Many economists and energy forecast firms argue that oil supply will be abundant in 2010 and demand will be modest. That does not seem to matter to oil traders. The ... Read Full Story »
The recent report on global unemployment from the OECD predicted that developed country joblessness will reach post WW-II highs soon and will not improve much over the next two years. ... Read Full Story »
Reuters: The competition to dominate the green car market is increasing. Reuters: Obama will pressure the G20 on Wall St. reform. Reuters: Oracle (ORCL) earnings missed targets. Reuters: Opel's sales ... Read Full Story »
Markets in Asia were sharply higher. The Nikkei rose 1.7% to 10,444. The Hang Seng was up 2.4% to 21,918. The Shanghai Composite rose 2% to 3,060. At the open ... Read Full Story »
eBay (EBAY) shares are trading down about 2% at $23.96 on news that a company owned by Skype's founders has filed a filed a copyright suit against the VoIP company, ... Read Full Story »
KKR must not carry the clout it once did. Eastman Kodak (EK) announced that it expects to raise up to $700 million through a series of financing transactions, including a ... Read Full Story »
Oracle Corp. (NASDAQ: ORCL) was having a rough day ahead of its earnings and things don't look much better after the report. The CRM leader posted a 5% rise in ... Read Full Story »
The spin-off IPO for Shanda Games Limited (NASDAQ: GAME) is coming next week and the company has set the expected price band for its 63+ million American Depositary Shares in ... Read Full Story »
Omniture Inc. (NASDAQ: OMTR) seems like another niche ad-tech play that has gone on over the recent years, but it could possibly be much more. Adobe Systems, Inc. (NASDAQ: ADBE) ... Read Full Story »
Oracle Corp. (NASDAQ: ORCL) is on deck for earnings after the close of trading today. The consensus estimates from Thomson Reuters are $0.30 EPS and $5.25 billion in revenues. The ... Read Full Story »
There are a number of lists of the largest US public companies and the largest companies from overseas. These are published by several business magazines both in their print editions ... Read Full Story »
While everyone is stuck talking about the one year anniversary of the Lehman implosion and the real start of the next-to-last big leg down in the financial sector, there is a ... Read Full Story »
The weekly data on oil inventories from the Department of Energy is out and we are seeing another bullish yet mixed bag here in the numbers for oil prices. We ... Read Full Story »
CNBC's Becky Quick interviewed Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) at a very unusual venue this morning.... Fortune's Most Powerful Womenconference. The mainstay part of the discussion was ... Read Full Story »