Panasonic wants to join Microsoft (NASDAQ: MSFT), Sony (NYSE: SNE), and Nintendo as a large provider of video game consoles. It will launch a product into that market called “Jungle.” The Wall Street Journal…
Reuters: George Soros says Germany has a deflation problem. Reuters: China helped keep the yuan’s value low by giving aid to Greece. Reuters: China ignored EU comments about the yuan. Reuters: Congress wants investigations…
Toshiba has introduced a 3D TV that does not require consumers to wear the odd glasses that people must wear to view movies using the technology. Many electronics companies say that 3D TV will…
Reuters: Bank of Japan moved rates to zero Reuters: September retail sales were probably up due to promotions. Reuters: Obama said the fiscal situation was untenable. Reuters: Twitter appointed a new CEO. Reuters: Google…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: Philadelphia Fed…
Netflix Inc. (NASDAQ: NFLX) felt a sting on Friday after an analyst downgrade. The home delivery of all-you-can-eat video rentals provider may have some additional answering to do when it comes to analyst coverage…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is at it again on the raised guidance front for subscribers. CEO Mel Karmazin has now announced that SIRIUS is expected to end 2010 with approximately 20.1 million…
Reuters: Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman. Reuters: A trade by Waddell & Reed Financial helped start…
Reuters: China said legislation aimed at a devaluation of the yuan violated WTO regulations. Reuters: IPOs do poorly in the People’s Republic now but can raise money from overseas investors. Reuters: The new consumer…
American’s do not trust the media, and this mistrust hit an all-time high in 2010, the fourth year the figure has gone higher. Fifty-seven percent of US adults have little or no trust in…
Reuters: US businesses fear a fight over the yuan will cause a trade disaster. Reuters: The US will test a cyber-blitz response plan. Reuters: JPMorgan Chase (NYSE: JPM) may go to the FDIC for…
Reuters: American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer. Reuters: China said movement on a bill to force revaluation of the…
In a move that should have surprised no one, Comcast Corp. (NASDAQ: CMCSA) said today that it was replacing Jeff Zucker as head of NBC Universal once the business is sold by General Electric…
Reuters: Petrobras raised $70 billion in the largest stock offer in history. Reuters: There will likely be no tax cut before the election, according to Democrats Reuters: Obama asked the Chinese premier for more…
Blockbuster filed for Chapter 11 as expected. The rental chain declared that it reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the company’s 11 3/4 percent senior secured…