The music industry never saw the Apple (NASDAQ:AAPL) iPod coming. The iPod was an expensive toy when it was introduced in 2001. There was no reason to think it would do well. Digital multimedia players were not part of mainstream consumer electronics. The music industry has trouble tracking its own ... Read more

General Electric Company (NYSE: GE) is taking a bold and controversial new step into the field of embryonic stem cell research.  The company has signed an exclusive license and alliance pact with Geron Corporation (NASDAQ: GERN).  The aim here is to develop and commercialize cellular assay ... Read more

GM’s (GM) creditors have rejected a program that would have swapped most of the auto company’s debt for equity, effectively driving the firm into Chapter 11. The century that began with the mass production of the Model T in 1909 and ended with the worst collapse of domestic vehicl ... Read more

The last days have been big ones for link bashing. Rupert Murdoch accused Google in a speech of "stealing copyrights." Wall Street Journal Managing Editor Robert Thomson called Google and other aggregators “parasites or tapeworms,” charging Google and other unnamed aggregators wi ... Read more

By John Tamny of RealClearMarkets When it’s asked why foreigners frequently look askance at Americans, the answer usually boils down to our supposedly obnoxious nature; one that at times reveals itself in foreign policy initiatives that some around the world don’t like. But what is often overloo ... Read more

Over the last few weeks, the newspaper industry has entered a new period of decline over the last few weeks. The parent of the papers in Philadelphia declared bankruptcy as did the Journal Register chain. The Rocky Mountain News closed and the Seattle Post Intelligencer, owned by Hearst, now ... Read more

Sir Howard Stringer, the CEO of Sony (SNE), tried to convince himself and his company’s stockholders that the PS3 game platform would be a key component to turning the consumer electronics and entertainment firm around. Over the last month, things have not worked out well for Stringer ... Rea ... Read more

By John Tamny  RealClearMarkets Supply-siders are concerned with the quality of money, not its quantity. Nobody, except the market as a whole, could ever know how much of what kind of money is appropriate to finance expansion without inflation. Jude Wanniski, The Way the World Works ... Read more

General Motors (NYSE: GM) and Tiger Woods are calling their current endorsement deal quits.  The company and the world's greatest golfer have agreed to an amicable separation which will end his endorsement of GM effective on December 31.  What is interesting is that GM bothered to ... Read more