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It appears AT&T CEO Randall Stephenson may have seriously miscalculated when deciding which government agency to worry about.

AT&T To Fight DOJ Over T-Mobile Acquisition Lawsuit

Steve 01:55 pm | Tweet AT&T isn’t willing to sit idly by and let the DOJ have it’s way. The company is going to fight tooth and nail to get their $39 billion T-Mobile acquisition past regulators, despite the fact that Justice seems just as focused on ensuring the deal, as it stands, doesn’t…

Sep 1 2011 / No Comment / Read More »

If the Department of Justice has their way, T-Mobile customers may have a long wait indeed for the iPhone, as a suit filed in Federal court seeks to block AT&T, who has the iPhone, from acquiring T-Mobile, who doesn't.

D.O.J Says “No Way” to AT&T’s T-Mobile Acquisition – Could It Spell the End of T-Mobile?

Jenna McKinnley 11:01 pm | Tweet Claiming a merger of the two mobile providers will violate anti-trust laws, the U.S. Department of Justice today moved to block the AT&T takeover of rival T-Mobile, claiming it would be a violation of anti-trust laws. The deal, forming a mobile mega company by pulling T-Mobile customers under the…

Aug 31 2011 / No Comment / Read More »

Boeing's 787 Dreamliner, seen here Thursday evening in the pattern for Seattle's Boeing Field on what is probably it's last pre-certification flight, could orovide the company with it's most promising long term revenue stream ever, if myriad production problems can be ironed out.

Boeing 787 Dreamliner Finally FAA Certified and Ready to Fly For Money

Steve 03:41 pm | Tweet Boeing’s technological wonder kind, the 787 Dreamliner, is a cutting edge, fuel efficient new kind of airliner that not only broke new ground technologically, but demonstrated the difficulty of implementing many new technologies and innovations into a single project. Boeing nearly looked as if had bitten off more than…

Aug 27 2011 / No Comment / Read More »

Pandora surprised analysts by reporting an operating profit for Q2, although they still lost money on a GAAP basis. Executive compensation and stock option expenses made up much of the difference.

Pandora Vindicates Investor Confidence With an Operating Profit and Record High Q2 Revenue

Steve 02:41 pm | Tweet Streaming music provider Pandora Media Inc (NYSE: P ) gave investors who jumped on the bandwagon early something to cheer about Friday, as they announced a profit quarterly profit, something they had yet to achieve. Rising ad revenues powered the newly public company to a quarterly operating profit of…

Aug 27 2011 / No Comment / Read More »

Even Apple haters have to acknowlege the company's founder has spearheaded industry changing product innovations. The question is how Apple will fare when he's no longer the man with the plan.

Steve Jobs Resigns as Apple CEO, Will Apple Still Have “IT” in the Future?

Steve 11:16 pm | Tweet Steve Jobs, the visionary Apple CEO behind many of the most successful computing and consumer electronics products ever produced, has resigned from his post at the top of the company he founded. Jobs, suffering from cancer for almost a decade, had been taking time away from Apple in recent…

Aug 25 2011 / No Comment / Read More »

Incoming Standard and Poor's CEO may reall have his work cut out for himhis new company will be in the midst of a government investigation and calls to split from parent McGraw Hill Inc. when he reports for work in Spetember, as

Standard and Poor’s Sharma Replaced by Douglas Peterson, Company May Split

Samson Perth 02:13 pm | Tweet Standard and Poor’s CEO Deven Sharma will step down from his leadership post with the company, only weeks after S&P lopped a half point off the U.S. credit rating, and days after the news that the company was under investigation by the Obama administration for their handling of mortgage…

Aug 23 2011 / No Comment / Read More »

Although the company has yet to make money, executive chairman John Stanton expressed confidence in his company's prospects last week when he doubled his investment in it by buying 2.7 million shares of the company's stock, doubling his previous holdings. Stanton is a wireless industry veteran, having been instrumental in wireless companies VoiceStream Wireless and Western Wireless.

Clearwire Shares Up on Buyout Rumors

Steve 02:49 pm | Tweet Kirkland, WA based 4G wireless broadband provider Clearwire Corp (NASDAQ: CLWR), is rumored to be involved in buyout talks through it’s relationship with mobile provider Sprint-Nextel (NASDAQ: S), who currently owns almost 50% of Clearwire. The talks are said to involve three other minority Clearwire Investors, cable companies Comcast…

Aug 21 2011 / No Comment / Read More »

Economy

More Californians Out of Work in July, Driving Jobless Rate to 12%

With California State unemployment rising, Governor Jerry Brown appointed a new jobs Czar to stop the bleeding. Currently California finds itself in the unenviable position of having the nation;s 2nd worst unemployment situation, behind only eastern neighbor Nevada.

Steve 02:50 pm | Tweet The State of California is again finding itself among the dubiously distinguished, as the country’s largest economy added only…

Aug 20 2011 / No Comment / Read More »

Merkel – Sarkozy Promises May Not Cut It

German Prime Minister Angela Merkel, fresh out of a fiscal policy meeting with French President Sarkozy, downplayed the importance of a shared Eurozone financial instrument, saying "What we are proposing here is the means with which we can solve the crisis right now and win back trust, step by step ...... I do not think euro bonds will help us in this."

Jenna McKinnley 02:04 pm | Tweet German Prime Minister Merkel and French President Sarkozy met at Élysée Palace Tuesday to try and plot a path…

Aug 17 2011 / No Comment / Read More »

German Economy Hits Wall, U.S. Markets Open Lower

Aug 16 2011 / No Comment / Read More »

Finance and Banking

U.S. Pushes Switzerland Hard Over Secret Bank Account Info

Swiss Bank UBS felt the U.S. wrath over tax evaders in 2009, when they turned over secret account info and paid a $780 million fine to the U.S. government. Now fellow Swiss bank Credit Suisse is getting the business over U.S. citizens who are using Swiss banking secrecy laws to shield assets the U.S. lays claim to.

Jenna McKinnley 02:17 pm | Tweet The United States is in dire need of tax revenue, and doesn’t much care about Swiss banking tradition, if…

Sep 5 2011 / No Comment / Read More »

Federal Housing Finance Agency Suing Big Banks For Mortgage Securities Investments, Bank Stocks Plunge

North Carolina based Bank of America is in the cross hairs of the FHFA, who is trying to recover monies it claims 17 big banks, inlcuding BofA, cheated the Agency out of through fraud and deception.

Jenna McKinnley 03:32 pm | Tweet The Federal Housing Finance Agency (FHFA), the U.S. regulatory agency charged with, among other tasks, overseeing Fannie Mae and…

Sep 3 2011 / No Comment / Read More »