Sirius XMA federal district judge has ruled that a class action suit may proceed against SIRIUS XM Radio Inc. (NASDAQ: SIRI) for alleged antitrust violations. Sirius must defend itself, of course, but whether it…
Nintendo appears ready to prove that there are second lives for game console companies. The firm claims that first day sales of its new 3DS were the greatest for any handheld device in the…
Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of Twitter wants the site…
The 2011 Oscar telecast will go down as one of the worst in the history of the Academy of Motion Picture Arts and Sciences. At least that is what many Internet critics argued. Hollywood…
Off-exchange traded fund BATS will go public to challenge NYSE Euronext (NYSE: NYX) and Nasdaq (NASDAQ: NDAQ). (Reuters) Wal-Mart (NYSE: WMT) has take a sex bias case against it to the Supreme Court (Reuters)…
Facebook may hire the former White House press secretary Gibbs (Reuters) Wal-Mart (NYSE: WMT) will reopen stores it had to shutter in Japan (Reuters) Jobs may be the lagging indicator for a recovery again…
Netflix, Inc. (NASDAQ: NFLX) appears to have united just about everybody but its customers to curb the company’s growing power. The latest foray comes from the Starz pay-cable TV channels, owned by Liberty Media…
The Federal Reserve will hold press conferences four times a year. (Reuters) In 2006, Fannie Mae was warned about abuses in the foreclosure process. (WSJ) The Apple (NASDAQ: AAPL) iPad will go on sales…
The head of Goldman Sachs Group (NYSE: GS) said that an ex-director leaked confidential information. (Reuters) The prime minister of Portugal stepped down as his austerity plan was rejected by Parliament. (Reuters) Best Buy…
Japan’s markets fell on concerns about contaminated drinking water (Reuters) The US has stopped imports from the area around Japan’s nuclear disaster (Reuters) The damage to Japan could cost $300 billion (Reuters) Officials of…
It’s 1:00 PM and time for “The Daily IPO” for 24/7 Wall St. readers. We have noted on occasion how LinkedIn is planning to come public via an Initial Public Offering. While this is one…
Japan may need to work with the G7 to keep the yen low. (Reuters) Sony (NYSE: SNE) factories and Rio Tinto (NYSE: RTP) expansion plans were hurt by the earthquake’s aftermath. (Reuters) AT&T (NYSE:…
Warren Buffett of Berkshire Hathaway (NYSE: BRK.B) says the Japan disaster is a buying opportunity for companies based there (Reuters) AT&T (NYSE: T) will buy T-Mobile USA from Deutsche Telekom for $39 billion (Reuters)…
Goldman Sachs Group (NYSE: GS) cut 5% of the employees in its trading operation (Reuters) Congress added another stop gap budget bill to take the federal government’s funding through April 8 (Reuters) Brent crude…
Porn and adult social networking FriendFinder Networks Inc. has applied to come public again. The company has said that it has applied to list under “FFN” for its ticker on NASDAQ. FriendFinder hired Imperial…