In much of the country, access to affordable, high-speed internet is taken for granted. However, in vast sections of the United States broadband internet is either unavailable or too expensive for low-income families. The…
Parties of Merkel and allies parties beaten in Berlin elections. (Reuters) Obama jobs plan geared toward Democrat voters. (Reuters) Greece must take more austerity measures to get bailout money. (Reuters) Moody’s bias on state…
For a day or two it looked as though Boeing Co. (NYSE: BA) had smooth air ahead. The company has been taking orders for its new 787 Dreamliner at a record clip and the…
GM’s (NYSE: GM) bankruptcy was cause by three things, and one of those was labor costs. The car company and the UAW have set a reasonable agreement as they finish contract negotiations and it…
The largest US wireless carrier, AT&T (NYSE: T) is set for a marketing launch of its fourth generation network, LTE or Long Term Evolution. The five lucky cities are Atlanta, Chicago, Dallas, Houston, and…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Research In Motion Ltd. (NASDAQ: RIMM), Yahoo! Inc. (NASDAQ: YHOO), Zogenix, Inc. (NASDAQ:…
The U.S. Postal Service faces a default on its debt obligations. Any solution to that problem is likely to raise the rates that magazine companies and catalogs pay in postage. That could be ruinous…
It may seem naive to say that Netflix (NASDAQ: NFLX) and Research In Motion (NASDAQ: RIMM) have alienated their customer bases, which cost them both millions of users. It is odd that neither knew…
Carol Bartz, former Yahoo! (NASDAQ: YHOO) CEO, was right about one thing. The only way to substantially improve margins was to fire thousands of people. A new owner, if there is one, will have…
Geithner to discuss a bank bailout fund with EU ministers. (Reuters) Research In Motion (NASDAQ: RIMM) results are well below expectations. (Reuters) Several central banks to offer dollars to keep liquidity strong at banks.…
The national poverty and income figures released recently by the government paint a dark picture of the economy. The total number of households living below the poverty line is the highest since 1959, when…
Mobile phone maker Research in Motion Ltd. (NASDAQ: RIMM) reported second quarter fiscal 2012 earnings after the market closed today. The company posted revenue of $4.2 billion and adjusted EPS of $0.80. Analysts were…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Fundtech, Ltd. (NASDAQ: FNDT), Netflix, Inc. (NASDAQ: NFLX), Transcept Pharmaceuticals (NASDAQ: TSPT), and UBS…
Yahoo! Finance: Housing market: Foreclosures rise in August WSJ: Netflix Cuts Subscriber Estimates FT: Return of the rogue trader: UBS has discovered potential losses of $2bn ascribed to “a trader” in its investm… Yahoo!…
The borrow-a-patent, rent-a-patent, buy-a-patent industry is growing by the day. Google (NASDAQ: GOOG) just bought 1,023 patents from IBM (NYSE: IBM). The big hardware company will hardly miss them. It files more than 5,000…
Global policy makers should thank World Bank Group President Robert B. Zoellick for his comments about the future of the economy, though almost all of what he said in a recent address has been…
Americans can see the writing on the wall. The economy is no longer creating new jobs. August unemployment was flat. Private sector job additions have slowed to a few thousand a month. These factors…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and Chrysler extend…
The U.S. Census Bureau released two pieces of widely followed data yesterday — one on poverty and the other on median income for 2010. The most interesting findings in this release were the state-by-state…
Active traders and day traders have many stocks to choose from this Wednsesday morning. We are tracking news and moves in shares of Dell, Inc. (NASDAQ: DELL), Oracle Corporation (NASDAQ: ORCL), JAKKS Pacific, Inc. (NASDAQ: JAKK), Nordstrom, Inc.…