Groupon said Tuesday that it plans to cut 1,100 jobs globally over the next year as part of a restructuring of its international business.» Read More
Andy Kessler, former hedge fund manager, offers his take on tailwinds in the tech sector. CNBC's Herb Greenberg weighs in with CNBC's Mandy Drury.
Shares of struggling daily deals company Groupon moved higher after Legg Mason Portfolio Manager Bill Miller told CNBC he likes the stock "a lot."
U.S. stock index futures remained largely unchanged following the latest round of economic reports, with the S&P 500 within 2 points of hitting its all-time closing high.
Bill Miller, former Legg Mason Capital Management chairman, explains why he likes this tech pick.
Some of the names on the move ahead of the open.
Hey Fat Cats, time to shape up! Far too often, C-levels get too comfortable and completely disregard the possibility of getting fired.
Should you bet on stocks or the value plays, with Reggie Middleton, BoomBustBlog.com, and Rakesh Agrawal, reDesign.
Traditional media stocks have been on quite a run into the Dow Jones' rise towards hitting the 14,198 intraday peak, with the five biggest media giants hitting new highs. Here's what has been driving the media industry's gains.
Now that Andrew Mason has been fired as CEO from Groupon, can the company be saved?
Stocks finished in positive territory on the first trading day of March, with the Dow within 100 points of hitting an all-time closing high, as a better-than-expected ISM manufacturing report offset worries over China and Europe and as investors shrugged off the looming government spending cuts.
Small merchants and those in the e-commerce space are feeling let down by the initial hype of Groupon. Is the daily coupon model dead?
With a severance of $378.36, Andrew Mason could probably score several vouchers for half-priced Thai dinners or Swedish massages, but the ex-CEO of Groupon might be soured on daily deals for a while.
Discussing the leadership of Andrew Mason at Groupon, with the "Power Lunch" crew. "So many hyper-growth companies go through this period," says Henry Blodget, Business Insider, and "I think any CEO [of Groupon] would have been fired," he says.
Forget about golden parachutes. Mason may be the first CEO in modern-day capitalism to get a lead parachute.
It's been a tough week for multiple companies and their leadership teams, with the "Power Lunch" team and Henry Blodget, Business Insider.
Groupon fired CEO Andrew Mason on Thursday afternoon. Mason said he's leaving because he's become a distraction for the company as it continues its turnaround. But how can it turn itself around? TheStreet.com reports.
Frank Sennett, Time Out Chicago editor-in-chief, reveals some of the tactical moves that brought the company down and lead to the ouster of its CEO Andrew Mason.
It seems former Groupon CEO Andrew Mason is leaving the company with a lot less wealth than he had a year ago, reports CNBC's Robert Frank.
Groupon's board has fired the company's founder and CEO, Andrew Mason. CNBC's Julia Boorstin reports on likely candidates to replace the former top executive.
U.S. stock index futures held their losses Friday, weighed by a weaker-than-expected personal income report and weak economic data from Europe and China.