Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Yesterday, China's Zheijang Geely Holding Group purchased Volvo cars from Ford (F) for $1.8 billion. The Wall Street Journal, among others, is touting this acquisition as proof that China's economic rise is "reshaping large swaths of global business, as its huge market and increasingly powerful companies play a growing role in industries from cars to natural resources to telecommunications equipment." Geely is the first Chinese company that will be in charge of a global auto brand. That said, I think we need to give some praise to Ford CEO Alan Mulally.
Most of this past week the stock market was erratic. News from Asian and American Markets was generally positive, sending the indexes higher, until unsettling news from the European Union let the air out of the tires, resulting in 100 point swings of the Dow Jones Industrial Average, which ended Friday up about 50 points for the week at 10,850.36.
Five Chinese manufacturers are fielding display automobiles at the 2008 North American Auto Show. Amid a flurry of drab Chinese displays, misspelled promotional materials and one unscheduled auto tour through an ongoing press conference, China is presenting vehicles in the hope that the American auto-buying public will take them for real. I wonder how they feel about this at 
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
