Google (GOOG) announced that it will test “superfast” broadband in more than 50,000 households and will offer connection speeds that are in some cases one hundred times faster than current services. It is ironic…
Reuters: The $15 billion jobs bill advanced in the Senate. Reuters: Toyota (NYSE:TM) faces a US criminal probe. Reuters: KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share…
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…
Updated throughout the day. Goldman Sachs (GS) has begun PR efforts to improve its image (NYPost). Stanley Fink, the former chief executive of Man Group, and Larry Hite may start a new hedge…
Reuters: Obama plans to pressure health insurance prices as part of new reforms. Reuters: A Toyota (TM) memo shows the company worked to keep the costs of one of its…
Updated throughout the day. Dendreon Corp. (NASDAQ: DNDN) and Myriad Genetics Inc. (NASDAQ: MYGN) buyout rumors on options trading (3:45 PM EST). BioHealthInvestor.com says caveat emptor! Two schools in China are being…
By Douglas A. McIntyre Two Chinese schools may be the source of the cyberattacks on Google (GOOG) and a number of other U.S. corporations, and according to The New York Times these…
Douglas A. McIntyre Google (GOOG) got approved by US regulators to sell electricity, allow it to buy and sell power like a power company. The Federal Energy Regulatory Commission greenlighted the search firm’s application yesterday.…
Douglas A. McIntyre Reuters: The Fed will try to calm the markets after it raised the discount rate to .75%. Reuters: The head of Toyota (TM) will go to Congress to testify. Reuters: The Fed’s…
The search pact between Microsoft Corp. (NASDAQ: MSFT) and Yahoo Inc. (NASDAQ: YHOO) has been approved. Finally. The companies announced that the search pact was okayed by the Department of Justice and…
Amazon’s (NASDAQ:AMZN) share of the e-book market will go from 90% to 35% over the next five years. At least that is what Credit Suisse analyst Spencer Wang claims, according to The…
There are occasional conversations among regulators in the US and EU about whether Google (GOOG) has too much of the search engine advertising market. In America, it controls about 70% of the…
Google’s (GOOG) new “Buzz” social network feature which has been added to the firm’s Gmail e-mail system was crticized because it could allow people access to private information from other users. Google will fix…
Reuters: Obama pushed his nuclear initiative and backed a new plant. Reuters: Oil moved toward $78 on hope of an improved economy. Reuters: Toyota (NYSE:TM) will cut auto output. Reuters: Fidelity says…
Updated throughout the day. KTO Capital Partners will $330 million in Asia hedge funds (Bloomberg). The CEO of former Citigroup (NYSE:C) energy trading unit, Philbro, will start a hedge fund–Astenbeck Capital Management.…