CEO Robert Diamond's ouster from Barclays (NYSE: BCS) raises questions about whether Wall Street's doyen, Jame Dimon, CEO of JPMorgan Chase (NYSE: JPM), might be next to go, especially as his bank's problems mount.
Research In Motion is in trouble. The BlackBerry maker has been suffering from an identity crisis for the last six months, which has resulted in mass layoffs, lots of job shuffling, dramatic drop-offs in market share and a quickly decaying portfolio for investors. But not according to newly-appointed CEO Thorsten Heins; in his eyes, RIM is all roses and rainbows and puppy kisses right now!
Nissan Motor Co. (Tokyo: 7201) June U.S. car sales rose 28.2 percent on gains for almost every model in the Nissan lineup.
California, the state with the second most foreclosures by volume, has passed one of the strongest laws in the country seeking to protect homeowners from improperly losing their homes.
The U.S.A. remains the world's richest country, with more wealth than the combined treasures of the next four richest nations -- Japan, China, Germany and the UK. And most of its wealth comes from the potential of its people.
He was a household name in Italy, and his sleek, fast cars made him a design icon around the world. Sergio Pininfarina, of the eponymous design firm, is dead at 85. Here are some of the exceptional vehicles he created.
June U.S. car sales rose across the board, surging above the 14 million unit seasonally adjusted annual rate (SAAR) of sales after a lackluster May, indicating a continued recovery for the industry that will likely carry through the second half.
Microsoft has just revealed another hint as to what its next generation gaming console will be called. Until this point it was thought to be titled the Xbox 720, but new domain names could suggest something different.
Fat cat Wall Street executives continue to donate to the Obama campaign, despite political conflicts between the financial industry and the White House.
Apple has released the film Steve Jobs: The Lost Interview, which features nearly 70 minutes of unedited, never-before-seen footage of a conversation between the iconic Apple founder and technology expert Robert X. Cringely, is now available on the iTunes Music Store for $3.99.
The British Parliament, might not be the place one would expect to see fireworks lit on July 4. But that's what's likely to happen Wednesday, when the former CEO of Barclays plc (NYSE:BCS), who resigned Tuesday, is expected to tell the House of Commons its fraud was partly done at the bequest of the Bank of England.
Slowly but surely, Apple's operating systems are converging, but bonding these two separate systems together would be impossible without iCloud. On Monday, Apple introduced two new additions to the iCloud Beta portal for iOS 6 developers, including the Notes and Reminders apps, before it releases Mountain Lion this month and iOS 6 this fall.
Samsung?s Galaxy S3, the company?s flagship smartphone for 2012, is giving Apple?s iPhone some stiff competition overseas. In the UK, iPhone sales have seen a decrease following the Galaxy S3?s May release date, the Financial Times reported.
On the whole, Poland has at least 40,000 illegal immigrants, with Vietnamese, Pakistanis and Ukrainians accounting for the bulk
General Motors Co. (NYSE: GM) reported 15.5 percent year-over-year U.S. sales growth in June and the best sales month for the company since September 2008.
The resignation came as Barclays was preparing to demand American-born Diamond, 60, hand back almost £20 million ($31 million) in bonuses
Ford reported Tuesday that June sales rose 7 percent over the year before driven by strong sales of trucks and SUVs.
Many residents will likely spend the Fourth of July barbequing without electricity and biting their tongues over how long it is taking to restore power.
Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
As the Midwest teeters from the impact of one of the most damaging heat waves in U.S. history, declining yields on crops could hurt the public by raising food and commodity prices to staggering proportions, according to commodities trading data.
The refineries are aimed at replacing Nigeria's decaying refining infrastructure, which has turned the country into a net importer.
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported June sales rose 20 percent compared to the year before, making it the best June sales month in five years.
He, along with his former partner in crime, Myra Hindley, will forever be known as the ?Moors murderers? for a series of gruesome, sadistic murders committed against children and teenagers outside of Manchester.
Initial public and governmental response garnered unified relief that someone has taken responsibility for the spate of banking scandals and damaged relations between its customers.
Renesas Electronics Corp (TYO: 6723), a leading Japanese semiconductor manufacturer, said that it is letting go 5000 employees in an effort to restructure the organization and bring the company back to black.
The wait is finally over for people in the U.S. who were looking forward to Samsung's latest flagship smartphone, the Galaxy S3. Sprint made the handset available for in-store purchases from July 1, while AT&T announced that it would be selling the phone in its stores from July 6. But if a recent note by one industry analyst is to be believed, it won't be an easy road for this successor of the S2.
The Indian rupee continued its forward rally for the fourth consecutive session, reaching a 1-month high of 54.81 against the dollar in the morning trading session Tuesday.
Duke Energy, Infosys, Seadrill Ltd, Barclays, Microsoft, Royal Bank of Scotland, Silvercorp Metals and Kraft Foods are among the companies whose shares are moving in pre-market trading Tuesday.
Asian stock markets advanced Tuesday as weak economic reports from around the world boosted hopes for stimulus measures from major central banks globally.
The U.S. labor market has lost a step since spring and the trend of lackluster job growth will likely continue into June.