"Technology has certainly blunted that," said professor Joseph Foudy of the New York University Stern School of Business. Large and mid-sized companies with offices in Manhattan- where many of the 300,000 daily LIRR riders work- agreed.» Read More
Mexican billionaire Ricardo Salinas of Grupo Salinas says fixed rate securities are attractive in Mexico. He also sees a lot of opportunity in the telecom space. "Everybody wants a smartphone," he adds.
Yahoo's CEO Marissa Mayer is beginning a "no telecommuting" rule in June. Regina Lewis, USA Today contributor and Chuck Wilsker, Telework Coalition president & CEO, share their opinions. "Marissa is not going for balance, she's going for a turnaround," says Lewis.
Rajeev Singh-Molares, EVP & President, Asia Pacific at Alcatel-Lucent says that after a particularly slow first quarter, Asia's mobile markets will rebound over the rest of the year. China will publish its plan for a national broadband network later in the year and this will drive growth in the mobile industry.
CNBC's Kayla Tausche discusses the best performing stocks of the day.
Hedge Fund manager Philip Falcone, Harbinger Capital Partners founder, has invested $2.9B in the startup company, Lightsquared. CNBC's Maria Bartiromo speaks with Falcone regarding his plans to build wireless broadband.
Paul Wuh, Managing Director at Samsung Securities (Asia) says China Mobile would be a good place to park your money, and expects a 3-4% growth return.
Bruce Brda, Senior VP & General Manager, Global Services at Motorola Solutions talks about the company's business strategy down the road.
Kevin Taylor, President, Asia Pacific of BT says the telco's business in China is mainly conducted via partnerships, a sector which he hopes the government will open for direct business.
Chua Sock Koong, Group CEO of Singtel, believes the telecommunications giant will remain successful in a global environment of slower growth.