CNBC's Courtney Reagan reports on the departure of Wal-Mart U.S. CEO Bill Simon. Greg Foran will succeed Simon as Wal-Mart president & CEO.» Read More
The Wachovia boss may have proved his worth this week, but his peers are still worthy of skepticism.
With three drugs up for FDA approval by the end of the year, this stock could see a sizable increase in earnings.
These are scary times for banking regulators around the world. Bank runs, bankruptcies, a crisis of confidence etc. These are not factors leading up to the Great Depression, but rather, ripped from today's headlines. Things that would probably keep even Alan Greenspan awake at night! Ben and Hank have definitely lost sleep this past month...
Alright, be honest. When you hear the words "sovereign wealth funds", don't you also hear, ever so faintly in the background... that evil empire theme from "Star Wars?"
Harish Manwani either has a dream job or a nightmare position. You decide.
These 11 CEOs were the helm of companies that were bruised or broken by the credit crunch. Take a look at the money they had coming to them.
Every year, friends of mine head up to Hong Kong to go shopping. Not at the swanky boutiques in Central or the funky shops in Causeway Bay. Nope, they go to the warehouse outlets on the other side of Hong Kong Island. Why?
Robert Toll, Chairman and CEO of Toll Brothers, told CNBC that he sees the housing industry’s recession continuing through 2009.
Congressional leaders "sweeten" the $700 billion financial rescue package to attract enough House members, particularly Republicans, to pass the plan that failed in the House just two days ago. In the meantime, billionaire investor Warren Buffett takes opportunity of the rocky markets to invest $3 Billion in GE, the parent company of CNBC. Following are today's top videos:
SEC ban on short selling in financials is likely to be extended, NYSE CEO Duncan Niederauer said on a webcast with NYSE listed companies and reporters.
Prospects for a revised financial bailout improved as the Senate prepared to vote tonight and House leaders said headway is being made. However, CEOs are split on whether passing the bill is truly the best way to tackle the financial crisis.
The New York Times can't seem to get enough of Cramer lately. Check it out.
A day after Congress fails to pass the bailout bill, economists gather to discuss what went wrong, the significance of the plan and its financial implications. Plus, car dealers face the heavy pressures of the credit crunch. Following are today's top videos:
Short sellers assume this stock's headed south. But that's not what the chief executive says.
He told Mad Money viewers everything was OK. Two weeks later, his bank ceased to exist.
Did you hear the joke about the Wall Street CEO who made as much as $20 million for 18 days of work? Oh, sorry, it’s not a joke! Alan Fishman got a $7 million signing bonus for agreeing to take the helm of troubled Washington Mutual and he’s in line to get another $13 million in severance now that JPMorgan Chase will likely fire him after its acquisition of WaMu.
He's never done it before, but this one is worth it, he says.
Warren Buffett makes a surprise $5 billion endorsement to Goldman Sachs spacer, while Treasury Secretary Paulson agreed that a proposed $700 billion financial bailout be modified to put some limits on executive pay. Following are today's top videos:
I've been under the weather and too lethargic to even blog for a couple days, but nuthin' like a good ol' fashioned corporate war of words to get me goin' again.
If you listened to CEO Michael Ward talk, you'd never guess we were on the verge of another Great Depression.