Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
China was supposed to be the salvation of the global auto manufacturing business as sales in the U.S. and Europe have slowed in the past half decade. Now, the China Association of…
ChartIt is hard to understand why General Motors (NYSE: GM) would continue to punish itself by moving further into the electric car market. Sales of its Chevy Volt have been a few…
Dexia rescued, part nationalized and part receives guarantees from Belgium. (Reuters) Germany and France agree to crisis plans for the region’s banks. (Reuters) A huge growth of debt in China could cause…
Steve Jobs was the greatest genius of the American technical age, which started with the launch of the PC and the operating systems that ran it. He was uniquely American, because his…
Automaker Ford Motor Co. (NYSE: F) and the United Auto Workers (UAW) union have reached a tentative agreement on a new contract. The UAW reached a deal with General Motors Co. (NYSE:…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets.…
The number of cars and light trucks sold in the U.S. fell 25% over the past five years, from over 16.4 million for the model year beginning September 2005 to 12.4 million…
If the US has an energy policy — a big if — that policy turns on two factors. One, reducing energy imports; and two, reducing environmentally harmful emissions. How the US will…
IPOs of Citic Securities and Great Wall Motor struggle, a sign that offerings from China are in trouble. (Reuters) The unresolved Greece problem continues to damage markets. (Reuters) Amazon.com (NASDAQ: AMZN) may…
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
UBS (NYSE: UBS) trader loses $2 billion in unapproved trades. (Reuters) The head of the World Bank says the global economy has entered a danger zone. (Reuters) General Motors (NYSE: GM) and…
Last week carmaker Toyota Motor Corp. (NYSE: TM) said that it had no plans to introduce an all-electric car into the Chinese market. Unlike both Ford Motor Co. (NYSE: F) and General…
