Everyone loves Warren Buffett of Berkshire Hathaway (BRK.B) and the “never be evil” management of Google. Citigroup (C), Goldman Sachs (GS), and the other large firms on Wall St. are among the…
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have…
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have…
Ireland decided to create the national “bad bank” after the credit crisis, a move the US government considered but rejected. The fate of that decision has come to haunt the small nation,…
These are 24/7 Wall St.’s Corporate Power Rankings for Week 12.
Reuters: A suicide bomber killed 37 in Moscow. Reuters: China sentenced Rio Tinto (RTP) executives in prison for ten years. Reuters: A JPMorgan $1.4 billion tax write-off faces FDIC scrutiny. Reuters: Some Apple…
Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform. In a press conference this morning, the two well-known Democrats said financial reform was next on…
Reuters: A Chinese newspaper accused Google (GOOG) of helping US intelligence Reuters: JP Morgan (JPM) is close to a huge tax refund deal with the FDIC. Reuters: Oil dropped below $81 on…
Reuters: The Obama health care bill passed the House and Senate. Reuters: The Senate will begin a fight on financial reform Reuters: Arrow agreed to a buyout from Shell (RDS.A) and PetroChina (PTR).…
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…
Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change,…
Updated throughout the day. Janet Yellen will be nominated to be vice chair of the Fed (various) Meg Whitman’s former CEO of Ebay (EBAY) run for governor of California may be hurt by…
Updates throughout the day. AIG (AIG) has developed a new system for paying management bonuses (NYT) “While banks like JPMorgan and Goldman Sachs have enough liquidity to consider raising dividends or buying back…
The International Brotherhood of Electric Workers, a shareholder in Goldman Sachs (GS), filed a lawsuit in Delaware which accuses the investment bank of overpaying its management and bankers. The union wants Goldman…
Reuters: Toyota (TM) said it found no electronic safety problems with its cars. Reuters: China said it was committed to US debt but worried about gold. Reuters: Japanese car companies are studying…
