It’s a question that Microsoft Corp. (Nasdaq: MSFT) needs to get right: With current Chief Executive Officer Steve Ballmer slated to retire within a year, who will become the next Microsoft CEO?
This week, the financial media has been up in arms about the record $13 billion fine levied on JPMorgan Chase & Co. (NYSE: JPM) for its connection with mortgage-backed securities.
This week, JPMorgan Chase & Co. (NYSE: JPM) agreed to a tentative $13 billion settlement over a government investigation into faulty mortgage loans the company sold to investors.
What most investors don’t realize is that the company has been involved in 10 other settlements in the last two and a half years. Here’s a rundown of JPMorgan’s bad behavior since 2011.
The $13 billion settlement between JPMorgan Chase & Co. (NYSE: JPM) and the federal government shocked markets this week, as the fines would be a record paid by a Wall Street institution.
According to reports, the sum will amount to approximately half of the company’s 2012 profits.
Over the weekend, the San Francisco Chronicle delivered a stunning message that discourages and demotivates American workers from earning more income and promotes greater government dependency.
The biggest, and most ignored, trend in the U.S. economy is the ongoing divide between the wealthiest members of society and the average American worker.
Real wages are falling, while unemployment is stagnant. Politicians blame greed, but that’s because class warfare is a valuable tool to gain power.
I argue instead that disruptive technologies have accelerated this divide.
Michelle Obama is the spokeswoman of a national health campaign called “Let’s Move.”
The program is designed to encourage children to engage in healthy activities, to eat better foods, to drink plenty of water, and to encourage everyone to get outside and exercise.
It’s a noble message (run by federal dollars) in a world of video games and excessive saturated fat.
But, like all government programs, intentions end up trumping fiscal sanity.
Janet Yellen as the Next Fed Chair: Today (Wednesday), U.S. President Barack Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to replace Ben Bernanke as the head of the U.S. central bank.
Welcome to the decade of the politicization of everything. With the government shutdown in its first week, it is starting to look more and more like this temper tantrum from both sides could lead up to the debt ceiling deadline.
China is hungry and looking outside its borders for ways to feed its 1.35 billion citizens.