Category: Economy

There’s no quit in Michael Porter

There’s no quit in Michael Porter

He has influenced more executives – and more nations – than any other business professor on earth. Now, at 65, he and an all-star team aim to rescue the U.S. economy. By Geoff Colvin,...

China Weaponizes Trade and Investment

China Weaponizes Trade and Investment

Chinese Vice Minister of Foreign Affairs Dai Bingguo. (Photo credit: Wikipedia) On Tuesday, State Councilor Dai Bingguo and Foreign Minister Yang Jiechi attended the inaugural meeting in Beijing of the Foreign Ministry’s Department of...

The Best Times to Buy or Sell a House

The Best Times to Buy or Sell a House

The housing market, a reliable bellwether of the economy, seems to be bouncing back. Many of the nation’s largest home builders surprised analysts by reporting a profit in the quarter that just ended. Home...

Amazon Confirms It Makes No Profit On Kindles

Amazon Confirms It Makes No Profit On Kindles

In an interview with the BBC on Wednesday, Jeff Bezos admitted that Amazon sells the Kindle Paperwhite and Kindle Fire HD at cost, making the company literally no profit on the devices. “We sell the hardware at our...

Workday IPO Pops 72% On Open

Workday IPO Pops 72% On Open

Workday soared on its open in early trading Friday morning, opening at $48.05 per share, or 71.6%, from its pricing last night. The stock was recently trading at $48.02 on the New York Stock Exchange. The...

Fiscal cliff is ‘ticking time bomb’ for stocks

Fiscal cliff is ‘ticking time bomb’ for stocks

  Investment experts say the outcome of congressional elections will play a bigger role than the presidential race, since lawmakers in the House and Senate will dictate how to resolve the fiscal cliff. NEW...

Stocks: Investors playing a waiting game

Stocks: Investors playing a waiting game

  Click on chart for more premarkets data. NEW YORK (CNNMoney) — U.S. stock futures were little changed Tuesday as investors gear up for the unofficial start of the third-quarter earnings season. Aluminum producer...

HP: Why Bill And Dave Would Back A Break-Up Plan

HP: Why Bill And Dave Would Back A Break-Up Plan

      The time has come to break up Hewlett-Packard into parts. That’s the view of UBS analyst Steve Milunovich, who goes so far as to assert that founders Bill Hewlett and David...

Obama trounces Welch’s job record

Obama trounces Welch’s job record

Jack Welch’s hiring history isn’t much to tweet about. Obama critic Jack Welch FORTUNE — Jack Welch, the former CEO of General Electric, has attacked the notion that President Obama and his policies are...

Groupon And Zynga Are The Worst-Performing Stocks Of The Year

Groupon And Zynga Are The Worst-Performing Stocks Of The Year

Eric Lefkofsky (Photo credit: Wikipedia) Near the end of 2011, two hot Internet companies conducted rich initial public offerings that seemed to inaugurate a new Internet stock boom. Groupon, a daily deals web site,...