All Economy
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.
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.
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.
Top 10 states for working moms Mother'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 “right to nurse” laws. In honor of Mother’s 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.'
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.
JPMorgan collapse: Can we regulate Wall Street now?JPMorgan Chase & Co., the nation’s largest bank, announced Thursday that it had lost $2 billion in risky trades over the past six weeks. It adds fuel to the argument that Wall Street needs to be more heavily regulated.
The labor report that may decide the presidential electionIf the race is close this fall, a small set of data could be all the difference.
Will taxing the rich really fix the economy?The rich are roundly blamed for the country's economic woes. But the problems the economy faces run deeper than tax code matters.
JP Morgan $2 billion loss stirs memories of 2008 crisisJP Morgan CEO Jamie Dimon dubs losses 'egregious,' but market analysts expect that, this time, the damage would be contained and not spread to the entire financial system.
Are some global companies too reliant on China?Consumer companies like Apple, BMW, and Starbucks saw profits rise last quarter because of surging sales in China, while industrial companies like Caterpillar and ABB struggled. Slowing Chinese growth could threaten the latter, but not the former as much.
New world record: 1,626 miles on one tank of gasHelen and John Taylor drove the longest distance without refueling of anyone in the world. Their car, a diesel-powered Volkswagen Passat, got an average 84.1 miles per gallon.
Hedge funds: Money rolls in after stellar quarterHedge funds' inflow in April was nearly five times the rate in March but lower than the amount of investment hedge funds attracted a year ago.
Oil prices fall below $96 a barrelOil prices in Asia fall on concerns about slowing economic growth. Oil prices have fallen about 10 percent since last week.
JPMorgan reveals huge $2 billion trading lossJPMorgan stock drops nearly 7 percent in after-hours trading. JPMorgan CEO Dimon blames 'errors, sloppiness, and bad judgment.'
