With the advent of the digital camera age, Kodak, facing desperate times as Fuji Film gives them a run for their money, looks to China's lucrative markets.
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Fed Leaves Rates Unchanged, Says Inflation Outlook is Better
Fed Leaves Rates Unchanged, Says Inflation Outlook is Better
Disappointment in Durables Leads to Worries of Prolonged U.S. Malaise
Demand for big-ticket U.S.-made goods plunged in May, as orders for metals, heavy machinery and even aircraft all skidded. The orders for so-called “durable” goods dropped by 2.8% last month – the biggest decline in four months, and far more than the 1% decline economists had projected. This report is considered a crucial indicator of […]
Sinking Consumer Confidence: A Harbinger of Rougher Waters Ahead?
Consumer confidence skidded in June to its lowest level in nearly a year…
Time For Fed-Watchers to Watch the Fed
It's what they say – not what they do – that will count.
"Reverse Merger" Will Make Europe's GLG Hedge Fund Firm a Public Company
GLG Partners, one of the largest hedge funds in the European market, will go public in the United States in a "reverse merger" valued at $3.4 billion.
Flextronics Deal Creates Competition for Taiwan's Hon Hai
With its recent agreement to buy rival Solectron for $3.6 billion, Flextronics is hoping that it will gain the manufacturing and marketing muscle needed to keep pace with its other foreign rivals
Ethanol, Mileage Agreements Reached Despite Disagreements
The Senate last week approved a bill calling for a bigger use of ethanol, as well as the first boost in gas mileage requirements in several decades.