Russia has begun to ship gas to Europe through the Ukraine again. The dispute over whether Ukraine firm Naftogaz was siphoning fuel is now over, at least for now.Russia faces ... Read Full Story »
The airline industry keeps drawing the short straw.A year ago, the carriers were being pounded by high jet fuel price due to rocketing crude. Now the price of oil is ... Read Full Story »
IBM (IBM) has become a target of antitrust regulators in the European Union. Several media sources say that a US company called T3 Technologies claims that IBM refused to offer ... Read Full Story »
The New York Times will probably not be writing a piece on the fact that Carlos Slim has occasionally been accused of creating his great wealth in part because he ... Read Full Story »
According to Reuters, Chrysler and Fiat in are in talks about a possible partnership.Reuters reports that Carlos Slim will invest $250 million in The New York Times.Reuters writes that China ... Read Full Story »
Markets In Asia were mostly lower.The Nikkei fell 2.3% to 8,066.The Hang Seng was off 2.6% to 12,993.The Shanghai Composite rose .4% to 1.994/At the open in Europe, the FTSE ... Read Full Story »
"In the long history of the world, only a few generations have been granted the role of defending freedom in its hour of maximum danger".--Kennedy Inaugural Address 1961."We must do ... Read Full Story »
Check with Sun (JAVA). The server end of the tech industry has poor margins and unforgiving competition. HP (HPQ) has a server division. It grew only .7% in the company's ... Read Full Story »
Fiat is very near an agreement with Chrysler to take a piece of the No.3 US car company. The deal will need the blessing of the Treasury Department which is ... Read Full Story »
This week is the launch of earnings season, and we have outlined the companies which we believe will have the largest impact on their sector or on the overall market. ... Read Full Story »
Fox Business has been sending us PR alerts off and on for the last several business days. Usually the editors here would find them helpful. We are not allowed to ... Read Full Story »
The EU finally owned up to what everyone already knew. It will face its first recession since it was formed over ten years ago. It was nothing more than a ... Read Full Story »
John Tamny, RealClearMarketsLast fall, in an Oct. 16 interview with CNBC's Larry Kudlow, outgoing U.S. Treasury Secretary Henry Paulson addressed the imposition of the Troubled Asset Relief Program on banks, ... Read Full Story »
The next big threat to bank earnings may be corporate defaults on debt, much if it originally supplied by the banks themselves. The irony is that the problem could be ... Read Full Story »
What is it with billionaires and newspaper publishers?Carlos Slim, the Mexican telecommunications tycoon, is consideringincreasing his investment in the New York Times Co. (NYSE:NYT) byseveral hundred million dollars, according to ... Read Full Story »