Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages are double…
Reuters: The White House budget director will leave. Reuters: China’s state-owned banks are buying dollars. Reuters: Intel (NASDAQ: INTC) and the FTC are in talks to settle a market abuse case. Reuters: …
Tony Hayward of BP plc (NYSE: BP) was not in the “loop” about the Deepwater Horizon rig and any problems at the drill site. He says that his company has thousands of…
Toyota Motor (NYSE: TM) has been hit by labor strikes in China. The Toyoda Gosei Co. plant in the northern city of Tianjin is owned 42% by Toyota along with a local…
Reuters: A plan to isolate swaps from bank deposit assets will be in the financial reform bill. Reuters: The Volcker rule would prevent mergers among large banks. Reuters: Facebook’s 2009 revenue was…
GM is likely to go public within the next three quarters, particularly if the economy avoids a double dip recession. The rumor is that JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE:…
VW wants to be the world’s No.1 car company, and may reach that goal through its merger with Porsche. The top spot has changed hands in the last two years moving from…
GM will spare 900 of the nearly 2,000 dealerships it planned to close. That will leave it with 5,000. The revised plan will save GM money. Closing dealerships adds to the company’s…
Reuters: G20 nations have no agreement on a bank levy. Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies. Reuter: Facebook’s CEO…
Ford Motor (NYSE: F) has announced that it will recall 236,642 Focus cars in China, one of the largest in the history of the People’s Republic. China is now the world’s largest…
Without specifying a partner, the CEO of Honda Motor Co., Ltd. (NYSE:HMC) said yesterday that he hopes that his company can work with China to develop batteries for an all-electric vehicle .…
Reuters: Shares in Europe plunged Reuters: Oil hit the shores of Louisiana Reuters: The EU faces scrutiny over whether its austerity measure will be adequate. Reuters: The euro moved up in a…
In the past, securing Toyota Motor Corporation (NYSE: TM) as a partner and investor would have been a score for Tesla Motors. The reality is that it still probably is. The problem…
Jon C. Ogg Reuters: The Senate backed restrictions on credit rating agencies and credit card fees. Reuters: Oil dropped to a three-month low based on demand. Reuters: Facebook will hold a staff meeting on privacy.…
Reuters: Doubts about the EU plan drove markets down. Reuters: SEC and the exchanges will boost market rules to prevent huge sell-offs. Reuters: A Fed official said nations must rebalance their inward and outward…
