The press pounded on Berkshire Hathaway (NYSE: BRK.B) as David Sokol, a key Warren Buffett aide, resigned in shame, causing concerns about governance at the conglomerate. Â Toyota (NYSE: TM) stayed on the…
David Sokol’s trading in Lubrizol before Berkshire Hathaway (NYSE: BRK) bought it may cause regulators to review the transaction. (Reuters) The Inspector General of the Federal Housing Finance Agency said pay of…
A former Goldman Sachs Group (NYSE: GS) trader launched a $1 billion fund of his own (Reuters) Geithner said inflexible currencies are the world’s biggest monetary problem (Reuters) Brent rose to $116…
Sirius XMA federal district judge has ruled that a class action suit may proceed against SIRIUS XM Radio Inc. (NASDAQ: SIRI) for alleged antitrust violations. Sirius must defend itself, of course, but…
Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of Twitter wants…
Facebook may hire the former White House press secretary Gibbs (Reuters) Wal-Mart (NYSE: WMT) will reopen stores it had to shutter in Japan (Reuters) Jobs may be the lagging indicator for a…
Research In Motion (NASDAQ: RIMM) announced that its fiscal fourth quarter sales for the period which ended on February 26 rose 36% to $4.1 billion. During the quarter, RIM shipped about 14.9 million…
America lost its lead as the world’s top manufacturer to China. That is in part the basis of the argument that China’s Gross Domestic Product will pass America’s sometime before the middle…
The Federal Reserve will hold press conferences four times a year. (Reuters) In 2006, Fannie Mae was warned about abuses in the foreclosure process. (WSJ) The Apple (NASDAQ: AAPL) iPad will go…
After the close of trading today will come earnings from two key players in technology and communications: Oracle Corporation (NASDAQ: ORCL) and Research-in-Motion Ltd. (NASDAQ: RIMM). Traders and investors alike will be…
Google’s (NASDAQ: GOOG) shares have continued a three-month retreat that has pushed them down by 4% compared to a 5% improvement for the NASDAQ. It has occurred to investors that the same…
Delta (NYSE: DAL) suffered from bad press after its CEO noted the airline could lose $400 million in sales due to flight reductions to Japan. Honda was hurt by news that its…
Japan’s markets fell on concerns about contaminated drinking water (Reuters) The US has stopped imports from the area around Japan’s nuclear disaster (Reuters) The damage to Japan could cost $300 billion (Reuters)…
Barnes & Noble (NYSE: BKS) was swamped with bad press as it was sued by Microsoft (NASDAQ: MSFT) over patents on technology used in the Nook e-reader. PG&G has applied to renew…
A monopoly is either what the government says it is or what a dominant company’s competitors claim. The government’s opinion is the only one that counts, however, as Sprint will find out…
