Research firm Ooyala reports: Viewers with tablets averaged nearly 30 percent more viewing time per play than those who watched on desktops—and completed videos at double the desktop rate. Viewers with tablets averaged nearly…
The recession and high gas prices have been major forces shaping Americans lives in the past several years. When it comes to the auto market they had a profound impact on our buying decisions.…
After a period in which short sellers backed out of stocks in troubled companies, the have rushed into them again. The short interest in Research-In-Motion (NYSE: RIMM), battered by competition from Apple (NASDAQ: AAPL)…
Boeing (NYSE: BA) said it has received an $18 billion order. “Dubai-based Emirates Airline today announced an order for 50 Boeing 777-300ERs (Extended Range) plus options for an additional 20 of the popular twin-aisle…
Japan has a corporate scandal all of its own, proof the larceny and bad management are without borders. An investigation into hundreds of million of dollars in concealed losses at Olympus has caused one…
Updated throughout the day. Citigroup (NYSE: C) has sold EMI’s record business to Vivendi Universal and its publishing business to a group which includes Sony (NYSE: S) Facebook is near a privacy settlement with…
Nouriel Roubini wrote a column for the FT in which he said Italy may have to leave the eurozone. The reason would be that Europe would not have the capital to bail the country out. This…
Nabors Industries (NYSE: NBR) is the subject of an SEC investigation into management perks. The Wall Street Journal reports that one concern is the use of private planes by executives. CEO Eugene Isenberg received…
Market focuses on Italy. The market’s focus on the European sovereign debt crisis has moved firmly from Greece to Italy. And Italy has little time to resolve its budget problems as investors continue to drive…
Because of the recession, the poor continue to lose the ability to pay for sufficient food. It is another sign that the financial situation of the lower class has become decoupled from that of…
The ability to afford theme park visits is a good proxy for the financial health of the middle class. The parks that Walt Disney (NYSE: DIS) runs require the visitor to pay for airline tickets…
The Obama administration must believe that environmentalists, particularly those in Nebraska, will hit the polls in force when the 2012 national election comes. The State Department said it would delay a decision about the Keystone…
During the 2008 credit crisis, U.S. regulators worked weekends to make certain that negative news about the nation’s banking system could be offset by policy decisions before Asian markets opened Monday. Financiers tried similar tactics…
Italy to vote on sharp budget cuts as the U.S. calls for sharper ones. (Reuters) The State Department will look for a new route for the Keystone pipeline to satisfy opponents. (Reuters) Private equity…
Starbucks (NASDAQ: SBUX) bought Evolution Fresh. The coffee company said, “Evolution Fresh is one of the only true juiceries left in the industry that still cracks, peels, presses, and squeezes its own raw fruits and…
The Nikkei closed up 0.16% to 8,514 on faint hopes that the Italy situation will begin to resolve with the election of a new government. The Hang Seng was higher by 0.91 to 19,137.…
Updated throughout the day. The CEO of Zynga has tried to get restricted shares back from some employees (WSJ) The State of Michigan may take over control of troubled city Flint (WSJ) Mario Monti…
Italian bonds yields drop. The Italian two-year note yield slid 53 basis points, after jumping 82 basis points yesterday. The level, a recent low, probably will not hold. Yields were well above 7% yesterday.The yield continued…
It seems hard to draw a direct line from the sovereign debt crisis in Italy to China’s recent trade balance figures. But the line can be drawn and may have been already. The relationship between…
No matter how much better the real estate market appears to be or how much worse it actually is, two states cannot escape a collapse that has continued for three years. Californian and Nevada…