Honda Motor Co. (NYSE: HMC) President Takanobu Ito plans to capitalize on the global shift toward smaller cars that offer advanced technology to reduce both petroleum consumption and carbon dioxide emissions. Ito set out…
Updated throughout the day. The CEO of Nokia (NYSE: NOK) Olli-Pekka Kallasvuo is on the way out (WSJ) Robert H. Benmosche of American International Group (NYSE: AIG) may have set up two deals by…
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 more than one million…
Wall St. was disappointed by the quarterly report from Goldman Sachs Group (NYSE: GS) and its shares dropped 4%. The investment bank actually did remarkably well and nearly returned to pre-SEC investigation form when…
The US Clean Water Act has provisions that could allow the American government to charge BP plc (NYSE: BP) up to $4,300 per barrel of oil spilled into the Gulf. According to The New…
It may be a ruse, but China now says that problems in the economies of Europe will undermine the growth of its exports in the second half. The Ministry of Commerce said “The sovereign…
The bill to extend jobless benefits has passed the House but has been blocked in the Senate for nearly two months. The Administration has two Republicans who will support the legislation, and Senator Robert…
There has not been much news about the recalls of Toyota Motor (NYSE: TM) cars and trucks recently. The largest of these happened in the winter and involved more than 8 million vehicles worldwide.…
Intel Corporation (NASDAQ: INTC) is either lucky or good. It managed to walk away from FTC monopoly charges with barely a hand slap. The FTC cannot levy fines, so it will simply set up…
WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO. Reuters: BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do with its…
Print, which has been on the heart and lung machine for more than a decade, may finally be ready to give up the ghost. Many analysts thought newspapers and magazines would be the first…
Homebuilder confidence for newly built, single-family homes declined for a second consecutive month in July to its lowest level since April 2009, according to the National Association of Home Builders/Wells Fargo Housing Market Index…
To mark the beginning of the world’s largest air show at Farnborough, Boeing Co. (NYSE: BA) has announced two large orders. Dubai’s Emirates Airlines plans to buy 30 plans Boeing 777 long-range jets and…
Updated throughout the day. “American International Group Inc.’s appointment of Mark Tucker as chief executive officer of its Asian unit shows AIG may eventually be planning a takeover bid of Prudential Plc’s division in…
John Tamny of Forbes The increasingly popular belief that Washington’s present policy mistakes mark our long-term doom is completely overdone. Not excusing the Obama and Bush presidencies for one second, China and the former…
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 more than one million…
China is now the world’s biggest energy consumer, taking the place the U.S. ha had it held one hundred years, according to new data from the International Energy Agency. China used a total of…
BP plc’s (NYSE: BP) direct costs to clean up the damage from its leaking well in the Gulf of Mexico rose to $4 billion over the weekend. That is a relatively small amount compared…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
Moody’s downgraded Ireland’s government bond ratings by one notch to Aa2 from Aa1. The credit research firm said: “The government’s gradual but significant loss of financial strength, as reflected by the substantial increase in…