At the depth of the recession when there was a falling market for new cars, strikes were almost welcome in the US and EU. Most car companies had so much inventory that…
Reuters: Auto dealers will not be subject to new financial regulations. Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ). Reuters: Firm iFixit says…
Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages are double…
Reuters: The yuan rose after China’s flexibility announcement. Reuters: The amount of the Gulf spill could be up to 100,000 barrels a day. Reuters: The government has no easy way out if…
Toyota Motor (NYSE: TM) has been hit by labor strikes in China. The Toyoda Gosei Co. plant in the northern city of Tianjin is owned 42% by Toyota along with a local…
China’s Premier Wen Jiabao says that workers should be treated better. Jiabao’s comments come in light of a series of strikes at Honda Motor (NYSE: HMC) plants and supplier facilities. He should…
Douglas A. McIntyre Reuters: Credit agencies may not be badly damaged in the financial reform bill. Reuters: Moody’s (NYSE: MCO) cut Greece’s rating to junk. Reuters: The euro dropped on profit taking. Reuters: Oil moved…
Reuters: Obama’s leadership will be tested this week by his reaction to BP plc (NYSE: BP) spill. Reuters: Jobs are critical to the housing recovery. Reuters: China’s AgBank will attempt a $23…
Honda Motors (NYSE: HMC) is using good old-fashioned management tactics to overcome strikes that have shut some of its plants and related parts operations in China. The Japanese company agreed to improve…
Douglas A. McIntyre Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters: Geithner says US patience on the yuan is disappearing. Reuters: China factory…
Reuters: Volcker is optimistic about a good financial reform bill. Reuters: BP plc (NYSE: BP) shares dropped on concerns about financial viability. Reuters: China exports rose, putting the yuan issue center stage.…
Reuters: Bernanke said Europe is committed to keeping the euro as currency. Reuters: Congress has begun the final stage of financial reform legislation. Reuters: Apple Inc. (NASDAQ: AAPL) introduced the new iPhone.…
Pontiac is gone now. So is Saturn, and in effect Hummer. Ford Motor (NYSE: F) announced that it would fad out Mercury, a brand created by Henry Ford’s son Edsel. Car makers…
There have been an extraordinary number of suicides at Chinese electronics company Foxconn which does a great deal of work for Apple Inc. (NASDAQ: AAPL). Foxconn recently raised salaries by 30%n which may address…
MarketWatch: BP plc (NYSE: BP) opened down 12% after top kill failed. Reuters: American International Group (NYSE: AIG) turned down a deal from Prudential plc to cut the price of AIA. Reuters: …
