Apple Computer Inc. brought Steve Jobs back to the company in 1997 and found amazing success, but that has led to a “Steve Jobs Syndrome” that convinces companies to bring back formerly successful top executives even as an academic study shows it may not be a good idea. The Walt Disney Co. DIS, +6.30% is … Read more
Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday season. Nvidia reported fiscal third-quarter revenue that was slightly better than analysts’ reduced expectations Wednesday, but the numbers weren’t … Read more
This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one industry — stands out. In its 13F filing with the the Securities and Exchange Commission on Nov. 14, Berkshire … Read more
In late May, Conde Nast’s LGBT site them.us went out of its way to distance a nascent viral scourge known as monkeypox from the main demographic who was catching it — gay men. The piece headlined, “The Monkeypox Virus Is Affecting Queer Men, but Has Nothing to Do With Being Queer,” stated that “while a … Read more
The self-styled Cajun John Wayne was at it again on Wednesday, only now he was not a cop who resigned from a Louisiana police department while facing disciplinary charges for lying about roughing somebody up. And Clay Higgins‘tough talk was no longer aimed at fugitive felons, as when he made viral crimestopper videos at the … Read more
Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched … Read more
Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading. Amid troubling economic signs, tech stocks have been battered so far this year, and fears about a slowdown among Big Tech names had Wall … Read more
Watch for a second front in the Ukraine war. Vladimir Putin is pressing Belarusian dictator Alexander Lukashenko to bring his troops into the fight. Until now, the prospects for this have been slim. The war is unpopular in Belarus, and top military commanders apparently doubt the wisdom of direct intervention (Belarus has been helping Russia … Read more
As a Savannah-based home builder with more than 40 years of experience, I have seen that every year, entry-level housing is increasingly difficult to build. I am not alone. There are many reasons why builders across the US are unable to build affordably priced homes targeted to the critical first-time home buyer: Rising costs stemming … Read more