courtesy Best Buy Co. Inc.The fog of war has enveloped estimates of retail activity over the Thanksgiving/Black Friday weekend. That does not matter much; only the numbers for the entire period from…
ThinkstockWhile it is too early to say which individual companies have benefited the most, holiday e-commerce sales surged past $1 billion, according to research firm Comscore. It remains likely that the normal…
courtesy Wal-Mart Stores Inc.Walkouts and protests, notwithstanding, Wal-Mart Stores Inc. (NYSE: WMT) said that today’s Black Friday shopping numbers are the retailer’s “best ever.” From 8:00 p.m. through midnight last night, Walmart…
Paul Ausick courtesy Making Change at Walmart and UFCWEmployees of Wal-Mart Stores Inc. (NYSE: WMT) began their promised job walkouts last night at Walmart stores in Miami, Dallas, Wisconsin and the San Francisco Bay…
Paul Ausick courtesy of Wal-Mart Stores Inc.The Wal-Mart Stores Inc. (NYSE: WMT) bribery probe has widened. It began last April when The New York Times reported that officials of Walmart Mexico had bribed government…
Trey Thoelcke ThinkstockGreek Bailout Coming Soon? The latest rumors about Greece’s bailout suggest that a deal will be done soon. Only last week, battles among Germany, most European Union finance ministers and the International…
Wikimedia CommonsOnce a month, research firm Comscore releases a list of the 50 largest websites in the United States by traffic. Month after month, even year after year, Amazon.com Inc. (NASDAQ: AMZN)…
thinkstockWal-Mart Stores Inc. (NYSE: WMT) India suspends some employees as it begins a bribery investigation. (Reuters) PMI data for Europe drops to 2009 lows. (Reuters) S&P confirms its AA+ rating of France…
courtesy of Wal-Mart Stores Inc.The National Labor Relations Board (NLRB) said last night that it was unlikely that the agency will reach a decision in the labor complaint filed by Wal-Mart Stores…
Paul Ausick ThinkstockThe gap between rich and poor is well illustrated by the large multi-billion dollar corporations employing thousands of low-wage workers. With the Great Recession over, not only are many of these companies…
courtesy of AOL, IncA patent case between Microsoft Corp. (NASDAQ: MSFT) and Google Inc. (NASDAQ: GOOG) draws to a close. (Reuters) The European Union and International Monetary Fund fail to reach a…
courtesy of Groupon Inc.An SEC filing shows that Tiger Global has taken a 65 million share position (9.9%) in Groupon Inc. (NASDAQ: GRPN). That certainly will press its shares higher, at least temporarily.…
courtesy of Hostess Brands Inc.Twinkies Hoarders Disappointed Some Americans hoarded all the Hostess Twinkies they could find once the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the…
thinkstockNew York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters) France loses its Moody’s Aaa rating. (Reuters) The ITC will go over a judge’s decision…
courtesy of Wal-Mart StoresWal-mart Stores Inc. (NYSE: WMT) announced this morning that its board of directors has approved a change to the payment date for the company’s fourth-quarter dividend. The new date…
Paul Ausick 