A huge population of red ants has bedeviled Texas farmers for years. By some estimates the insects cost state businesses close to $1 billion a year due to crop and machinery destruction.…
Reuters Obama hopes to have healthcare bill by July Reuters Documents on Paulson’s meetings with banks forcing them to take TARP have been released Reuters Banks sued MBIA (MBI) over its $5 billion…
Reuters : Intel (INTC) said its results are running better than expected. Reuters : The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the…
Twelve of the Fortune 500 CEOs are women. Just twelve. Over the next year, that number is likely to go up considerably because of a confluence of economic and financial factors that…
Jim Cramer came back on CNBC’s MAD MONEY with a “Part 2” of his basket of 5 speculative technology stocks for investors. The second pick named Tuesday was Brocade Communications Systems, Inc.…
Douglas A. McIntyre By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may…
According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
As the executives at Apple (AAPL) were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. In a…
There have been some pretty poor reports on earnings from DJIA components such as Caterpillar Inc. (NYSE: CAT), The Coca-Cola Company (NYSE: KO), EI DuPont de Nemours & Co. (NYSE: DD), International…
IBM (IBM) has a standout quarter which would be a surprise except that it happens so often. The firm reported first quarter 2009 EPS of $1.70 per share compared with EPS of $1.64 per share…
Douglas A. McIntyre Oracle (ORCL) is in the server business now. So are IBM (IBM), Cisco (CSCO), and Hewlett-Packard (HPQ), but those four companies are fairly evenly matched. HP has annual revenue of more than…
Larry Ellison, who built his reputation on being bad and bold, just got badder and bolder. His Oracle (ORCL) bought Sun (JAVA) making an end-run around IBM (IBM), which had hoped to…
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US…
