Shares of Jet Blue closed lower on Thursday despite results that showed it was one of only a few airlines to make a profit last quarter. Buy the dip? Read More
Silicon Valley's watching Twitter to see whether and how it turns its popularity into profits. The social media site's new terms of service have everything to do with the goal of improving the service and starting a revenue stream. Read More
Twitter's popularity is exploding; there are no official stats, but it has in the ballpark of 35 million users. So how can all this attention can be turned into profits? As of now the company has zero revenue. Read More
If you could build a marketable baseball player from scratch, you’d probably come up with someone like Derek Jeter. A close second would be David Ortiz. Ortiz was in a major market. He was a slugger. He was part of two championship teams in a short period of time and he had a golden smile. Read More
Empty storefronts can deter shoppers but there are some very creative solutions coming out to plug these gaping holes in the retail landscape, such as putting ads or art in the windows. One town is even considering making it mandatory for landlords to have something pretty in the window to avert urban decay. Read More
ADP said May private sector jobs fell by 532k, about in line with expectations of a drop of 525k. The good news is that the level of job losses has clearly stabilized; the bad news is that we are still not seeing much of an increase in hiring. Bottom line: unemployment rate will continue to rise, at least in the near future. Read More