On November 18 Suzuki said their marriage with Germany’s Volkswagen was over, and they wanted their dowry back.
Suzuki wants VW to sell back the 19.9% stake they have in the Japanese car maker. VW says no way. Now the case has gone to arbitration in a London, England, court. The arbitration could take two […] Continue Reading…
Fruit farmers in Fukushima Prefecture (home of the radiation spewing Fukushima Daiichi nuke plant) say radiation is coating their trees and fruit. They’ve come up with a plan to stop the absorption of radiation; use power washers to strip top layers of bark.
The Japanese Central Union of Agricultural Cooperatives believes that by stripping the […] Continue Reading…
A citizens group tested soil from three location in Tokyo and Yokohama, and found radioactive strontium, as much as 51 becquerels per kilogram.
The samples were taken at the end of October. This is not the first time strontium 90 has been found. At the beginning of October it was confirmed that samples taken on […] Continue Reading…
As a sign of how bad things are getting for European countries, it’s just been revealed that eight major Japanese life insurance companies are dumping their sovereign debt (bonds) from Italy, Ireland, Greece, Portugal and Spain.
All together, the Japanese companies sold off 44% of their bonds, by the end of October. According to Japanese […] Continue Reading…
Combine natural disasters, corporate and government incompetence, and regular inspections, and you end up with more than 80% of Japan’s nuclear power turned off. That’s disastrous when you realize that Japan’s industries rely on nuclear power! Can you say poor planning?
On November 25, another nuke plant will be shut down for regular inspection. But […] Continue Reading…
“Coldwater Creek (NASDAQ:CWTR) is one of today’s worst performing low-priced stocks…”-Adrienne Chilton, analyst
The month of October and November was so bad for the Idaho company that, maybe, it should be put out of its misery.
During the second week of November, there were reports that Coldwater Creek could be delisted from the NASDAQ. That’s because […] Continue Reading…
“The service has been there since last Friday. It’s really good news for our customers and local application developers.”-Apple China statement
California based Apple Incorporated decided to accept the Chinese yuan (aka Renminbi, or RMB) in an unannounced move last week. One reason is that China is now the world’s biggest internet market!!!
The App Store […] Continue Reading…
“The Postal Service still seems to hold the misguided belief that accounting gimmicks and an increased reliance on taxpayer support will give it flexibility to push back insolvency for a few more years.”-Darrel Issa, Republican Representative from California
California Republican Darrel Issa has just revealed himself to be a liar or an idiot!
First […] Continue Reading…
“Both bills have elements that delay tough decisions and impose greater constraints on our business model.”-Patrick Donahoe, Postmaster General of the United States
The Postmaster General was referring to bills proposed by the U.S. Congress. He’s still pushing for the more drastic changes he wants, like ended Saturday deliveries, and laying off more employees than […] Continue Reading…
On November 22, the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) released another revised Real GDP report. It says the second revision of GDP for the third quarter 2011 was a stagnant 2%.
Gross Domestic Product is the “the output of goods and services produced by labor and property located in the United […] Continue Reading…