Reuters: BP plc (NYSE: BP) has begun to run an important test on its well cap. Reuters: China’s economy expanded at 11.1% in 1H but closed in Q2. Reuters: GlaxoSmithKline (NYSE: GSK)…
Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
Toyota Motor (NYSE: TM), a company in the midst of saving its own image and financial health, will extend a lifeline to a small and struggling car company–Tesla NASDAQ: TSLA), which recently…
Reuters: Profit surprises are likely for companies linked to the oil spill. Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions. Reuters: BP…
China’s car sales increases slowed very sharply in June, up only 10% compared to the same month last year, according to the China Automotive Technology & Research Center. The news comes four…
Updated throughout the day. The Toyota (NYSE: TM) recalls of 270,000 cars will cost $228 million. (Reuters) Sanofi-Aventis SA is considering large acquisitions in the US (Bloomberg) Lionsgate has set a poison…
Douglas A. McIntyre China is now the largest car market in the world, having moved ahead of the US last year. Most analysts believe that 16 million cars and light trucks will be sold in…
GE (NYSE: GE) CEO Jeff Immelt, speaking at a business gathering in Italy savaged China and President Obama. In an unusual move, GE said that Immelt’s comments did not reflect the views…
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. Reuters: China’s…
Domestic car sales are expected to move into reverse in June. That should be expected after a year of monthly increases–some of them breathtaking. Edmunds expects every major car company to post…
Ford Motor (NYSE: F) stock is down more than 23% during the last three months, which is significantly more than Toyota Motor (NYSE: TM) or Honda Motor (NYSE: HMC). At first glance,…
Reuters: Lawmakers are close to crafting a final financial reform bill. Reuters: BP plc (NYSE: BP) shares fell again on clean-up cost concerns. Reuters: Large numbers of people stood…
Toyota Motor (NYSE: TM) CEO Akia Toyoda spent most of the company’s annual meeting today trying to gain back shareholder trust and explain how the Japanese automaker will regain its footing. “I…
At the depth of the recession when there was a falling market for new cars, strikes were almost welcome in the US and EU. Most car companies had so much inventory that…
Reuters: Auto dealers will not be subject to new financial regulations. Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ). Reuters: Firm iFixit says…
