Feed

Could Best Buy Be Your Next Electric Car Dealer?

Best Buy (BBY) has done great things in recent years, even amid the economic downturn and a crunch in consumer spending. It has basically pushed Circuit City out of the market forever, held its own against the likes of Walmart (WMT) in flat-panel televisions and consumer electronics, and has launched various initiatives for the future.

Why keep itself to the consumer electronics space, then? At some point, could the largest consumer electronics retailer in the U.S. carry electric vehicles alongside those LCD televisions? Best Buy's recent push into individual "green" transportation indicates that the passenger vehicle of the future may not be something you visit a traditional automobile dealer for.

Continue reading Could Best Buy Be Your Next Electric Car Dealer?

Boeing Flies Its Biggest Plane to Date

It was a big day for aerospace giant The Boeing Company (BA), which celebrated the inaugural flight of the biggest plane the company has ever built.

The plane, the Boeing 747-8, was originally planned to get off the ground over a year ago, but the delay did not dampen the mood at today's take off. Hundreds of employees and spectators on hand to watch the massive 253 foot jumbo jet take flight for the first time.

Continue reading Boeing Flies Its Biggest Plane to Date

Google's Display Ads to Generate $1 Billion

Google (GOOG) has generated most of its income from the Ad Words program. When using it, you choose a group of words that you think will come up in an online search. You agree to pay from 1 cent upwards each time your words are clicked upon. Google uses a bidding war technique with its Ad Words program. The highest bidder per word gets to place its website on the top ten of a search page. That program has been fantastic for Google.

At the same time Yahoo! (YHOO) has taken a different road. It chose to offer display ads on search pages. The ads component added to its revenue stream in 2009, making it number one.


Continue reading Google's Display Ads to Generate $1 Billion

Walgreen to Sell Fresh Foods and Prepared Meals

Walgreens (WAG), the drug superstore chain that has found renewed competition with mass retailers Walmart (WMT) and Target (TGT), will enter the fresh food and prepared meal market in some of its stores. The reason: Walgreens wants to cater to "time starved" shoppers. This must be the type of shopper who doesn't want to slog through acres of a big-box store only to stand in a checkout line for 10 minutes, right?

Continue reading Walgreen to Sell Fresh Foods and Prepared Meals

Big Stimulus Money Is Hitting the Wires

One facet of the Obama administration's sweeping stimulus initiatives of which I have taken particular interest is its protracted effort to increase our national broadband access and capabilities. In pursuit of that end, The Broadband Technologies Opportunities Program (BTOP), which seeks to build and enhance broadband access in unserved and underserved regions of our country, has been provided with over $4.5 billion in Recovery Act funds.

I am pleased to report that amazingly, BTOP has already dispensed with much of the red tape that might normally bog down an effort of this magnitude. Large chunks of BTOP funds are beginning to be granted. In the short term, the benefit of this program may well be to create jobs. In the long term, these infrastructure improvements could possibly increase the profit bases of companies such as Verizon Communications (VZ), Sprint Nextel Corp. (S), AT&T (ATT) and a host of other digital communication and entertainment providers.

Continue reading Big Stimulus Money Is Hitting the Wires

Ford Tells Hybrid Customers to Get Software Upgrade for Braking Issues

Now that Toyota Motor Company (TM) is embroiled in a sea of bad publicity and severe trust problems around the world, Ford Motor Company (F) has now announced that a "software upgrade" to owners of recent Ford Fusion Hybrid vehicle owners is needed to fix "strange feelings" in the brakes of those cars.

So, what is it with all these higher-tech vehicles having so many odd braking problems? Good question -- and now that the similar issues from Toyota and Ford are now public, how many other cars will need a reboot to fix problems? Although Toyota's CEO has now publicly apologized for that automaker's numerous issues, will Ford do the same? Is this the new order of the day: transparency and apology from automakers in lieu of recalls?

Continue reading Ford Tells Hybrid Customers to Get Software Upgrade for Braking Issues

Google a Vampire in Cuban's Eyes

You have to love Mark Cuban. The guy basically hasn't stopped chattering about tech and business since selling Broadcast.com to Yahoo! Inc. (YHOO) for billions at the height of the dotcom boom almost a decade ago. Although opinionated, much of what comes out of Cuban's mouth is prescient or garbage. The NBA aside, Cuban's latest foe is none other than Google Inc. (GOOG). The company that promises to "do no evil" is being called a "vampire" by the billionaire blabbermouth. How touching.

Continue reading Google a Vampire in Cuban's Eyes

Oil Plunges 5% on Fears That European Economies May Falter

This morning the big news of the day was the drubbing of European stock markets as fear spread throughout the region. Fear was generated by concern that some European countries could default on their sovereign debt. Among them are Greece, Spain, and Portugal.

Greece's budget gap is 12.7% of GDP Greece has to slash spending and may need IMF assistance.

Investors sold investment deemed risky such as commodities, gold and stocks and moved their money into bonds. This started a selling frenzy in commodities with oil falling $3.14 per barrel to $73.14 per barrel. Brent crude fell $3.79 per barrel to $72.13 per barrel.

Continue reading Oil Plunges 5% on Fears That European Economies May Falter

Microsoft: Windows 7 Fastest-Selling Operating System Ever

Microsoft (MSFT) is constantly called "dinosaur" and "laggard" in regards to its reputation in the consumer computer and electronics areas. One thing the world's largest computer software company does well, however, is crank out billions in sales (and profits) every quarter -- something that garners it fleeting recognition.

Continue reading Microsoft: Windows 7 Fastest-Selling Operating System Ever

Apple $300 -- Not This Year!

Shortly after the introduction of Apple, Inc.'s (AAPL) long anticipated iPad tablet computer I was quite surprised to receive an email from one of our more astute readers boldly stating "Game, set and match. See you at $300"

My immediate reaction was that this overly zealous stock trader and Apple enthusiast had let all reason escape his cranium. For me it reinforced how irrational investors are and how little they understand numbers. Apple stock will not reach $300 this year.

Continue reading Apple $300 -- Not This Year!

Have Toyota's Troubles Sent Customers to GM and Ford?

Toyota (TM) is now in the driver's seat of its largest vehicle recall in its U.S. history, and with it a solid reputation is being tarnished with a few industrial-size blowtorches. Although Toyota's U.S. head has actually apologized for the accelerator issues so many Toyota models are experiencing, halting sales of new cars is crimping Toyota's sales every minute of every day. So much, in fact, that the Japanese automaker may be ceding sales to the improbable: U.S. competitors General Motors and Ford(F).

Continue reading Have Toyota's Troubles Sent Customers to GM and Ford?

Softbank Tunes Up a $75M Investment in Ustream

Based in Silicon Valley, Ustream has built a sophisticated platform that allows users to stream videos on their desktops or mobile phones. In January, the company had roughly 50 million unique users.

But of course, Ustream wants even more. So why not go into Asia?

To this end, Ustream has struck a major financing deal, led by Softbank (a major telecom operator in Japan). The round comes to $75 million, with the first tranche at $20 million. The remaining portion is an option to purchase shares in Ustream.

Continue reading Softbank Tunes Up a $75M Investment in Ustream

Is the Free Ride Over at Hulu?

Ahhh, Hulu. That wonderful destination where I can re-acquaint myself with my favorite Justin-Timberlake-on-SNL moments, catch up on episodes of Greek, and search for those old Silver Spoons clips I remember so fondly. The two-year-old website is a joint venture between Walt Disney's (DIS) ABC Network, General Electric's (GE) NBC Universal division, and News Corp.'s (NWS) FOX Entertainment Group, and is partially funded by Providence Equity Partners.

But just as online news readers may soon be charged to access The New York Times online, we may have to open our wallets for certain corners of the Hulu universe (they will likely still let me watch Silver Spoons for free).

Continue reading Is the Free Ride Over at Hulu?

Best Buy to Create 1,000 Geek Squad Jobs in the UK

Best Buy (BBY) will be bringing a whopping 1,000 jobs to its UK operations in the next five years as it unleashes and builds the Geek Squad services brand outside the U.S. Citing an increased demand for consumer support after technology purchases, this is a great move for the leading U.S. consumer electronics retailer in its effort to grow internationally.

Although a handful of brands design to simplistic consumer tastes, most do not -- seeding a demand for help connecting and using everything from MP3 players to digital cameras to laptops and netbook PCs.

Continue reading Best Buy to Create 1,000 Geek Squad Jobs in the UK

Apple's IPad Underwhelming for Consumers, but Not Educators

While the entire world was wrapped up in the hype of the Apple (AAPL) iPad launch Wednesday, many tech enthusiasts, bloggers and uber-geeks -- the kind who hang on anything Steve Jobs belches out -- came away mostly underwhelmed and disappointed.

Apple, after knocking the middle ground between laptop and smartphone, unveiled a product that, well doesn't really have any of the best qualities of both. So, the iPad may go down as one of the biggest launch letdowns in Apple's recent history. It's already being called a larger iPod touch with an e-book reader attached. Not flattering, Apple.

Continue reading Apple's IPad Underwhelming for Consumers, but Not Educators

Next Page »

Symbol Lookup
IndexesChangePrice
DJIA+143.4410,051.83
NASDAQ+22.632,148.68
S&P 500+12.811,069.55

Last updated: February 09, 2010: 11:57 AM

Hot Stocks

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

CNNMoney Headlines

More CNNMoney.com

Financial Times Headlines

More Financial Times

CNBC Headlines

More CNBC.com

SmartMoney Headlines

More SmartMoney

Fox Business Headlines

More Fox Business

Engadget Headlines

More Engadget

DailyFinance Headlines

More DailyFinance

WalletPop Headlines

    More WalletPop

    Aol Small Business Headlines

    More Aol Small Business

    Luxist Headlines

    More Luxist

    HousingWatch Headlines

    More HousingWatch

    Aol News Headlines

    More Aol News