The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In…
It was twenty-five years ago today that the 1987 stock market crash came. Fortunes were lost on that day, but fortunes were also made in the aftermath. The NYSE was said to…
Economists and researchers believe data for the fourth quarter demonstrate that the fiscal cliff could hammer growth between now and year’s end. If so, the stock market may take a steep tumble as it…
The defense industry has been warning about the effects of the coming fiscal cliff for several months now. If Congress fails to come to a resolution on how the U.S. will begin…
Workers at a manufacturing facility of China’s Foxconn “struck” the company twice over the weekend, or once, or not at all, depending on the source of the information. Most likely, two labor disruptions occurred. The…
The founder of Best Buy Co. Inc. (NYSE: BBY) is well along with an $11 billion buyout plan. (Reuters) As some companies leave Spain, the nation’s tax base falls. (Reuters) China’s services…
The Boeing Co.Boeing Co. (NYSE: BA) lost a round in its effort to settle labor issues with its engineers. The Society of Professional Engineering Employees in Aerospace said that more than nine…
Trey Thoelcke Ban on Galaxy Tab Sales Lifted Despite efforts by Apple Inc. (NASDAQ: AAPL) to shut down the sales of the Samsung Galaxy Tab 10.1 in the United States, a court has decided…
A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters) Germany wants Spain to delay a request…
In a long-running dispute over subsidies paid to aircraft makers, the European Union (EU) today sought permission from the World Trade Organization (WTO) to impose $12 billion in tariffs on U.S. made…
Paul Ausick This Thursday brought a slew of data on the economic front. We had durable goods, weekly jobless claims, and there was even a Q2 final revision for gross domestic product. The final…
Jon C. Ogg The Business Roundtable’s CEO Economic Outlook Survey for the third quarter of 2012 is out, and the word to describe the report would be cautious. The report shows that CEOs are again…
Last year, U.S. exports to China topped $100 billion for the first time. The country is now the third-largest importer of U.S. goods, behind Canada and Mexico. The total value of products…
Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters) Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung,…
Senior members of the U.K. government have told the Sunday Telegraph that the EADS “merger” with BAE could be challenged in Parliament. The deal is already controversial because it might create a new monopoly in…
