Apple (NASDAQ: AAPL) will challenge Google (NASDAQ: GOOG) with its own map service. (Reuters) A Manpower Group survey shows that companies in most parts of the world do not want to add…
As new regulations have eaten into their profits, banks have looked for new ways to increase revenue from their customers. Many banks tried, unsuccessfully, to implement debit card fees. More successful for…
China’s growth slows in May. (Reuters) Troubles in Europe and the slowing of emerging economies threaten U.S. company earnings. (Reuters) China’s exports rose rapidly in May, which may help its domestic economy.…
Fitch has already warned today that if the United States dos not get a credible fiscal plan after the elections that it would likely downgrade the United States’ sovereign credit rating. Now…
SNL Financial has released its list of largest banks by assets and deposits. The list is as you might expect with the large money center banks being ranked, but where some of the…
Often, the media discusses the issue of high CEO pay, but what about high pay for members of the board? More than a dozen public company boards had directors whose compensation averaged…
The country’s largest financial institutions are having another good day today, despite the announcement by the European Central Bank (ECB) early this morning that it would not be lowering interest rates. Shares…
Nasdaq (NASDAQ: NDAQ) will announce what compensation it will give Facebook (NASDAQ: FB) brokers. (Reuters) The European Union continues to look at ways to help the region’s damaged banks. (Reuters) Spain says it has…
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the consensus estimate.…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
While everyone remains focused on the jobs report and the European meltdown, investors are having a harder and harder time finding real investment returns. Germany actually saw negative yields briefly on the…
China’s PMI indicates a considerable slowing of its economy. (Reuters) Senior EC and ECB officials warn that the eurozone is on the brink of a calamity. (Reuters) Problems at Research In Motion (NASDAQ:…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
The appointment of former politicians to large public companies’ boards is regularly called into question. Just recently, following the scandal at Chesapeake Energy (NYSE: CHK) when CEO Aubrey McClendon made investments in…
The board and management of Research In Motion (NASDAQ: RIMM) apparently would like to sell the company. That will not happen. It is not a good fit with any of the potential…
