GM In Advance Talks To Acquire Battery Supplier
The WSJ is reporting that General Motors (GM) is in advanced talks to acquire Cobasys LLC, a supplier of batteries used in a range of products including certain... >>>
Weekly Jobless Claims Decline
The Labor Department reported Thursday that weekly Initial Jobless Claims in the week ending May 31, was 357K, a decrease of 18K from the previous week’s... >>>
China’s Biggest Real Estate Developer Approved for IPO
China Construction Co. Limited, the country’s biggest real estate developer, was approved on Thursday by China’s securities regulator for the second... >>>
Is Stockpiling Driving Up the Price of Oil?
Forbes.com is raising the question if it’s possible for congress to stumble into a correct or honorable action on the economic front. Such an event seems... >>>
Retailers Report Better-Than-Expected May Results
As high gasoline prices create stronger economic headwinds against U.S. consumers, many in Wall Street have remained worried that a drop-off in consumer spending... >>>
Increased Foreign Direct Investments In The U.S. Economy
The Bureau of Economic Analysis released today a report on foreign direct investments to acquire or establish U.S. businesses. U.S foreign direct investments increased... >>>
ISM Services Index Gains In May
The non-manufacturing component, or the service sector, of the U.S. economy, according to a non-manufacturing ISM report released on Wednesday - decreased 0.3 percentage... >>>
Shift In Fee Practices For Major Bond-Rating Firms
The three major bond-rating firms, according to reports from the WSJ - are set to overhaul the way they collect fees as part of a settlement that could be announced... >>>
Icahn Seeks To Oust Yahoo’s CEO
WSJ is reporting that Investor Carl Icahn, who recently filed a proxy slate to replace Yahoo’s board, on the ongoing Microsoft (MSFT) versus Yahoo (YHOO)... >>>
Factory Orders Rise 1.1ptc
The Commerce Department reported Tuesday that orders placed with U.S. factories rose by $5.0 billion or 1.1 percent in April to $445.2 billion. The performance... >>>
