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May 24, 2011
May 24 (Bloomberg) -- George Feiger, chief executive offer of Contango Capital Advisors Inc., a San Francisco-based wealth management firm, talks about global financial markets and his investment strategy. (Source: Bloomberg)
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May 23, 2011
Presidents, CEOs and the like often get asked this question. There's no good answer.
May 23, 2011
The foreign chief executive of embattled Tokyo Star Bank is likely to be asked to step down as it falls into the hands of creditors.
May 23, 2011
Glenn Thrush and Jake Sherman’s article about the “tense pre-vote meetings” in which an array of pollsters, political staffers and legislators tried to talk the House GOP out of supporting the Ryan budget is a blockbuster for two reasons. First, it shows the GOP knew what it was getting into. Second, it shows that the plan is so politically damaged that Republicans are beginning to leak about their prescient opposition to it.
But it does raise the question of why the Republican Party, which had just won a big election by running against the Democrats’ unpopular health-care plan, charged forward on a health-care plan they knew would be unpopular and, crucially, knew couldn’t pass. Because that’s really what’s weird here: It’s one thing to support unpopular legislation that you think is important and that you can pass but may hurt you at the polls. The tradeoff — good policy, bad politics — is clear. But what’s behind the Ryan tradeoff, which was bad politics in return for no policy? A few hypotheses:
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May 23, 2011
Brian F. Madigan, who played a leading role in the Fed's emergency lending programs during the financial crisis, will be a senior policy adviser at Barclays Capital.
May 23, 2011
Sears CFO Michael D. Collins has resigned "to pursue another opportunity."
May 23, 2011
A new Academy of Management Journal study has found that, in certain situations, CEOs who held outside board seats performed better than those with no outside seats.
May 23, 2011
New data privacy rules in India have raised concerns amongst U.S. companies, which say the regulations may be too restrictive.
May 23, 2011
The Tennessee House of Representatives approved a measure allowing corporations to contribute directly to political campaigns.
May 23, 2011
The Washington Post reports that many investigations against corporations rely only on information gleaned from the company's own research.
May 23, 2011
The Barnes & Noble board of directors is currently evaluating a $1b bid from Liberty Media for the bookseller.
May 23, 2011
CEOs from Amazon.com, Google and Facebook, among others, will gather in France this week to advise governments on increasing online economic growth.
May 23, 2011
Senator Charles E. Grassley, Republican of Iowa, is examining 20 stock trades by the hedge fund SAC Capital Advisors, a spokesman for the lawmaker said Saturday.
May 23, 2011
The Motley Fool - Just when the sluggish economy had started to show some encouraging signs, the news of the U.S. hitting the debt ceiling of $14.29 trillion reared its head. There have been several debates on whether to raise the ceiling. But now the only way out seems to be a hike in the debt limit, or else what would follow would be "catastrophic economic consequences," as Treasury Secretary Timothy Geithner has warned.
May 23, 2011
The billionaire chairman of Berkshire Hathaway made a cameo appearance on NBC's "The Office" on Thursday night to interview for a job.
May 23, 2011
While Morgan Stanley and Bank of America didn't get everything right with the LinkedIn I.P.O., they didn't "scam" the social networking company as The New York Times' Joe Nocera suggested in his recent column.
May 23, 2011
The private equity firm's new adviser, Marius Haas, had overseen 32 acquisitions while at Hewlett-Packard.
May 23, 2011
On Monday night, HBO will debut "Too Big to Fail," a retelling of events from the height of the financial crisis, based on the book by DealBook's Andrew Ross Sorkin.
May 23, 2011
Steve Wynn, who made his name reinventing the Las Vegas Strip with large, luxurious casino resorts such as The Mirage, the Bellagio and Wynn Las Vegas, has a new canvas: China.
May 23, 2011
Vale, the world's largest iron-ore miner, begins a new era this week under the leadership of its incoming chief executive, Murilo Ferreira, who faces the tricky task of pleasing investors as well as Brazilian politicians.