GE's Immelt Overcoming Welch's Legacy
GE chairman and CEO Jeff Immelt had big shoes to fill in following Jack Welch as the company's leader. He's faced stiff challenges, but he's reshaping the company and starting to win.
GE's Stock Trading Up on Positive Earnings Report
GE's stock opened in positive territory Friday after the company beat Wall Street's expectations in second quarter earnings. GE was upbeat about the future, including the latter half of 2011 and into 2012.
Books-a-Million Makes Last-Minute Offer for 30 Borders Stores
Calling it a bittersweet day, U.S. Bankruptcy Judge Martin Glenn announced today before a packed courtroom during proceedings involving Borders' liquidation some stores may be spared through a sale to Books-a-Million.
Apple's Competitive Advantage: Multiple Products That Integrate as One
Apple's competitive advantage is growing in the smartphone, tablet and personal computer categories. The company's strength is product, including the iPhone, iPad, and Mac computers. But it's the advantage of the three combined that's pushing Apple to marketshare dominance.
Kim Kardashian Sues Old Navy; Doesn't Like Lookalike Ads
Reality television star and model Kim Kardashian has sued Old Navy, claiming the company using a lookalike image of her in ads. She wants it to stop, and she wants damages.
Apple's Cash Hoard: Keeping the Powder Dry, says CEO Jobs
Apple is hoarding record amounts of cash, currently holding $76 billion. But the company has not historically made big acquisitions. CEO Steve Jobs says Apple is merely keeping its "powder dry" for strategic opportunities in the future.
Wells Fargo Paying $85 Million Fine for Mortgage Abuses
Wells Fargo will pay an $85 million fine for mortgage abuses, but the company is not admitting wrong doing.
Morgan Stanley Beats Street Estimates; Still Posts Loss
Morgan Stanley beat Wall Street's estimates, but the company still reported a quarterly loss Thursday before the opening bell. Morgan Stanley's bright spot was an increase in trading revenue.
Investors Applaud Apple's Momentum
Apple reported its best-ever results in its fiscal third quarter Tuesday. On Wednesday investors applauded by driving Apple's stock to near it's all-time high.
Dot Com Bubble: Part Two is Underway, But is There a Difference?
Evidence is mounting that we in the Dot Com Bubble: Part Two. But evidence also suggests there's a difference this time.
Nissan Increasing Price of All-Electric Leaf; Adding More Features
Nissan is increasing the price of the all-electric Leaf, but the company is already adding more feature. Nissan will also sell the Leaf in more states in 2012.
Restaurant Calorie Counts Inaccurate: Study
A new study says restaurant calorie counts are often inaccurate, particularly in regard to low calorie menu items.
Apple Smashes Expectations, Earnings Soar
Apple's third quarter earnings soared, smashing analyst expectations. The company attributed its strong results to better-than-expected sales of its iPhone and iPads.
Ford Motor Company's Google+ Jump Start; Approved Brand Pages Coming Soon
Ford Motor Company was one of several companies that got a jump start on Google+ by hacking its own brand page. Google liked what Ford did, and is about to launch test pages for companies and small business.
Apple's Earnings: Don't Expect a Google-Like Stock Pop
Google's stock popped last week when the company surprised investors with strong numbers. Apple is expected to post similarly strong numbers, but the market may have already figured that in to Apple's stock price.
Borders Closing: Five Things Barnes and Noble Can Do to Survive
With Borders bookstores closing, all eyes in publishing are now upon Barnes and Noble, America's largest bookseller, to see if the company can avoid the same fate. Here's five things Barnes and Noble must do to survive.
Borders is Liquidating, Closing Remaining 399 Stores: It's Official
It's official, Borders is liquidating. The company could not find a bidder to keep its remaining 399 stores open. The company will sell its assets to two liquidation firms.
Overheating iPhone 5 Causes Delay, Report Says
Apple's iPhone 5 prototype overheats, according to a report, causing the company to delay the product. Apple is expected to release instead this fall the iPhone 4S, a less radically-changed smartphone.
Total Liquidation Nearing for Borders; Books-A-Million May Want Small Number of Stores
Borders, America's second-largest bookstore chain, is nearing total liquidation. No other bidders have emerged. Borders filed for bankruptcy protection in February, but the only bidder for its assets is a liquidation company.
Kindle Textbook Rental: Up to 80% Off Retail Price
Amazon's new Kindle Textbook Rental program will save students up to 80 percent off the retail price of new textbooks.
Facebook Blocks Google+ Ad: Michael Lee Johnson 'Irritated'
Facebook has blocked ads by one of its users promoting Google+. Michael Lee Johnson says he is irritated by the move.
Kindle's New Textbook Rental Program Will Save Money
Kindle's new Textbook Rental Program can save students money.
Netflix Stock Trading Down, Analyst Downgrade After Price Hike
The stock of streaming video services provider Netflix was trading down Monday, after one analyst changed its rating on Netflix from "outperform" to "sector perform."
U.S. Debt Ceiling Dilemma: Moody's Says Do Away With It
Moody's says the U.S. should eliminate its legislative debt ceiling limit altogether. Moody's says the limit does no good, since lawmakers can still approve expenditures anyway. Moody's says the debt ceiling limit only serves to create angst among bondholders as the limit is approached but not raised on a timely basis.
Heatwave Baking Midwest: New York, East Coast Next
A stifling heatwave is baking America's Midwest, and the record high temperatures and high humidity levels are expected to reach New York and the East Coast by midweek.
Sears $69 iPad 2: It Was Only a Typo
Sears was selling an iPad 2 for $69 at its online store over the weekend through a third party vendor. But the offering was a mistake, caused by a typo the company says. All sales were cancelled by Sears.
Borders Closer to Liquidation; Deadline Passes Without Bidder
America's second-largest bookstore chain moved closer to liquidation as the company has not found a bidder that wants to keep its stores open. There's still hope, as some talks continue, but there's little time left remaining before Borders enters liquidation.
Seeking a Restart in Washington
The politics of Washington no longer have the people's best interests at heart. It's time for a complete restart.
Americans Downbeat About Economy, U.S. Debt
Consumer sentiment dropped to its lowest reading since the Great recession, amid high unemployment and the federal government's inability to deal with its debt problem as a deadline to raise the debt ceiling looms.
Netflix Price Increase Angry Users Ask: Where's the Current Content?
Netflix will survive the fallout from its big price increase. But the company faces a bigger challenge with limited content for its online subscribers. Can it get new content fast enough?