Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday’s debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit t…
Dell confirmed Thursday it’s in exclusive buyout talks with Compellent Technologies, but the proposed buyout price for the data storage company is apparently less than what investors were betting on. Compellent shares fell as m…
A U.S. District Court judge will not dismiss allegations against Toyota for problems related to sudden unintended acceleration in certain car models, as the automaker had hoped.
Continue reading Court Rejects T…
Temporary workers at a Hyundai Motor manufacturing plant in South Korea reportedly have agreed to end a near-monthlong strike that was inhibiting domestic production of subcompact cars, such as the Hyundai Accent.
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Chinese car sales reached a record high in November as consumers rushed to take advantage of tax rebates and other government incentives.
Sales of passenger cars including multipurpose vehicles and SUVs jumped 29.3% to 1.34 million in November, Bloo…