According to Reuters, a fire closed most of the oil pipeline between the US and Canada. Reuters writes that the head of VW said the the Russian car market would eventually be…
In a move that is certain to rock the cell carrier industry, Verizon Wireless, a JV between Verizon (VZ) and Vodafone (VOD) will open its network to phone and software not purchased…
It looked like the FCC was going to have cable companies for dinner. The commission was talking about forcing cable systems to open channels to small networks, and perhaps planning to halt…
According to Reuters, Goldman Sachs (GS) issued a report saying the housing sector had much further to fall and that some financial institutions would have to raise money to stay in business.…
A number of rumors about an AT&T (T) buy-out of satellite TV provider Echostar (DISH) took the stock up 19% today to $47.49. But, it may all have been too good to…
According to Reuters, some auto industry experts think car sales could hit a 15-year low in 2008. Reuters reports that the OPEC summit ended with members disagreeing about what to do about…
The Wall Street Journal claims that Google (GOOG) is about to invest at least $4.6 billion in buying wireless spectrum at the FCC auction in January. Owning a big piece of the…
Fly On The Wall And Barron’s are mentioning a rumor that cable giant Comcast (CMCSA) might buy WiMax IPO Clearwire. It is not likely to happen, but it should. Cable is being…
According to Reuters, executives at Ford (F) say that they see a tough US market and will cut production as necessary. Reuters reports that Northern Rock received an injunction from the publication…
This morning’s post-earnings downgrade of EchoStar Communications Corp. (NASDAQ:DISH) from a "Buy" to a "Hold" at Citigroup, is having a much broader impact than it originally seemed. Shares were not indicated this…
Barron’s mentions a rumor from tech industry journal TMCNet. Google (GOOG) will buy Sprint (S). Sprint has a market cap of $46 billion, so it is possible. It would get Google the…
The largest cable company in the US, Comcast (CMCSA), hit $30.18 last January. Mark that down. The shares may well never get that high again. Time Warner Cable (TWC) hit $44 in…
WiMax appears to be such a promising technology, at least on paper. It can send wireless broadband signals for miles from one base-station. If is faster than 3G, the core technology used…
According to Reuters, profits rose 2.7% at Toyota (TM) and the company raised full-year forecasts. Reuters writes that GM (GM) will take a $39 billion non-cash charge in Q3 Reuters reports that…
According to a blog at Fortune.com, Apple (AAPL) has re-locked the software for the iPhone, at least in the UK. The latest version of the phone comes pre-installed with a software update…
