After a three-year period in which Toyota (NYSE: TM) recalled more than eight million cars worldwide for problems that included faulty accelerators, as well as natural disasters in Japan and Thailand that badly damaged…
A great deal of the discussion about Walt Disney’s (NYSE: DIS) unexpectedly strong earnings revolved around the fact that movie bomb “John Carter” had not crippled overall earnings per share. And the markets looked toward the…
Coalition talks in Greece are unlikely to create a new government, raising the chance Greece could leave the eurozone. (Reuters) GlaxoSmithKline (NYSE: GSK) will launch a takeover of Human Genome Sciences (NASDAQ: HGSI). (Reuters)…
Oil has passed $97 on its way down to what some analysts believe will be $90 or less. That would be a reset of more than 15% down over two months. The worry about…
Chinese-based Proview Electronics continues to contend that it was bilked out of the iPad name by Apple (NASDAQ: AAPL). The firm says Apple should have paid it much more for the trademark than the…
Corporate governance, which is a subject often debated but usually in abstract, has moved to the front pages. Patti Hart, the Yahoo! (NASDAQ: YHOO) director who was in charge of the search for new…
Despite the fact that much of Europe is crumbling around it, Germany posted recent highs for both imports and exports in March. Demand from the US and developing markets must be good. The topline…
For some reason, Europe’s largest stock markets have shrugged off election results in Greece and France. Many indexes are down, particularly in Greece. But the markets the world watches most closely — those in…
Authors of a new CDC study, widely covered in the press, reported that the number of Americans considered obese will rise to 42% of the population by 2030. The medical costs of the shift will be…
Angela Merkel said there will be no debate about a change in the agreements EU members have made about the austerity measures forced on the financially weakest nations in the region. “We in Germany are of the…
JCPenney (NYSE: JCP) was set to be the next Sears or Kmart. But then Ron Johnson came on as CEO after a run as the head of Apple’s (NASDAQ: AAPL) retail stores. JCPenney’s shares surged.…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent more time…
Nokia’s (NYSE: NOK) flagship Lumia 900 had a software bug when it launched. This caused bad PR, but the problem was quickly solved. That was not the end of glitch problems. The smartphone has…
The Facebook IPO road show has started. Based on news accounts, the most important part of the event is that CEO Mark Zuckerberg wore a hoodie, jeans, and sneakers to the first large presentation…
Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which is where his conglomerate…
For some reason, Europe’s largest stock markets have shrugged of election results in Greece and France. Many indexes are down, particularly in Greece. But, the markets the world watches most closely–those in France, England,…
Updated throughout the day on the 24/7 Wall St. Wire. Carl Icahn sold his stake of troubled broadband company LightSquared (Reuters) Micron Technology won the right to negotiate exclusively to buy failed Japan chip…
France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground in local elections. Merkel’s…
Yahoo.comYahoo! (NASDAQ: YHOO) may have to quickly replace its CEO, Scott Thompson. Corporate governance questions have been raised because he lied about his education. Thompson also has lost some or nearly all of the respect of investors,…
When it comes to failures and strategic mistakes at Sprint-Nextel (NYSE: S), the spotlight has focused mainly on CEO Dan Hesse. He has held the reins at the nation’s third largest wireless company since…