Bono, the Irish rock star, has put significant money into Elevation Partners, arguably the worst run institutional fund of any size in the United States. Bono is listed as one ... Read Full Story »
Reuters: A Chinese newspaper accused Google (GOOG) of helping US intelligence Reuters: JP Morgan (JPM) is close to a huge tax refund deal with the FDIC. Reuters: Oil dropped below ... Read Full Story »
By Robert Herbst For 2009, the nine largest airlines accumulated just over $4 billion in net losses. 2008 wasn't much better with a $3.5 billion loss. So far, 2010 projections show a ... Read Full Story »
ConocoPhillips (NYSE: COP) is living up to its promise, or at least trying to live up to the promise of selling some $10 billion in assets. According to reports from ... Read Full Story »
KB Home (NYSE:KBH) just reported first quarter 2010 numbers. Data the company disclosed reveals a possible housing recovery. Yet there are wide geographic disparities in the state of the housing ... Read Full Story »
3D television screens for the home are relatively new. Sony (SNE) has said that it will base a good deal of its future as a consumer electronic company on the technology. ... Read Full Story »
Today's BioHealth Business Daily is full of some of the names you might expect to see, but it also has some unusual names as well. We are seeing share price ... Read Full Story »
By John Hudson of The Atlantic Wire Google has officially shut down its Chinese search site. Users visiting Google.cn are now redirected to a Hong Kong portal, Google.hk where search ... Read Full Story »
Warren Buffett likes to buy companies with a very long time frame. In fact he likes the "Forever" trades. It seems that Buffett decided booze was a good deal. Berkshire ... Read Full Story »
Ethisphere released its annual list of "The World's Most Ethical Companies." The research identified 100 companies. A committee of leading attorneys, professors, government officials and organization leaders put together the criteria. After ... Read Full Story »
Updated thoughout the day. Carl Icahn will push for the sale of Biogen (BIIB) (Bloomberg) Buffett's Berkshire Hathaway (BRK.B) may be more liquor distributors after picked up Empire (Bloomberg) Nintendo ... Read Full Story »
These are this Tuesday's top ten analyst upgrades, downgrades, and initiations seen from early morning Wall Street research notes: American Superconductor Corporation (NASDAQ: AMSC) Raised to Buy at Jefferies. Automatic ... Read Full Story »
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter ... Read Full Story »
Time Warner (TWX) has spun out its Time Warner Cable (TWC) operation and AOL (AOL). That has left the company with TV programming, magazine, and studio assets. Wall St. has ... Read Full Story »
Nintendo has been able to keep a lead over Microsoft (MSFT) and Sony (SNE) in the high-end game console business. Its Wii routinely outsells the Xbox 360 and PS3. Now Nintendo ... Read Full Story »