Olympus may hire its former CEO, Michael Woodford, in the midst of an accounting scandal. (Reuters) Foreign investment in China drops for the first time in 28 months. (Reuters) Holiday sales continue…
Nokia (NYSE: NOK) brought the first of its new generation of it smartphones to the US as its launched its Lumia 710 with T-Mobile. The handset will cost $50 with a subscription…
A new smartphone from Nokia Corp. (NYSE: NOK) using the Windows Phone operating system from Microsoft Corp. (NASDAQ: MSFT) is reportedly being tested by the two largest US wireless carriers for use…
Officials at CME Group (NASDAQ: CME) have given the Justice Department documents that may prove former MF Global CEO Jon Corzine knew his firm lent customer money to its operations in Europe. Corzine had…
Samsung may be gaining rapidly on global handset market leader Nokia (NYSE: NOK), which has been beaten at every turn in the smartphone business. The South Korean company said it will sell 300…
NokiaNokia (NYSE: NOK) will soon launch its Lumia 710, a Microsoft (NASDAQ: MSFT) mobile powered smartphone, in the U.S. Sales in the first week may well determine the fate of the phone with…
Europe has cobbled together what appears to be a solution to the sovereign debt crisis. The markets do not believe in its efficacy. Most shares traded down once details were release. But…
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
S&P may downgrade the EU and the largest eurozone banks. (Reuters) France and Germany continue to press new eurozone treaty measures that would help trigger new financing for the region. (Reuters) Japan says…
We have been covering the risks of the AAA rating risks far ahead of the curve on these formal credit ratings downgrades by the major credit ratings agencies. After the United States…
Jon C. Ogg The action out of China’s virtual easing by lowering reserve requirements was already a boost to global markets, but the coordinated central bank efforts of the U.S., Canada, Europe, Switzerland, and the…
The Europeans do not celebrate Thanksgiving. That is a good thing today, because some 17,000 workers in Europe and elsewhere under the Nokia-Siemens Networks venture are going to be fired between now…
Jon C. Ogg Last quarter, China passed the U.S. as the world’s largest smartphone market. That means the fortunes of companies like Apple (NASDAQ: AAPL) will be decided as much in China as in the U.S. Some…
Concerns about the price of oil have returned after a summer in which both crude and gasoline prices fell. Slow production from OPEC nations is not to blame. Libyan production is actually…
The super committee makes no significant decisions on the budget deficit. (Reuters) The largest shareholder in Olympus cuts its position. (Reuters) Google (NASDAQ: GOOG) launches its new music service. (Reuters) Germany and…
