by Nicholas Kusnetz, ProPublica, April 18, 2011, 4 p.m. ThinkstockA report released Saturday confirmed details about what many already knew was happening: gas drillers have injected millions of gallons of fluids containing toxic or carcinogenic…
State legislators are going to be tempted to follow the dictate of that fiscal expert Mae West who famously opined that “too much of a good thing is wonderful.” Of course, the film star…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Seagate Technology PLC (NASDAQ: STX), Texas Instruments (NYSE: TXN), and Zions Bancorporation (NASDAQ: ZION).…
Update throughout the day. The US Treasury may sell its shares in GM (NYSE: GM) soon (WSJ) Vendanta Resources bought 11% of Cairn India (Reuters) Sprint-Nextel (NYSE: S) will license part of its network…
Almost no one mentions also- ran handset company Sony Ericsson anymore. The firm lost money and market share over the last two years. That trend may be in reverse now. Sony Ericsson sold 8.1…
The US Treasury may want to wait a few years to sell its portion of GM. The federal government put $50 billion of taxpayer money into the largest US car company (NYSE: GM) as…
BP plc (NYSE: BP) was forced by the US government to set up a $20 billion claims facility to cover costs from the Deepwater Horizon disaster. The money was meant to make businesses and…
Here is the sad fact about health care: there is often little relationship between what is spent on medical care and the results. Nations like the US, which not only have huge health care…
Poor trading results are likely to hurt Goldman Sachs Group (NYSE: GS) earnings (Reuters) Japan’s government, which owns billions in US papers, stated it had confidence in the value and future of Treasuries (Reuters)…
Research In Motion (NASDAQ: RIMM) is based in Canada but it is listed on the Nasdaq and a large portion of its investor base is in America. RIM is an unusual corporation from a…
President Obama’s budget numbers don’t add up. At least, that’s the conclusion of the Tax Policy Center, which is run by the Urban Institute and Brookings Institution, which took issue with his claim that…
by Jesse Eisinger, ProPublica, April 13, 2011, 4:28 p.m.March 30, 2011 In the aftermath of the financial crisis, nobody has gone to prison and there haven’t been any serious structural changes in the financial…
Congress and the Administration may finally be under the outside pressure to deal with the budget deficit that has not been bought upon them by voter sentiment, economist comments, or concerns from the Federal…
Updated throughout the day. The NYSE (NYSE: NYX) wants a fee from Nasdaq (NASDAQ: NDAQ) to begin M&A negotiations to be paid in the event that a transaction is blocked for antitrust reasons (Reuters)…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Biosante Pharmaceutical Inc. (NASDAQ: BPAX), Identive Group, Inc. (NASDAQ: INVE), and Nokia Corporation (NYSE:…
Americans are divided about whether their tax rates are too high or about right. That has to make it harder for members of Congress as they try to decide whether voters want lower taxes. …
There are green lights as far as can be seen on the boulevard of the American economic recovery. The National Association of Business Economics says in its latest survey “Job creation in the quarter,…
The fear of a contagion among EU nations which need or want bailouts has changed over the past few days to a concern about how one default could trigger many others. For months, economists…
NYSE (NYSE: NYX) wants a large fee from Nasdaq (NASDAQ: NDAQ) in the event that a merger is not be hampered by antitrust investigators. (Reuters) Synthes said it was in buyout talks with Johnson…
Most taxpayers get an image of a medieval torturer cracking a whip on some poor, innocent person in their heads when they think about the IRS or taxes in general. Hating the IRS may…