Category: Business News

First There Was IQ. Then EQ. But Does CQ — Creative Intelligence — Matter Most?

First There Was IQ. Then EQ. But Does CQ — Creative Intelligence — Matter Most?

In his new book Creative Intelligence, Bruce Nussbaum argues that creativity is an undervalued skill that anyone can cultivate. Not just for artists and musicians, he argues, creative intelligence — or CQ for short...

Will Reform of Fannie and Freddie Kill the 30-Year Mortgage?

Will Reform of Fannie and Freddie Kill the 30-Year Mortgage?

The sequester is all anybody wants to talk about. I get it: It’s the hip new crisis sweeping Washington. But remember Fannie Mae and Freddie Mac? You know, the once quasi-independent housing giants whose...

Ernst & Young Pays $123 Million, Avoids Tax Shelter Prosecution

Ernst & Young Pays $123 Million, Avoids Tax Shelter Prosecution

US Attorney for the Southern District of New York Preet Bharara (Image credit: AFP/Getty Images via @daylife) In a deal with the government signed this week, accounting firm Ernst & Young agreed to pay...

Help Wanted: Buffett Asks A Berkshire Bear To Grill Him At Annual Meeting

Help Wanted: Buffett Asks A Berkshire Bear To Grill Him At Annual Meeting

(AP Photo/Nati Harnik) Warren Buffett is throwing a new wrinkle into Berkshire Hathaway‘s annual meeting. After adding journalists and analysts to question him and Vice Chairman Charlie Munger in recent years, the billionaire now...

Watch Ads, Get Paid: Is This The Future Of Ad-Supported Content?

Watch Ads, Get Paid: Is This The Future Of Ad-Supported Content?

Don’t feel like paying for Ironman? Click “Earned Pay” and your ad views will foot the bill. Right now you’re essentially getting paid to view our ads. OK…we’re getting paid. But by serving you...

Revenue Up, Piracy Down: Has the Music Industry Finally Turned a Corner?

Revenue Up, Piracy Down: Has the Music Industry Finally Turned a Corner?

Fourteen years after Napster upended the music industry’s financial model, it may finally be time for record labels to start singing a happier tune. Sales are up, piracy is down, and new revenue streams...

Lawsuit Says Anheuser-Busch Beers Are Even More Watered Down Than You Think

Lawsuit Says Anheuser-Busch Beers Are Even More Watered Down Than You Think

Have Budweiser drinkers been getting less buzzed? Former employees at Anheuser-Busch breweries say that they routinely watered down popular beers such as Budweiser, Michelob, Natural Ice, and Bud Light Platinum. Class-action lawsuits have been...

US Pending Home Sales Rise to Highest Since 2010

US Pending Home Sales Rise to Highest Since 2010

A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level in more than 2 ½ years. The increase suggests sales of previously...

Macy’s CEO: ‘Shocked … Sick to My Stomach’ After Betrayal by Former ‘Friend’ Martha Stewart

Macy’s CEO: ‘Shocked … Sick to My Stomach’ After Betrayal by Former ‘Friend’ Martha Stewart

You’d think that a contract dispute over department store merchandise exclusivity would be a “strictly business” type of affair. But the Macy’s-JCPenney-Martha Stewart squabble has quickly gotten personal, even reminiscent of high school—with accusations...