Archive for: Company News

Video: How US Has Become a “Destination” Country for Global Companies

Andrew Gordon discusses a remarkable turn of events as companies develop a renewed sense of appreciation for the American workplace…

Video: The Last of the Legacy Airlines Goes Under

Andrew Gordon Talks About Why He Hates Airlines So Much and Why You Should Never Invest In This Sector…

A Global Trigger for Gold Miners?

China’s Shandong Gold mining company had made an offer to buy Brazil’s Jaguar Mining. Here are a couple of things you should know about this development…

Canada’s Oilsands: The Next Best Thing to Energy Independence

Last week the US turned its back on Canada’s oilsands, putting on hold a pipeline project that TransCanada had already spent $1.9 billion on and would have created 30,000 jobs within months

The Stunning Fall of the Once-And-Never New King of the Burgeoning Small Car Market

India’s $2,500 car made possible by the wonders of a homegrown process called “frugal engineering” was going to revolutionize the auto industry…first in India and then the world.

Bank of America Reverses Decision to Charge Fees for Debit Card Use

Bank of America (BAC) is retreating from its recent decision on fees almost as fast as Greek Prime Minister Papandreou is retreating from his recent acceptance of Europe’s latest austerity package for Greece.

Barclay’s Plays Trick or Treat But Markets Aren’t Amused

The British-based global bank, Barclay’s, sold some hedges this past quarter it had previously taken out to protect itself against adverse moves in interest rates. Barclay’s made an “extra” 559m pounds from the sale.

Chevron More Than Doubles Its Profits

Chevron is increasing its production faster than its peers. It’s one of the lowest-cost producers among the Big Oil companies. And it has a slew of new projects about to come online, from the Gulf of Mexico to Kazakhstan.