Moody’s said it may downgrade Japan’s debt because of its economic problems and huge debt. (Reuters) Goldman Sachs traded $1.8 billion in Libyan sovereign capital in 2008 and lost most of it.…
Google (NASDAQ: GOOG) was sued by PayPal and Ebay (NASDAQ: EBAY) over the use of trade secrets in its new e-commerce payment system. (Reuters) A power shortage in China may cause the…
G8 leaders will met and will probably focus on the IMF and upheaval in Africa and the Middle East (Reuters) Hedge fund manager David Einhorn wants Steve Ballmer replaced as CEO of…
Sony Corp. (NYSE:SNE) Chief Executive Howard Stringer is living proof of “Murphy’s Law.” Everything that could have gone wrong for the media and electronics giant has done so. Last month came word…
Experts say a Greek default would harm other EU nations and banks. (Reuters) Several insurers face large losses because of US weather damage. (Reuters) AIG (NYSE: AIG) will price shares to be…
European debt concerns have dragged stocks down. (Reuters) Foxconn said a third person had died following an explosion in a plant where Apple (NASDAQ: AAPL) iPads are made. (Reuters) GT Solar may…
Updated throughout the day Sony (NYSE: SNE) may restart its network next week after it was shut due to a hack (Reuters) Turk Kemal Dervis may be kept from the top job…
Douglas A. McIntyre Strauss-Kahn resigned at managing director of the IMF. The Japanese economy has fallen into recession and should recover late in the year. (Reuters) LinkedIn priced at $45, the top of its range.…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Howard Stringer, the disgraced CEO of Sony (NYSE: SNE), made the remarkably disingenuous or perhaps naive comment that all Internet systems have the same weaknesses as the hacked PlayStation network. “It’s the…
Hewlett-Packard (NYSE: HPQ) earnings were below expectations, but those of Dell (NYSE: DELL) were above. (Reuters) The FCC asked Google (NASDAQ: GOOG) and Apple (NASDAQ: AAP) to attend a meeting on location-based…
IMF head Dominique Strauss-Kahn was charged with sexual assault in NYC (Reuters) Glencore raised the mid-point of the price range of its IPO (Reuters) Research In Motion (NASDAQ: RIMM) recalled 1,000 Playbook…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
Sony (NYSE: SNE) kept the top spot in the Flame Index as concerns about the shutdown of its PS3 network failed to subside. Sony could face $1 billion in liabilities. The Japanese…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions…
