Charles Blahous, a George Mason University research fellow, reports that the new health care law could add $530 billion to the deficit. (Washington Post) Fed Chairman Bernanke says many banks need larger…
Markets opened lower this morning on the first trading day in the US following last week’s poor report on non-farm payrolls. Higher-than-expected inflation in China also caused led some observers to suggest…
Despite the fact that Easter and Passover holiday may not be the best time to launch a new product, Amazon. com Inc. (NASDAQ: AMZN) reports that the Lumia 900 from Nokia Corp.…
Lists of top-sellers at single destinations do not always equate to broad-reaching trends around the entire nation nor around the entire globe. Still, when you see a surprise like this it tends…
The promise that AOL’s (NYSE: AOL) patents have value was quickly realized as the firm sold Microsoft (NASDAQ: MSFT) $1.1 billion worth of patents. The patents numbered about 800. The news should…
Douglas A. McIntyre The press covered the decision by Facebook to list on Nasdaq rather than the NYSE (NYSE: NYX) as if a real contest existed between the two exchanges. Facebook could not have done otherwise…
Several media sources report that Microsoft (NASDAQ: MSFT) has given app developers financial incentives to create software for its Windows mobile OS. The operating system, combined with phones from Nokia (NYSE: NOK)…
JCPenney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL), claims this will turn the crippled…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
Research firm comScore Inc. (NASDAQ: SCOR) is out with its report on the US mobile phone market for the rolling three-month period through February 2012. The data shows that 234 million Americans…
A report at The Wall Street Journal’s All Things Digital blog, cites several sources confirming that Yahoo! Inc. (NASDAQ: YHOO) will begin firing workers next week. The company employs about 14,000 people,…
Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index. Its exceptional share performance is worth a substantial portion of…
The Nasdaq has risen 19% in the quarter that is about to end. That is much more than the S&P 500, which is only 13% higher. Many analysts believe that the Nasdaq…
Research firm Nielsen reports that 49.7% of US mobile phone subscribers owned smartphones at the end of February. In February of 2011, that number was just 36%. The leading operating systems vendors…
Baidu, Inc. (NASDAQ: BIDU) is among the latest of companies joining in on the cloud storage initiative. The company’s recent initiative at pan.baidu.com is set to ultimately compete against Microsoft Corporation (NASDAQ: MSFT),…
