Euro Sags and Markets Turn Lower
Stock prices tumbled on Thursday, with most of the declines coming late in the day, led by a drop in banking and technology shares.
View ArticleShould Entrepreneurs Look Abroad for the Big Deal?
Given that Cisco Systems, Microsoft and Google have tens of billions of dollars trapped outside the United States, young techies should consider basing or at least incorporating their new technology...
View ArticleHopeful Outlook on Jobs Gives the Market a Lift
Stocks rose on Thursday as speculation that a jobs report on Friday would bolster optimism in the economy overshadowed concern about slowing growth in China, Bloomberg News reported.
View ArticleMedvedev to Tour Silicon Valley
Russia's Dmitry Medvedev visits Silicon Valley for the first time on Wednesday, eager to reinvent his country's outmoded, oil-dependent economy -- and lure talent and money from the high-tech capital,...
View ArticleMarkets Finish Flat After Fed’s Report
Major indexes ended largely unchanged Wednesday as investors took note of a report that the economic recovery was likely to be slower than expected.
View ArticleMotorola’s Path to Breakup
Motorola is getting closer to splitting itself up, with the announcement of a deal to sell its Networks division to Nokia Siemens Networks. Next year, the remainder of Motorola is splitting into two...
View ArticleA Third Down Day on Wall Street
A decline in technology shares and weak jobs data sent Wall Street indexes down on Thursday, as traders were confronted with more signs that the global economy was slowing.
View ArticleSkype Picks New C.E.O. Ahead of I.P.O.
Skype, the popular Internet video and phone service, has hired a top official at Cisco Systems as its new chief executive.
View ArticleUnder Silver Lake, Skype Confirms New Chief
Skype confirmed Monday that it has hired a top official at the networking giant Cisco Systems as its chief executive, as its new owners, Silver Lake Partners, continue to put their stamp on the...
View ArticleU.S. Companies Hoarding Almost $1 Trillion in Cash
U.S. companies are hoarding almost $1 trillion in cash, which they are more likely to spend on on share repurchases and mergers and acquisitions a the economy stabilizes, rather than expanding their...
View ArticleIn a Seating Chart, Silicon Valley’s Pecking Order
Who sat where when President Obama came to visit.
View ArticleAt Miami Beach Hotel, Galleon Tips and Trading
Anil Kumar says he and Raj Rajaratnam lounged on deck chairs in Miami Beach together, enjoying the high life -- and swapping illegal stock tips.
View ArticleThe Newest Wiretaps in the Galleon Investigation
The recorded conversations between two former Galleon Group employees show that prosecutors have continued to use cooperating witnesses and wiretaps to investigate traders in Raj Rajaratnam's orbit.
View ArticleCisco Shutters Flip, Two Years After Acquisition
Cisco Systems -- which heralded the $590 million purchase of Pure Digital Technologies two years ago -- is now closing the group.
View ArticleTax Policy Change Would Bring Cash Piles Abroad Back Home
JPMorgan Chase estimated that 519 American multinational corporations had $1.37 trillion outside the United States. The Deal Professor offers a way to repatriate some of that money.
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