AK Steel Raises the Bar, Again. AK Steel (AKS) has announced price increases for its carbon steel products. The West Chester, Ohio-based steel-maker said it will raise prices for its hot-rolled produ

Amazon Downgraded Needham & Company downgraded Amazon (AMZN) from Buy to Hold.In a story by Barron’s, the firm said that although it believes the online retailer is one of the premier US co

Toyota Sales Rise in October Toyota Motor (TM) reported an increase in sales for the month of October, its first rise in 15 months.According to Reuters, the world’s largest automaker said today

Frank Stronach, chairman and founder of Magna International (MGA), launched his empire by making 300,000 sun visor brackets for General Motors. The rest, as they say, is history.Nine years after the

This... is the lobby of the Petersham Hotel -- nine miles northeast of Trafalgar Square. The noise you hear is the sound of room service handing me my tuna sandwich. At some point after the blitz,

Home Depot Beats the Number Home Depot (HD) is out with third-quarter earnings today. The largest US retailer of home improvement products said earnings came in at $0.41 a share, $0.05 better than co

The Federal Reserve on Monday proposed new rules to protect consumers from unexpected costs or restrictions on gift cards.More than 95% of Americans have received or purchased gift cards, the Fed sai

1. The Economic Crisis Takes a Virulent TurnThe word credit comes from the Latin "credere" which means "to believe, or to trust." That's really all you need to know about the mode

On Friday, as I pulled together thoughts for my syndicated column, I pinged Scott Reamer to ask him a question. He informed me global central banks and government agencies have thrown upwards of $30

Walmart Beats the Numbah Walmart (WMT) reported results for its fiscal third quarter. The world’s largest retailer said earnings came in at $0.84 a share, $0.03 better than Wall Street estimate