The Federal Reserve Bank isn’t supposed to be political. But, of course, it is. Just look at the recent decision to delay “tapering,” or scaling back the $85 billion a month asset buying spree that the bank has been on for …
Companies & Industries
The Major Companies Bringing Manufacturing Back to America
Watch this video to see who is manufacturing in America again
Fiat Needs Chrysler Now More Than It Ever Has
Fiat and Chrysler boss Sergio Marchionne is a famously tough negotiator. When he made the deal with the White House to take over the failing Chrysler Corp. in 2009, he left with everything he wanted, short of the President’s …
5 Ways Retailers Are Trying to Snag Holiday Shopping Dollars Extra Early This Year
Most people like Thanksgiving to have passed before setting up Christmas decorations and jumping into winter holiday mode. For marketers, however, it’s now become standard to embrace the winter holiday mentality long before …
Everybody Has Been Underestimating Apple
Apple’s innovation machine is broken, critics said. Look no further than the latest iPhones, which they complained lack the pizzazz to become blockbusters.
Once again, Apple has proved the critics wrong.
The company …
BP Asks Court to Halt Gulf Spill Payout
Exorbitant fees and bogus claims have inflated Deepwater Horizon settlement payments, claims the oil company
Time to Get Ready for a Smaller Hershey Bar?
Just in time for Halloween, chocolate prices are expected to hit record highs.
BlackBerry Agrees to Go Private in $4.7 Billion Deal
BlackBerry, the once dominant smartphone maker, announced Monday that it will be sold to its largest shareholder, Canadian firm Fairfax Financial, in a deal worth about $4.7 billion.
Shareholders will receive $9 per share, according to the public statement, a slight premium on the stock’s $8.23 price when trading was halted Monday …
Walmart to Hire 55K Workers for the Holidays
The world’s largest retailer will also transition 35,000 part-timer employees to full-time positions
7 Signs That the Craft-Beer Craze Has Gone Totally Mainstream
From Hollywood to Costco to your state senator, everyone seems to want to be associated with craft beer lately. Here are a few indications that craft beer can no longer be classified as a niche category with limited appeal to the masses.
Don’t Be Afraid to Share: Ridesharing Companies Lyft, Sidecar, UberX Get Official OK in California
It’s often been difficult for “sharing economy” participants to confirm what they’re doing is legal. But now we have a little clarity—at least in terms of the sharing of car rides, at least in California.
Guess Who’s Getting Some Pretty Awful Reviews: User Review Sites
The trustworthiness of Yelp, Angie’s List, and other “unbiased” ratings services is called into question in a new study by Consumer Reports. And the consumer advocacy publication is hardly the only one taking issue with …