the figure would be a disappointing 8.2%. That is against 8.9% for the full year…
Foxconn has given in to global PR. The manufacturer which does a great deal of work for Apple (NASDAQ: AAPL) will increase worker salaries and lower hours worked. The Fair Labor Association, which stepped for Apple when it was…
WTI crude rose just over 4% in the first quarter to almost $103. The effects on the price of gasoline were evident as the average price of a gallon of regular nationwide was flat…
A shortage of a number of crops will mean the amount of corn planted in the US this year will be at a seven decade high. In theory, this will push corn prices down,…
Groupon (NASDAQ: GRPN), the troubled online coupon company, has trouble getting its financials correct before its IPO. Now, post-IPO, it it in trouble again. Groupon revised both its Q4 2011 and full year 2001 numbers.…
The votes are in and London is the most important city in the world — at least, according to the ultra-wealthy. The Wealth Report, a new study by Knight Frank Research and Citi Private…
Three companies recently announced plans to improve their fortunes. Google (NASDAQ: GOOG) will launch its own tablet PC to challenge the Apple (NASDAQ: AAPL) iPad, the Wall Street Journal reports. Best Buy (NYSE: BBY)…
The Nasdaq has risen 19% in the quarter that is about to end. That is much more than the S&P 500, which is only 13% higher. Many analysts believe that the Nasdaq has risen…
Flickr - Marshall AstorIt is not unusual for research and polls to tell people what they already know. Obesity leads to poor health. People who text while driving are more likely to have accidents…
The concern of EU governments about the fates of Italy and Spain was evident as the region appears ready to increase its emergency funding facilities to 940 billion euros. Spain and Italy are not the…
Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters) Research In Motion’s (NASDAQ: RIMM) CEO says the firm’s struggles will continue as more management leave the…
Ben Bernanke gave the last of his four lectures at George Washington University. He pointed out that US GDP has risen by about 3% a year over the last one hundred. He predicted growth…
Not a single day passes without an increase in the price of regular gas, as measure by AAA based on a national average. That price rose to $3.925 yesterday up from $3.921 the day…
The concern of EU governments about the fates of Italy and Spain was evident as the region appears ready to increase its emergency funding facilities to 940 billion euros. Spain and Italy are not…
Amazon’s (NASDAQ: AMZN) founder and CEO Jeff Bezos has been successful enough to earn himself a remarkably expensive hobby. He has been interested in outer space since he was a child. Bezos assembled an…