China was supposed to be the salvation of the global auto manufacturing business as sales in the U.S. and Europe have slowed in the past half decade. Now, the China Association of…
When the G20 meets, the focus will be on the EU crisis. (Reuters) Google’s (NASDAQ: GOOG) Q3 numbers kill concerns about U.S. ad markets. (Reuters) JPMorgan (NYSE: JPM) earnings pull down equity…
ChartIt is hard to understand why General Motors (NYSE: GM) would continue to punish itself by moving further into the electric car market. Sales of its Chevy Volt have been a few…
Alcoa (NYSE: AA) earnings bring markets lower. (Reuters) Senate defeats the Obama jobs bill. (Reuters) Sony (NYSE: SNE) says a third party tried to sign into 93,000 PlayStation accounts. (Reuters) The Research…
While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation — and specifically the Chinese peg to the U.S. dollar — the impact of…
Automaker Ford Motor Co. (NYSE: F) and the United Auto Workers (UAW) union have reached a tentative agreement on a new contract. The UAW reached a deal with General Motors Co. (NYSE:…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Today’s ratings actions have focused on commercial mortgage backed securities issued by several of the country’s largest banks — Morgan Stanley (NYSE: MS), Wells Fargo & Co. (NYSE: WFC), JPMorgan Chase &…
Updated throughout the day Hewlett-Packard (NYSE: HPQ) has hired Goldman Sachs (NYSE GS) to erect defenses against activist investors (WSJ) Ford (NYSE: F) may add 10,000 jobs in the US (Bloomberg) Douglas…
Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets.…
The number of cars and light trucks sold in the U.S. fell 25% over the past five years, from over 16.4 million for the model year beginning September 2005 to 12.4 million…
If the US has an energy policy — a big if — that policy turns on two factors. One, reducing energy imports; and two, reducing environmentally harmful emissions. How the US will…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is a stock that has become the target of short sellers now that shares went well above $2.00 and came falling back down to earth. …
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire…
