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EU Bank Supervision Coming The Europeans finally have agreed on something. There will be one bank supervisor for the region as early as next year. While the decision may be a step forward, it is not...
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In the long history of poor management decisions made at major American companies, only a few proved to be fatal. It is hard to ruin a company with a single decision. That is especially true when the...
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Google TV is set to get content from the Google Play store, including movies, TV shows and music, a big step in Google Inc.’s (NASDAQ: GOOG) efforts to become a media behemoth. Content will start...
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Apparently, another Sony Corp. (NYSE: SNE) product launch has been undermined due to another broken Sony product. Several media report that the Xperia Tablet S has a flaw. There is a space between...
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The future of French President Francois Hollande likely will be determined by the fate of his new austerity budget. (Reuters) EADS says it will stay with a deadline set by regulators for its merger...
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Sony Corp. (NYSE: SNE) has been struggling with losses for the past four years and the ripple effects of those losses now include another downgrade to Sony’s corporate credit rating from Standard...
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Google Inc. (NASDAQ: GOOG) begins to sell its Nexus 7 tablet in Japan, which puts it into competition with Sony Corp. (NYSE: SNE). (Reuters) Google’s shares trade at a record high. (Reuters)...
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Chinese state media reported Monday on a mass brawl among up to 2,000 workers at a Foxconn plant in Taiyuan, in Shanxi province. Foxconn’s Taiwanese parent company Hon Hai said in a statement that...
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Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters) Banks...
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A government investigation into J.P. Morgan Chase & Co. (NYSE: JPM) focuses on whether its monitoring of illicit money transactions was adequate. (Reuters) The U.S. will initiate a case at the...
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courtesy NintendoThe new Nintendo Wii U may be a super game console, but probably not super enough. The problems the product faces go well beyond the success of competitive products from Microsoft...
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EU Finance Ministers Meet The financial ministers of the euro area will meet over the next two days. There is a very wide range of topics that they might discuss. The gathering should begin with...
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courtesy NintendoAfter more than a year since the product’s introduction, the Nintendo Wii U game controller finally has pricing, shipping dates, and more details on what the device can do. The...
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Global shipments of TV sets has fallen for the third consecutive quarter according to the latest research from the NPD Group. The decline, which has picked up steam since beginning in the last...
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U.S. retail sales of video games, controllers and gear fell 20% in August compared with sales in the same month a year ago, according to a report from research firm NPD Group. The biggest drop came...
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