According to Reuters, Nasdaq will turn to Asia for much of its future growth Reuters reports that the new bank bailout could cost as much as $2 trillion. Reuters writes that the…
According to MINOnline, advertising pages in major monthly magazines are down 20% for issues from the first two months of this year. One of the most popular weeklies, The Economist, suffered ad…
Why belabor the point? Richard Parsons, who did an awful job as Chairman and CEO of Time Warner (TWX), a position from which he mercifully retired , has been named Chairman of…
According to Reuters, the financial crisis may speed up the approval of the Treasury Secretary. Reuters reports that Fiat has set a deal to own 35% of Chrysler. Reuters reports that an…
No one working in the media industry will ever have seen a year as bad as 2009 will be. The sharp slide in advertising began in 2008, and, based on the worsening…
Douglas A. McIntyre According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the one at Morgan Stanley (MS) Citi would be paid about $2 billion.…
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers. Reuters reports that Obama will lay out his case for stimulus package in a speech. Reuters…
The average man on the street would view giving up millions of dollars in bonus money for a hard year of work as a tremendous sacrifice. Vikram Pandit, CEO of Citigroup (C),…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth quarter of declining earnings. According to the news service, "Fourth-quarter profit at…
According to Reuters, authorities do not think Madoff could have acted alone. Reuters show that the US is sinking deeper into recession. Reuters reports that the SEC defended it response to the…
According to Reuters, the House will vote on the auto bailout as early as this week. Reuters writes that Rio Tinto (RTP) will cut 14,000 jobs. Reuters reports that AIG (AIG) owes…
Yahoo! (YHOO) has become a "rumor an hour" company. Over the weekend, the Times of London said the portal had a deal with Microsoft (MSFT) for its search business. As part of…
According to Reuters, US car sales are expected to be down sharply for November. Reuters reports that the global recession is hurting Asian factories. Reuters reports that the GM (GM) board is…
From the day that Yahoo! (YHOO) walked away from a takeover bid by Microsoft (MSFT) to the day that the portal company could not report good earnings to the day that a…
The Walt Disney Co. (NYSE: DIS) is set to report earnings right at the close of trading today. The Thomson Reuters (First Call) estimates for the media giant and DJIA component are…
