The Treasury said that it plans to dispose of the warrants that it got from banks as part of bail out financing given to, and, in some cases, forced upon ... Read Full Story »
The New York Times recently made the point that Acer may soon pass Dell (DELL) as the world’s second-largest PC manufacturer. This analysis indicates that Dell favored direct sales for ... Read Full Story »
The unemployment rate for June is likely to go to 9.6% or higher according to most analyst estimates. There are anecdotes from all over the country that businesses which have ... Read Full Story »
Reuters: GM will accept product liability on cars it has built in the past. Reuters: Obama could consider a second stimulus if necessary. Reuters: Rising office availability in NYC is ... Read Full Story »
Markets in Asia were mixed. The Nikkei fell 1% to 9,783. The Hang Seng was off .5% to 18,506. The Shanghai Composite rose 1.6% to 2,75. At the open in ... Read Full Story »
GE's (GE) CEO Jeff Immelt wants the US to focus on rebuilding its manufacturing economy in the hopes of expanding the American export base. The notion is laudable, but financially impossible. GE ... Read Full Story »
It is time for Detroit to pull its products and sponsorship dollars out of NASCAR. Toyota (TM) may be able to afford the marketing luxury, but Ford (F), Chevy, and Chrysler ... Read Full Story »
General Electric Co. (NYSE: GE) has now confirmed that it will open an advanced manufacturing technology and software center in Michigan called The Advanced Manufacturing and Software Technology Center. We ... Read Full Story »
NutriSystem, Inc. (NASDAQ: NTRI) is well known as the weight management and weight loss company that delivers specially designed food in bulk. You have seen its commercials on TV. Now ... Read Full Story »
The Commerce Department's Personal Income and Consumer Spending numbers have been released for May 2009 and the numbers were +1.4% on Personal Income and Consumer Spending was Up +0.3%. The ... Read Full Story »
Potash Corporation of Saskatchewan Inc. (NYSE: POT) did last night what most traders already feared was coming. The Canadian potash supply giant said that weak demand for its products and ... Read Full Story »
These are the top early-bird analyst calls with upgrades and downgrades seen this Friday morning with over two hours until the market opens: Central European Media (CETV) Raised to Neutral ... Read Full Story »
Japan's consumer price index fell 1.1% in May. According to the AP, that is a record drop. The Japan of 2009 is starting to look like the Japan of the ... Read Full Story »
GM wants to sell Hummer. It needs the money. Sichuan Tengzhong, a heavy equipment firm based in China, looked like a ready buyer. GM would like to find an acquirer ... Read Full Story »
Software applications which allowed owners of Apple (AAPL) iPhones to download pornography have started to disappear from the firm's huge App Store which now has more than 50,000 offerings. According ... Read Full Story »