Wikimedia CommonsJamie Dimon’s never-ending explanation of the “London whale” debacle and his round-the-world tour to apologize continued at the World Economic Forum in Davos. Reuters reports: JPMorgan Chase & Co Chief Executive Jamie Dimon…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) sells its products and services primarily to large companies, enterprises and governments. Google Inc.’s (NASDAQ: GOOG) ad sales often draw on smaller firms. And its traffic…
ThinkstockThere is nothing wrong with making and marketing guns, if people kill people, and guns do not. One of the odd things about firms that sell guns, however, is that they do not want…
ThinkstockEuropean Finance Tax Financially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could…
courtesy of AOL, IncThe Federal Aviation Administration faces criticism about approving a Boeing Co. (NYSE: BA) battery that caused safety concerns about the 787. (Reuters) Google Inc. (NASDAQ: GOOG) beats Wall St. estimates for its…
courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) has reported earnings for its fourth quarter of $5.39 per share before items and $29.3 billion in revenue. Sales were down 1% from a year ago…
courtesy of Google Inc.Google Inc. (NASDAQ: GOOG) is out with fourth-quarter earnings of $10.65 per share, and we caution investors about using the revenue numbers due to the sale of Motorola Home. Sales on an…
U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came in well…
ThinkstockGrowth prospects for 2013 have fallen among 1,330 CEOs surveyed by consulting firm PricewaterhouseCoopers. Continuing uncertainty about global economic growth weighed on the minds of 81% of the CEOs included in the survey. Other…
ThinkstockThe nation’s highways, bridges and schools are falling apart, due in large part to the lack of federal money for infrastructure repair. States and local governments, hampered by high pension and health obligations and…
ThinkstockAfter the close on Tuesday we will get to see tech-kings like Google Inc. (NASDAQ: GOOG) and International Business Machines Corp. (NYSE: IBM) report their fourth-quarter earnings. For IT-spending, IBM will be watched closely.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse. ARM Holdings PLC (NASDAQ:…
ThinkstockAnother of the world’s largest economies continues to heal, if confidence is any indication. Germany mostly has dodged the European Union recession, although its gross domestic product has suffered. While there is no sign…
ThinkstockBank of Japan Monetary Easing The Bank of Japan believes it can cure what ails much of the nation’s economy. If the relative success of the U.S. Federal Reserve to accomplish a similar goal is…
ThinkstockAmericans have examined their prospects for the balance of this decade and do not like what they see. The pessimism of the population could hamper job growth and undermine consumer spending, each of which…