There is nothing like having cash when no one else does. The few large sovereign funds have big bags of money and have used them to pick up assets in ... Read Full Story »
Hank Greenberg, former chief of AIG (AIG), still walks the avenues of Wall St. at night, plotting how to get his old job back. He has been in a series ... Read Full Story »
The Boeing (BA) Dreamliner has been delayed so many times that it defies counting. The plane was to have been out already and delivered to some customers. It has been ... Read Full Story »
According to Reuters, AIG (AIG) lost $7.8 billion in the last quarter and will have to raise money.Reuters reports that Google says it will have revenue enhancing products for YouTube ... Read Full Story »
Markets in Asia were mostly lower.The Nikkei fell 2.1% to 13,655. Sony (SNE) fell 3.1% to 4620. Toyota (TM) fell Toyota (TM) rose 1.3% to 2305.The Hang Seng fell 1.7% ... Read Full Story »