The Battelle Memorial Institute, which looks at R&D in major nations, says that China will pass Japan as the No.2 spender next year. “China is expected to spend $153.7 billion on R&D…
Nokia Corp. (NYSE:NOK) new Chief Executive Steven Elop was hired in September to lead a turnaround of the struggling cellphone maker whose market value has eroded by $61 billion. With today’s announced…
Apple (NASDAQ: AAPL) and Chinese firm Lenovo had a surge in sales of their personal computers last month. Most of the rest of the industry did not. NPD Group, the research organization, reported…
The new tax package made it through the first stage of Congressional approval. (Reuters) The federal government began the process of setting higher capital requirements for US banks. (Reuters) China will have…
There is growing evidence that the Nintendo Wii, which dominated game console sales for nearly three years, is losing market share. That position has been taken by the Microsoft (NASDAQ: MSFT) Xbox…
The US government has broadened it probe of insider trading. (Reuters) The euro will not last more than a few years, according to Jim Rogers. (Reuters) Fannie Mae and Freddie Mac are…
The Dow Jones Industrial Average (also called The Dow, Dow 30 and the DJIA) is what most Americans think of as the “stock market.” The widely followed benchmark of 30 American stocks,…
Pfizer’s (NYSE: PFE) CEO Jeff Kindler resigned because he was tired, he says. “The combination of meeting the requirements of our many stakeholders around the world and the 24/7 nature of my…
Bank of America Corporation (NYSE: BAC) dismissed speculation, per CNN, that it is the big U.S. bank that WikiLeaks founder Julian Assange told Forbes magazine will be the website’s next target. OK!…
Insider selling by millionaire and billionaire corporate insiders is already rising, but it is about to go through the roof. Forget the politics and forget the morale left behind as a result,…
Reuters: EU and the IMF began to work out details of an Ireland bailout. Ireland will finish work on a $20 billion set of budget cuts. Reuters: China has started to work…
The new Microsoft (NASADQ: MSFT) Kinect, which has already sold 1 million units, and updated versions of products from Sony (NYSE: SNE), and Nintendo had all better sell well in November and…
The GM IPO may be the largest in US history (Reuters) Fed officials defended their plan to lower rates (Reuters) Bonds issues by Ireland may have great value in the case of…
The demand for GM stock may push the price per share of the IPO to $33. (Reuters) Rolls Royce began to build more engines to replace faulty ones on Airbus A380s. (Reuters)…
There is a rumor that Yahoo! (NASDAQ: YHOO) will layoff 20% of its workforce or 20% of the workforce in one of its divisions. Neither may be true. Yahoo! has become the…
