Reuters: China celebrated 60 years of communist rule as a capitalist economy. Reuters: The IMF cut global debt write-offs to $3.4 trillion. Reuters: CIT (CIT) is close to a deal to give the company…
Close to one out of three people in the world has downloaded an app from the Apple (AAPL) App store. Or, a much smaller number of people have downloaded ten or twenty apps on…
Reuters: China may hold the key to a sanctions program against Iran. Reuters: The head of the AIG (AIG) unit that caused most of the firm’s losses is back in US. Reuters: The G20 has…
There are reports from around the world that Google (GOOG) has changed its logo to “Googlle” for the day to celebrate its 11th birthday. The reports on the temporary logo have come in from…
Reuters: Solvay sold its drug unit to Abbott (ABT) foe $6.6 billion. Reuters: Kraft (KFT) will launch a hostile bid for Cadbury. Reuters: The World Bank said not to take the dollar’s role in…
Shares of RIM (RIMM), maker of the Blackberry, were knocked down almost 15% today after earnings. Revenue for the second quarter of fiscal 2010 was $3.53 billion, up 37% from $2.58 billion in the…
Reuters: The G20 is taking center stage in the new economic world order. Reuters: Bank losses from large syndicated loans will hit $53 billion this year. Reuters: One Fed governor said the agency may…
Strauss Zelnick, former record exec, and former WSJ publisher Gordon Crovitz will buy BusinessWeek, (MHP) which was yesterday rumored to be closing. (BW) Nokia (NOK) will buy travel social network Dopplr for $20 million. (TechCrunch)…
Microsoft (MSFT) felt compelled to deny a rumor that it would buy Electronic Arts (ERTS) after shares in the game company rose over 7% on speculation of a deal. BusinessWeek had to say that…
Nintendo has shipped more than 52 million Wii units worldwide since it was first launched in late 2006. That dwarfs the sales of its rival consoles the Microsoft (MSFT) Xbox 360 and Sony (SNE)…
Reuters: The young and affluent in China may become more active consumers. Reuters: The G20 is looking to nurture the recovery and add financial safeguards. Reuters: Taxpayers may never get back all of their…
Jeff Bezos, the founder and CEO of Amazon (AMZN), is known for being eccentric, but his new handset offer may be taking that act a bit too far. Every cellphone that operates on the…
PS3 sales are up 300% since Sony (SNE) cut prices on the devices by $100. PS3 sales have run behind those of the Microsoft (MSFT) Xbox 360 and Nintendo Wii since Sony introduced the…
The Motley Fool is one of the twenty most visited financial sites in the US according to comScore with monthly unique visitors of 1.536 million last month, making it slightly bigger than Google (GOOG)…
Reuters: A dispute over tires is making trade talks among G20 nations difficult. Reuters: Bank of America (BAC) will give Congress documents about Merrill. Reuters: Th G20 is looking at ways to rebalance the…