Facebook says it will allow local retailers to send offers to users. The "Deals" service is based on Facebook technology which allows members to share their locations via their cellphone ... Read Full Story »
The Canadian government has rejected an attempt by BHP Billiton (NYSE: BHP) to buy fertilizer company Potash (NYSE: POT). BHP has 30 days to try to change the government's mind. ... Read Full Story »
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat ... Read Full Story »
The Canadian government blocked BHP Billiton's (NYSE: BHP) $39 billion takeover of Potash (NYSE: POT), which is based in Saskatchewan The move will likely severely damage Canada's reputation as an open ... Read Full Story »
By Catherine Wood Inflation is dead, according to financial pundits in the papers and on TV. The Federal Reserve has kept interest rates near zero to stimulate the economy. Mortgage ... Read Full Story »
In the midst of the one of the worst car sales environments in US history, GM has announced details of its IPO. If the company were not the leading auto ... Read Full Story »
Investors may be giddy with delight over last night's decisive Republican victory in the midterm elections. But a reality check is in order. Marco Rubio, the new Republican Senator-elect from ... Read Full Story »
From AppleInsider: Apple has not provided enough evidence to prove that Nokia has violated patents, according to a memo from the International Trade Commission obtained by the International Trade Commission. ... Read Full Story »
We already got past the election news in a hurry. Now we know what the FOMC's version of quantitative easing, or QE2 by many in the press, will look like. ... Read Full Story »
Dollar stores are still king... Unemployment is expected to remain high, or at least 'under-employment' will reign as a continued theme ahead. This presents a challenge for many retailers out ... Read Full Story »
In its first fiscal quarter of 2011, ending June 30, 2010, India posted GDP growth of 8.8%, the country's highest growth rate in 3 years. Manufacturing grew a whopping 12.4%, ... Read Full Story »
Last April Qwest Communications International Inc. (NYSE: Q) agreed to a merger with CenturyLink, Inc. (NYSE: CTL), then known as CenturyTel, for $10.6 billion in CenturyLink stock and assumption of ... Read Full Story »
The elections are over and the Republicans took over the House but not the Senate as expected. Today is D-Day for Quantitative Easing or QE2... Decision Day. Now it is ... Read Full Story »
We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States. Some is seasonal, and some may be due to outside demand issues. ... Read Full Story »
Chimera Investment Corporation (NYSE: CIM) is supposed to be a toxic mortgage winner in the land of Real Estate Investment Trusts. The REIT is also a serial capital raising entity, ... Read Full Story »