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Stocks rebounded Thursday as crude prices climbed after inventories were pared more than expected. Stocks had gotten off to a wobbly start as investors juggled a bleak report on new-home sales with any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
When Carol Bartz took over as CEO a few months ago, I like everyone else was intrigued about how she would turn this struggling company around. I got my chance with Bartz in her first TV interview since taking the Yahoo job, and what I got was a decidedly aggressive, straight-talkin', honest, sharp executive, firmly in charge, with a vision and the methods to make it happen. In short, I got exactly what Yahoo hasn't been, but has so desperately needed.
Stocks retreated Thursday, after a higher open, as bleak report on new-home sales overshadowed any optimism from the unexpected drop in jobless claims and GM's deal with bondholders.
Stocks opened higher Thursday after an unexpected drop in initial jobless claims.
Futures held onto gains Thursday after an unexpected drop in initial jobless claims. However, the gains were muted as Dow component P&G slashed its outlook.
Time Warner is set to announce a separation of its AOL Internet division as soon as Thursday, the Wall Street Journal reported.
Is Googling about to become as dated as 8-track tapes, New Coke and Molly Ringwald?
No secret that plenty of Silicon Valley companies have seen precipitous stock declines, and several, including Google and Intel have taken steps to help out underwater employees. At Electronic Arts to the growing chorus.
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
Covering Apple can be fun, in a nauseating kind of way: Consider RBC Capital's Mike Abramsky earlier this year who did a whiplash-inducing about-face after essentially rating Palm a "buy," and Apple a "sell." He stepped up, admitted he was wrong, and upped Apple to a "buy," and dramatically increased his targets.
Today, Facebook secured a $200 million investment from Russian Digital Sky Technologies for a 1.96 percent stake in the company's preferred stock, giving the social network a $10 billion valuation.
Lo the power of a successful initial public offering, and a crush of private companies are now scrambling. And all of this action comes thanks to OpenTable and its wildly successful initial public offering last week.
I've got new competition. Sort of. GlaxoSmithKline sent me an email this morning calling my attention to its new external blog, "American Health: More Than Medicine." A pretty long name for a blog, one that screams that it went through the corporate approval wringer, but at least GSK is putting itself out there.
Got a job? That's nice. New car? Good for you. But all the bling in the world may not make you as attractive to a potential mate as...a healthcare plan.
As if kids needed another way to hit up their parents for cash, a San Diego company is launching a new payment service called "BillMyParents" to make it easier for kids to shop online.
I thought that blogging from Hawaii while I was on vacation was bad. Ok, it was. But a new survey from UK firm Credant Technologies reveals that one in four city workers surveyed in London work on their laptops IN BED for at least two hours a week.
Plus, calls on the U.S. economy, retail, Internet advertising and more.
If it's true that the group that led the last bull market doesn't lead the next one, investors will have to forget about banks and consider a new array of choices.
The endorsement of this company might surprise you.