Google Inc’s (NASDAQ: GOOG) Android mobile OS is being adopted at an rapid pace by hardware firms from HTC to Motorola (NYSE: MOT). Google also has its own Android handset–the Nexus One. The adoption rate of Android…
By Heather Horn of The Atlantic Wire Just as pessimism over euro-zone disorder was reaching its peak, the EU has announced a massive bailout plan to counter what The Wall Street Journal calls a…
The government may have filed civil actions against The Goldman Sachs Group (NYSE: GS) and criminal charges may be coming. The bank also disclosed in its 10-Q that the feds could force it to suspend…
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…
Admitting what the market already knows, Fannie Mae (NYSE: FNM) said in its 10-Q that Accordingly, there continues to be uncertainty regarding the future of Fannie Mae, including whether we will continue to exist in our…
It the filing of its 10-Q, The Goldman Sachs Group (NYSE:GS) said its was cooperating with federal authorities on charges that include SEC allegations of fraud and possible criminal charges from the Justice Department. The financial…
The highly regarded Lundberg Survey said that the price of regular grade gas rose 7 cents in the last two weeks to $2.92. The average price of premium was up to $3.16. The sell-off in…
There has been a great deal of concern that the oil slick created by 5,000 barrels a day from the wrecked Deepwater Horizon would hit beaches in Louisiana. Alabama, and perhaps Florida. In each…
The EU laid out its ambitious plan to steady the finances of the region. The three-part program was explained by the group: “The Council and the Member States have decided today on a comprehensive package of measures to…
These are 24/7 Wall St.’s Corporate Power Rankings for Week 17.
Reuters: The US exchanges will testify before Congress about the market plunge. Reuters: The NYSE and NASDAQ said that they would cooperate with investigations of the market meltdown. Reuters: S&P futures rose as central…
“The experimental containment dome was successfully positioned over the leaking riser pipe last night, but then had to be removed after a large volume of ice-like methane hydrate crystals accumulated inside of the structure.…
Apple Inc.’s (NASDAQ: AAPL) share of the smartphone market rose 60% in the first quarter of 2010 as sales for the entire industry grew 57%. The total handset market grew only 22% during the same period…
Consumer credit rose in March, a bit of unexpected new. According to the Federal Reserve, the figure “increased at an annual rate of 1 percent in March 2010.” The total of revolving and non-revolving…
Another week, more bank closers. The FDIC and state authorities shuttered four more banks. Those closed along with details of the FDIC costs and sales of assets: 1st Pacific Bank of California, San Diego,…
After ECB President Trichet declined to get his agency involved in the liquidity crisis among the Eurozone region, fixed income of sovereigns in the area collapsed. Economists faulted Trichet and said that if he were to reverse…
Factor in the birth/death numbers and the count on people who were “unattached” to the work force who became attached last month and real job growth was less than 50,000. The government headline made…
Updated throughout the day. The Goldman Sachs Group Inc (NYSE: GS) is in settlement talks with the SEC. (WSJ) American International Group, Inc (NYSE: AIG) fired Goldman as it primary adviser (NYTimes) Douglas A. McIntyre
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…
If nothing else, the big oil companies are audacious. Just as thousand of barrels of oil spill from the Deepwater Horizon blowout in the Gulf, Shell Oil is in the final stages of getting court…