GM (GM) cut advertising 28% in the first half of the year. The FT writes that Nielsen Monitor reports "overall spending in the first half of the year fell by ... Read Full Story »
It is hard to imagine that Mattel (MAT), under pressure for recalls of toys from Chinese factories, would apologize to the Chinese government, but it has. According to Reuters, a ... Read Full Story »
Markets in Europe are up modestly at 6.20 AM New York time.The FTSE rose .4% to 6,458. BP (BP) is up 1.1% to 596.5. Northern Rock is up 7.5% to ... Read Full Story »
Not to one to be out-flanked by NBC (GE) or ABC (DIS), News Corp's (NWS) Fox unit will offer some of its most popular shows free on Apple (AAPL) iTunes. ... Read Full Story »
The September short interest for NYSE stocks is out, and a number of big names in mortgages, retail ,and housing say bets against them move up. The figures compare shares ... Read Full Story »
This weekend may mark the official end of Summer, but VMware (NYSE:VMW) and EMC Corp. (NYSE:EMC) shareholders are going to have to watch the calendar. The brokerage firm and underwriting ... Read Full Story »
According to Retuers, Alan Greenspan says that housing price will fall much further due to oversupply.Reuters writes that the UAW and GM (GM) will begin bagaining again on Friday.Reuters reports ... Read Full Story »
Markets in Asia were mixed.The Nikkei fell .6% to 16,313. Sony (SNE) fell 1.8% to 5340. Toyota (TM) fell 1.9% to 6650.The Hang Seng rose .5% to 25,819. China Petroluem ... Read Full Story »