DAVOS, SWITZERLAND — When a few thousand of the world’s leaders in business, politics, culture and social action gather in the shadow of the Magic Mountain, you get a bird’s-eye view of how we interpret and deal with contemporary life. For many of us, that life can seem extraordinarily accelerated. ...
Facebook CEO Mark Zuckerberg could be worth $20 billion if current estimates hold true. Facebook is poised to file papers as early as next week for an initial public offering that could be one of the biggest in history, creating hundreds if not thousands of instant millionaires, The Wall Street ...
By John W. Schoen, Senior Producer The U.S. economy perked up late last year as hiring acceleratedand factories ramped up production.Unfortunately, a lot of what those factories made is still sitting in warehouses and on store shelves. That doesn’t bode well for growth in the coming months. At first blush, ...
Roxann & Ed Parker, 59 and 63, O’Fallon, Mo. Retired. (MONEY Magazine) — We spoke to five families who face challenges that could keep them from meeting their financial goals. With a few tweaks to their game plan, they can get back on course. Here, the Parkers’ story — and ...
Social media used: Twitter, LinkedIn, Facebook, YouTube, Flickr, MySpace, RenRen, TripAdvisor, internal and external blog The longtime face of Marriott International, Bill Marriott, has operated a blog since 2007, and the company uses mainstream social media such as Facebook and Twitter extensively — Marriott says it leads the hospitality industry ...
GRANTHAM, England — It is a poignant story, and the sparse audiences at the Reel Cinema, a few blocks from the handsome 18th-century facades of the town center, tell it as well as anything else. Only on afternoons when the cinema offers retirees half-price tickets has there been much of ...
“These spammers exploit the fact that social media engages us in an exciting new way,”McKenna said at a news conference at Facebook’s Seattle office. “Social media revolves around trust. The reason we like it is that we count on our friends to recommend news stories, books, television shows and movies ...
According to preliminary calculations, the Dow Jones industrial average fell 22.33 points, or 0.18 percent, to 12,734.63. The Standard & Poor’s 500 Index dropped 7.61 points, or 0.57 percent, to 1,318.45. The Nasdaq Composite Index lost 13.03 points, or 0.46 percent, to 2,805.28. Caterpillar Inc kept the Dow in positive ...
The average foreclosed home sold during the quarter took 193 days to sell. That was up from 172 days in the previous quarter and 161 days in the third quarter of 2010. NEW YORK (CNNMoney) — Sales of homes in foreclosure comprised 20% of all U.S.
NEW YORK (CNNMoney) — Netflix said Wednesday it began to add customers again last quarter, after a series of blunders damaged its sterling reputation with consumers and investors. The streaming video and DVD-by-mail company said it gained a net 610,000 U.S. customers in the fourth quarter of 2011, including 220,000 ...
PARIS — The founder of a French company that made hundreds of thousands of breast implants from industrial-grade silicon, causing anxiety among women around the world, was arrested early on Thursday in southern France, the authorities said. Jean-Claude Mas was arrested in a dawn raid on the home of his ...
President Barack Obama gives his State of the Union address on Capitol Hill in Washington Tuesday. President Obama decried the outsourcing of jobs to foreign lands in the State of the Union last night while Steve Jobs’ widow looked on.
LOS ANGELES — Netflix Inc’s fourth-quarter revenue outpaced Wall Street’s expectations as the video rental website reversed subscriber losses to sign up more than 600,000 new U.S. customers in the period, pushing its shares up 13 percent. Netflix, which revolutionized the home video industry but in 2011 outraged customers with ...
When Wegmans Food Markets has to eliminate a position, they make sure they find the displaced employee another job that they will be passionate about within the company. When their Britton Rd. store in Rochester, N.Y. closed last summer, they offered all of the store’s employees a job at another ...
Gordon Welters for The New York Times Germans gathered in Potsdam on Tuesday to mark the 300th birthday of Frederick the Great, a Prussian king who many say embodied values respected in today’s Germany.
America’s public school teachers are seeing their generations-old tenure protections weakened as states seek flexibility to fire teachers who aren’t performing. A few states have essentially nullified tenure protections altogether, according to an analysis being released Wednesday by the National Council on Teacher Quality. The changes are occurring as states ...
A slew of corporate captains have joined one of the most exclusive clubs in corporate America: Call them the $50 million men. A combination of bonuses, retention packages and other perks pushed several CEOs above the $50 million mark for compensation in 2011, according to an analysis of Securities and Exchange filings published by USA Today Tuesday. ...
