Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in profits in…
If Germany and Greece were a married couple, they would be headed for divorce. Like many faltering relationships, it comes down to money. Germany, Europe’s largest economy, has plenty of it and Greece, facing…
Source: OECD Statistics Moody’s threatened to downgrade America’s sovereign debt primarily because the Democrats and Republicans cannot settle on a compromise to increase the debt cap. The action will probably add pressure to House…
by Paul Kiel, ProPublica, June 2, 2011, 9:48 a.m.by Paul Kiel, ProPublica, June 2 Chanel Rosario was supposed to be one of the lucky ones. After years of sending and re-sending documents, waiting on…
House Speaker John Boehner (R-OH) is finally saying something sensible about the debt ceiling. Speaking to reporters in Washington after a meeting Wednesday with President Barack Obama, the Ohio Republican argued that he wants…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Apollo Group, Inc. (NASDAQ: APOL), Corinthian Colleges, Inc. (NASDAQ: COCO), and Star Scientific (NASDAQ:…
Twitter has, by most estimates, 175 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. PE firm Gore is in talks to buy part of Borders (WSJ) SAC will be probed for its use of “expert networks”. (NYT) Microsoft (NASDAQ: MSFT) will but Nokia (NYSE:…
Costco (NASDAQ: COST) released May figures. They looked good at first, but a close examination shows that the big box retail chain’s revenue barely kept up with same-store sales growth last month. Costco began…
The IATA, the voice of the global airline industry, says that business has returned to pre-recession levels. There are still some troubles that could keep costs high and undermine the recovery. But, for now,…
It has been generally assumed that many Americans would like to retire at the traditional age of 65. They will only work longer because the credit crisis and housing market collapse have robbed them…
Vice President Joe Biden spent much of last weekend speaking about the value of the federal government bailout of Detroit. Treasury Secretary Timothy Geithner and President Barack Obama have made similar comments. The White…
May retail sales may be hurt by a weakened economy. (Reuters) Some Fed officials believe that poor jobs results should cause interest rates to stay low. (Reuters) An academic models shows LinkedIn shares traded…
The average American spends about 13 minutes a day preparing and eating breakfast, the meal nutritionists consider to be the most important of the day, according to NPD Group. Increasingly, people are eating less…
Some portions of the population of the People’s Republic cannot help themselves. Google’s Gmail system is broken into with greater and greater frequency. The most serious battle was in early 2010 when a number…
by Marian Wang. ProPublica, May 27, 2011, 11:33 a.m.May 26, 2011May 27, 2011 As part of their government-brokered bankruptcies, American auto giants Chrysler and General Motors were released of some legal liability for product…
China’s three largest mobile phone operators are all being investigated for corruption by the Chinese Communist Party’s Central Commission for Discipline Inspection. So far, at least three managers have been forced to turn in…
Americans may not be rioting the streets over austerity policies to the extent they are in Europe. Smaller-scale skirmishes, however, are erupting in state capitols, and in the cases of Minnesota and Iowa, may…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Jos. A. Bank Clothiers (NASDAQ: JOSB), Orexigen Therapeutics (NASDAQ: OREX), and Televent GIT, S.A.…
Twitter has, by most estimates, 175 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…