thinkstockGlobal bank layoffs reach 160,000. (Reuters) Christine Lagarde of the International Monetary Fund says it is essential that the European Union make a deal to rescue Greece. (Reuters) The U.S. Postal Service…
ThinkstockAlmost every major point in the Gartner third-quarter mobile phone report was expected. Sales rose 47% over the same period last year to 428 million. Samsung extended its lead as the largest…
courtesy of BlackberryNow that Research in Motion Ltd. (NASDAQ: RIMM) has announced a launch date for its new BlackBerry 10 smartphones and operating system, the $64 question is whether anyone will care…
courtesy of SamsungResearch firm Gartner says that worldwide sales of mobile phones to end users declined 3.1% year-over-year to nearly 428 million units in the third quarter of 2012. However, smartphone sales,…
ThinkstockGovernments have been using Google Inc.’s (NASDAQ: GOOG) flagship product to spy on people. A nicer way to put that, rather than “spying,” is “government requests” that Google receives as part of the…
Trey Thoelcke Courtesy of Tesla MotorsA Scary Federal Budget Deficit The federal budget deficit rose 22% in October to $120 billion, compared to the same period last year. Most analysts believe that the figure…
Douglas A. McIntyre courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) has the most successful retail stores by a wide margin. According to RetailSails, a retail and consumer goods consulting firm, the tech giant’s 372 worldwide…
Wikimedia CommonsThe U.S. District Court in Seattle today kicks off the latest patent royalty payment battle, this one between Microsoft Corp. (NASDAQ: MSFT) and Google Inc. (NASDAQ: GOOG). The two combatants have…
courtesy of AOL, IncThe head of Microsoft Corp.’s (NASDAQ: MSFT) Windows unit, Steven Sinofsky, suddenly leaves the company, not long after the launch of Windows 8. (Reuters) U.K. lawmakers attack Starbucks Corp.…
courtesy of BlackberryBlackBerry maker Research in Motion Ltd. (NASDAQ: RIMM) today announced that its newest smartphones and operating system — BlackBerry 10 — would launch worldwide on January 30. The Canadian-based company…
Wikimedia CommonsGoogle Inc.’s (NASDAQ: GOOG) Transparency Report showed a sharp drop in traffic from China. The cause is not known, but it could be that the central government does not want its…
ThinkstockMore Greek Troubles As hard as it seems to be to believe, the crisis in Greece continues, and may have gotten worse. The nation’s parliament has voted through an extreme austerity budget…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: Germany wants to examine the growth and troubles with the French economy. (Reuters) Google Inc. (NASDAQ: GOOG) will add $300 million a…
Douglas A. McIntyre ThinkstockApparently many executives decided to sell shares right before the presidential election. This is not an assumption that anything is wrong in the companies because insiders can sell shares for a myriad…
