Filed under: Company News , Economy Almost every category of media has been hit by the downturn in advertising spending, but print media has been hit hardest of all. Many large weekly and bi-weekly magazines like Forbes and Entertainment Weekly are suffering from significant double-digit drops in ad...

Filed under: Company News Toyota ( TM ) may have to pay its workers less than the U.S. car companies do. It may also make better cars. It is now the number one auto company in the world based on unit sales. None of that makes it entirely immune to the economic downturn. Toyota has grown so big that...

Filed under: Investing With all eyes on the financial sector these days, the market’s reaction to an extremely upbeat early look at first-quarter earnings from Wells Fargo ( WFC ) was hardly a surprise. With banks in the lead, the Dow Jones Industrial Average surged 3.14 percent, or 246 points,...

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 The Newspaper Association of America got an earful from Google ( GOOG ) CEO Eric Schmidt. Newspaper executives got to sit and listen to a man whose company is making the extraordinary kind of money that they did a decade ago, in the age before broadband. Now consumers can turn...

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...