Republicans plan to cut $6 trillion from the budget over the next decade (Reuters) Google (NASDAQ: GOOG) may be investigated by the FTC (Bloomberg) The FAA will begin inspection of most older…
Southwest (NYSE: LUV) canceled 300 flights today as it inspects 79 of its fleet of Boeing (NYSE: BA) 737s. Southwest made it clear that Boeing will be a part of the process.…
David Sokol’s trading in Lubrizol before Berkshire Hathaway (NYSE: BRK) bought it may cause regulators to review the transaction. (Reuters) The Inspector General of the Federal Housing Finance Agency said pay of…
America lost its lead as the world’s top manufacturer to China. That is in part the basis of the argument that China’s Gross Domestic Product will pass America’s sometime before the middle…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters)…
Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters) AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39…
Moody’s cuts Spain’s rating and said current cuts were possible (Reuters) China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been caused by…
From the ashes of a terrible 2009, the European Aeronautic Defense and Space Co. NV, or EADS, (OTC: EADSY) posted a fourth-quarter and full-year profit for 2010 on the strength of sales…
The Boeing Co. (NYSE: BA) appears to have a little momentum coming off its big win over EADS (OTC: EADSY) for the new US Air Force tanker. The company has just revealed…
Twitter has, by most estimates, 175 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…
Kuwait says OPEC may increase output (Reuters) Carl Icahn may sell Federal-Mogul (Reuters) China halted high reserve requirements for several banks (Reuters) The euro approached multi-month highs (Reuters) Sharp aims to increase…
After a second do-over, Boeing Co. (NYSE: BA) has once more bested Airbus maker EADS (OTC: EADSY) in the bidding war for a new US Air Force tanker. But the battle could…
EADS division Airbus lost out on an Air Force tanker to Boeing (NYSE: BA) (Reuters) Gold and oil moved higher on concerns about Libya (Reuters) Apple (NASDAQ: AAPL) launched a new MacBook Pro…
Brent crude rose $6 to $113 on worries about Middle East contagion. (Reuters) GM (NYSE: GM) is likely to post its first annual profit since 2004. (Reuters) An effort by shareholders to…
The head of the Bank of Japan said that easing by the G20 central banks was necessary even though it may be causing inflation in the emerging world (Reuters) The head of…
