Analysis and discussion of issues that impact business |
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Jul29
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 For those of you who are sick of advertising, US Airways may have a solution.
I'm not sure whether to laugh or cry... |
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Jul27
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I've been fascinated by the complexity of economics in general for a long time. Not enough to pursue a college degree in it, but never-the-less. The latest numbers are in. The number of Americans filing new claims for unemployment benefits posted...
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Jul25
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Some news that might be of interest to businesses in general. MSNBC and AP report the news. Web search leader Google Inc. Thursday posted an industry-leading 110 percent rise in quarterly profits as the company dodged the slowing growth trend...
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Jul23
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In some circles, it's verboten to come down in favor of the world's largest retailer, but in a move of brazen political incorrectness, I'll do just that. From MSNBC: A federal judge on Wednesday overturned a Maryland law that would...
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Jul21
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I'm not sure what to make of this. Toyota has no interest in blocking or joining the proposed partnership between General Motors and the Renault-Nissan alliance, the Japanese automaker’s president said Thursday. My "spider sense" makes me think that the...
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Jul20
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Some interesting news from the "People's Republic". On Tuesday, China reported its fastest economic growth in a decade and warned that booming construction and bank loans could fuel inflation, raising expectations that Beijing might nudge up interest rates and possibly...
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Let me ask you a question. Would you take financial advice from a company that was running a $23 billion deficit? Well, in Washington that's essentially what's going on. The tentative deal was a product of months of slow-moving talks...
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Jul19
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In a battle between the world's largest auto manufacturers, I think these 2 articles - here and here - present an interesting juxtaposition. Here's a sample. “The world-class quality that we’ve built is our lifeline,” President Katsuaki Watanabe told a mid-year news conference...
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Not too bad, not too good. That's what the economic signs seem to indicate according to the AP. According to The Conference Board, a New York research group: Six out of the ten indicators that comprise the leading index rose in June...
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Jul12
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As the auto industry continues its bumpy ride through restructuring and competitive growing pains, the city of Flint, Michigan is preparing for hard times. This is a sad story. General Motors Corp. and Delphi Corp., GM's former parts operation and...
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Jul11
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As someone who has a soft spot for E-bay (my brother started a business by selling computers and related paraphernalia on E-bay), this doesn't look good. A surprise management shakeup at eBay Inc., resulting in the departure of a key executive considered...
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Jul10
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In a press release from Dow Jones, things are not well for one Wall Street Trader. LaBranche & Co. blamed difficult market conditions and challenges posed by electronic trading as the specialist firm warned it would post a loss on...
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Jul 9
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According to the Associated Press, manufacturing businesses grew last month, just not as much as some expected. The nation’s manufacturing sector expanded in June, but at a slower pace than analysts expected. Raw materials prices eased a bit. Is this...
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Jul 8
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Now, I know this is a really complex issue, and I don't have any answers, I'm just musing. According to Dow Jones: China's passenger car sales in June reached 291,792 units, up 36% from 214,258 units in the year-earlier period,...
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Jul 7
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Associated Press Economics writer, Jeannine Aversa details the specifics. Employers boosted payrolls by a tepid 121,000 in June _ an improvement from the previous month but new evidence that companies are reluctant to bulk up their work forces in the...
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Jul 6
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The economic numbers are still looking good...I think. As reported by the AP on MSNBC.com. Orders to U.S. factories for manufactured goods rebounded in May after a big decline the previous month as strengthened demand for petroleum and chemicals offset...
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Jul 5
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If finding toys on the internet is your thing, then this should interest you. Amazon.com Inc. on Wednesday announced the launch of its new toy and baby stores, marking the Internet retailer's return to these markets since its partnership with...
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As I continue to age, I realize I hope it is! Here's how the "Baby boom" generation is affecting the economy. Boomers are enriching orthopedic surgeons by replacing their knees and reattaching their rotator cuffs. It's big business for the...
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Jul 4
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This can't be good news: Rising interest rates and higher gasoline prices are putting the squeeze on consumers’ budgets, and many are finding it harder to keep up with their bills. Credit counseling agencies say that consumers are coming in...
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