Sirius XM Radio Inc. (NASDAQ: SIRI) and Liberty Media Corporation (NASDAQ: LINTA, LINTB, LCAPA, LCAPB, LMDIA) have announced the closing of the second and final phase of the John Malone rescue package. Under terms…
No printed Wall Street Journal. No printed New York Times, or Newsweek or The New Yorker. That possibility grows more by the day. Hearst, which said it would close it Seattle paper, the Post-Intelligencer, has…
According to Reuters, Obama will start work on getting his healthcare plan passed. Reuters reports that February joblessness is estimated to rise 648,000 for February. Reuters reports that the pick for the No.2 spot…
Given the volume of Apple newsflow, we hope this end-of-week review helps. We’ve included important headlines and a few sleepers, aggregated from Apple Investor News: • Why is Apple Living in Denial? – Forbes…
Google’s (GOOG) huge video-sharing site YouTube drew enough people to have 100 billion videos viewed in January. The question is whether anyone in the media world, particularly the internet, TV, or film businesses really…
According to Reuters, Ford (F) will launch a major financial restructuring. Reuters reports that the US is launching a $75 billion plan to help troubled holders of US mortgages. Reuters reports that the Fed…
According to the new 24/7 Wall St–Channel Checkers Survey of 30 Game Stop (GME) and EB Games locations, Sony (SNE) PS3 sales are better relative to Microsoft (MSFT) Xbox and Nintendo Wii than they have…
According to Reuters, Obama spoke about the economy with optimism as his aides defended the budget. Reuters reports that a Senate panel will question Swiss banking’s secrecy policy. Reuters reports that foreclosures drove up…
According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to buy bad…
DISH Network Corporation (NASDAQ: DISH) and former partner EchoStar Corp. (NASDAQ: SATS) have both reported earnings this morning. DISH (DISH) earned $0.48 EPS on a 1% decline in revenues to $2.92 billion. This is…
According to Reuters, AIG (AIG) will receive as much as $30 billion from the government in a deal which pieces of some of the insurance company will be owned by the Fed. Reuters reports…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give the government…
According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. Reuters reports that Citigroup…
If Hearst does not get huge concessions from the staff at The San Fransisco Chronicle and cannot find a buyer, it will close the paper. It does not matter that it is one of…
According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging members to vote for the new Ford (F) contract. Reuters reports that The San…