3XSQ: Nasdaq/Facebook turbulenceReutersJune 11 – WSJ reports the Nasdaq CEO was unreachable while on a flight back to NY post Facebook IPO, missing calls from the SEC. India enrolls 1 million people a day in a revoluti… Don't look to Saudis for g…
BloombergJPMorgan Losses Throw Republican Lawmakers Off BalanceWashington PostSince JPMorgan Chase & Co. announced its $2 billion trading loss earlier this month, that front has splintered. Some are seeking investigations, with Senator Mike Crapo o…
The Wall Street Journal’s Nick Timiraos interviews Redfin CEO on the current housing market. Surprise surprise! Bidding wars. Comparative Home Sales Chart Market Flies…
Most of the folks who were dead wrong for years after the market low in March 2009 (see chart at right) have quietly given up, but at least one analyst is still calling for stocks to crash through those financial-crisis lows.
United-ICAP senior te…
Return of Mass Layoffs a Grim Sign for U.S. Workers
By Aaron Task
Putting pressure on an already lousy job market, the mass layoff is making a comeback. In the past week, Cisco, Lockheed Martin and Borders announced a combined 23,000 in job cuts. (See…