Odds are against the stock market's aging bull making it through a sixth year, but this is no ordinary bull market.» Read More
General Electric Chief Executive Officer Jeff Immelt on Wednesday reiterated that the global economy was strong despite a tough housing market.
Jerry Seinfeld's "BeeMovie" had plenty of sting left during its second weekend, replacing "American Gangster" as the No. 1 choice for North American moviegoers.
Eric Starkman runs a corporate communications firm called Starkman & Associates, and he has a good, cynical sense of humor. That's even though his company describes itself in the sort of consultant-speak he should be mocking...
So here's the deal. It's "Green Week" on CNBC, or have you noticed? Actually, it's "green" everywhere across the NBC Universal platform of television operations, and across the General Electric corporate structure as well. CNBC, as you are told, what?, ten times a day?, is owned by
Industrial group Siemens delivered stronger quarterly results than expected, raised profitability targets and announced a 10 billion-euro ($14.6 billion) share buyback program.
The biggest names in media are at the Pierre Hotel in midtown Manhattan for private equity firm Quadrangle's 'Four Square' conference. The event is closed to the press but I got my hands on an agenda and am spending the afternoon outside the hotel.
Television bounty hunter Duane "Dog" Chapman, who had his reality show taken off the air after getting caught using a racial slur, will not be extradited to Mexico to face a pending appeal of kidnapping charges against him, a judge has ruled.
The Writers Guild contract expired at midnight--though there's no strike just yet, it is NOT looking good. The rhetoric last night was so angry and stubborn on both sides, I'm predicting a strike by mid-week next week. The WGA says the producers association "refused to continue to bargain until we agree that the hated DVD formula be extended to Internet downloads." HATED? Ouch.
A heroin pusher and a honey bee put some sting back into the movie business.
Solar, biofuels, energy efficiency, wind, water – not to mention upstart stocks -- can be bewildering even for disciplined investors. That’s why a recent spate of green or clean tech exchange-traded funds may be a welcome addition.
Seems I struck a nerve with yesterday's post on the format war involving next generation DVD's. I came into the office today, welcomed by a flood of nasty e-mails challenging the blog, the premise, the spelling (sheeesh, "their" vs. "there" -- it's been corrected!)
The new head of German conglomerate Siemens plans thousands of job cuts as well as a drive to link the pay of top management closer to performance, according to a newspaper report.
Japanese consumer lenders Promise and Acom are probably among the bidders for General Electric's consumer loan business in Japan, sources familiar with the matter said on Thursday.
Better late than never, but when it comes to NBC and Fox and the new Hulu, it's about time. I say about time because I wonder just how long big media is going to sit around and bemoan upstarts like YouTube muscling in on their territory. Woe is me, these companies have complained: They're stealing our content. They're breaching our copyrights.
NBC Universal and News Corp's HULU.COM finally launches after six months, plenty of delays, name-calling, and mocking. The joint venture between NBC Universal and News Corp's Fox was announced in March, conceived as a media company-controlled way to distribute a broad range of professionally created content--a viable alternative to YouTube.
Pfizer has been using Dr. Robert Jarvik, the inventor of the Jarvik Artificial Heart, for quite some time now as its Lipitor "celebrity" pitchman. But recently I've noticed something remarkable creeping into his copy--the script he reads for TV and radio spots and the text that appears in the print ads.
"American Gangster"--starring Denzel Washington and Russell Crowe--is one of the most highly anticipated Oscar contenders. It's not hitting theaters until a week from today, November 2nd, but it's already available on Manhattan's piracy central, Canal Street, and in downtown Los Angeles.
Amazon reports earnings later today and judging by what this stock is doing today, indeed these past several months, it would seem shareholders are hoping for the very best. And betting big that Amazon will deliver.
Fox knows how to produce content--and now its interactive division is producing a special kind of content for the web. But, these aren't just ordinary 'mobisodes:' this is a show created solely for MySpace TV, which is of course owned by News Corp.
The Indian arm of General Electric expects revenue to rise by more than half to $3 billion in 2007, and jump to $8 billion in 2010, a top company official said on Monday.