3:24am ET
Investing
Asia Markets And Europe Open 8/3/2009
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers. The Hang Seng rose .2% to 20,620. The…
TM Coverage Page 110
6:00pm ET
Cars and Drivers
The Miracle At Ford (F) Continues
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died when Lee Iaccoca left the business. William Clay Ford, Jr., the company’s…
2:00pm ET
Cars and Drivers
Government Bails Itself Out At GM: Cash For Clunkers Gets $2 Billion
The $1 billion “Cash for Clunkers” program was an ideal way for the government to protect its $50 billion investment in GM by stimulating domestic car sales as the industry enters the…
3:59am ET
Media
Media Digest 7/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China and the US vowed close ties to bring the economy out of recession. Reuters: Microsoft (MSFT) and Yahoo! (YHOO) are close to a search deal. Reuters: The Senate may drop…
3:49am ET
Media
Media Digest 7/28/2009 Reuters, WSJ, NY Times, FT, Bloomberg
Reuters: The recession has badly hurt investments in green technologies. Reuters: Obama called for deeper China ties with the US. Reuters: BP’s (BP) profits fell sharply. Reuters: Bank of America (BAC) will…
4:48am ET
Cars and Drivers
VW’s Push To Become The World’s Largest Car Company
VW’s plans to take over Porsche got a boost as the sports car company’s CEO was pushed out by his board. Wendelin Wiedeking leaves Porsche with a severance package worth $70 million.…
Douglas A. McIntyre 3:52am ET
Cars and Drivers
Can GM Survive Without The US Market?
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the…
10:14am ET
Investing
Predicting The Value Of The World’s Most Valuable Brands For 2009
Once a year, Interbrand publishes a list of the “Best Global Brands”. The 2008 list was released last September. The next list will probably be out in about two months. The change…
2:53am ET
Investing
Media Digest 7/21/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Microsoft (MSFT) is putting more R&D in India. Reuters: CIT (CIT) confirmed that it rasied $3 billion. Reuters: Bernanke said Fed can control inflation. Reuters: California lawmakers agreed to a state…
4:51am ET
Cars and Drivers
Another Mega-Auto Firm For Detroit To Contend With
It is not enough that two-thirds of The Big Three have gone through bankruptcy and that GM is controlled by the Treasury Department. Detroit has to contend with the more adroit and…
2:27am ET
Investing
Asia Markets And Europe Open 7/17/2009
Markets in Asia were modestly higher. The Nikkei rose .6% to 9,355. Toyota (TM) moved up slightly. The Hang Send rose .7% to 18,681. HSBC (HBC) was up sharply. The Shanghai Composite…
Douglas A. McIntyre 2:24am ET
Investing
Asia Markets Europe Open 7/16/2009
Markets in Asia were mixed. The Nikkei was up .8% to 9,344. Toyota (TM) rose sharply. The Hang Seng was up 1.3% to 1,6487. The Shanghai Composite fell .2% to 3,184. At…
4:21am ET
Cars and Drivers
The Case For Unavoidable Increases In The Stimulus Package
The San Francisco Chronicle recently wrote that only $9.4 billion of the $50 billion earmarked for the state has made it to the treasury. California has to wait for the rest during…
8:00am ET
Cars and Drivers
GM: Out Of the Chapter 11 Frying Pan And Into The Market Fire
The “best” parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30 AM today. The federal government will end up stuffing a total of…
3:07am ET
Media
Media Digest 7/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China…