Intel (INTC) is about to hit the market with a new set of graphics chips and they are aimed directly at the hearts of Nvidia (NVDA) and AMD (AMD) which ... Read Full Story »
HSBC (HBC) is the latest money center bank to be clobbered by more write-downs. For the most recently reported quarter net profit fell to $7.72 billion from $10.9 billion a ... Read Full Story »
Nintendo owns so much of the video game console market that it may be coming up against market share problems. But, the entire industry could be facing the issue of ... Read Full Story »
Chrysler had a fair amount of trouble re-financing a relatively large portion of its debt. The company's finance division was only able to raise $24 billion to replace a $30 ... Read Full Story »
Orchard Lake, Michigan, August 3rd, 2008. A modest-sized office building with room for twenty tenants just north of this town of well-to-do homeowners does not have a single tenant. It ... Read Full Story »
In an interview with Fortune that will be published shortly, James Cayne told a reporter that he was in the hospital for 10 days back in September, suffering from sepsis ... Read Full Story »
Carl Icahn has evolved over the years, first rising to fame a "corporate raider", followed by an ill-fated journey into actual management at the helm of TWA and, most recently, ... Read Full Story »
According to Reuters, the Fed will sit tight on rates as oil prices moderate.Reuters writes that Verizon (VZ) labor talks have continued past their dealine.Reuters reports that Chrysler renewed its ... Read Full Story »
Markets in Asia were sharply lower.The Nikkei fell 1.2% to 12,933. Honda (HMC) fell 5.8% to KDDI rose 4.6% to 657000.The Hang Seng dropped 1.6% to 22,493. China Life (LFC) ... Read Full Story »