24/7 Wall St. wrote Baidu (NASDAQ: BIDU) and Microsoft (NASDAQ: MSFT) about their new English search joint venture and the response was “Baidu and Microsoft announced that Bing, Microsoft’s decision engine, will provide English…
Congress and the Administration are closer to a conclusion of negotiations on the debt cap (Reuters) The finance minister of Greece said its viability is essential to the euro zone (Reuters) Canon may build…
For the first time in U.S. history, America is fighting wars — in Iraq, Afghanistan, and Pakistan — funded almost entirely by U.S. government borrowing. This is according to Catherine Lutz, Professor of Anthropology and…
The portion of the U.S. population that is under 15 years of age has dropped slightly during the last decade, and the ripple effect of this already has repercussions on the economy. While the…
The site FoxNewsPolitics.com, part of the online presence of the huge Fox and Fox News online presences was hacked. Malicious tweets said President Obama had been killed. Obama is actually safe on a July…
HTC announced fiscal third quarter results. The information was good for HTC but not good for rival smartphone firm, Blackberry maker Research In Motion (NASDAQ: RIMM). HTC said revenue more than doubled to $4.3…
S&P warned Greece of default risks tied a rescue plan set by French banks (Reuters) Exxon Mobil (NYSE: XOM) said one of it pipes leaked into a Yellowstone river (Reuters) The Nikkei hit 10,000…
The will of Greece’s parliament to institute austerity measures was tested to the break point last week. Plans to reduce the deficit carried by a razor thin margin. It turns out that the margin…
The largest deposit of rare earth metals have been found underneath the Pacific Ocean. Its presence could eventually break China’s grip on inventories which have worried industrialists worldwide. The Nikkei writes: Deep in the…
June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales rose 13.3%…
Investment bank UBS suggested that smartphone sales have slowed and the the weakest companies in the sector, which includes Motorola Mobility (NYSE: MMI) , might be crippled long-term Best Buy (NYSE: BBI) was hit…
Visa gained over 14% during the week on news that “the Federal Reserve would increase its proposed cap on interchange fees charged to by large banks to merchants to process debit card purchases from…
By Nicholas Kusnetz ProPublica, June 30, 2011, 12:15 p.m. Energy companies have spent the last couple of years fighting off added government regulation, saying red tape is slowing development. But recent data show that…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Apollo Group Inc. (NASDAQ: APOL), Blackboard, Inc. (NASDAQ: BBBB), and Dendreon Corporation (NASDAQ: DNDN).…
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…