Investment UJ.P. Morgan Chase: A Screaming Buy for Value Stock InvestorsInvestment UJP Morgan Chase (NYSE: JPM), our country's biggest bank, admitted on May 10 to an unexpected trading loss in its chief investment office (CIO) unit. And to make it …
MarketWatchAn Employee Messes Up. Time to Unleash the Claw?Wall Street JournalBy JOHN BUSSEY If ever there was an open-and-shut case for clawing back compensation from reckless traders and risk managers, it must be JP Morgan Chase & Co., where even…
TechCrunchSequoia's Moritz Steps Back From Management on IllnessBusinessWeekBy Brad Stone on May 21, 2012 Michael Moritz, the venture capital investor behind companies such as Google Inc. (GOOG) (GOOG), LinkedIn Corp. (LNKD) (LNKD) and Yahoo! Inc.,…
BloombergFacebook's Value Jumped 13-Fold in Private Trading Before IPOBloombergFacebook Inc. (FB)'s value jumped 13-fold in private trading in the four years before its initial public offering yesterday, based on data from SecondMarket Inc. Tra…
VentureBeatKleiner Perkins Raises $525 Million for Web, Clean TechBloombergKleiner Perkins Caufield & Byers, the venture capitalists that backed Google Inc. and Amazon.com Inc., raised $525 million for investments in startups focused on digital tec…
FortuneFacebook to sell 25% more sharesCNNBy Chris Isidore @CNNMoneyTech May 16, 2012: 7:17 AM ET There will be 25% more Facebook shares sold in its upcoming IPO, according to a company filing. NEW YORK (CNNMoney) — Facebook announced Wednesday that 2…
BloombergFormer AOL Exec Garlinghouse Named CEO Of YouSendItForbesAs of this morning, he's now CEO of YouSendIt, a venture-backed startup that offers software tools for online collaboration and the transfer of large files. He replaces Ivan Koon, wh…
FortuneCarlyle's First-Quarter Profit FallsNew York TimesBy MICHAEL J. DE LA MERCED In its first earnings report as a public company, the Carlyle Group on Tuesday reported a 26 percent drop in profit. But the investment firm emphasized what it said…
MiamiHerald.comUS stocks sink after weak April jobs reportThe Associated PressBy PALLAVI GOGOI, AP Business Writer – 1 minute ago NEW YORK (AP) — News that hiring in the US slowed last month sent stocks diving Friday. The poor employment report cam…
CNNWhen a billionaire trader loses his edgeCNNJohn Arnold was once considered one of the world's top commodities traders. Now the 38-year old is leaving the business. By Leah McGrath Goodman FORTUNE — Traders, when not speaking on the record, will…