Obama names activist to head Bureau of Consumer Protection

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Obama names activist to head Bureau of Consumer Protection

Filed under: People Those who are convinced that President Obama is anti-business will probably shout “Aha!” when they see his choice for the new head of the Federal Trade Commission’s Bureau of Consumer Protection. David C. Vladeck is a long-time part of the legal team for Public...
Virginia Tech: How much is a massacre worth?

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Virginia Tech: How much is a massacre worth?

Filed under: Economy At Virginia Tech, where I taught for 10 years, the magic number was one million dollars. According to many of my fellow teachers, that was the cost of closing the campus for a day and, although I never saw any evidence that it was true, that number ruled my life. I sometimes walked...
Dunkin Donuts is knocking on Starbucks’ door

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Dunkin Donuts is knocking on Starbucks’ door

Filed under: Company News Guests at the Great Wolf Lodge in Concord, North Carolina will soon be running, like America supposedly does, on Dunkin. The doughnuts-and-coffee chain is launching the first of “a variety of store models to suit any lodging property, including full retail shops, kiosks...
Foreclosures jump dramatically, but Zell and Trump think it’s a great time to buy

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Foreclosures jump dramatically, but Zell and Trump think it’s a great time to buy

Filed under: Economy , People Not surprisingly, now that banks have lifted the moratorium on foreclosures, the number of foreclosures jumped dramatically in March. Nationwide, 804,000 homes received at least one foreclosure-related notice in the first quarter, up from about 650,000 in the same time...
GE should be embarassed by Blagojevich deal

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GE should be embarassed by Blagojevich deal

Filed under: Company News , Columns The short-term publicity General Electric Co. ( GE ) got from signing a reality show deal with ousted Illinois Governor Rod Blagojevich will be eclipsed by the long-term harm it will do to the credibility of its NBC network. Blagojevich has reportedly been offered...
GE should be embarassed by Blagojevich deal

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GE should be embarassed by Blagojevich deal

Filed under: Company News , Columns The short-term publicity General Electric Co. ( GE ) got from signing a reality show deal with ousted Illinois Governor Rod Blagojevich will be eclipsed by the long-term harm it will do to the credibility of its NBC network. Blagojevich has reportedly been offered...
Unemployment soars to record 6.02 million

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Unemployment soars to record 6.02 million

Filed under: Economy The song remains the same in the nation’s labor market. Continuing claims surged 172,000 to a record 6.02 million, the U.S. Labor Department announced Thursday, as more Americans found it hard to find comparable employment amid the nation’s worst recession since 1981-82....
Unemployment soars to record 6.02 million

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Unemployment soars to record 6.02 million

Filed under: Economy The song remains the same in the nation’s labor market. Continuing claims surged 172,000 to a record 6.02 million, the U.S. Labor Department announced Thursday, as more Americans found it hard to find comparable employment amid the nation’s worst recession since 1981-82....
Amazon still king of e-commerce jungle

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Amazon still king of e-commerce jungle

Filed under: Company News , Earnings I’m an Amazon (NASDAQ: AMZN ) shopper (my Kindle 2 is supposed to arrive today!), but I was still surprised to Financethat the company could be responsible for one out of every three online purchases. Barron’s quotes RBC Capital analyst Stephen Ju as...
Stocks higher after JPMorgan’s beat, worse-than-expected housing data

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Stocks higher after JPMorgan’s beat, worse-than-expected housing data

Filed under: Company News , Economy , Earnings U.S. stock futures were mixed to lower Thursday morning, indicating Wall Street could have yet another slow start despite J.P. Morgan Chase beating analyst earnings estimates and Nokia meeting them . Some housing data will also be in focus this morning,...

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