Loopholes, like beauty, are in the eye of the beholder. Whether ’tis nobler to give a leg-up to large corporations or individual taxpayers is a subject of endless debate among business executives, politicians and…
by Marian Wang. ProPublica, May 17, 2011, 10:08 a.m.May 16, 2011 As you may have heard, the federal government hit its $14.3 trillion debt limit yesterday—something the Treasury has been warning Congress about for…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Celldex Therapeutics (NASDAQ: CLDX), Dell Inc. (NASDAQ: DELL), Sodastream International Limited (NASDAQ: SODA), and Staples,…
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. The Administration may promote Obama adviser David Lipton for the No.2 job at the IMF (Reuters) Japan pharma firm Takeda will disclose its buyout of Nycomed (Nikkei) Sprint-Nextel (NYSE: S)…
Howard Stringer, the disgraced CEO of Sony (NYSE: SNE), made the remarkably disingenuous or perhaps naive comment that all Internet systems have the same weaknesses as the hacked PlayStation network. “It’s the beginning, unfortunately,…
What complaints by trade partners, the global recession, and inflation within its borders could not do to China’s expansion, a power shortage may. The Wall Street Journal reports that “Chinese authorities are hitting manufacturers…
It seemed for a while that some experts believed that gasoline prices would not affect consumer behavior much. Statistics showed that people would still take summer trips. Car pools and public transportation would help…
Hewlett-Packard (NYSE: HPQ) earnings were below expectations, but those of Dell (NYSE: DELL) were above. (Reuters) The FCC asked Google (NASDAQ: GOOG) and Apple (NASDAQ: AAP) to attend a meeting on location-based software. (Reuters)…
In 2004, JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon raised plenty of eyebrows when he abruptly canceled a $5 billion outsourcing contract with International Business Machines Corp. (NYSE: IBM), arguing that the Wall…
> Company Market Cap: $79.29 Billion > One-Day Loss in Market Value: $7.84 Billion “We must watch every penny and minimize all hiring,” wrote Leo Apotheker, chief executive of Hewlett-Packard Co., in an email…
New Jersey Gov. Chris Christie (R), who ousted incumbent Democrat Jon Corzine on promises to clean up Trenton’s fiscal house, is the same peculiar situation as his peers in California and Delaware — things…
NYSE (NYSE: NYX) was thrashed as Nasdaq (NASDAQ: NDAQ) and ICE pulled their buyout offer due to regulatory concerns. Hewlett-Packard (NYSE: HPQ) was savaged by the press as information from its CEO about its…
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. BP negotiations on its Arctic drilling deal with Russian interests will continue despite being beyond a deadline (Reuters) The price for the Glencore IPO will be over $8.60 (Reuters) Douglas…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Gulf Resources, Inc. (NASDAQ: GFRE), Hewlett-Packard Company (NYSE: HPQ), Sino Clean Energy, Inc. (NASDAQ:…
When the economy improves, so does the birth rate. That’s why investors should try to be family friendly. 24/7 Wall St. has compiled a list of companies that cater to the wants, needs and…
Someone leaked a memo from new Hewlett-Packard (NYSE: HPQ) CEO Leo Apotheker where he discussed the firm’s dismal near-term prospects. HP shares fell. The large technology company will move up its earnings release for…
The Greek government is between Scylla and Charybdis. It can restructure its debt, which would ruin its ability to raise funds in the capital markets and a cause a collapse of its already unstable…
24/7 Wall St. has done an analysis of the largest companies in the United States based on the size of their portfolios of major consumer brands. Many of these brands are worth billions of…