TSMC may replace Samsung as the maker of chips for the Apple (NASDAQ: AAPL) iPad (Reuters) Google (NASDAQ: GOOG) earnings surpassed Wall St. expectations and shares surged (Reuters) S&P warned the U.S.…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales…
Most of the financial media stops at mid-year to reflect on how the market performed since January 1. The effort is often fruitless. The fact that a stock, or any market, did…
J.D. Power released its initial quality auto survey for this year which is based on questions put to 78,000 motorists. The headline most of the media carried about was that the Ford…
The IEA and OPEC disagreed about the size of oil reserves. (Reuters) Greece has an agreement with the EU and IMF along with new austerity plans. (Reuters) A Reuters poll says most…
Norway’s entry in the electric vehicle (EV) sweepstakes, Think (or sometimes, Th!nk) has filed for bankruptcy because the company has been unable to find long-term financing. The company, once owned by Ford…
Updated throughout the day Japan’s PM told associations what the terms of his resignation would be (Kyoto) Ford (NYSE: F) will spend $1 billion to upgrade Lincoln (WSJ) Airbus received a $17.2…
Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters) ICANN, the global domain name company,…
Research In Motion (NASDAQ RIMM) shares were badly hurt due to weak earnings and an anemic forecast. (Reuters) Capital One will buy ING’s online unit for $9 billion. (Reuters) Oracle (NASDAQ: ORCL)…
Hackers attacked the CIA website. (Reuters) Citigroup (NYSE: C) said data on 360,000 customers was stolen nearly a month ago. (Reuters) Greek debt and concerns about economic slowdown hurt stock prices worldwide.…
A blue ribbon jobs council told Obama to put fewer restrictions on construction and make it easier for tourists to visit the US. (Reuters) Indonesia backed LeGarde for IMF chief. (Reuters) Trouble…
Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
The acting head of the IMF said that the US does not need stimulus because exports and disposable income will lift GDP. (Reuters) Facebook’s facial recognition technology is increasing worries about privacy.…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
