Updated throughout the day. FCC will spend $8 billion from a special fund to extend broadband to areas with low popularity (NYT) Yahoo! (NASDAQ: YHOO) will launch vertical mobile sites (NYT) Goldman Sachs (NYSE:…
The oil minister of Venezuela, Rafael Ramirez, said a shutdown of the Suez Canal could push oil prices above $200. “There is sufficient oil (in the market) and there have been no interruptions, but if they…
The New York Times reports that the FCC will announce intentions to use about $8 billion from the Universal Service Fund for rural broadband. The fund taxes phone bills to help underwrite telecom service to…
To state the obvious, there is only so much farmland in the US. The National Cotton Council of America says that farmers will plant 14% more cotton this year compared to last. NCC Vice President…
A number of news media have recently reported that Nokia (NYSE: NOK) CEO Stephen Elop will replace a large number of the top managers at the world’s largest cellphone company. Among the executives who…
AOL (NYSE: AOL) bought The Huffington Post for $315 million of which $300 million is cash. Huffington management will run all AOL content sites. The combined US audience of the two companies will be…
AOL (NYSE: AOL) bought the Huffington Post for $315 million. (Reuters) Sanofi-Aventis and Genzyme (NASDAQ: GENZ) are closer to a deal (Reuters) Hackers who broke into the NASDAQ will undermine investor confidence. (Reuters) A…
There are several states in the U.S. that are losing the eduction race to most of the others. In the past decade, these states have declining math and reading scores, lower numbers of people…
The jobs that might have been created in 2010 but were not are largely due to small businesses which could not afford to add the workers they needed to. According to a new Gallup…
Apple (AAPL) may make significantly more money from its new iPad that it has on any other product it has launched since 2001 when the iPod came to market. Research firm iSuppli expects tablet…
President Obama said in his weekly address that American businesses should increase their hiring and spending but did not say that the government would do anything meaningful to either stimulate the economy or cut…
S&P 500 WEEK: BOTTOM 10 (28 JAN-03 FEB) Ticker Weekly Price Change (%) Close Price 03Feb11 Close Price 28Jan11 PACCAR Inc PCAR -7.9 50.50 54.82 Genworth Financial Inc GNW -7.4 12.83 13.85 GameStop Corp.…
S&P 500 WEEK TOP 10 (28 JAN -03 FEB) Ticker Weekly Price Change (%) Close Price 03Feb11 Close Price 28Jan11 Market Cap($Mil) MEMC Electronic Materials Inc WFR 21.9 13.41 11.00 3049.8 Electronic Arts Inc.…
Updated throughout the day. New pension finance treatment could change earnings at AT&T (NYSE: T) and Verizon (NYSE VZ). (Bloomberg) Ally picked Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM), and Morgan…
Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Coinstar, Inc. (NASDAQ: CSTR), Power-One, Inc. (NASDAQ: PWER), and JDS Uniphase Corporation (NASDAQ: JDSU).…
Consumers who want an Apple (NASDAQ: AAPL) iPhone from Verizon Wireless can no longer order it online. The Verizon Wireless website posted a message which says iPhone 4. Verizon. It begins.We are no longer…
The average value of a home declined by 25% to 30% from the period from the third quarter of 2005 to the third quarter of last year. The end of 2005 and beginning of…
The fight over the increase in the US debt ceiling is on hold for awhile. The Treasury Department said tax receipts were higher than expected so the ceiling may not be reached before the…
No one knows for certain why food prices around the world have risen so quickly. Ben Bernanke said the Federal Reserve’s Quantitative Easing program is not the cause. He argues that food prices are…
Unemployment most likely improved last month but the jobless rate may rise. (Reuters) JPMorgan (NYSE: JPM) may have ignored signs that Madoff was committing fraud. (Reuters) Ben Bernanke said that if the US debt…