Toyota Motor (NYSE: TM) CEO Akia Toyoda spent most of the company’s annual meeting today trying to gain back shareholder trust and explain how the Japanese automaker will regain its footing. “I…
Reuters: BP plc (NYSE: BP) began to siphon oil again. Reuters: The Wall St. reform bill is almost done. Reuters: Venezuela will nationalize some oil rigs owned by a US company. Reuters: …
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
GM is likely to go public within the next three quarters, particularly if the economy avoids a double dip recession. The rumor is that JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE:…
GM will spare 900 of the nearly 2,000 dealerships it planned to close. That will leave it with 5,000. The revised plan will save GM money. Closing dealerships adds to the company’s…
The 24/7 Wall Street Corporate Power Rankings of the 32 most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Pontiac is gone now. So is Saturn, and in effect Hummer. Ford Motor (NYSE: F) announced that it would fad out Mercury, a brand created by Henry Ford’s son Edsel. Car makers…
Reuters: G20 nations have no agreement on a bank levy. Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies. Reuter: Facebook’s CEO…
Ford will end production of Mercury vehicles in the fourth quarter of this year to further grow its core Ford and Lincoln brands, according to Ford Motor (NYSE: F) Existing Mercury owners…
Douglas A. McIntyre Ford Motor (NYSE: F) has announced that it will recall 236,642 Focus cars in China, one of the largest in the history of the People’s Republic. China is now the world’s largest…
Updated throughout the day. A group led by Centerbridge Partners has won the bidding for Extended Stay (NYTimes) The Walt Disney Co (NYSE: DIS) may not be able to find a buyer…
Reuters: Ford Motor (NYSE: F) may kill the Mercury brand. Reuters: Apple Inc. (NASDAQ: AAPL) is finding a flood of Asian buyers for the iPad. Reuters: Prudential plc is in talks with…
Without specifying a partner, the CEO of Honda Motor Co., Ltd. (NYSE:HMC) said yesterday that he hopes that his company can work with China to develop batteries for an all-electric vehicle .…
Car loan delinquencies dropped over 18% from the fourth quarter of 2009 to the first quarter of this year, according to credit agency TransUnion. The news is good for US car companies…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
