Reuters: American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer. Reuters: China said movement on a bill to force revaluation…
Anheuser-Busch InBev plans to give out 500,000 free samples of Budweiser beer over the next few weeks. The offer will target upscale bars and restaurants. According to Reuters, “In addition to the…
Rite Aid Corp. (NYSE: RAD) just can’t seem to get it right. Whatever the strategy is intended to be doing, it needs a real change in the world of a CVS, Walgreen,…
Reuters: The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters: An SEC watchdog said the timing of the charges against Goldman…
The recession is, by the standard measurement, over. The National Bureau of Economic Research’s Business Cycle Dating Committee said the downturn ended in June 2009. Most polls of individuals and company executives…
Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII,…
Ron Bukle’s fierce battle for Barnes & Noble Inc. (NYSE: BKS) is baffling for many reasons. The biggest mystery is why he is bothering at all. Barnes & Noble’s prospects are so…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Reuters: BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million. Reuters: The US said that BP has “killed” the leaking well. Reuters: Bank…
Treasury Secretary Tim Geithner made a weak defense for why the Administration had not named China as a “currency manipulator” when he testified before the House of Representatives Ways and Means Committee…
Douglas A. McIntyre Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has made many changes in portfolio investing approach through time. The one constant is his ‘forever’ strategy, which now only means a bit more…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Retailers are reporting August same-store sales numbers today, and on the whole the reports are positive after a very cautious and dismal July. August is prime back-to-school shopping time, the retailers second-largest…
The Institute for Policy Studies, a progressive think tank, has published its 17th annual survey of CEO compensation, noting, among other things, that CEOs of the 50 firms that have laid off…
Young women outearn their male counterparts by a mile. According to information from Reach Advisers published by The Wall Street Journal, “In 2008, single, childless women between ages 22 and 30 were…
Douglas A. McIntyre 