The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets ... Read Full Story »
Eurozone ministers reject a settlement between private bondholders and Greece. (Reuters) Macy’s (NYSE: M) sues Martha Stewart Omnimedia (NYSE: MSO) over a deal the media company did with JCPenney (NYSE: ... Read Full Story »
Italy’s GDP dropped o.2% from the second quarter to the third. This will undermine hopes that expansion coupled with austerity will quickly bring Italy’s deficit lower. That, in turn, should ... Read Full Story »
The UK says it will not contribute to a new IMF-based 150 billion euro package for use in bailing out regional economies. The UK government senses that as it pushes it ... Read Full Story »
Fitch is skeptical that European Union officials can solve the sovereign debt crisis. (Reuters) The rising U.S. deficit could undermine health care reforms. (Reuters) The S&P 500 may not close ... Read Full Story »
Worries about the EU solution to the sovereign debt crisis rise. (Reuters) U.S. firms will be asked to disclose relationships with Syria and Iran. (FT) Many jobless Americans face cut off ... Read Full Story »
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) ... Read Full Story »
Updated throughout the day. AT&T (NYSE: T) will sell more assets to get government approval of the buyout of T-Mobile (WSJ) Microsoft (NASDAQ: MSFT) may participate in a bid for ... Read Full Story »
Research firm GfK reports that brand loyalty to Apple (NASDAQ: AAPL) is much higher than to other wireless products (Reuters) AT&T (NYSE: T) began to ready itself for the probable end ... Read Full Story »
AT&T (NYSE:T) has admitted that government resistance to its deal to buy T-Mobile may wreck the chances that the transaction will happen. The huge American telecom company said, "As a ... Read Full Story »
The Obama Administration will release a plan on Monday to help people with underwater mortgages and good credit to get new refinanced home loans at present rates which are the ... Read Full Story »
Obama proposes a $447 billion job stimulation package. (Reuters) Economic problems to be the focus of G7 meetings. (Reuters) One Super Congress member threatens to quit over concerns about military ... Read Full Story »
AT&T (NYSE: T) has made a clever move to make its buyout of T-Mobile more attractive to government regulators. The huge telecommunications company says it will add 5,000 call-center jobs ... Read Full Story »