A Foxconn executive has acknowledged that the company is having trouble making enough iPhone 5s—creating a supply problem that has contributed to Apple's (AAPL) falling stock price and led to analysts cutting their estimates for the company's December quarter.
William Cohan, author of "Power and Money: How Goldman Sachs Came to Rule the World" and a veteran Wall Street watcher, says the former Citigroup chief executive was most likely pushed out from his the C-suite office.
Romney attacked Obama during their second presidential debate for failing to push through comprehensive immigration reform, as he had promised during his first campaign for the presidency. "[But] the political reality is that Republicans made that impossible in Congress," says one correspondent.
But is the recovery in manufacturing sustainable? Harvard Business School professors Gary Pisano and Willy Shih do not believe it is.
Food prices have been rising steadily around the world and this summer's drought isn't the only reason why, according to Frederick Kaufman, author of "Bet the Farm: How Food STOPPED Being Food."
With Citigroup’s high-profile executive shuffle occupying the minds of most investors on Tuesday, Goldman Sachs’ strong earnings all but fell by the wayside.