Economist Joseph Stiglitz would win the Nobel Prize for plain talk if such an thing were ever awarded. Stiglitz, a professor at Columbia University, had a simple message today for political leaders in European…
Today’s alternative energy news leads off with a warning from Evergreen Solar, Inc. (NASDAQ: ESLR) that it may not be able to continue as a “going concern.” The state of Connecticut has rejected 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…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of NVIDIA Corporation (NASDAQ: NVDA), Penson Worldwide (NASDAQ: PNSN), Vermillion, Inc. (NASDAQ: VRML), and Yahoo! Inc.…
Updated throughout the day Google (NASDAQ: GOOG) is about to settle government charges over millions of dollars in bad pharma ads it ran (WSJ) China will limit rate increases for the balance of the…
Germany’s GDP rose by 1.5% in the first quarter. France’s was higher by 1%. The numbers are nothing to brag about, but they are far better than those of the weak economies of Ireland,…
AAA Daily Fuel Gauge: $3.982 The price of gas ticked down yesterday from $3.984 the day before and the same figure a week earlier. The daily gas price watch has become so popular the…
Facebook hired WPP Group PLC’s Burson-Marsteller to get journalists to write negative things about Google’s (NASDAQ: GOOG) practice of collecting private data from its users. That makes Facebook look cunning, unethical, and naive. It…
As state budgets strain under huge debt loads, they are counting increasingly on “sin taxes”, one of the few reliable sources of revenue in these uncertain economic times. States have profited from the public’s …
Taxes are a major hurdle in budget negotiations (Reuters) The IMF warned the sovereign problems of weak EU nations could spread to other (Reuters) Brent crude remained at recent levels even though some data…
Non-profits are being squeezed like they have never been squeezed before by state and local governments, and the situation is only going to get worse. Providence Mayor Angel Tavares, whose city faces a $110…
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. Takeda may buy Nycomed for $12 billion (Reuters) AIG (NYSE: AIG) may cancel its $9 billion stock offering (Reuters) Goldman Sachs has a deal with the Chinese government to launch…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Cisco Systems, Inc. (NASDAQ: CSCO), iShares Silver Trust (NYSE: SLV), and Wilshire Bancorp, Inc.…
Foreclosures reached a 40-month low in April, and the news is more negative than positive. Real estate research firm RealtyTrac reported that its U.S. Foreclosure Market Report for April 2011 showed foreclosure filings —…
Cisco CEO John Chambers should get to live through the disgrace of rebuilding the company he made and to stand at the door of the firm and hand out the pink slips. One of…
GS.COMGoldman Sachs Group (NYSE: GS) may be the most hated large financial firm in the world. That does not seem to have hurt its business prospects. It may even help them. Companies who need…
The nation’s public transit systems are rated on everything from cleanliness to on-time performance. A unique report issued by the Brookings Institution seeks to add a new and potentially useful metric — their ability…
The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well. (Reuters) Taketa may take over Nycomed for $14.2 billion. (Reuters) Cisco (NASDAQ: CSCO) warned…
> Amount Paid: $39.6 Million > Days Worked: 1,033 Days > Amount Paid Per Day: $38,335 J. Raymond Elliott, the chief executive of medical device maker Boston Scientific, has announced that he will be…