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…
Gannett will layoff 700 people which caused a torrent of negative press coverage Carnival and GM were both victims of concern about oil price changes. The Flame Index started as a research…
Nokia24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera…
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,…
Hackers broke into Senate computers. (Reuters) Chinese inflation hit a 34-month high last month. (Reuters) A slow economy could affect debt talks between the Republicans and Democrats. (Reuters) Oil moved higher on…
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…
Updated throughout the day. GM (NYSE: GM) may sell its European Opel operations (Reuters) Nokia (NYSE: NOK) will be bought by Samsung (various) Securities regulators are reviewing transactions between Goldman Sachs Group…
Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. The growth rates, however, were very wide. Michigan’s…
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.…
Ford Motor Co. (NYSE: F) is set to meet with the financial community on Tuesday and its chart is at a critical juncture. As far as the news and company, Ford is…
Vice President Joe Biden spent much of last weekend speaking about the value of the federal government bailout of Detroit. Treasury Secretary Timothy Geithner and President Barack Obama have made similar comments.…
Chiquita Brands (NYSE: CQB) was sued for supporting dangerous para-military groups in Columbia in 2007. The EU began what is likely to be a vigorous examination of the Western Digital (NYSE: WDC)…
Korean car companies sold 109,000 units in May, according to car research firm Edmunds. That would put the sales of Kia and stablemate Hyundai ahead of Japan’s Honda (NYSE: HMC) and Nissan.…
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
Unit Sales Forecast Manufacturer May 2011 Forecast % Change vs. April 2011 % Change vs. May 2010 Chrysler 110,132 -5.3% 5.1% Ford 188,280 -0.5% -1.9% GM 225,394 -3.1% 1.5% Honda 92,889 -25.6%…
