Politics

In a report released Friday morning, Bank of America analyst Wamsi Mohan provided some insight into how Ireland's decision to restructure its tax law will affect Apple Inc. (NASDAQ: AAPL). Mohan began by saying investors have taken a worst-case scenario approach, which assumes a 12.5...

It has been a rough month for shareholders of Federal National Mortgage Assctn Fnni Me (OTCBB: FNMA) and Federal Home Loan Mortgage Corp (OTCBB: FMCC), more commonly known as Fannie Mae and Freddie Mac. Last week, a judge dismissed 10 claims on behalf of Fannie and Freddie shareholders...

An ongoing trial about the American International Group Inc (NYSE: AIG) bailout has been grabbing a lot of headlines this week, with high-profile witnesses such as former Treasury Secretaries Timothy Geithner and Hank Paulson, and former Chairman of the Federal Reserve Ben Bernanke. There was...

The Federal Communications Commission has lifted a 40-year ban on sports blackouts, perhaps to the delight of a few NFL fans who can't make it to the stadium. The FCC said television revenue has become the main source of revenue for NFL franchises, which should create a "powerful...

There are several old trading adages related to the markets. The more common ones such as "Sell in May and go Away," "Santa Claus Rally" and the "January Effect" all refer to seasonal strategies to time the market. One that is not as well known, however, is the...

President Barack Obama declared last week that the United States would step up its counter-terrorism efforts against ISIL. In addition to selling more munitions and aviation fuel to the military, another benefit to the defense industry might be in the secret world of drones, communication and...

It is not as if the market needs any reason to rally on a particular day. This long-standing bull market has reinforced the the "buy the dip" mentally and dramatic turnarounds or rallies out of the blue are a commonplace event. News Moves The Markets In Both Directions However, on...

The U.S. government recently announced a new chief technology officer. Megan Smith, formerly the vice president in charge of the Google Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) research and development lab, GoogleX, was appointed to the U.S. CTO position, just the third person to hold that...

The Canadian government has a big decision to make: What should it choose for its next military aircraft purchase? The contenders are the Lockheed Martin Corporation (NYSE: LMT) F-35 Lightning II and the F-18 Super Hornet from The Boeing Company (NYSE: BA). Reports indicate that jet...

The defense sector has managed to influence members of Congress this year by spending nearly $62 million on lobbying activities. While not the biggest contributor to politicians from the business world, here are five companies that have spent the most during the 2013-2014 cycle. Lockheed...

The anger and unrest in Ferguson, Missouri, unleashed by the shooting death of an unarmed African-American teenager by a local police officer, has yet to abate. That unrest has drawn attention to local law enforcement's acquisition of military hardware, because of what is being seen as a...

It's a story about not just old versus new industries, but also about new technologies creating new opportunities. In a recent interview with the Federal Times, Marillyn Hewson, chairman, president and CEO at Lockheed Martin (NYSE: LMT), acknowledged her company was contending with new and...

The Pentagon announced Friday that it had launched an airstrike against Islamic militants (originally operating as the Islamic State of Iraq and Syria, but recently renamed the Islamic State of Iraq and the Levant) in northern Iraq. This came just hours after President Barack Obama said the...

The Obama Administration's announcement of billions in funding for Africa will benefit companies in the consumer sector such as Unilever (NYSE: UL), Johnson & Johnson (NYSE: JNJ) and McDonald's (NYSE: MCD) first. The aid is an interesting development for Africa, as major oil...

The August 2, 2014 edition of the New York Times will go down in history as the first major news publication to allow a marijuana company to purchase advertising space. Leafly, the “Yelp For Weed,” ran a full page ad featuring its apt new slogan, “Just Say Know.” Leafly....