Category: Business News

5 silver linings in Egypt’s turmoil

5 silver linings in Egypt’s turmoil

November 27, 2012: 9:20 AM ET   Egypt’s political and economic future is challenging, and for understandable reasons. But it is too early to give up on the country. By Mohamed A. El-Erian Egypt...

Debunking private equity’s debt ‘problem’

Debunking private equity’s debt ‘problem’

By Dan PrimackNovember 27, 2012: 1:00 PM ET   Study argues that debt doesn’t destroy private equity-backed companies. FORTUNE — Private equity has a reputation for bankrupting companies, by using copious amounts of debt...

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...

How Facebook and Twitter changed disaster relief

How Facebook and Twitter changed disaster relief

Thanks to social networks, grassroots relief efforts scaled quickly and efficiently in Sandy’s aftermath, giving them a bigger presence in many places than even the established aid agencies. FORTUNE — Here’s to Andy Wandilak,...

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,...

Cyber Monday starts early this year

Cyber Monday starts early this year

Post-Thanksgiving online discounts were once relegated to Cyber Monday — but these days, websites are launching deals even before Black Friday. And the resulting shopping frenzy is expected to set records. IBM Benchmark reported...

Unemployment Falls in 75% of U.S. States

Unemployment Falls in 75% of U.S. States

An increase in hiring helped lower unemployment rates in 37 U.S. states last month, the latest indication that the job market is slowly healing. Unemployment rates are now below 7 percent in 23 of...

Stocks Soar on Black Friday; Tech Leads the Way

Stocks Soar on Black Friday; Tech Leads the Way

The stock market enjoyed some Black Friday cheer, rising sharply as shoppers braved the annual post-Thanksgiving rush. Major stock indexes closed one of their best weeks of the year. Traders were encouraged by positive...

Insider-Trading Scandal: Are the Feds Closing In on Billionaire Hedge-Fund Mogul Steven Cohen?

Insider-Trading Scandal: Are the Feds Closing In on Billionaire Hedge-Fund Mogul Steven Cohen?

Billionaire hedge-fund titan Steven A. Cohen, one of the most high-profile and controversial Wall Street figures of the past decade, has been implicated in what federal officials are calling “the largest insider-trading case ever...