BP plc (NYSE: BP) faces what may be the hardest decision in its history. The U.S. government has supposedly asked for a $20 billion escrow fund to cover clean-up costs ... Read Full Story »
Reuters: Credit agencies may not be badly damaged in the financial reform bill. Reuters: Moody's (NYSE: MCO) cut Greece's rating to junk. Reuters: The euro dropped on profit taking. Reuters: ... Read Full Story »
Rumors have begun to circulate that Research In Motion (NASDAQ: RIMM) will launch a new BlackBerry and a tablet PC to compete with Apple Inc.'s (NASDAQ: AAPL) iPad and iPhone. ... Read Full Story »
Faced with unrelenting pressure to show that it can fix the Deepwater Horizon rig wreck oil leak, BP plc (NYSE: BP) has written Rear Admiral James Watson of the Coast ... Read Full Story »
The House Committee on Energy and Commerce has sent a letter to BP plc (NYSE: BP) CEO Tony Hayward questioning the actions of the company and some of its employees ... Read Full Story »
Starbucks (NASDAQ: SBUX), following in the footsteps of McDonald's (NYSE: MCD) and most small municipal libraries, will begin to offer free WiFi beginning July 1. No reason for the delay ... Read Full Story »
Moody's downgraded Greek debt to junk. Moody's Investors Service has today downgraded Greece's government bond ratings by four notches to Ba1 from A3, reflecting its view of the country's medium-term ... Read Full Story »
Amazon.com (NASDAQ: AMZN) is by a number of measures the most visited retail site in the US, the most successful e-commerce company in the world, and the online retailer with ... Read Full Story »
Apple Inc. (NASDAQ: AAPL) will sell its new iPhone in its own retail stores and in Walmart (NYSE: WMT). The should allow the handset and consumer electronics company will have ... Read Full Story »
The Reuters/University of Michigan sentiment index rose last Friday that consumer confidence grew to 75.5. The figure was better than most forecasts. The news caused a sharp market rally, but ... Read Full Story »
By Benjamin Carlson of The Atlantic Wire President Obama makes his fourth visit to the Gulf this week, and on Tuesday he will give a national prime-time address about the ... Read Full Story »
YRC Worldwide Inc. (NASDAQ: YRCW) is seeing much trading interest this morning after it confirmed prior expectations that the company will see positive adjusted EBITDA on a consolidated basis and ... Read Full Story »
There are several big movers this morning for day traders and active traders that look for stocks with gap-ups or gap-downs. Stocks with news or events causing moves are Actel ... Read Full Story »
In the face of a stagnant US job market, falling real estate prices in America, and an unprecedented crisis in Europe which could cause huge losses for regional banks, St ... Read Full Story »