Category: Markets

Donating Star Wars Billions Will Make George Lucas One Of The Biggest Givers Ever

Donating Star Wars Billions Will Make George Lucas One Of The Biggest Givers Ever

George Lucas introduced the world to Star Wars back in 1977, and he profited handsomely from it. Now, after selling the mega-franchise to Disney for $4.05 billion, Lucas is preparing to give back in a big way....

Exxon’s Declining Output A Sign Of The Times

Exxon’s Declining Output A Sign Of The Times

Tillerson and Putin at a signing ceremony in June. (Image credit: AFP/Getty Images via @daylife) In a sign of challenges ahead for the world’s biggest oil companies, ExxonMobil today announced a 7.5% decline in...

After A Decade of Debacles, Auto Parts Supplier Dana Is Back In Gear

After A Decade of Debacles, Auto Parts Supplier Dana Is Back In Gear

Dana Holding CEO Roger Wood Roger Wood looked at Dana Holding and saw possibilities. In the past decade the storied Maumee, Ohio auto parts maker had survived a misguided acquisition binge, a hostile takeover...

Google unveils new Nexus tablets and phone

Google unveils new Nexus tablets and phone

It’s gadget season, and Google wants in on all the fun that Microsoft and Apple have been having. Google (GOOG, Fortune 500) unveiled a new “Nexus” phone, tablet and Android operating system on Monday. Its goal is...

The Tricks and Treats in the Business of Halloween Pop-Up Shops

The Tricks and Treats in the Business of Halloween Pop-Up Shops

Halloween is just around the corner but the shops peddling costumes, makeup, fake tombstones and all manner of cobwebs, skulls and life-size plastic ghouls have been doing a brisk business all month. Specialty stores...

Stocks: Investors take a breather

Stocks: Investors take a breather

U.S. stock futureswere little changed Wednesday, as investors took in mixed economic data from China and Europe ahead of more corporate results. Asian markets ended mixed after a report showed China’s manufacturing sector hit...

25 Years Later: In the Crash of 1987, the Seeds of the Great Recession

25 Years Later: In the Crash of 1987, the Seeds of the Great Recession

“History doesn’t repeat itself, but it does rhyme.” This quote, often attributed to Mark Twain, resonates with us for its pithy description of an irony we encounter everyday: In a world marked by rapid...

How Wall Street Rigs the Game

How Wall Street Rigs the Game

If you had watched the recent presidential debates or the Republican and Democratic conventions, you might have gotten the impression that the practices of Wall Street that led to the worst financial crisis since...

How many iPads did Apple sell last quarter?

How many iPads did Apple sell last quarter?

The forecasts range from 14.8 million to 23 million. The median estimate was 18 million. FORTUNE — Talk about an expectations gap! You could drive a truckload of Android tablets through the high and...

Is The SEC’s Ponzi Crusade Enabling Companies To Cook The Books, Enron-Style?

Is The SEC’s Ponzi Crusade Enabling Companies To Cook The Books, Enron-Style?

Enron. Qwest. Adelphia. Sunbeam. WorldCom.HealthSouth. A decade ago investors knew what those companies had in common: top executives who cooked the books. After their phony accounting was exposed, most went to jail–and hundreds of...