Filed under: Company News , Technology , Starbucks , McDonald’s McDonald’s ( MCD ) will offer free Wi-Fi at almost all of its U.S. restaurants starting early next year. Until now, the fast food chain has been charging $2.95 for two hours of service. McDonald’s U.S.A. Chief Information Officer, David Grooms, told The Wall Street Journal that the service will operate in 11,000 of the firm’s 14,000 American outlets. Continue reading Free Wi-Fi at McDonald’s Free Wi-Fi at McDonald’s originally appeared on DailyFinance on Wed, 16 Dec 2009 05:07:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Free Wi-Fi at McDonald’s

Filed under: People Congress Joe Baca (D-California) announced that he is giving up his effort to award Tiger Woods a Congressional Gold Medal for his work toward promoting good sportsmanship and breaking down barriers. “In light of the recent developments surrounding Tiger Woods and his family, I will not pursue legislation awarding him the Congressional Gold Medal this session,” said Baca in a statement. Continue reading No Congressional Gold Medal for Tiger Woods No Congressional Gold Medal for Tiger Woods originally appeared on DailyFinance on Thu, 10 Dec 2009 18:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Filed under: Economy Is the United States headed for a “new normal” — a slow-growth economy that lasts perhaps for as long as a decade? The evidence supporting the “new normal” argument, predicting a future in which the U.S. GDP grows at no more than 2.0% to 2.5% per year, is compelling. That low growth rate would constrain corporate revenue and earnings growth, and stock prices, among other consequences. The U.S. has already registered below-trend GDP growth at this recovery’s start – just 3.5% in Q3, as opposed to the more than 6% GDP growth typically registered in an expansion’s initial stage. Here’s why the slow-growth conditions might continue: Continue reading Seven reasons to expect a slow-growth U.S. economy ahead Seven reasons to expect a slow-growth U.S. economy ahead originally appeared on DailyFinance on Sun, 22 Nov 2009 15:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Investing , Stock Picks MasterCard ( MA ) looks to be charging back to stability sooner rather than later. The company swung to profitability in the third-quarter thanks to cost cuts and a slowdown in the rate of decline in consumer spending. Now if consumers would just start spending a smidge more, the company could generate some compelling growth. Continue reading MasterCard charges back to profitability MasterCard charges back to profitability originally appeared on DailyFinance on Wed, 11 Nov 2009 17:21:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Technology , Columns , Economy , People , Investing , Media Doug Kass’s 20 signs of how bad the economy is . ____________ Why is every public company hoarding its cash ? ____________ How has super-investor Dan Loeb’s hedge fund, Third Point, been doing so far this year ? ____________ Continue reading Daily Blogwatch: Why are companies hoarding cash? 20 signs that the economy is bad Daily Blogwatch: Why are companies hoarding cash? 20 signs that the economy is bad originally appeared on DailyFinance on Tue, 03 Nov 2009 08:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Economy Inflation hawks found few morsels to chew on in September’s personal income, consumer spending and inflation reports. Real disposable incomes and consumer spending declined 0.1 percent and 0.6 percent, respectively, while core consumer prices rose just 0.1 percent, the U.S. Commerce Department announced Friday . Economists surveyed by Bloomberg News had expected personal income to income to be flat, consumer spending to fall 0.6 percent, and core consumer prices to rise 0.1 percent. Continue reading Consumer spending falls, employment costs hit record low Consumer spending falls, employment costs hit record low originally appeared on DailyFinance on Fri, 30 Oct 2009 10:15:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Economy During the last recession in 2001, there were 22 months between the time that GDP started growing and the time that job growth resumed, according to The Boston Globe . Of course, this current recession has been far worse, so it could be three years before we start to see job creation. This comes to mind in analyzing today’s report that GDP grew 3.5 percent in the third quarter. It certainly helped that durable goods spending spiked 22.3 percent, as the Associated Press reported, with help from the $4,500 cash-for-clunkers rebate program — and that housing constructing spending soared even higher, up 23 percent, thanks to an $8,000 first-time home purchase tax credit, according to Bloomberg . Continue reading Will the employment recession last another three years? Will the employment recession last another three years? originally appeared on DailyFinance on Thu, 29 Oct 2009 12:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Company News , Technology , Earnings , Google , Motorola , Research In Motion , Apple Like a Phoenix risen from the ashes, Motorola ( MOT ), the one-time purveyor of that grey clamshell phone that everybody had back in the day, reported its second consecutive quarterly profit. It earned $12 million, or a penny per share, compared with analyst estimates of a break-even quarter. The bigger — and better news — came from Moto’s outlook. Execs predicted fourth-quarter earnings, excluding certain costs, of 7 cents to 9 cents a share, ahead of analyst expectations of 6 cents. Continue reading Motorola reboots, sees Droid powering big holiday sales Motorola reboots, sees Droid powering big holiday sales originally appeared on DailyFinance on Thu, 29 Oct 2009 12:45:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Media Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to offset rapidly eroding advertising sales. Average daily circulation at 379 U.S. newspapers plunged 10.6 percent in the April-September period from the same six-month stretch last year, according to figures released Monday by the Audit Bureau of Circulations. Continue reading Newspaper circulation drop accelerates Newspaper circulation drop accelerates originally appeared on DailyFinance on Mon, 26 Oct 2009 20:40:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Filed under: Retirement , Company News , Technology , Columns , Investing , Media How to implement super investor Jim Roger’s favorite investment idea . ______________________ Goldman loves these stocks with BRIC exposure. ______________________ Is this stimulus really working? ______________________ Continue reading Daily Blogwatch: Stocks the bull market overlooked Daily Blogwatch: Stocks the bull market overlooked originally appeared on DailyFinance on Fri, 09 Oct 2009 08:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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