New York – Susan G. Komen for the Cure abandoned plans Friday to eliminate funding for Planned Parenthood after a three-day furor that resounded across the Internet, in Congress and, perhaps most tellingly, among Komen affiliates. “We want to apologize to the American public for recent decisions that cast doubt ...
Man, the 80s haven’t aged very well. By Peter Hartlaub, msnbc.com contributor Spuds MacKenzie would be 25 years old this year. That’s 175 in dog years, but the blink of an eye for Anheuser-Busch InBev, which has kept the same go-for-broke Super Bowl advertising strategy since well before the original ...
A giant ‘like’ icon made popular by Facebook is seen at the company’s new headquarters in Menlo Park, Calif. Facebook was famously born in a Harvard dorm room, which might be why its much-hyped valuation of $75 billion to $100 billion seems to suffer from grade inflation.
$28 billion man? Facebook founder and CEO Mark Zuckerberg will see his salary cut to a nominal $1 a year at his request. Facebook said it will apply to have its shares listed with the symbol “FB,” suggesting it will be listed on the New York Stock Exchange, since Nasdaq ...
More than 40 years after the federal government enacted fair-housing legislation and the Great Migration of blacks from the South began to ebb, residential segregation in metropolitan America has been significantly curtailed, according to a study released Monday. The study of census data from thousands of neighborhoods by two economics ...
The Facebook logo is displayed outside of Facebook’s new headquarters in Menlo Park, Calif. The buzz over Facebook’s forthcoming IPO has been propelled at least in partby retail investors hoping for a piece of the social media giant’s predicted $75 billion to $100 billion valuation.
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 ...
“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 ...
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.
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. ...
Takeover talk, swirling around RIM for months, picked up steam as Heins took the helm at a once-dominant smartphone company that now struggles to compete. But RIM’s shares tumbled more than 8 percent as investors wondered whether Heins could reverse RIM’s decline. “I don’t think that there is some drastic ...
When Barack Obama joined Silicon Valley’s top luminaries for dinner in California last February, each guest was asked to come with a question for the president. But as Steven P. Jobs of Apple spoke, President Obama interrupted with an inquiry of his own: what would it take to ...
U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows. The firm, Covington ...
Plant City, Fla. – When a roadside bomb in Afghanistan shredded Marine Lance Cpl. Josh Wege’s legs in 2009, the former Wisconsin high school baseball star wondered if he would even survive – let alone walk, run or play ball again. But on a recent Saturday afternoon, a crowd at ...
Kodak invented digital photography, but was slow to recognize the shift away from film and even away from cameras. January has been quite a month for iconic brands going belly-up. First Hostess Brands, maker of that oblong, crème-filled snack cake emblazoned in many a childhood memory, filed for Chapter 11 ...
Eastman Kodak Co, which invented the handheld camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for what remains one of America’s best-known companies. The 130-year-old photographic film pioneer, which had tried to restructure to become ...
