News Corp (NYSE: NWS) may face a bribery probe in the U.S. (Reuters) An Apple (NASDAQ: AAPL) patent lawyer may leave the firm (Reuters) China bank lending picked up. This could cause…
HTC announced fiscal third quarter results. The information was good for HTC but not good for rival smartphone firm, Blackberry maker Research In Motion (NASDAQ: RIMM). HTC said revenue more than doubled…
The head of PIMCO expects that Greece and other EU nations will default. (Reuters) The LulzSec group of hackers claims it will expand its attacks on private and government networks. (Reuters) The…
Nokia24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera…
Short sellers must not agree with the conventional wisdom that high gas prices and unemployment will keep Americans out of stores and malls this summer. These investors decreased their negative bets against…
Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. The growth rates, however, were very wide. Michigan’s…
The acting head of the IMF said that the US does not need stimulus because exports and disposable income will lift GDP. (Reuters) Facebook’s facial recognition technology is increasing worries about privacy.…
Apple (NASDAQ: AAPL) announced its new iCloud multimedia storage system and a new version of its OS called Lion. Nothing was said about updated versions of the iPad or iPhone at Apple’s…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
China’s three largest mobile phone operators are all being investigated for corruption by the Chinese Communist Party’s Central Commission for Discipline Inspection. So far, at least three managers have been forced to…
Deutsche Telekom has a problem. It has effectively sold T-Mobile to AT&T (NYSE: T) for $39 billion. T-Mobile management has almost certainly begun to work on a transition which will include layoffs…
Douglas A. McIntyre The House defeated a bill to raise the national debt limit. (Reuters) Google (NASDAQ: GOOG) unsuccessfully tried to form a venture with Facebook. (Reuters) SAC is under investigation for its trading of…
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.…
Updated throughout the day. California may review the AT&T (NYSE: T) offer for T-Mobile (Bloomberg) The Indian government may raise the amount it charges for diesel fuel (Bloomberg) Douglas A. McIntyre
Douglas A. McIntyre 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…
