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The U.S. Department of Energy has conditionally committed another $2 billion in loan guarantees for construction of two concentrated solar power (CSP) projects in southern California. With all of...
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Updated throughout the day The Administration will try to get business leaders to support concerns that failure to raise the debt cap could be dangerous for the economy (Reuters) Obama has pushed for...
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Updated throughout the day Google (NASDAQ: GOOG) applied for a Google Maps license in China (Reuters) Glencore continues to look for companies it can buy (WSJ) Douglas A. McIntyre Take This...
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Any CEO can change his management team. But, chess is not won by the use of new pieces. It is won by a strategy of attack and defense. Hewlett-Packard’s hapless new CEO, Leo Apotheker, decided to...
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Hackers broke into Senate computers. (Reuters) Chinese inflation hit a 34-month high last month. (Reuters) A slow economy could affect debt talks between the Republicans and Democrats. (Reuters) Oil...
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All Nokia (NYSE: NOK) has to do is hang on for a few years and it will have a huge share of the smartphone market due to its partnership with Microsoft (NASDAQ: MSFT). IDC says that Windows will have...
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Updated throughout the day. Hillary Clinton may be the next president of The World Bank (Reuters) Ally Financial may delay its IPO (Reuters) Anglo Irish Bank may sell its $10 billion US commercial...
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The May 31, 2011 short interest data is now out and there was a very mixed bag in the world of short selling when it comes to the NASDAQ’s high-priced share leaders. We have tracked the short...
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Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill Gross said he...
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Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million...
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The Financial Times reports that hackers have gained access to a number of Citigroup (NYSE C) credit cards numbers which belong to the bank’s customers. “The bank said that about 1 per cent of...
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Sometimes press releases have the strangest things in them. Many individuals complain about corporate welfare, but we are curious to know if shareholders actually care about when the companies they...
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Stock splits usually bring back memories of the old tech bubble and dot-com bubble. Fundamentally, nothing changes at the company other than that smaller investors get to invest in shares at a...
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Updated throughout the day. Najafi may make an offer for the assets of Borders. (WSJ) UBS may relocate its US trading operations from Stamford CT to NYC (NYT) Google (NASDAQ: GOOG) and France Telecom...
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On June 6, Apple announced its new storage service, iCloud. The platform will combine application services on multiple kinds of devices with a seamlessly integrated online, cloud storage system. The...
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