The early days of iPhone applications resemble the early days of the Internet. Media companies know they need to have an app for the iPhone, and so they are creating appealing ones that are loaded with features.  Yet, as with the Web, it is far from clear how much revenue media apps for the iPhone can produce.

Stocks skidded Tuesday after a report showed consumer confidence is waning amid worries about the job market. It was a struggle all morning as investors juggled another batch of disappointing earnings results against an encouraging report on the housing market.

Stock futures drifted slightly lower ahead of the open Tuesday as investors waited for the next batch of earnings and key economic data.

General Motors filed for Chapter 11 bankruptcy protection in New York Monday.  Here are following is the list of the largest trade creditors:

Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009 as major companies streamline operations to combat the recession.  But how far can this streamlining really go? For many companies, revenues hinge on worker productivity, and for most operations, per-worker profits and revenues are many multiples of average employee salaries. The measure of revenue per employee also helps shed light on a firm's money-making efficiency and likelihood it will retain jobs. The best companies require  the least number of workers to make the most money.