GM (NYSE: GM) has had enough problems with its Chevy Volt’s lithium-ion batteries that the National Highway Traffic Safety Administration has opened a formal investigation into fires in several vehicles it has tested. GM…
Detroit is in a situation like the weakest nations in the eurozone. It does not, however, have access to the kind of capital from the European Central Bank or IMF that Spain, for example,…
Home prices in Dehli rose 22.68% in the third quarter, the greatest advance of any major city in the world. The change is probably just as much due to inflation in India as any other…
Angela Merkel said the debt solution for the region would be a marathon. French president Sarkozy worried that the eurozone could break apart. The ECB may not be part of a bailout program. But,…
The sovereign debt problem in Europe gets more complex by the hour. The European Central Bank said it may intervene to buy paper issued by nations that are economically weak. This should drive down…
Google (NASDAQ: GOOG) will start an e-commerce business to compete with Amazon.com (NASDAQ: AMZN). Amazon is the devil to struggling bricks-and-mortar companies that want more online sales. But Google eventually may be just as…
Auto sales reach a two-year high. (Reuters) Tom Glocer, the head of Thomson Reuters (NYSE: TRI), resigns and will be replaced by the COO. (Reuters) The intellectual property battle between Apple (NASDAQ: AAPL) and…
The Heldrich Center at Rutgers has issued a new report that says only 7% of people who lost their jobs after the financial crisis have made it back to their former levels of work and…
Angela Merkel of Germany does not expect the eurozone crisis to end soon. She calls it a marathon. In an address before her parliament, Merkel said as she refered to the future “But they also…
Trudy F. Sullivan is still the CEO of The Talbots (NYSE: TLB). The retailer continues to be one of the least successful in its sector. Sullivan has overstayed whatever welcome she ever had. It is…
Google (NASDAQ: GOOG) may enter the e-commerce business which would put it into direct competition with Amazon.com (NASDAQ: AMZN), according to The Wall Street Journal, Reuters points out that Google relies heavily on retail…
The US will issue November unemployment numbers at 8.30 AM today. Analysts consensus estimates are the nations will add 125,000 jobs.The data will be watched to see if the private sector continues to add jobs…
The ECB has taken a new attitude toward the eurozone debt crisis. It has suggested it may support some of the region’s weak economies as they issue debt, perhaps through the purchase of some…
Asia shares were mixed, but Europe rallied on an ongoing hope the debt situation there will be resolves. US unemployment numbers are due today The Nikkei was up .54% to 8,644. The Hang Seng…
Yahoo! (NASDAQ: YHOO) has released its annual list of most searched terms for 2011. Yahoo has been the target of takeover speculation since the board dismissed CEO Carol Bartz three months ago. Yahoo!’s board…
Chrysler and Fiat, joined by a recent merger say the combined entity will sell 6 million units worldwide in 2014. The US division of Chrysler helped by making a step in the right direction.…
GM (NYSE: GM) said its monthly sales for November rose to 180,402 vehicles. The increase was modest, and perhaps disappointing. GM’s other regional businesses have been troubled. Its OPEL operation in Europe has struggled and…
The head of Groupon (NASDAQ: GRPN) said the company’s recent performance was strong. He spoke at the end of the firm’s IPO silent period, which drove shares 6% higher yesterday Now there is independent…
Hitwise released its report about e-commerce activity at the top 500 online retailers on Cyber Monday. Overall activity rose 24%, which is in line with other data. The online research firm said Amazon.com (NASDAQ:…
American Airlines parent AMR (NYSE: AMR) has entered Chapter 11 and begun tense talks with its pilots. New carrier United Continental (NYSE: UAL) was granted a certificate from the FAA to begin operations as a fully…