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Martin Schulz, president of the European parliament, has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.
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Stocks closed higher as a rally in technology shares helped offset more uncertainty in the credit markets and troubling economic signs.
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You can't say the Federal Trade Commission made a snap decision when it approved Google's multi-billion dollar take-out of DoubleClick. Today's 4-1 vote in favor of the deal caps an eight-month investigation that ultimately found, the FTC says, no threat to the competitive landscape.
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These are heady times for RIMM, even though shares have suffered a precipitous decline since their highs in November; a bigger decline than Google, Amazon, Apple and so many others, off about 30 percent from those highs in early November, following a better-than-30 percent gain during the previous three months.
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I hope you had a chance to read my 8 for '08 blog predictions. Here now is what I've done for the TV side of CNBC, in using the ole 'crystal ball. A couple of them you'll find similar, but there are plenty that are different. Enjoy!
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Talk about a tale of two companies: The market's punishment on Palm was swift and harsh and it comes just a day ahead of what should be decidedly better news from another smart phone maker, Research in Motion.
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Can investors continue to strengthen their portfolios through the top technology names, or is their recent strength played out?
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I love "teardown" stories. Not the kind that builds a story subject up, then tears it down, but the lab guys who rip apart new devices, study component serial numbers and tell me what's in the guts of the product. Today's version comes courtesy of the wizards at iSuppli, and the center of attention is Apple's iPod Touch.
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Stocks closed lower as fears that inflation was hampering holiday gift-buying combined with wider concerns about the state of the economy.
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Look at Palm's stock and it's almost as if investors are ready to wash their hands of the downtrodden handset maker. Talk about a fall from grace: this is the company that virtually invented the smart wireless device, and today, courtesy of siliconalleyinsider, a shocking realization that the company's stock is worth less than its balance sheet.
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And Anadarko is the best nat gas stock there is, he says. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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At this time of year, it's predictions, predictions, predictions. So as part of CNBC's Outlook for '08, here are mine for the media world and all that's in it--with a personal look as well! (see number 7). Here I go!!
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The Federal Reserve cut two key interest rates by a quarter point, disappointing financial markets, which were hoping for a half-point cut. Can you profit from it?
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With Apple Inc. touching a new, all-time high today on its way to $200 a share, and Hewlett-Packard raising estimates for 2008, there's word that troubles in Hollywood could mean big-time opportunity in Silicon Valley.
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Head on over to West 14th and 9th Ave. in New York's meat-packing district, and you'll see something big and bright from the fruits and veggies set: A 3-story retail bonanza courtesy of Apple Inc. It's the company's second largest store in the nation, behind its flagship store here in nearby San Francisco.
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Now that Congress has had its way, this fuel might be nothing more than a stocking stuffer.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Stocks closed sharply higher on hopes that a government plan to stem home foreclosures would help ease the housing slump's drag on the economy and underpin profit growth.
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A very good source of mine with good connections to Apple's Asian manufacturing partners called me this morning with some news: Seems like Apple will be making headlines in the next few weeks and months with some of its hottest products: the iPod Touch, the iPhone and a new ultra-portable laptop.
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Google is releasing a new application for Apple's iPhone that combines the Web leader's services such as e-mail, search and calendar into a single interface.
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I went back and forth on writing this blog, trying at once to walk that line between demolishing a cover story, and giving it more attention than it deserves. But alas, those are the struggles of today's reporting. My angst comes from an appearance I did earlier today with Adam Penenberg, a contributing writer with the magazine "Fast Company..."
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Fast Company magazine's cover story about Apple and its fading star for 2008 hits stands today and after reading an advance copy of the article, and appearing on air yesterday with its author, I blogged about my thoughts on the criticisms.