Twitter has, by most estimates, 225 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updated throughout the day. Tim Geithner may leave as Treasury Secretary (various) Private equity firms are looking at Hewlett-Packard (NYSE: HPQ) divisions (Reuters) The FTC may be examining Twitter for antitrust actions (Reuters) Hedge…
The media coverage of Tim Geithner’s future is split. Some news outlets say he will leave after the debt cap debate is resolved — hopefully by August 2. Others claim he has decided to…
The new Consumer Report survey of fast food content and the service quality at fast food restaurants received a great deal of press coverage. Much of it centered on the low nutritional value of…
The Institute for Policy Studies, one of the scores of think-tanks that thinks it knows better how the federal government should be run than Congress or The White House do, issued a new document…
Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did well over…
China’s PMI was at a standstill last month. China’s official Purchasing Managers’ Index dropped to 50.9 in June from 52.0 in May. That was barely higher than the 50 mark that separates expansion from…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT) will cut…
To better understand the current state of the American housing market — and better forecast its future — experts look at a number of economic and financial indicators. Different statistics, such as the size…
All the worries about cold, wet weather and flooding in the Great Plains and the Ohio River Valley have pretty much been laid to rest. The US corn crop is in the ground on…
Battles with the US government hurt several stocks. Raymond James will pay $300 million for disputes over auction rate securities. Monsanto is under investigation for potential illegal payments to customers. HealthSouth was charged for…
It would be hard for the news about the financial status of the US to be worse. The debt cap may not be increased by August 2. Rating agencies have warned of cuts in…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of eBay Inc. (NASDAQ: EBAY), First Solar, Inc. (NASDAQ: FSLR), and Sirius XM Radio Inc.…
Updated throughout the day Zynga may launch and IPO today (Reuters) Living Social will file for an IPO soon (Reuters) American Airline (NYSE: AMR) will get Boeing (NYSE: BA) and Airbus to bid on…
In the most comprehensive study of its type, the Centers for Disease Control and Prevention estimated the cost of obesity at $170 billion a year in 2008 dollars. Twenty five percent of US adults…
Typically, 24/7 Wall St. waits a year – six months in the case of recessions – to report on how our predictions for which brands will disappear turned out. This year we’re reporting on…
American Airlines (NYSE: AMR) has begun to consider replacing 250 of its oldest planes, according to The Wall Street Journal. That is nearly four out of ten aircraft in its entire fleet. AMR’s finances…
The Greek constitution probably allows people to stage peaceful gatherings. It is unlikely that it permits those gatherings to turn into dangerous riots. Many Greek citizens don’t care about those laws and certainly have…
California means to make Amazon (NASDAQ: AMZN) and other e-commerce companies pay state sales taxes on all the goods and services the companies sells in the largest state by population. In response, Amazon said…
Markets expressed concerned about what the Fed will do as QE2 ends. (Reuters) Lloyd’s new CEO may cut 15,000 jobs. (Reuters) Asia will press Lagarde to keep promises she gave while seeking to lead…