‘Finance’ Archives
Dell-HP bidding war: The real story
Why are the tech giants willing to pay nearly $2 billion for a data storage company that isn't turning a profit?By Jim JubakOn the surface, bidding a couple of billion dollars for a company that hasn't made an operating profit in the past five years looks nuts.Dig deeper, though, and the battle between Dell (DELL, news, msgs) and [...]
The Great Stimulus Public Relations Battle
By John RomanoLOS ANGELES (YBH) - There are three competing commentaries about the Obama stimulus making their way through the web today.If you have the time to read all three, I'd recommend doing so. If you don't, here is a brief summary of each one:How the Stimulus Is Changing America - By Michael Grunwald at Time magazine. [...]
The Yen’s Lesson for the Yuan
AMONG the many points of tension between the United States and China, perhaps the single greatest one concerns exchange rates. For more than a decade, Beijing has kept the value of the renminbi, also known as the yuan, more or less constant to the dollar, a strategy that critics say increases the price of American exports to China and fuels the [...]
Jobs Outlook Isn’t Just Bad, It May Be Getting Worse
By: Jeff Cox CNBC.com Staff WriterAn anticipated gradual gain in US employment has turned into a surprising deterioration, and that has economists worried about the increasing threat to the economic recovery.Thursday's weekly jobless claims report was just the latest but perhaps most definitive sign yet that if the economy is to [...]
Obama’s Bad Bets
"Recovery Summer" goes bust BY James PethokoukisDeclaring a “Recovery Summer” victory tour at the start of June must have looked like a pretty safe wager for the Obama administration. The economy seemed to have shifted firmly into gear during the spring. Lawrence Summers, director of the National Economic Council, told the Financial [...]
