State-based health insurance exchange for individuals and small businesses may not be ready for enrollment in October, a government report says. More...
When Marissa Mayer first became CEO of Yahoo, she got flak for telling Yahoo employees that they couldn't work from home. She wanted Yahoo workers in the office, seeing each other, and collaborating to help the tech dinosaur get its groove back. Those who weren't up for visiting the office on a regular basis got the boot. Now Yahoo is doing something similar to Yahoo users, telling those that haven't stopped by a Yahoo property in a year that they have to stop by within the next month or say farewell to their account. The company announced the "use it or lose it" policy on its official Tumblr last week where it was spotted by Mat Honan of Wired who called it "every bad idea Yahoo has ever had [multiplied] by 10x." More...
I was talking to a peer the other day who had recently left a job, moved across the country, and started a new career. Well-acquainted with Austrian economists, she used the phrase creative destruction in the course of our conversation about her massive transition. More...
When politicians talk about supporting small business, they usually refer to Joe the plumber, Mike the barber, or maybe even Barbaras flower shop. They understand that when most of us think about small business, most of us think about what I refer to as the Main Street type businesses around the corner. More...
(Kitco News)- Comex gold futures saw an initial moderately bearish price reaction to Wednesday afternoons highly anticipated Federal Reserve Open Market Committee (FOMC) statement and the ensuing press conference held by Fed Chairman Bernanke. Comex August gold last traded down $8.00 at $1,358.80 an ounce. Spot gold was last quoted down $8.00 at $1,360.75. July Comex silver last traded down $0.282 at $21.38 an ounce. More...
When it comes to well-being -- as measured by health, education and income -- the southern 'red states' continue to be in worse shape compared to their Yankee rivals, according to a study called the Measure of America, released Wednesday by the Brooklyn based-Social Science Research Council. More...
The Federal Reserve will maintain its pace of purchasing $85 billion in assets every month for the time being, according to the statement from the central bank's just-concluded two-day monetary policy meeting, but there is reason to believe the day when it starts to hit the brakes is drawing closer. More...
Business News & Financial News - The Wall Street Journal
Government officials have missed several deadlines to set up new health-insurance exchanges for small businesses and consumersa key part of the federal health overhaul, Congress's watchdog arm said.
More...
Some oil traders say they try to skew Platts oil-price benchmarks by offering to do small deals at a loss, with the goal of doing bigger ones at better prices.
More...
Swiss lawmakers nixed a proposal to let Swiss banks avoid the threat of prosecution in the U.S. by collectively coming clean about their dealings with suspected American tax evaders.
More...
A Milan court has convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. The court sentenced them both to one year and eight months in jail.
More...
Dish Network said it won't submit a new offer for Sprint Nextel by its Tuesday deadline, a move that appears to clear the way for the third largest U.S. wireless carrier to be bought by SoftBank of Japan.
More...
Four of the largest U.S. mortgage servicers failed to comply with parts of a $25 billion landmark national mortgage settlement, the watchdog overseeing the process said.
More...
A cash squeeze gripping China's financial markets is beginning to trickle into the broader economy, as bank executives warn of higher interest rates and more-cautious lending.
More...
Men's Wearhouse terminated its founder and public face, George Zimmer, from his position as executive chairman. A reason wasn't given, but Mr. Zimmer released a statement saying he was being silenced after expressing concerns about the company's direction.
More...
FedEx's earnings were weighed down by restructuring charges in the latest quarter, and the shipping company reined in expectations amid weakness in its international business.
More...
Shares of real-estate investment trusts have been hammered in the past month as interest rates have risen, but few have been hit as hard as companies that own properties leased to single tenants such as fast-food restaurants and convenience stores.
More...
