Popular Business-finance Stories

Consequences: BP CEO should get no pay this year
BP Chief Executive Tony Hayward, whose infuriating comments about the Gulf oil spill have damaged the company's brand for years, should return at least part of the 4.01 million pounds ($5.92 million) in salary, cash bonus and share awards he received in 2009. He also should take no salary and bonus this year.
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6 Reasons Why People Are Afraid to Start a Business
Starting a new business can be a turbulent undertaking. For one thing, there are no guarantees of success. Businesses fail every single day, and plenty of entrepreneurs come away with nothing to show for months or years of hard-fought effort. The idea of sacrificing a steady salary for an uncertain, hoped-for payday also tends to provoke anxiety.
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Gothamist Founder May Have Tweeted His Way Out Of $5 Million
After Dobkin called his advertisers at the NY Times a journalistic blowjob artist, Cablevision realized it was about to hire a blog overlord who was willing to bite the hand that fed him, and backed out.
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The rise and fall of BP
As names go, the First Exploitation Company sounds like an inspired slight dreamed up by an angry anti-oil campaigner. In fact, it was the original title, coined in 1903, of the troubled company we now know as BP. But then, public relations have never been its strong point.
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Shutting The Doors: A Decade of Bank Failures view!
It’s no secret that the last few years have been brutal for the banking industry. But nothing paints a better picture of...
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Why talking to a real human will now cost you extra
More businesses are subtly discouraging calls to customer service agents by charging for the conversation, as well as directing people to automated phone systems. Banks, computer companies, travel agencies and satellite television and cable companies are adopting this practice.
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How Warehouse Clubs Trick You Into Overspending
These retailers are actually quite strategic about getting you to spend more
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Bank Of America Workers Across U.S. Sue For Overtime
Workers for Bank of America Corp, one of the nation's largest employers, have sued the company for allegedly failing to pay overtime and other wages.
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What Gold Really Is a Hedge Against: Instability
Lots of gold bugs burrow into the precious metal because it's thought to be the ultimate hedge against inflation. So why is famous deflationist David Rosenberg so bullish on gold? It's all about the integrity of the global financial system.
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$621 Million Fine May Keep Goldman Sachs Away From The Court
The Securities and Exchange Commission may let Goldman Sachs walk free by slapping it with a $621 million fine, according to bank analysts. On April 16, Goldman Sachs faced charges of fraud after the SEC found that its vice president, Fabrice Tourre, had tricked investors into buying mortgage assets that would go sour.
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