Ford (F) had one piece of good news. It is still cutting costs. It is on track to cut annual expenses by $5 billion compared with 2005.For obvious reasons, the ... Read Full Story »
Motorola (MOT) is a first class example of what Ivy League business school professors do not want their students to know. It might frighten the horses. At some companies, there ... Read Full Story »
There have been some minority reports from pessimists like NYU economist Nouriel Roubini which say that China's economy may be faltering as badly, if not worse, than America's. No one ... Read Full Story »
GM (GM), Ford (F), and Chrysler managements are shuttling in and out of Washington trying to get both the people leaving and the people coming in to lend them $30 ... Read Full Story »
It may have occurred to Microsoft (MSFT) that Yahoo! (YHOO) is so badly wounded by its own poor management that a buyout of the portal company would be more trouble ... Read Full Story »
One of the recurring themes found in the history of the airline industry is the ability of carriers to go into Chapter 11 often emerging with little debt and fewer ... Read Full Story »
By John Tamny, Real Clear MarketsIn his Tract on Monetary Reform, John Maynard Keynes made the essential point that when money is debased, enterprise is discredited, and trade barriers soon ... Read Full Story »
According to Reuters, the government is set to announced the country's tenth straight month of jobs losses.Reuters reports that Chrysler is burning through it cash quickly and the company may ... Read Full Story »
Markets in Asia were mixed.The Nikkei fell 3.6% to 8,583. Shares in Toyota (TM) fell on a profit warning.The Hang Seng rose 3.3% to 14,238. HSBC (HBC) rose.The Shanghai Composite ... Read Full Story »