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MediaMan / Submitted

Do Direct Stimulus Jobs Really Cost $533,000 a Piece?!

On Thursday, the government released a flood of data about the stimulus, showing how 9,000 federal contractors spent their stimulus dollars — includi[...] read more »
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Government's Zero COLA Announcement For 2010 Could Cost Seniors Thousands; $250 Payments Called Inadequate

President Obama's call for $250 one-time payments to senior citizens and others to help offset the Social Security Administration's announcement of[...] read more »
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Video: 10/13 Domino's Profit Soars During The 3Q

Domino's Pizza incorporated announced Tuesday that its 3Q profit soared 77%. read more »
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Video: 10/13 Johnson and Johnson's Profit Rises While Sales Fall

Johnson and Johnson (JNJ) announced Tuesday that it posted a slight increase in profit for the 3Q despite a slump in sales. read more »
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Video: NBC Universal Reportedly in Talks With Comcast

Today, the Associated Press reported that Comcast (CMCSA) and GE (GE) are in talks about Comcast acquiring up to a 51 percent share in NBC Universal.[...] read more »
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Video - CIT Gives Bondholders Two Choices: Exchange Offer, or Prepackaged Bankruptcy

Late Thursday night CIT Group (CIT) announced its restructuring plan. Bondholders are being asked to exchange existing debt securities for either pre[...] read more »
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Video: Ford Auto Sales Slump In September

The Ford Motor Company announced Thursday that its auto sales in September fell 5.1% following the conclusion of last month's Cash for Clunkers prog[...] read more »
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Video: 09/30 Nike Runs Away With A Quarterly Profit

Nike Incorporated (NKE) announced late Tuesday that its fiscal 1Q profit managed to improve while also beating Wall Street expectations. read more »
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Video: Starbucks' latest jolt

Starbucks brews new strategies tailored to the recession and rising competition. read more »
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Video: Wal-Mart Chief Cautious on Economic Recovery

Wal-Mart (WMT) Chairman Robson Walton told a gathering of CEOs in Asia that the global economic recovery will be a slow one. Walton said the recovery[...] read more »
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Video - Business Update: BofA CEO resigns

Bank of America announced chief executive Ken Lewis is stepping down at the end of the year. read more »
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Video: Storm Brewing With Jobless Rate

The September employment report will be released later this week and, as Jones Newswires' Darrell Hughes reports, the News is expected to be grim. read more »
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Video: Abbott Buys Solvay's Drug Unit

Abbott Laboratories (ABT) has agreed to buy the drug unit of Belgian firm Solvay for $6.6 billion in cash. The deal could include additional mileston[...] read more »
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Video - Downgrades: Steel Dynamics, RBS

This morning, Goldman Sachs downgraded the entire steel sector from Attractive to Neutral as the firm remains concerned over the price of steel. With[...] read more »
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Video: Consumers Win as Banks, Lawmakers Vie Over Fees

Some banks are easing overdraft-protection fees as lawmakers eye stricter rules, says Gerri Detweiler, Credit.com's personal finance adviser. But do[...] read more »
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