Updated throughout the day. India and Research In Motion (NASDAQ: RIMM) are closer to settling their Blackberry communications dispute (Reuters) Wal-mart (NYSE: WMT) is closer to the purchase of Indonesia retailer Matahari. (Reuters) Sourcefire…
The new Microsoft (NASADQ: MSFT) Kinect, which has already sold 1 million units, and updated versions of products from Sony (NYSE: SNE), and Nintendo had all better sell well in November and December. Otherwise,…
The Bipartisan Policy Center set up by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell will offer a new plan to address the national deficit. It will be called “Restoring…
According to the The United States Trademark and Patent Office, a trademark is a brand name which includes any word, name, symbol, or device used, or intended to be used, in business to identify and…
The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of a bailout…
GM has increased the price per share of its IPO from about $26 to nearly $33 and ratcheted up the number of shares it will offer by 30% to 478 million shares, all in…
Verdict: Irrelevant The CEO of Research In Motion (NASDAQ: RIMM) told the Web 2.0 conference that his firm’s new tablet PC is “three to four times faster” than the iPad. Jim Balsillie said “Go to YouTube…
It’s probably too early to declare that there’s a new sheriff in town, but it’s not too early to keep an eye on a new Chinese aircraft maker. Commercial Aircraft Corp. of China, known…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Ceres Corporation (NASDAQ: CERS), China Natural Gas (NASDAQ: CHNG), MELA Sciences (NASDAQ: MELA), Netlist, Inc.…
Updated throughout the day. Apple (NASDAQ: AAPL) will add the Beatles to its iTune store (WSJ) Major league soccer will launch more fantasy sports to support revenue (Reuters) Douglas A. McIntyre
S&P has issued a forecast which says home prices could drop another 10% through next year. The new research says that: “While U.S. home prices have stabilized considerably since the recession officially ended in…
The Congressional Oversight Panel reports that the effects of the current foreclosure documentation crisis may have been underestimated. In a new study entitled “Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure…
The day on which the promise of online video is fulfilled has still not come. New comScore data shows that YouTube, which has still not found a business model, dominated the use of internet-based…
Most estimates are that there will be a very modest rise in consumer spending this holiday season which either began at the start of November or will begin the Friday after Thanksgiving, depending on…
Ireland is under what has become relentless pressure to take a bailout from the EU’s trillion-dollar facility, which used to help Greece in its time of need. There have been two arguments made by…
The Federal Reserve seemed to abandon its independence at the start of the credit crisis. Ben Bernanke and then-Treasury chief Henry Paulson worked arm-in-arm to combat a collapse in the US bank system. The…
The demand for GM stock may push the price per share of the IPO to $33. (Reuters) Rolls Royce began to build more engines to replace faulty ones on Airbus A380s. (Reuters) George Soros…
Verdict: Bad The Federal Reserve Bank of Philadelphia has posted the new results of its periodic survey of economists. The conclusion of the new poll is that the current quarter will be much worse…
There have been plenty of stories in the past few weeks about the $2 trillion in cash that US corporations are sitting on. The money is not being invested in hiring or plant expansion,…