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Reuters: Banks paid out billions of dollars in bonuses last year while losing money. Reuters: The US closed its car…
Chrysler sells very few cars overseas, so it may never recover from the auto industry recession. GM and Ford (F),…
Reuters: Unemployment is causing further stress in the housing market. Reuters: The Microsoft (MSFT) deal with Yahoo! (YHOO) may have…
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But…
Ford (F) will launch ten new models this year. Merrill Lynch says that will bring the age of car company’s…
Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the…
The San Francisco Chronicle recently wrote that only $9.4 billion of the $50 billion earmarked for the state has made…
The “best” parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30…
No one knows how to value social media’s dominant players. The real value for Facebook, LinkedIn, MySpace is elusive (and…
Consumer Reports, the non-profit advocacy magazine owned by the Consumers Union, may fire 21 editors and product reviewers if its…
GM’s most valuable assets have finally been sold to a company controlled by the federal government. A judge approved the…
There is still some conversation about the federal government restricting short-selling activity in certain stocks. The counterargument to these restrictions…
Reuters: California declared a financial emergency. Reuters: An SEC attorney raised concern about a Madoff report in 2004. Reuters: Auto…
Ford’s (F) June sales were down “only” 11% to 154,873. That means, based on drops in volume at other large…
Hyundai has been gaining auto market share in the US. The Korean firm sold almost 37,000 light vehicles in America…
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