David Magee

David Magee is the author of 12 books, including Jeff Immelt and the New GE Way, How Toyota Became #1, and The John Deere Way. A former columnist for the Chattanooga Times Free Press and a daily newspaper news editor, he has been a frequent guest on Fox Business and CNBC.

David Magee

  • U.S. Unemployment Drops, But Higher Gas Price Threat RisesU.S. Unemployment Drops, But Higher Gas Price Threat Rises

    January 06 2012 9:48 AM

    The latest government report shows that robust hiring activity in December -- better than expected -- pushed unemployment to its lowest level in three years. The Labor Department said December unemployment was 8.5 percent in America, and level we haven't seen since February 2009.

  • Facebook Login Risk: Ramnit Worm Steals User DetailsFacebook Login Risk: Ramnit Worm Steals User Details

    January 06 2012 8:42 AM

    Seculert said Ramnit has recently started targeting user accounts at Facebook, the world's largest social network with some 800 million users. Ramnit has apparently taken sensitive login details from 45,000 Facebook users throughout the world -- with most in Europe.

  • Sacramento Kings Fire Head Coach Paul Westphal After Poor StartSacramento Kings Fire Head Coach Paul Westphal After Poor Start

    January 05 2012 3:10 PM

    Westphal will be replaced by assistant Keith Smart.

  • Barnes & Noble May Separate Nook Business; Stock Falls 19 Percent on NewsBarnes & Noble May Separate Nook Business; Stock Falls 19 Percent on News

    January 05 2012 2:15 PM

    There's value in the Nook for BN, America's largest bookseller, but there's also a lot of cost. Prices are coming down in the e-reader and tablet spaces, thanks in part to BN competitor Amazon, which launched its new Kindle Fire tablet at a losing proposition against hardware costs to gain immediate market share. Amazon has also slashed prices on its Kindle e-readers, putting further pricing pressure on BN's Nook products.

  • Detroit Auto Show: Carmakers Faring Better But Challenges RemainDetroit Auto Show: Carmakers Faring Better But Challenges Remain

    January 05 2012 12:49 PM

    As one analyst said, the U.S. market isn't the cash cow it once was, but it's still a mature and profitable market, as opposed to more volatile emerging markets, or stagnant ones in Europe, said Rebecca Lindland, an analyst with the consulting firm IHS Automotive, according to The New York Times.

  • New Girl Scout Cookie: What's Your Favorite Flavor?New Girl Scout Cookie: What's Your Favorite Flavor?

    January 05 2012 8:06 AM

    Girl Scout cookie date more than 80 years back, and have been a vital part of the organization. This year the Girl Scouts are launching the new Savannah Smiles flavor, to join 10 others on the annual sale roster.

  • New Girl Scout Cookie 2012: Savannah Smiles DebutsNew Girl Scout Cookie 2012: Savannah Smiles Debuts

    January 05 2012 7:23 AM

    The bite-size cookie will come with a dusting of confectioner's sugar and the taste of a lemony twist. The Girl Scouts describe the new cookie like this: Celebrate the anniversary of the Girl Scouts with these bite-sized, lemon-wedge cookies dusted in powdered sugar and bursting with lemon flavor. Enjoy these delightful treats, remember where Girl Scouts began...and smile.

  • Pepsi May Cut 4,000 Jobs: ReportPepsi May Cut 4,000 Jobs: Report

    January 05 2012 7:10 AM

    Pepsi employs about 300,000 workers around the world, including 2,000 in Purchase, New York at company headquarters. The job cuts will involve some employs working in Purchase, according to The New York Post.

  • Oil Price Hovers Near $103; EU Agrees to Iran EmbargoOil Price Hovers Near $103; EU Agrees to Iran Embargo

    January 05 2012 6:58 AM

    The price of oil has been rising due to mounting tensions between Iran and the United States and other western countries. On Wednesday the pressure on Iran continued to ratchet up, as European Union governments agreed on to ban imports of Iranian oil.

  • EU Agrees to Iran Oil Embargo; Joins U.S. SanctionsEU Agrees to Iran Oil Embargo; Joins U.S. Sanctions

    January 04 2012 4:34 PM

    The EU governments in the 27-nation bloc agreed on the Iranian oil embargo, but now need to plan a timetable for implementing the move. France has suggested a date for beginning the embargo is set at a scheduled Jan. 30 meeting of the EU foreign ministers.

  • Orange Bowl 2012: Live Streaming #15 Clemson vs. #23 West Virginia

    January 04 2012 3:45 PM

    The game kicks off at 8:30 p.m. ET on Wednesday at Sun Life Stadium in Miami. Clemson, 10-3, of the ACC set school records for passing yards, total yards, and scoring this season. West Virginia, 9-3, of the Big East are 17th in the nation in total offense and seventh in the nation in passing.

  • MLK Day 2012: An American Day of Service Set for Jan. 16 (VIDEO)

    January 04 2012 12:42 PM

    The Corporation for National an Community Service (CNCS) leads Americans throughout the country who want to honor Dr. King's legacy and spirit of racial equality achievement by helping neighbors and their community. The MLK Day of Service involves thousands of projects, including those big and small, and reaches across all 50 states in the U.S.

  • Detroit Auto Show 2012: First Tractor to Be FeaturedDetroit Auto Show 2012: First Tractor to Be Featured

    January 04 2012 9:25 AM

    Cars and trucks are typically the focus on the North American International Auto Show. But the Detroit auto show 2012 will take a different angle this year as the first tractor is featured.

  • Yahoo! Inc. to Name PayPal Exec New CEO: ReportYahoo! Inc. to Name PayPal Exec New CEO: Report

    January 04 2012 8:45 AM

    Thompson has been president of PayPal, the online payments processing company, since 2008 after previously serving the company as its chief technology officer. According to AllThingsD, Yahoo and PayPal refused to comment on the story. PayPal, owned by eBay, processed $29 billion in payments in the third quarter of 2011, according to records.

  • Sugar Bowl 2012 Score Update: Michigan Leads Virginia Tech at Halftime

    January 03 2012 9:57 PM

    In the Sugar Bowl, defense has ruled so far, though the offenses did perk up just a bit before the half -- Wolverine style. Michigan scored its first points on a touchdown pass with just 49 seconds remaining in the half, and added another another field goal as time expired for the half after a crazy string of plays to take a 10-6 lead into the locker room. Denard Robinson threw the touchdown pass, while balancing on one foot, to Junior Hemingway for 45 yards and a score.

  • Iowa Caucus 2012 Results: Ron Paul Faring Well, Entrance Poll Says, With Romney, Santorum Close BehindIowa Caucus 2012 Results: Ron Paul Faring Well, Entrance Poll Says, With Romney, Santorum Close Behind

    January 03 2012 9:07 PM

    Romney and Paul were tied in the GOP presidential nomination caucus in entrance polls taken Tuesday. It's the first race in the 2012 presidential primaries.

  • Marriage Proposal Gone Wrong at UCLA Game (VIDEO)

    January 03 2012 8:50 PM

    The Bruins were playing Richmond on Dec. 23 at the Honda Center in Anaheim. UCLA's Mistletoe Cam focused on a couple at courstide. The man reached into his pocket with the camera on him, pulled out a ring and said, according to Yahoo, I knew that I was going to do this since the first day that I met you, and I figured now was as good a time as any.

  • Michigan-Virginia Tech: Live Streaming Available

    January 03 2012 7:47 PM

    The game features two of the better defensive teams in the country. Virginia Tech is ranked 13th in the nation, allowing just 313.9 yards per game, while Michigan ranked 18th in defense nationally, giving up 317.6 yards per game.

  • Sugar Bowl 2012: Live Streaming #11 Virginia Tech vs. #13 MichiganSugar Bowl 2012: Live Streaming #11 Virginia Tech vs. #13 Michigan

    January 03 2012 5:51 PM

    Higher ranked teams were passed up for the Sugar Bowl 2012, but try telling #11 Virginia Tech and #13 Michigan they don't belong. The Sugar Bowl committee opted to go with the two teams that give in the long run the best opportunity to put together a match-up that will provide a very exciting football game, said the bowl's CEO, and the teams say they want to deliver.

  • Will U.S. End Up in War With Iran in 2012?Will U.S. End Up in War With Iran in 2012?

    January 03 2012 4:47 PM

    The latest threat comes days after U.S. President Barack Obama signed into law sanctions against Iran's central bank which processes most of the country's oil-export payments. Obama and other leaders, including European Union foreign ministers set to meet in Brussels on Jan. 30 to consider a oil-export ban on Iran, hope more sanctions will slow the country from further developing its nuclear weapons program.