Wendy's Lowers Obamacare Cost Estimate
Wendy's has sharply lowered its estimate on how much Obamacare will cost employers, from $25,000 to $5,000 per restaurant. Other restaurant chains are doing the same.
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Wall Street Watch Tuesday: Caterpillar Gets Pessimistic
Caterpillar, the world's largest maker of construction and mining equipment, is cutting its long-term growth outlook. And that's bad news for all around, because this industrial giant's not just a company, it's a global economic bellwether.
Dow Loses 251, Its Second-Biggest Drop of the Year
Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.
Adobe Can't Photoshop Away Its Own Fading Prospects
Adobe is No. 1 when it comes to arming publishers with the tools to stand out in cyberspace. Adobe Flash, Adobe Acrobat and Adobe Reader are everywhere. But there are big clouds on the horizon for the software company -- and one is the Cloud itself.
What to Watch This Week: Real Earnings Reports and Fake Window Dressing
Here's what may shape the week ahead for Wall Street: Earnings reports from Best Buy and Walgreens may disappoint, while Lennar and Red Hat probably won't. And fund managers will jump into last quarter's winners to fool clients into thinking they're more clever than they are.
IBM Capitalizes on a Need to Make Cities Smarter
Last week, IBM announced its Intelligent Operations Center for Smarter Cities, aimed at providing in one easy package a software platform for cities to use in monitoring and managing city resources. Trefis sees this as a potentially huge boost IBM's lucrative middleware business.