Sure,it's all smiles and handshakes now, but just wait until they sit down and talk when Wu Yi, Vice Premier and the most senior woman in China's Communist Party is likely to tell the US to back off, especially when it comes to China's currency, the...
Toyota passed GM in global sales early this year, and the Japanese carmaker now expects to end the Detroit giant's 76-year reign as world NO. 1. The world's most profitable automaker has earned over three billion dollars in the last three months. Th...
The numbers are staggering, the Shanghai Composite, China's main stock exchange up more than 50% this year alone, on top of a 130% increase last year, the benchmark index passing a record 4000 last week. A buying frenzy fueled by small-time investor...
This was the company that merged with Daimler about 9 years ago hasn't been awfully successful. The company paid more than 30 billion dollars back, then, this deal was for 7. 4 billion dollars for 80% of the company. In effect, Chrysler is coming ho...
Alfred Broaddus is the former president of the Richmond Federal Reserve, he joins us now. Mr. Broaddus, it's always a pleasure to have you with us on Saturday, we appreciate it. Nice to be here. So, you know Steve Tang in chief was saying: Look, loo...
Microsoft is reportedly looking to ride the wave of MA, negotiating perhaps a buyout deal with Yahoo, will this pairing be enough to knock Google off its perch? Let's ask Walter Pritchard, he's managing director of Equity Research with Cowen Co. and...
We have more tonight on the subject of spending. But this has to do with the American household budget. Tonight, in the State of California alone, gasoline is now at an all-time record-high price per gallon, and food prices are rising sharply these...
In this presidential election, the big names are taking no prisoners in their quest for cash. And now Wall Street's big rollers are doling out the big bucks voting with money. Erin Burnett is Following the Money tonight. The numbers for the first qu...
Well, it's no secret the American auto sector is fueling the heat-increased competition, Americans' souring on American cars, the list goes on and on. But theres definitely a bright spot in Detroits future, in developing markets. Call it the new car...
He was never implicated in the Siemens bribery allegations, but Klaus Kleinfeld will have to pay the price. After a meeting of the supervisory board, Klaus Kleinfeld announced he would not be available for another term as CEO of the company. An unce...
