The Republicans released their proposed financial plan and it aims to balance America’s budget by 2015. Called “The Path To Prosperity: Restoring America’s Promise”, its success is based as much on tax modifications as…
The concerns over government spending and the need for a new budget in Washington grew as Tim Geithner said the Treasury would be out of money before mid-May. Members of Congress hardly seem to…
Note: The Flame Index scans thousands of news sites 24 hours per day and ranks companies getting the most negative press right now. The Flame Index Media Analysis Algorithm crunches the data for an…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Cubist Pharmaceuticals (NASDAQ: CBST), Expedia, Inc. (NASDAQ: EXPE), and SemiLEDs Corporation (NASDAQ: LEDS). Cubist…
Updated throughout the day. The FTC will begin an antitrust probe into Google’s (NASDAQ: GOOG) search business (Bloomberg) Living Social will raise $400 million (WSJ) Douglas A. McIntyre
Economists and the media continue to say that no one can predict when the price of gas will hurt consumer spending, damage business profits, and slow economic growth. There is no need to worry…
The burden of property taxes occurs several ways. The first is their cost. Others are relative–what someone pays in relationship to theoretical value of their homes. Another is the percent a homeowner pays of…
Texas Instruments (NYSE: TXN) will buy National Semiconductor (NYSE: NSM) for $25 a share in cash. The total value of the transaction is $6.5 billion. That price is 78% above where National Semi traded…
Like Microsoft (NASDAQ: MSFT) and IBM (NYSE: IBM) before it, Google (NASDAQ: GOOG) has become two or three companies. Its dominant business of search is no longer much of a growth engine. And, the…
Moody’s downgraded Portugal again, this time to Baa1 from A3. The credit rating agency also said the outlook for the nation’s financial prospects was negative. Moody’s might as well have cut the grades for…
Republicans plan to cut $6 trillion from the budget over the next decade (Reuters) Google (NASDAQ: GOOG) may be investigated by the FTC (Bloomberg) The FAA will begin inspection of most older Boeing (NYSE:…
There are ten major technology stocks that have outperformed Apple (NASDAQ: AAPL) this year. Apple’s earnings will be announced shortly, and although some analysts are still raising earnings estimates and stock price targets, the…
Comscore reports that Apple (NASDAQ: AAPL) had 66.7 million unique visitors to its website in February. That is more than The New York Times (NYSE: NYT) digital properties or eBay (NASDAQ: EBAY) It is…
Here’s the thing about the Republican plan to cut $4 trillion in government spending: It’s not going to happen. Odds are better that House Speaker John Boehner would sooner dance the cha-cha with Democratic…
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. Interpublic owns a piece of Facebook worth $300 million (FT) Wachovia will face government charges for its sales of subprime mortgage paper (WSJ) BP plc (NYSE BP) is close to…
Tax authorities find it hard to ferret out how rich people hide their money. The IRS says it has increased its audit of millionaires. The Greeks say that they have begun a program to…
Nuclear energy has gone out of vogue. The price of gasoline has risen quickly. And, now, the price of ethanol is about to soar. Corn prices have doubled to nearly $7 a bushel. Farmers…
Americans are preyed upon. They either do not protect their own interests or the government does not do enough to prevent fraud and identify theft. Clever criminals have ways to stay ahead of their…
Data mistakenly released by Epsilon compromised the personal security of millions of people including customers at Citigroup (NYSE: C), Capital One (NYSE: COF), and Tivo (NASDAQ: TIVO) (Reuters). Tepco used a number of new…