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Yahoo CEO鈥檚 exit: debacle for company, and a warning for resume paddersScott Thompson was hired as Yahoo CEO 鈥 the embattled company's fourth in five years 鈥 for his record as an executive, not the degrees on his resume. But the fabrication was costly.聽- JP Morgan losses send Wall Street back to Capitol HillCongressional critics plan hearings to probe how America's largest bank posted $2 billion in trading losses 鈥 and whether new financial regulations, still being implemented, go far enough to rein in Wall Street abuses
College savings or retirement fund: where to invest?Between a college fund and retirement savings, which takes top priority? If it's in the form of a Roth IRA, retirement saving is the way to go.
Stocks, euro tumble over Greek deadlockA political stalemate in Greece rattled financial markets worldwide on Monday, driving US stocks lower. The Dow dropped 125 points to close at 12695. The index has lost half of its gains for the year over the past two weeks.
Making your new business noticeableWhile starting a new venture is one of the most important and exciting things you鈥檝e ever done, to the market your product is just one more in an already overcrowded sea. You need a strategy to ensure that your new small business is more than just another distraction to be ignored.
Offshore bank accounts: no Americans allowedWealth management firms the world over are declining to open offshore accounts for Americans.
Should Greece ditch the euro?Some think that Greece and other weak euro area countries would benefit from ditching the euro and introducing devalued national currencies. Are they right?- How Mormons 鈥 like Romney 鈥 cultivate business savvy early onShouldering responsibility from childhood 鈥撀燾onducting meetings, raising money, and giving talks for adult crowds 鈥 Mormon boys learn skills that can them succeed in business. Some Mormons, like Mitt Romney, go on to have extraordinary business success.
California rail project: Who should pay?California's high speed rail project will likely cost $100 billion to build and operate. But who should pay: California taxpayers or the federal government?- Yahoo revolving door: Another CEO shuffleYahoo ousted CEO Thompson for inaccurate data on his bio, its fourth CEO in five years. Yahoo interim CEO Levinsohn must now try to build the struggling Internet company.
- Facebook IPO could target higher priceFacebook IPO has far more buyers than stock, which could mean a revised Facebook IPO filing this week.聽
- Stocks fall in Europe, Asia amid Greek turmoilStocks drop in France, Germany by more than 2 percent in early trading, following losses in China and elsewhere in Asia. Stocks also set to open lower in the US. 聽
- JPMorgan Chase: Loss to force three executives to resign?JPMorgan Chase loss of $2 billion has caused Chief Investment Officer Drew to tender her resignation, a source says. Two of her subordinates involved in the JPMorgan Chase loss are also expected to resign.
Ferrari hybrid car? Coming this year, chairman says.Hybrid car sales rising, Ferrari decides to join the crowd with a Ferrari Enzo hybrid car, due out 'at the end of the year,' chairman says.- JPMorgan CEO 'dead wrong' about $2 billion lossJPMorgan's Dimon says he didn't know the extent of the trading losses when he called them a 'tempest in a teapot' in April. The loss came from trading to limit JPMorgan's risk, he says, not make a profit.聽
Top 10 states for working momsMother's Day companies? That's what you could call workplaces that help moms meet their family commitments. Those companies can be located anywhere. But some states do better than others in mandating a level of standards beyond the federal minimum in the form of paid family leave, job protection, and 鈥渞ight to nurse鈥 laws. In honor of Mother鈥檚 Day, here are the Top 10 states that best support new working mothers, according to the National Partnership for Women and Families. Can you guess which state gets the highest marks?
Generic brand products: six to buy, six to avoidIn many cases, generic products are identical to name brands at a considerably lower price. But in some cases, stick to brands you can trust.- Carroll Shelby: an icon for high-performance carsCarroll Shelby, who died Thursday, gave up car racing to create the Cobra and high-performance models of the Ford Mustang, Dodge (Omni) Shelby, and other cars. Carroll Shelby was a 'one-man brand.'聽
More federal regulation? JPMorgan case bolsters critics of banking system.JPMorgan executives have opposed tough banking regulations, saying they would be a 'shock to the US financial system.' But the firm's $2 billion trading loss weakens that argument.
Electronic menus: food, Facebook, and fun. Coming to a restaurant near you?Some eateries in hip places like California and New York are changing to electronic menus that let customers order food without waiters, play games, and even 'like' items on Facebook.聽
