When John King gives thanks next Thursday, he should remember to acknowledge Lou Dobbs, whose stunning departure from CNN enables King to become the network's big star.

It's not easy to admit you're wrong. I don't typically keep up with "new technology." In fact I've often been accused of living in the past. So when I found out about Twitter -- a year after it went mainstream -- I made a snap judgment regarding its purpose and intended use (and therefore its relative value or detriment to society).I was wrong. As I said unequivocally at the time "Twitter will be remembered as the peak of the social networking bubble." My reasoning which I still cling to in part was that Americans communicate far in excess of what is useful. ...

Am I the only guy in the entire civilized world that didn’t watch the game last night? And it was all anyone was talking about on my commute and here on the desk. Don’t get me wrong I love sports -- and baseball (which I played) in particular. But at the end of the day it’s just a bunch of guys hitting a ball with a stick. (I can feel my email inbox filling up as I write.)Asian stocks got a real smackdown overnight. The Hang Seng and the Nikkei were off 2.28% and 1.83% respectively. European stocks were ...

The S&P 500 fell for a fourth straight session -- its steepest drop since October 1st -- ensuring a close below the 50-day moving average as a 12% jump in the VIX had investors holding their nose. Read more on volatility in VXX Is a Hollow Move.Nathan Rothchild’s 199 year old advice to “Buy on the cannons sell on the trumpets” looked long in the tooth with Canon (CAJ) tumbling 2.28% after posting a 55% profit plunge. It was a bad day for Goodyear (GT) 19.59% lower in its sharpest sell off since the crash of October ‘87. In otherwise inauspicious ...

Another massive drop in circulation has forced newspapers down a path they can't stay on forever.