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…
With government estimates for daily oil leakage upped to as much as 40,000 barrels a day and BP plc (NYSE: BP) claims only capturing about 15,000 barrels, the rush to drill relief wells has…
VW wants to be the world’s No.1 car company, and may reach that goal through its merger with Porsche. The top spot has changed hands in the last two years moving from troubled GM…
BP Chairman Carl-Henric Svanberg has been asked to meet with President Obama on June 16, and he will accept the invitation. Many critics have maintained that Svanberg has remained aloof from the problems in…
Japan could be the next Greece, at least according to its new prime minister who use to be the nation’s finance minister. “It is difficult to sustain a policy that relies too heavily on…
Michael Dell, founder of Dell Inc. (NASDAQ: DELL), will not go to jail for his own misdeeds of those of his company. It appears that the tech firm will dodge a bullet because of…
If an American president lost control over his own international economic policy, he would be humiliated and emasculated. Congress is on the brink of taking over the negotiations about the Chinese yuan’s value out…
Inflation in China rose 3.1% in May, higher than the government had forecast. Consumer prices were up 6.1% and wholesale prices rose 7.1% The numbers raised the issue of whether China’s predicted 11% to…
Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters: Geithner says US patience on the yuan is disappearing. Reuters: China factory output and…
Less than 20 months ago, American Airlines (AMR) was the largest airline in the world competing against five smaller and weaker US legacy carriers. Following is a detailed summary of where the legacy/network carriers…
According to the federal government’s Deepwater Horizon Response team, scientists now put the rate of the leak as high as 40,000 barrels a day. BP plc (NYSE: BP) recently estimated it was capturing 15,000…
Florida State Attorney General Bill McCollum has requested that BP plc put $2.5 billion in escrow to cover claims arising from the Deepwater Horizon oil spill. He must have learned his “showboating” techniques from…
There were strong losses in three Tickerspy indexes over the most recent 30-day period. This month’s biggest fallers are in surety and title insurance stocks, homebuilder stocks, and movie production and theater stocks. Surety…
Household net worth rose by $1.1 billion in the first quarter to $54.4 trillion according to The Federal Reserve, driven to some extend by rising stock prices and a desire by consumers to pay…
The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put $160 billion in taxpayer…
The Semiconductor Industry Association reports that it expects chip sales to surge by almost 30% this year, with global revenue reaching $291 billion. Its projections for growth in 2011 and 2012 are much lower,…
By John Tamny of Forbes Whatever the truth about the theory of global warming, individuals aren’t born with a desire to protect the environment as much as their wealth affords them the time to…
Updated throughout the day. 2:00 PM Update: Rumors that ARM Holdings plc (NASDAQ: ARMH) is being thwarted after Davidson downgraded the stock were being unfounded… Shares are now only up 5% at $12.30 after…
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…
Herman Van Rompuy, the EC President, said the current $1 trillion rescue package may not be th end of financial support for the region. He told Belgian magazine Trends-Tendances It is a certainty: the…