Just as it appeared that Blockbuster would be liquidated Dish Network bought it for $320.6 million in a process overseen by a federal bankruptcy court, according to The Wall Street ... Read Full Story »
Moody's cuts Spain's rating and said current cuts were possible (Reuters) China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been ... Read Full Story »
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ... Read Full Story »
Blockbuster filed for Chapter 11 as expected. The rental chain declared that it reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the company's 11 ... Read Full Story »
Reuters: The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters: An SEC watchdog said the timing of the charges ... Read Full Story »
Updated throughout the day. Sinochem has hired bankers to consider at bid for Potash (Reuters) The CEO of HSBC (NYSE: HBC) may quit if he is not named chairman of ... Read Full Story »
Reuters: White House adviser Larry Summers will leave. Reuters: There is more support in Washington to press China hard on the yuan. Reuters: The prime minister of Japan said its ... Read Full Story »