That didn’t take long. Two weeks ago the government of India approved legislation that would permit non-Indian majority ownership of multi-brand retail operations. The new legislation has opened the door to foreign…
Paul Ausick General Electric Co.’s (NYSE: GE) current management never has liked being reminded of the conglomerate’s share price when superhero CEO Jack Welch left almost 12 years ago. Shares traded at approximately $37 when…
The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for…
The real trouble for U.S. companies that operate abroad is supposedly sales in the European Union. Legions of public corporations with significant portions of their revenue from the region will report that a slow…
Google Inc. (NASDAQ: GOOG) recently claimed to be activating 1.3 million Android-based smartphones every day. All those phones need apps from Google’s Play (apps) store, and the company announced on its blog…
Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that trade on…
Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per employee. Companies that can achieve the highest revenue with…
From October through December last year, U.S. retail payrolls added 660,200 workers according to outplacement firm Challenger, Gray & Christmas. That was barely more than the 647,600 seasonal workers added in 2010.…
Breaking with its past practice, Wal-Mart Stores Inc. (NYSE: WMT) said today that it plans to hire about 50,000 seasonal workers and to boost hours for its regular employees during the 2012…
CIA World FactbookThe coalition government of India took a major hit today with the defection from its ranks of the Trinamool Congress party. The exit of the six Trinamool ministers will not…
Paul Ausick The new Apple Inc. (NASDAQ: AAPL) iPhone 5 brings in long customer lines in Asia. (Reuters) Apple’s map application receives poor reviews. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) says it will no…
In a move no doubt designed to stop supporting one of its main online rivals, Wal-Mart Stores Inc. (NYSE: WMT) will no longer sell the Kindle family of e-readers and tablets from…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
The number of U.S. smartphone owners who use either their mobile browser or a dedicated app to visit a retail site totaled 89.5 million in July, representing about 4 out of every…
Traditionally, consumers have either saved up for Christmas and holiday gift spending or added balances to their credit cards. That was before the recession and before the value hunt took off. The…
