Facebook CEO Mark Zuckerberg would have earned a "generous B-minus" for his leadership of the social media company, says Jeffrey Sonnenfeld, senior associate dean of the Yale School of Management.
Stocks are coming off their worst day in two weeks, with the FMHR team. Meanwhile CNBC's Steve Liesman helps break through the Fed noise. And Mike Santoli, Yahoo! Finance, says Google is not the next Apple.
The run-up in Google's share price has led some investors to compare it to Apple, but not so fast says Mike Santoli of Yahoo Finance and the "Fast Money" traders.
Rep. Lloyd Doggett, (D-TX) asked acting IRS Commissioner J. Russell George, if he found the IRS "rotten at the core." And, Rep. Peter Roskam, (R-IL), queried ousted IRS chief Steven Miller whether he had a "duty" to come forward to the Ways and Means Committee with any information he had about the tax investigation before the Hearing. Rep. Mike Thompson, (D-CA), wanted to know the difference between "inappropriate" and "illegal" actions when reviewing tax cases. And, Rep. Jim Gerlach, (R-PA), challenged the assertion that confidential tax information was not shared outside the IRS.
The CEO of Facebook has seen his personal wealth fluctuate between a high of $19.14 billion to a low of $8.92 billion over the past year, reports CNBC's Robert Frank.
I don't think the company has reached its full value, says Dan Rosenweig, Chegg CEO, commenting on how the social media company has fared since going public.
The mass media company is taking steps to review the relationship between its news division and its commercial operations, reports CNBC's Steve Liesman.
Facebook has shown it can monetize mobile and retain users, says Mark Mahaney, RBC Capital Markets analyst, who explains why he upgraded the social media company to outperform with a $32 price target.
In a House hearing, Rep. Paul Ryan (R-WI) confronts former acting IRS chief Steven Miller about whether he misled Congress on targeting of conservative groups.
CNBC's Eamon Javers and John Harwood provide insight from the House hearing on the IRS scandal, with ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George.
Rep. Richard Neal, (D-MA), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, about the policies of 501(c) (4) tax-exempt status and political groups. Also, Rep. Pat Tiberi, (R-OH), wants to know why an educational group and book club was targeted by the IRS. "Foolish mistakes were made," said Rep. Xavier Becerra, (D-CA). And, Rep. Dave Reichert, (R-WA), wants to know whether groups were "treated differently" because of their political affiliations.
Christian Chabot, the man who runs Tableau Software, is all smiles as he talks with Bob Pisani about the market's extremely enthusiastic reaction to the company's public debut. "People are calling data the oil of the 21st century."
Rep. Charles Rangel, (D-NY), asks ousted IRS chief Steven Miller and acting IRS Commissioner J. Russell George, who was responsible for the tax scrutiny, and whether the tax law is written for "abuse." And, Rep. Paul Ryan, (R-MI), asks Steve Miller if he is misleading the Committee because he knew in previous testimony targeting was taking place. And, Rep. Jim McDermott, (D-WA), distinguished the difference between "stupid mistakes" and "malicious mistakes." Also, Rep. Devin Nunes, (R-CA), asks Steven Miller if he is willing to release his personal emails, phone records, and personal schedule from 2010 until his resignation.
Rep. David Camp, (R-MI), asks ousted IRS chief Steven Miller and acting IRS commissioner J. Russell George, when they became aware of the tax scandal and who informed them. Also, Rep. Sander Levin, (D-MI), asks if there was "political motivation" involved in singling out organizations for tax-exempt status. And, Rep. Charles Boustany, (R-LA), asks both witnesses if specific "targeting" was not involved, why it seems one political group was singled out. Rep. Joseph Crowley, (D-NY), points out that Steve Miller was not a political appointee of the IRS; and Rep.Kevin Brady, (R-TX), reveals how a tax audit impacted a small business woman and Tea Party member..
Cherie Blair, who became a barrister in 1976 and Queen's Counsel in 1995, remembers going into a robing room in her early days and the room falling silent as some men were not used to working with women.
Cherie Blair¿s drive for female empowerment has seen her work with India¿s SEWA ¿ Self Employed Women's Association (SEWA) ¿ to help women to market, sell and manage better, and she tells the touching story of a woman in Gujarat.
Tony Blair says that once his wife, Cherie, gets up in the morning, "She is full on, 100 percent without any breaks during the whole day. She has phenomenal energy as well as intellect." After 33 years together, Blair said the secret to their success was to "respect and get on with each other."
Cherie Blair explains how ever since her first Olivetti PC she has been hooked to technology. The Internet, e-mails and online resources were particularly helpful for Blair when she was in 10 Downing Street, allowing her to manage her role as First Lady as well as continue to practice law.
Tony Blair says he and his wife came out of Downing Street ¿young enough and with enough energy to want to keep on making a difference and changing things.¿ While Blair says he would like to one day wind things down, he admits that Cherie would not enjoy just sitting around.