Suppose that most of the estimates of what it will cost to bail out Europe's weakest nations and their banks are wrong. Suppose that the costs will be twice as much ... Read Full Story »
Record iPhone 5 Preorders AT&T Inc. (NYSE: T) claims the Apple Inc. (NASDAQ: AAPL) iPhone 5 set a presale order record, supporting news over the weekend that even Apple itself is ... Read Full Story »
Spain is again taking the center stage, even after Greece's Prime Minister Samaras was meeting with Angela Merkel of Germany. And now we have seen headlines on the broad tape that ... Read Full Story »
Standard Chartered continues to seek an agreement with the U.S. government to settle money laundering charges. (Reuters) The new Samsung tablet has a unique split screen technology. (Reuters) A judge ... Read Full Story »
Gallup has released results of a poll about the attitude of the Chinese toward pollution. Experts have long believed that the People’s Republic cares little about clean water or air when ... Read Full Story »
JP Morgan (NYSE: JPM) sells $25 billion in profitable securities to offset its trade debacle. (Reuters) The SEC examines JP Morgan financial reports. (Reuters) Marubeni buys U.S. grain company Gavilon Holdings for ... Read Full Story »
One of the proposals to salvage the financial fortunes of Europe’s weakest nations is to fund their largest banks. The theory goes that each of these nations has a troubled bank system that ... Read Full Story »