Car manufacturers will announce their domestic sales for October today. Analysts expect them to be good, although that is relative. The annual run rate of US vehicle sales will probably be below 12 million.…
Twitter has begun to sell ads. These will appear in the streams of tweets that go back and forth between subscribers. Twitter faces the same questions that Facebook does now that the largest social…
In what is surely one of the strangest stories to come out of the election, a Republican member of Congress says that some of her elderly constituents are so worried about their families being…
Less than a quarter after capping its Deepwater Horizon well leak in the Gulf, BP plc (NYSE: BP) made a profit. The UK company said a strong operating performance helped it return to profit…
Mitsui was billed $1.8 billion from BP plc (NYSE: BP) for clean-up costs. (Reuters) A limited number of holidays and warm weather probably hurt retail sales in October. (Reuters) Canada may approve the BHP…
The debate continues to rage about who owns the smartphone market and who will own it in the future. Many new surveys claim that the Google (NASDAQ: GOOG) Android operating system has overtaken the…
Let’s see. Sony Corp. (NYSE:SNE) just shipped its last Walkman, the original portable music player that was just slightly larger than a cassette tape. If you don’t know what a cassette tape is, ask…
From AppleInsider: Sometimes even the most loyal Apple customer has good reason to be grumpy. Take European iPhone users. As the website reports, many woke up on the wrong side of the bed this…
In the first nine months of 2010, manufacturers pushed some 52 million TV sets into their distribution channels. Unfortunately, only 38.7 million sets made it onto retailer shelves, according to research firm iSuppli. That…
U.S. consumer spending was nearly flat as the economy moved into the fourth quarter. Personal incomes fell in September, a sign the the holiday retail period may be in trouble. Consumer spending rose .2%,…
Updated throughout the day. Intel (NASDAQ: INTC) will begin to make chips for start-ups (NYT) IBM (NYSE: IBM) has made an offer for Fortinet (Bloomberg) Bard Capital Markets Europe will buy Nigel Wright Group…
Several internet analysts believe that Twitter will have 200 million registered users by the end of 2010, which would put it on an extraordinary growth rate much like Facebook’s. Analysts are also quick to…
China’s manufacturing sector somehow keeps growing. The expansion even accelerated in October. The central government’s purchasing managers’ index rose to 54.7 from 53.8 in September. That number was well above most forecasts. The HSBC PMI,…
Blekko.com is the latest search engine to challenge Google Inc. (NASDAQ: GOOG). Venture capitalists and technology inventors look at the company’s $20 billion in revenue and $200 billion market cap and find the search…
China’s PMI grew much faster than expected. (Reuters) China will not slow rare earth shipments. (Reuters) Apple (NASDAQ: AAPL) sued Motorola (NYSE: MOT) over six patents. (Reuters) New search engine Bleeko will rely on…
Apple (NASDAQ: AAPL) has filed suit against Motorola (NYSE: MOT) alleging a breach of six patents. Apple ‘s suits are against Motorola Inc. and Motorola Mobility Inc. They were filed in the U.S. District…
Gold will reach $10,000 an ounce, or so says investment manager Shayne McGuire, who runs a $330 million gold portfolio at the Teacher Retirement System of Texas, according to The Wall Street Journal McGuire reasons…
Consumer spending remained in deep trouble in October. Gallup reports that “Americans’ self-reported spending in stores, restaurants, gas stations, and online averaged $62 per day during the first four weeks of October. That figure…
Some parts of the United States have begun to run low on water. That is probably not much of a surprise to people who live in the arid parts of America that have had…
Here are the highlights from websites that focus on Apple: From AppleInsider — The next generation iPad, which goes on sale in the first quarter of 2011, will feature two cameras, the website says,…