GE (GE) and Comcast (CMCSA) have struck a deal for the cable company to take a controlling share in GE’s entertainment unit–NBCU. Opponents of the transaction claim that it will be anticompetitive for the…
Reuters: The economy probably added 5,ooo jobs last month. Reuters: Kraft (KFT) gained control over 75% of Cadbury shares. Reuters: Toyota (TM) may recall the Prius. Reuters: Publishers and Amazon (AMZN) are still fighting…
Reuters: Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts. Reuters: Shell’s (RDS.A) profits fell sharply. Reuters: Sony (NYSE:SNE) posted its…
MCV, the games business site, reports that Take-Two Interactive (NASDAQ:TTWO) will lay-off 400 people, or 20% of its work force. The company’s VP of Corporate Affairs, Alan Lewis, denied the rumor but said a corporate…
Reuters: Volcker believes that banks should not be allowed to make risky trades. Reuters: Toyota (NYSE:TM) sales dropped after its recall announcements. Reuters: More US consumers are paying credit cards before mortgages. Reuters: Bank of…
Sony (NYSE:SNE) has had enough problems in the three years since Howard Stringer became CEO. The company’s PS3 has been a disappointment, regularly underselling the Microsoft (NASDAQ:MSF) Xbox 360 and Nintendo Wii. Prices for…
Reuters: Volcker will testify that banks should curb risky trading. Reuters: The US sees “no reason” to challenge the Toyota (NYSE:TM) plan to fix cars it has recalled for pedal trouble. Reuters: The new…
Reuters: Obama is looking for ways to cut the deficit. Reuters: Citigroup (NYSE:C) may sell its private equity group. Reuters: Toyota (NYSE:TM) will announce the fix for its gas pedals. Reuters: China and India…
Reuters: Congress will probe the Toyota (NYSE:TM) recalls. Reuters: Samsung said chip and TV demand is strengthening. Reuters: Some AIG (NYSE:AIG) employees are open to cuts in retention pay.
Reuters: The Toyota (NYSE:TM) recalls grew to 8 million. Reuters: Citigroup (NYSE:C) is considering selling its real estate unit. Reuters: Wall St. will fight Obama’s plan for the banking system. Reuters: Obama said he…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is a very under-followed stock considering how the company has such a cult following, millions of subscribers, and that its market cap is close to $3 billion. Yet…
The much anticipated Apple (NASDAQ: AAPL) tablet has finally debuted under the name “iPad.” It will sell for as little as $499, making it available to potentially huge market. Despite Apple’s secrecy concerning the…
Reuters: Obama will focus on jobs and the deficit. Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models. Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout. Reuters: China will put no…
Glen Back and Bill O’Reilly have not done as much to damage the credibility of Fox News, a part of News Corp (NWS) which is controlled by Rupert Murdoch, as some analysts suspect. A new…
Reuters: Obama will seek a three years domestic spending freeze aimed at cutting $250 billion from the deficit by 2020. Reuters: China tightened bank credit rules. Reuters: Chinese media criticized the US for “polticizing” the Google…