Popular Business-finance Stories

Should the Bush Tax Cuts Be Extended for America's Wealthy?
A divide may be opening between Obama and allies in Congress about whether to extend the Bush tax cuts for the wealthy. Will that help the economy?
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BP boss, Tony Haywood expected to resign on Monday
BP's chief executive Tony Hayward has been negotiating his exit from the company, the BBC has learnt.
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Porsches, Pot and Cocaine = Idea for Family Business
Michael Bay would be proud: U.S. Immigration investigates a used car dealership suspected of trafficking weed and coke in the trunk's of Porsches and Mercedes.
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Does Unemployment Insurance Encourage Laziness?
While on the surface unemployment seems like a perfectly reasonable expense for the country, at its core it fails in the same way that most welfare systems do. The bureaucrats who run these organizations have no method of policing their systems, leading to rampant abuse.
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BP to Sell Assets to Pay for Oil Spill
British energy giant on Tuesday announced plans to sell assets worth about $1.7 billion as it seeks to build up cash to pay for the worst oil spill in U.S. history.
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Coca-Cola accused of using porn to target children
Coca-Cola has been forced to pull an internet campaign after parents accused the company of using hardcore pornographic references to target children on Facebook.
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The Banks' Contribution To The Economy Has Been Overstated
Analysing the recent performance of the banking industry, Mr Haldane, the executive director for financial stability at the Bank of England, concludes that it has been as much mirage as miracle.
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The Big 401(k) Rip-Off May Be Ending
The end may be in sight for a common investment industry practice that robs millions of 401(k) plan participants of higher returns by choosing funds with expense ratios that are some 40% greater.
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What Will Wall Street Reform Mean for You?
Three Republican Senators joined 57 Democrats Thursday to get the necessary votes to pass the financial reform bill, soon to be known as the Dodd-Frank Act (in honor of its two originating supporters). It is now headed to President Obama for his signature.
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