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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...
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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...
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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...
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Facebook filed a new document in its move toward its IPO. In that document, it admitted that Yahoo!’s (NASDAQ: YHOO) patent claims are a risk to its business. That means that Facebook’s $100...
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Not only is Google Inc. (NASDAQ: GOOG) the 600-pound gorilla in the search business, the company’s YouTube streaming video service holds a similar position in the streaming video business....
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Almost everyone in the online and legal industries expected it. After weeks of rumors and news report that Yahoo! (NASDAQ: YHOO) had accused Facebook of patent violations, the portal has sued the...
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courtesy Facebook Inc.The 10 most-visited websites in America may share a few characteristics, but interestingly enough, none are in the same business, with the exception of two portals. Each has a...
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Investors usually reward companies for announcing layoffs. Getting more from fewer workers adds to margins and hopefully to net income. The more serious question is what a new round of...
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Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the length of its Keystone XL pipeline in the hopes of finishing...
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It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market or economic forces, or because of a...
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Among the major movers at around noon today are Amazon.com (NASDAQ: AMZN, Whirlpool Corp. (NYSE: WHR), AOL Inc. (NASDAQ: AOL), JDA Software Group Inc. (NASDAQ: JDA), and Unisys Corp. (NYSE: UIS)....
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Earnings season is still going strong and Wednesday will have many big earnings reports to watch. These are not the only earnings reports coming from big companies, but these are the ones we will...
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EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a 20 billion euro fund...
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