Category: Markets

Why Job Growth Is Overrated

Why Job Growth Is Overrated

  Believe it or not, I’m for fewer jobs, not more. Throughout 2012 we heard politicians and pundits of all stripes yammering endlessly on the need for job growth—that we don’t have enough jobs....

Fiscal Cliff Cash Splash Continues: Cato, Dish, HCA Announce Special Dividends

Fiscal Cliff Cash Splash Continues: Cato, Dish, HCA Announce Special Dividends

    Whether or not U.S. lawmakers cut a deal to dull the economic impact of expiring tax cuts and mandated spending decreases, more and more companies appear to be operating under the assumption...

Libor Scandal Extended To UBS: Bank Reportedly Near $450M Settlement With Regulators         (Photo credit: Wikipedia) Swiss bank UBS is reportedly near a settlement with American and British regulators over interest-rate...

Delta Seeks Virgin Share as Doorway to Heathrow

Delta Seeks Virgin Share as Doorway to Heathrow

     Virgin Atlantic Airways Boeing 747-400 (G-VBIG, “Tinker Belle”) landing at London Heathrow Airport. (Photo credit: Wikipedia) Delta has approached Singapore Airlines about buying its 49% stake in the British airline Virgin Atlantic...

SAC Capital: Feds Are Probing Insider Trading Scandal

SAC Capital: Feds Are Probing Insider Trading Scandal

SAC Capital, the giant hedge fund run by billionaire Wall Street titan Steven A. Cohen, informed its clients on Wednesday that the firm is under investigation by the Securities and Exchange Commission, according to multiple reports....

Lion of American labor: A final conversation with Marvin Miller

Lion of American labor: A final conversation with Marvin Miller

November 27, 2012: 1:59 PM ET   Marvin Miller, baseball legend and renowned labor organizer, died Tuesday. In his last in-depth interview, Miller spoke to Fortune last month about everything from steroids to Bud...

From Hooters To Hot Buns: How Kat Cole Turned Cinnabon Into A $1 Billion Brand

From Hooters To Hot Buns: How Kat Cole Turned Cinnabon Into A $1 Billion Brand

by Jenna Goudreau, Forbes Staff  Kat Cole, 34, got an unlikely start in the food industry. While in high school in Jacksonville, Fla., she worked part-time as a Hooters girl, serving beer and chicken...

Is the U.S. Set for an Era of Slow Growth?

Is the U.S. Set for an Era of Slow Growth?

Is the U.S. Set for an Era of Slow Growth? The mood surrounding the U.S. economy is finally picking up.  The housing market is recovering, consumer sentiment is getting off the floor and, most importantly, unemployment is falling....

Is The RIM Renaissance Here With BlackBerry 10?

Is The RIM Renaissance Here With BlackBerry 10?

It’s extraordinarily difficult to revive a technology franchise: once the glossy brand has acquired the patina of being a bit behind the curve it almost never seems to lose it. But there’s a chance,...

Why Hostess Had To Die

Why Hostess Had To Die

Were outmoded products responsible for Hostess’ demise? Hostess Brands has now shut down and is going into final bankruptcy liquidation, killing 18,500 jobs and selling off its factories, brands and other assets. Yesterday bankruptcy...