Filed under: Company News , Economy , Earnings There is a cartoon animation on the website of Ariel Investments of a turtle surrounded by woodland creatures with the motto: “Slow and Steady Wins the Race.” That philosophy may explain the value investor’s recent decision to double its...

Filed under: Company News The Wall Street Journal reports that Anheuser-Busch InBev ( AHBIF ) is considering selling Rolling Rock, a regionally popular beer brand whose sales have been falling for the past few years. This sale is the latest development in a long, sad demonstration of why A-B’s...

Filed under: Company News Banks that have received TARP money have already run into problems with Congress and the public. Most of these have been due to what has been viewed as excessive executive pay and perks. The way that the firms operate day-to-day has not been a big issue, at least so far. The...

Filed under: Economy China says its investment in the economy, largely from a $500 billion stimulus package, would pull its economy out of several months of lethargic growth in exports and manufacturing. It now looks like that may be true. China has argued that its system of central government control...

Filed under: Investing , Earnings Big financial institutions begin reporting first-quarter results next week. JPMorgan Chase ( JPM ), Bank of America ( BAC ) and Citigroup ( C ), the three largest banks by total assets, and Goldman Sachs ( GS ), the biggest remaining Wall Street firm, are kicking things...

Filed under: Economy In an attention-grabbing headline, Rasmussen Reports recently announced that only 53 percent of Americans believe that capitalism is better than socialism . Apparently, 80 percent of investors allegedly root for capitalism, as do more than 90 percent of Republicans, while a whopping...

Filed under: Economy Perhaps this is another one of those ‘green shoots’ in the economy that Fed Chair Ben Bernanke is talking about. Wholesale inventories declined for the first time in eight months in February, falling 1.5 percent, the U.S. Commerce Department announced Wednesday ( pdf...

Filed under: Company News At this week’s New York International Auto Show, Chrysler will roll out the star of its 2011 fleet: a new, improved Jeep Grand Cherokee SUV . Although the new vehicle seems almost startlingly ill-advised, it has been described by Chrysler spokesman Rick Deneau as “one...

Filed under: Investing It appears the bulls are starting to lose confidence, as the Dow Jones Industrial Average fell for the second day , declining 186 points, or 2.3 percent, to close at 7,790. With a deluge of earnings announcements just over the horizon and a very likely dismal first-quarter gross...

Filed under: Company News Where would you want to open a prototype “green” restaurant? McDonald’s ( MCD ) has decided to do so on the south side of Chicago . The new restaurant starts with the typical standalone McDonald’s unit we are used to seeing and uses “smarter design...