Dow Chemcial (DOW) will buy Rolm and Hass (ROH) for $78 a share or $18.8 billion. Reuters writes that Dow will make the purchase to broaden its product offerings in ... Read Full Story »
Toyota (TM) is planing to sharply cut its SUV and pick-up production in the US. It can see the writing on the wall as well as anyone. Don't build what ... Read Full Story »
The enemy of my friend is my enemy. Or, the enemy of my friend is my friend. Or, the enemy of my enemy is my enemy.Yahoo! (YHOO) is finding out ... Read Full Story »
Steve Jobs sees that smartphones, especially the Apple (AAPL) iPhone are the future of computing. Who needs a PC when a handset will do?To get to Mr. Jobs goals, Apple ... Read Full Story »
"Strong wind does not last all morning; strong rain does not continue all day"--Lao Tsu, Tai Te ChingChina's mighty export machine, the envy of the 21st century economic world, is ... Read Full Story »
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have a quarter loss of $2.6 to $2.8 billion.Reuters writes that ... Read Full Story »
Markets in Asia were mixedThe Nikkei rose .1% to 13,067. Sony (SNE) rose 1.2% to 4400. Toyota (TM) rose 1% to 4980.The Hang Seng fell .2% to 21,759. China Life ... Read Full Story »