Will GM (GM) and Chrysler file for protection from creditors, their unions, and supplier costs? Now there is a recent precedent to do so, maybe they are more likely to. ... Read Full Story »
Does the economy get worse from here or do the government programs recently signed into law increase confidence and start to put capital to work to create jobs and build ... Read Full Story »
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. ... Read Full Story »
According to Reuters, Allan Stanford was found in Virginia. Reuters reports that the stimulus is unlikely to fix state problems. Reuters writes that US consumer prices probably moved up in ... Read Full Story »
Markets in Asia were lower The Nikkei fell 1.9% to 7,416. The Hang Seng was down 2.5% to 12,703. The Shanghai Composite rose 1.5% to 2,261. In Europe, at the ... Read Full Story »