You really have to worry when big corporations go to the Government and ask to be put on welfare!Last week, I did a blog entry looking at how General Motors was asking for a moratorium on crash...

Now that the Kremlin, sorry, Bush administration has nationalised Fannie Mae and Freddie Mac, we've seen equities soaring and a rally in bond spreads. But how will this affect US housing and the...

Earlier this week, I did a blog entry looking at whether the US was in a recession. As I said at the time, it depends how you define it but the signs are not looking good and things are......

The banking sector is in serious trouble and it's likely to get worse with the Federal Deposit Insurance Corp revealing that the number of banks on its "problem list" has jumped 30 per...

Is the US in recession or not?That really depends on how you would define it. Sure, US unemployment has risen sharply, and there are lots of other signs confirming that the US economy is going down...

The News Corp share price has not been doing that well but that hasn't stopped Rupert Murdoch getting a $30.1 million payout, up 24 per cent from a year before. That's despite the...

What impact will the climate crisis have on business organizations?It will reshape them, bringing in new lines of reporting and accountability. And it will usher in new careers and jobs. I explain...

The Germans are coming!! With economies slowing down, German discount chains such as Lidl and Aldi, another are taking market share, charging some 30-50% less for groceries than ordinary...

Last Friday's announcement that the Mrs Fields Famous Brands chain of cookie shops has gone broke is another sign of the deep problems now confronting the US economy. It has has filed for Chapter...

Is this the canary in the coal mine?In another sign that the effects of the US subprime crisis have spread globally, Bloomberg reports that global business air traffic fell 0.4 percent in June, the...

More evidence of the US housing crisis with a new study, reported here, showing that one in three US home owners who bought in the last five years now owe more than what the property is worth.The...

It's often claimed that some firms delisted from the US market because of Sarbanes-Oxley. But a new study says that's not true.The Fisher College of Business study, Why do foreign firms leave...

Heard management guru Gary Hamel talk about the US banks today. And he was savage.Forget all this talk about commodity prices and the US dollar. The name of the game is the US housing crisis and the...

Are women better fund managers than men? And is Warren Buffett actually a woman trapped inside a man's body?That seems to be be the message in this fascinating interview with Pomegranate...

Rising dairy and beef prices are forcing McDonalds to do the unthinkable and removing the cheese from its infamous cheeseburgers, reports The Wall Street Journal. It's a significant move because...

The woes of what was once America's once-greatest icon, General Motors, go from bad to worse with the company announcing a $15.5 billion second quarter loss.It creates a vicious circle for the...

Merrill Lynch has shocked the market by announcing it plans to clean up its toxic balance sheet by raising $8.5 billion through a public share offering. That's after revealing another $5.7...

Last week, I did a blog entry attacking the Securities and Exchange Commission for its stunt cracking down on "naked" short selling. At the time, I said it would do nothing to stop market...

Some worrying news coming out of China.The Chinese economic juggernaut is slowing down and although it is still maintaining double digit growth, there is a problem with inflation and global setbacks...

The bailout of Fannie Mae and Freddie Max continue to raise questions.The US government's plan to rescue Fannie Mae and Freddie Mac got the initial tick. The big investors supported a $US3...