Category: Business News

How Bad Mergers Are Killing Innovation

How Bad Mergers Are Killing Innovation

Wall Street’s disproportionate sway over the U.S. economy has caused big problems in recent years, from the subprime crisis to high-frequency-trading debacles (just look at the new research out from the CTFC showing how...

Billionaires’ Big Bonuses Ahead Of The Fiscal Cliff

Billionaires’ Big Bonuses Ahead Of The Fiscal Cliff

Las Vegas Sands’ chairman and CEO, Sheldon Adelson. As Congress stumbles toward the automatic tax increases and spending cuts that will be triggered on New Year’s Day, a record number of American companies have...

Billionaire KKR Co-Founder George Roberts Gives $50 Million To Claremont McKenna College

Billionaire KKR Co-Founder George Roberts Gives $50 Million To Claremont McKenna College

      Billionaire businessman and KKR co-founder George Roberts is making a headline-grabbing $50 million gift to alma mater Claremont McKenna College, the Southern California college announced Wednesday. The gift is unrestricted –meaning...

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....

How Congress Could Cut The Charitable Deduction Without Hurting Philanthropy

How Congress Could Cut The Charitable Deduction Without Hurting Philanthropy

Howard Gleckman, Contributor       Photo credit: Wikipedia If income tax deductions are capped or limited—ideas that often come up in the debate over both the fiscal cliff and long-run tax reform—the biggest losers...

Greece In Default Once Again On Troika-Imposed Bond Buyback, S&P Says

Greece In Default Once Again On Troika-Imposed Bond Buyback, S&P Says

      Greece is in default once again – Image credit: AFP via @daylife And so it happened.  Greece is once again in selective default, at least according to Standard & Poor’s.  The...

Corporate America Seeks to Elude the Taxman Through Special Dividends

Corporate America Seeks to Elude the Taxman Through Special Dividends

While the President and Congress have seemingly made little progress reaching a compromise that would help the country avoid the fiscal cliff, corporate America isn’t sitting idly by. Part of the fiscal cliff are...

Why Bravo’s ‘Start-Ups: Silicon Valley’ Is Bad for Entrepreneurship

Why Bravo’s ‘Start-Ups: Silicon Valley’ Is Bad for Entrepreneurship

There is probably nothing I can say about the Bravo reality TV show “Start-Ups: Silicon Valley” that hasn’t already been said by critics, tweeted by members of Silicon Valley’s technorati, or laughed at by...

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

Dollar Menu Double Down: McDonald’s Pumps Up $1 Selections

It was only in March that McDonald’s revamped its Dollar Menu, removing fries and drinks for a buck with the hopes of getting diners to drop more money on each visit. Now, amid struggling...

What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire

What News Corp.’s Breakup and the Demise of ‘The Daily’ Mean for the Future of Murdoch’s Media Empire

Billionaire mogul Rupert Murdoch‘s plan to split his giant media conglomerate News Corp. into two independent publicly traded companies began to take shape Monday, after the company announced a flurry of management and organizational...