The first votes are in on the pricing scheme introduced in July by Netflix, Inc. (NASDAQ: NFLX) and it appears that the company’s subscribers are voting with their feet. Netflix now expects…
Best Buy needs new leadership. The current CEO, Brian J. Dunn, has had his chance to turn the company around. Nearly every news report about Best Buy’s (NYSE: BBY) poor earnings carried…
If you can’t dazzle them with your brilliance, then try baffling them with your footwork. That appears to be how Best Buy Co., Inc. (NYSE: BBY) is selling its weak second quarter…
Updated throughout the day. Amazon.com (NASDAQ: AMZN) will create a digital library (WSJ) Verizon (NYSE: VZ) will not longer pay a recurring dividend to Vodafone (NYSE: VOD) based on co-ownership of Verizon…
The California legislature has passed a bill that gives Amazon.com (NASDAQ: AMZN) until September 2012 to pay state taxes on its e-commerce sales there. Governor Jerry Brown still has to sign the…
Douglas A. McIntyre Carol Bartz resigns from Yahoo!’s (NASDAQ: YHOO) board. (Reuters) Lagarde disputes reports of an IMF study that shows a $372 billion capital shortfall among Europe’s banks. (Reuters) Bank of America’s (NYSE: BAC)…
The job market has remained relatively stagnant since 2009. To make matters worse, the educational requirements of the average U.S. employer have increased consistently from 2005 to 2009, recently outpacing the growth…
Obama proposes a $447 billion job stimulation package. (Reuters) Economic problems to be the focus of G7 meetings. (Reuters) One Super Congress member threatens to quit over concerns about military budget cuts.…
Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the government pays…
Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT) Lockheed Martin (NYSE: LMT)…
What a difference a couple of months can make. Netflix, Inc. (NASDAQ: NFLX) has gone from the hottest controversial stock in the market to a controversial stock in trouble, and the drop…
Apple (NASDAQ: AAPL) may be able to hold on to the market share the iPad has in the U.S. The battle for the second, third and fourth places has become more bloody…
U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters) The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters) Experts cut expectations…
It has been said and written a hundred times: Sir Howard Stringer is the wrong person to be CEO of Sony (NYSE: SNE). It is possible that no CEO could save Sony…
So what if Hewlett-Packard Co. (NYSE: HPQ) cannot keep its tablet PC efforts straight. The raw success of the iPad from Apple Inc. (NASDAQ: AAPL) is emboldening new tablet competition just at…
