courtesy Facebook Inc.In a glancing blow to Facebook Inc.’s coming IPO, one the of the three largest US advertisers in all media, General Motors Co. (NYSE: GM), will stop advertising on the…
Paul Ausick 24/7 Wall St. asked CoreBrand to identify America’s hottest brands. We wanted to know the biggest brands that were the best known and most well regarded. Read: America’s Hottest Brands Generally, most…
Several senior JP Morgan (NYSE: JPM) executives will leave the bank in the wake of its $2 billion trading loss. (Reuters) Yahoo! (NASDAQ: YHOO)Â ex-CEO Scott Thompson has thyroid cancer. (WSJ) Greece will…
Over the past 12 months, the best performing car maker stock is — drum roll — Tesla Motors Inc. (NASDAQ: TSLA). Shares in the maker of electric vehicles (EVs) are up more…
The luxury car market around the world continues to explode as the relatively small portion of the globe’s population which is rich consumer at extraordinary levels. VW reports that its goal to…
Sony (NYSE: SNE) said it would finally turn around is prospects and make money in the next year. Bumbling CEO Sir Howard Stringer is gone. Sony’s core problems are not. It is still…
After a three-year period in which Toyota (NYSE: TM) recalled more than eight million cars worldwide for problems that included faulty accelerators, as well as natural disasters in Japan and Thailand that…
Facebook sets its IPO to raise more than $10 billion. (Reuters) The California State Teachers’ Retirement System (CalSTRS) files suit against Walmart (NYSE: WMT) over bribery allegations in Mexico. (Reuters) Greek elections…
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new unemployment benefits…
Results from Europe hurt GM (NYSE: GM) sales in the latest quarter, hurting numbers as it did with Ford (NYSE: F) GM’s Opel division has been a problem for some time. The…
The government of Spain got lucky. It planned to raise over 2 billion euros in debt. The amount sold was more than that — 2.5 billion. The international capital markets ignored Spain’s…
April car sales data are out, and they are not cause for celebration. Though sales are up 2% overall from last April, they have cooled somewhat since the February and March run. There…
The improbable recovery of Chrysler continues, just three years after a government supported Chapter 11. Most analysts believed that Chrysler would never have the funds to launch enough new vehicles to compete…
Moody’s warns that Japan’s finances will be hurt if it cannot get acceptance of a new sales tax. (Reuters) New Chinese factory data indicate that the industry’s activity may have bottomed. (Reuters)…
Caterpillar (NYSE: CAT) faces a relatively small strike at its Joliet, Ill., plant. The members of the International Association of Machinists and Aerospace Workers will walk out when their six-year contract expires. The strike…
