Berkshire Hathaway Shares Jump 6 Percent on Buyback
Shares of Berkshire Hathaway jumped 6.5 percent to $106,500 after Warren Buffett’s conglomerate announced its first-ever share buyback.
Boeing Delivers First 787 Dreamliner to Japan's ANA After 3-Year Delay
After being three years behind schedule for various reasons, including component shortage and a 57-day machinists' strike, Boeing says it has delivered the first 787 Dreamliner to Japan's All Nippon Airways (ANA).
LG to pour about $7 billion in Green New Business
LG, South Korea's second largest business conglomerate, said on Sunday it will invest 8 trillion won ($6.83 billion) in Green New Business sectors such as electric vehicle parts, LED lighting and sewage treatment industries by 2015.
HP, Apotheker Downfall: Indecisiveness
The problem for HP and doomed CEO Leo Apotheker runs much deeper than the obvious, including a sagging stock price, TouchPad tablet and WebOS failure, and a damaged brand image. The simple cultprit has been corporate indecisiveness, which has run amok throughout every problem the company has faced. That's why Apotheker is apparently out of a job and Meg Whitman, the former eBay CEO is in. But even that very move smacks of indecisiveness, since Apotheker has only been on the job for one year.
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Women Tech CEOs: With Bartz Gone, Who’s Left and Why?
Carol Bartz's ouster as Yahoo CEO leaves the ranks of women in the tech sector much smaller. Why?
Is the Dow Headed Higher or Lower?
To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
Tech CEOs in 2011: Where Are the Women?
At Apple, all senior executives are male. Why? And why so few female CEOs?
25 Top CEOs Earn More Than Their Firms Pay in Taxes
Through massive pay raises and tax-dodging strategies, 25 CEO's were able to earn more than what their companies' pay in federal income taxes in 2010, according to an analysis by the Institute for Policy Studies.
Warren Buffett: Altruistic Defender of American Icons or Shrewd Profit Seeker?
Legendary investor Warren Buffett made a phone call to Bank of America CEO Brian T. Moynihan on Aug. 24 and offered to invest a staggering $5 billion in the bank. The Bank of America shares had been in doldrums amid questions over its liquidity situation and rumors that it would need a massive capital injection.
Analysis: Buffett Trades off his Reputation, Returns Follow
Warren Buffett showed again this week that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
Facebook, LinkedIn Threaten to Slay Monster.com
Shares of the parent of online job board Monster.com are down nearly 70 percent this year, with most of that loss coming since early July. A company that once boasted a multi-billion dollar market valuation is now worth less than $1 billion.
Stock Market Rebounds On Early Trading
The stock market inched back up this morning as bargain hunters scoured the Big Board for victims of last week’s crash.
U.S. Stock Market: Who Has the Upper Hand Now - Bulls or Bears?
To say it's been a discomforting summer for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with large market drops followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision will be enough to rev-up U.S. GDP growth.
U.S. Stock Market: Dow?s Wild Ride May Continue, on Societe Generale Woes
After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
Factbox: Top campaign donors to super committee members
Here is a look at some of the top donors to election campaigns for the 12 members of the U.S. Congress named to a deficit-fighting "super committee."
Apple Briefly Replaces Exxon As Largest Public U.S. Company
Ironically, Exxon still generates about four times the annual revenue that Apple does.
Financial advisers have "black Monday" blues
For plenty of financial advisers -- who also serve as quasi-therapists, spiritual gurus and confidantes -- Monday was bad.
Top 10 Largest U.S. Companies by Market Cap
Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.
Lloyds pushed $5.3 billion into red by insurance mis-selling
Compensating customers who were mis-sold insurance pushed Lloyds 3.25 billion pounds ($5.3 billion) into the red in the first half but the loss was broadly as expected and the British bank reiterated its full-year guidance.
Google Hires Top Government Patent Lawyer to Aid Team
Google adds a top FTC lawyer to its internal team
Comcast Earnings Rise; Benefiting from NBCUniversal Acquisition
Second-quarter earnings rose at Comcast and the company is "pulling all the right levers," said one analyst. Comcast is benefiting from its purchase of NBCUniversal earlier this year.
Construction begins on Sentinel natgas plant in California
Competitive Power Ventures Inc (CPV), GE Energy Financial Services and Diamond Generating Corp (DGC) began construction at their co-owned, 800-megawatt gas-fired CPV Sentinel Energy Center in Riverside County, California, the companies said in a release on Thursday.
How to play it: Swiss francs, gold thrive in debt crisis
It's not too late to find investor-friendly exchange-traded funds specializing in safe-haven currencies and precious metals, experts say, though the August 2 deadline for raising the U.S. debt ceiling is days away. For more intrepid individuals, there are even some tech ETFs that seem to be holding their own.
GE pulls sale of railcar leasing business: sources
General Electric Co has canceled plans to sell its railcar leasing business that could have fetched about $3 billion for the largest U.S. conglomerate, people familiar with the matter said on Tuesday.
Bulging Cash Balances Set up Sovereign Funds for Deals
Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.
3 Things Needed to Get GE's Stock Price Moving Again
GE is making progress in earnings and profits as the company reshapes its business, but its stock price is lagging behind. Here's three things needed to get GE's stock price moving again.
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