Latest US Business News
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Forbes Style File Archive
Forbes writers have the ability to call out member comments they find particularly interesting. Called-out comments are highlighted across the Forbes network. You'll be notified if your comment is called ...
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Billy Hunters Lawsuit Against Derek Fisher And The NBPA Could Be Worth Millions Of Dollars
Billy Hunter, former Executive Director of the National Basketball Players Association (R) has filed a lawsuit that includes Derek Fisher, President of the National Basketball Players Association, as a defendant. (Image credit: Getty Images via @daylife) The very first issue that National Basketball Players Association (NBPA) Interim Director Ron Klempner addressed on Saturday at the annual ...
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Jamie Dimon Under Pressure Ahead of Investor Vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. It's been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation in Washington and on Wall Street, and what a difference it has made. Shareholder groups ...
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Wanted By Thieves The Chopard 2013 Red Carpet Jewelry Collection
theft of some of its valuable jewels from a hotel room in Cannes hasn't stopped the luxury jeweler and watchmaker from continuing with its sponsorship of the ...
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The Silent Company Killer
Come from a place of 'Yes' Our manager had sloppily pasted our job description onto our reviews. That way, he could cross another item off his To-Do list. And we wouldn't hear about these goals again until next year. It was just more of the same for us. The next review wouldn't be treated seriously, no different than the others. But I knew how the game was played. When HR ...
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Retiring Boomers Sell Their Businesses
Baby boomers preparing for retirement are driving a surge in small business sales, as they find more and more buyers confident enough in the improving economy to expand their own businesses through ...
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Google Americas third political party
(Credit: James Martin/CNET) Congress is a dog that won't go for a walk. We can tug at its leash as hard as we want, but it sits in the middle of the sidewalk, barking a defiant "no." It's not a purposeful no. It's just a refusal for the sake of it, couched in principle. Then along comes America's most ambitious politician. No, it's not Paul Ryan or ...
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Just When You Thought You Knew Every Way Your Credit Report Could Be Used Against You.
Whether we are talking about mortgage loans, credit cards, auto or student loans, most people know that credit reports play an important role in our lives. And they, like you, understand that having poor credit can impede our efforts to gain financing at competitive rates and terms. However, as was recently pointed out by my friend John Ulzheimer who used to work at FICO, Equifax and ...
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Yahoo to buy Tumblr for $1.1 billion Report
On Sunday, the Wall Street Journal reported that the board had approved the deal. Yahoo is expected to hold an event in New York City on Monday to announce the news. A Yahoo spokeswoman wouldn't confirm the ...
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Twitter will damn your soul Saudi cleric says
(Credit: Twitter/YouTube Screenshot by Chris Matyszczyk/CNET) Life becomes more meaningful when someone from a long way away reflects your own thoughts. It makes you feel less alone, less forlorn on your island of one. I was, therefore, lifted to heights previously unimagined on hearing that the head of Saudi Arabia's religious police has declared that Twitter is an appalling waste ...
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General Motors shares above IPO price
Shares of General Motors reached an important milestone on Saturday, closing above their initial public offering price of US$33 for the first time in more than two years. GM shares reached US$33.77 before slipping back to close at US$33.42, up 3.2 per cent. The car giant sold shares to the public for US$33 in a November 2010 IPO, but they have traded below that price since May ...
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Chinas Alibaba Is Soaring But Avoid The IPO
Profits of Alibaba Group, the world's biggest online retailer, more than doubled in the three months ended in December, jumping to $642.2 million from $236.9 million a year ...
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ZenoRadio Is a Poor Mans Pandora
"We have an interesting platform that targets thousands of immigrants in the U.S.," said Baruch Herzfeld, ZenoRadio's founder. "ZenoRadio assigns U.S. phone numbers to popular ethnic radio stations from around the world. U.S. listeners do not need a smartphone to listen and the call is absolutely free." ...
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Cable Feels Heat as TV Migrates Online
It's a long time coming, but television content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable? For one, experts say, cable companies may finally be forced to kill their sacred cash cow: bundled channels. The battle lines are drawn. There's Aereo, which takes the old-fashioned TV signal from the air and delivers it ...
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U.S. stocks on a roll Yahoo Microsoft stoke appetite
) is holding an event in New York City on Monday evening, at which many are speculating the company could announce a deal with the social blogging platform Tumblr. Reports surfaced last week that Yahoo CEO Marissa Mayer is said to ...
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Yahoo board OKs $1.1B purchase of Tumblr report
Yahoo CEO Marissa Mayer is rumored to be planning a Monday announcement, possibly of Yahoo's purchase of Tumblr for a reported $1.1 ...
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Yahoo and AOL Back On Top Time To Party Like Its 1999
IPO and other major tech stocks. It is worth noting, of course, the source line for the chart: Yahoo! Finance. Possible self-interest in data reporting aside, it's clear that Yahoo!'s stock has posted the largest and most consistant growth compared not only to Facebook, but ...
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Obamas EPA Makes A Rad Decision
Gina McCarthy, President Barack Obama's nominee to head the EPA, was instrumental in the revision of the Protective Action Guide Manual for responding to radiological events. Photo credit: Mandel/Ngan/AFP Getty Images. The Obama Administration made a bold and correct scientific decision last month to allow risk-based decisions to guide responses to radiological events like a dirty bomb ...
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Marketplace Fairness Act Burdens Businesses with State Compliance Audits
Marketplace Fairness Act (MFA) to force companies in other states to collect the tax. Few individuals comply with the use tax, and where everyone is guilty, no one is guilty. The government does not have our interests at heart in the changes proposed in the MFA. Government has its own interests at heart. And the government's interests are to use private individuals subordinate to state ...
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BioShock Infinite Gets a Steep Discount Today Only
Deal of the Day toda y, allowing players who balked at the game's $60 price tag a chance to see what all the fuss was about. Console copies for PS3 and the Xbox 360 are on sale for $39.99, which a PC box copy or digital download is only $34.99. Keep in mind, this sale is for today only, so you might want to act fast. Is it worth it? Well, I heartily endorsed the rather brilliant game as a ...
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Why the Fed May Taper QE3 Early
Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, ...
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Dimon making case to keep both J.P. Morgan jobs
Jamie Dimon faces another attempt at Tuesday's shareholder meeting to split his duties as chairman and chief executive of J.P. Morgan Chase & ...
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Digital Health For Dummies
A day doesn't go by when I'm asked about digital health. What surprises me most about the perceptions around digital health are the misperceptions. From sophisticated marketers to to the average joe on the street, people just don't get it. And that's not really their fault. The voices of digital health MUST communicated the promise in a way that is relevant and convincing to ...
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Ted Nelson Says That Bitcons Satoshi Nakamoto Is Shinichi Mochizuki
The computer visionary claims to have worked out who is the real person behind the pseudonym of Satoshi Nakamoto. Nakamoto of course being the name behind the original plans and code for Bitcoin. It's an, umm, how to put this politely, an ambitious claim to be sure. For Nelson doesn't actually provide any evidence: only says that it could be true. And it's something of a leap to ...
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Chinese Fall For Over-The-Top American Weddings
Two things can be said about the wealthy Chinese these days. It seems they no longer know what to do with their money. If they're not buying up empty apartment buildings, they're buying Ferrettis and dining with the Prince of Monaco. Another thing...they are in love with U.S. brands and Made for TV U.S. lifestyles. If they're not buying up LA and Orange County Barbie Dream ...










