Reuters: GM (GM) will file for Chapter 11 today. Reuters: Geithner told China its dollar assets are safe. Reuters: A judge approved the sale of most of Chrysler’s assets to a group…
Word is out that the Dow Jones Indexes team is set to release the name of the replacement for General Motors (NYSE: GM) in the Dow Jones Industrial Average. We have heard…
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
NetFlix (NFLX) is making another move to keep it ahead of rivals including Amazon (AMZN) and Blockbusters. It will adding its video-on-demand service to the Microsoft (MSFT) Window Media software. According to…
The device itself isn’t very different than the old Kindle. But it explains where Amazon sees itself expanding. By Chadwick Matlin of The Big Money At first, they hyped it as just…
Douglas A. McIntyre According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
It’s official. Amazon.com, Inc. (NASDAQ:AMZN) has introduced the much larger version of its Kindle e-book reader. The Amazon Kindle DX offers Kindle’s revolutionary wireless delivery and content with a large 9.7-inch electronic…
Douglas A. McIntyre According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that two…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Someone at technology news site, Cnet, came up with the clever idea of running a poll to learn the age of people who use Amazon’s miracle book reader, the Kindle. Seven hundred…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a bad economy. Reuters reports that Chrysler is still working on a deal…
Amazon.com Inc. (NASDAQ: AMZN) has just posted earnings. The online retail giant has posted earnings of $0.41 in non-GAAP EPS and $4.89 billion in revenue. Thomson Reuters had estimates of $0.31 EPS…
Douglas A. McIntyre United Parcel Service, Inc. (NYSE: UPS) is trading off after the company reported poor earnings this morning. There is an interesting angle here that could reflect on Amazon.com Inc. (NASDAQ: AMZN) ahead…
Overstock.com, Inc. (NASDAQ: OSTK) has just reported earnings. The online ‘overstock’ retailer, or “The O,” has posted an 8% decline in revenue of $187.4M and a net loss at -$0.09 EPS. We…