While many individual Americans are struggling financially, some of the largest corporations in the United States are sitting on billions in cash. Moody’s pointed out in March that U.S. nonfinancial companies’ cash holdings rose to…
Month after month, Comscore puts out U.S. search engine market share data. Month after month, the leader by an extraordinary margin is Google (NASDAQ: GOOG). August was no exception with Yahoo! (NASDAQ: YHOO)…
Everyone has been big on the launch of the Apple Inc. (NASDAQ: AAPL) iPhone 5 as one of the most telegraphed smartphone releases to date. What is so unique here is that…
Digital media research firm comScore Inc. (NASDAQ: SCOR) has released its ranking of the top 50 U.S. web properties for August and the list is topped, once again, by the usual suspects.…
Coverage of the appearance of Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg at a conference run by tech news site TechCrunch was widespread. Zuckerberg said he was disappointed by the performance of Facebook stock…
A JP Morgan Chase & Co. (NYSE: JPM) analyst speculated that sales of the new Apple Inc. (NASDAQ: AAPL) iPhone 5 could add “between 0.25% and 0.5% to annualized economic growth in the fourth quarter.”…
Hewlett-Packard Co. (NYSE: HPQ) will lay off 29,000 people instead of the 26,000 it originally announced as it struggles to improve performance. Royal Philips Electronics N.V. will cut the 2,200 jobs it…
Privately held toy retailer Toys “R” Us announced today that it will offer a proprietary tablet device for kids called “tabeo” only at its own stores beginning October 21st. The new device…
General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters) China…
When Nokia Corp. (NYSE: NOK) unveiled its new Lumia 920 and Lumia 820 smartphones earlier this week, the company’s already barely visible share price took a few more lumps. The phones were…
U.S. retail sales of video games, controllers and gear fell 20% in August compared with sales in the same month a year ago, according to a report from research firm NPD Group.…
bfishshadow via Wikimedia CommonsThe Nasdaq Composite Index reached an intraday high of 5,132.52 on March 10, 2000, and closed an at all-time high of 5,048.62 the same day. The close yesterday was almost…
Poor jobless figures may force the Fed to adopt QE3. (Reuters) BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill.…
NokiaNokia Corporation (NYSE: NOK) is not exactly deemed a winner after its smartphone debut this week with the Windows 8 smartphones powered by Microsoft Corporation (NASDAQ: MSFT). Or is it? The Wall…
The total number of people who play video games in the United States fell from 2011 to 2012. This represents another challenge to major console manufacturers, particularly Microsoft Corp. (NASDAQ: MSFT), Sony…
