Category Archive for: ‘Money’

Dimon’s Bonus Cut By 53%

JP Morgan Chase has cut CEO Jamie Dimon’s bonus by 53%, essentially due to the fallout from the London Whale trading losses. Dimon will st…→ Continue Reading

More Flu Equals More Profit for Health-Care Companies

Info from the Centers for Disease Control suggests this winter will be the worst cold and flu season in the …

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Wendy’s Franchise Plans To Cut Employees’ Hours To Avoid ObamaCare

The owner of an Omaha, Neb. Wendy’s franchise has announced plans to cut 300 employees’ hours to part-time in order …

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Eddie Lampert Named New CEO Of Sears

Controversial financier Eddie Lampert will step in as CEO of Sears Holdings effective Feb. 2, taking over for Louis D’Ambrosio …

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Obama Signs Fiscal Cliff Bill Into Law… But Just What Did We Get?

U.S. fiscal history was made Wednesday night, as President Obama signed into law the bill to avert the fiscal cliff. …

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Windows 8 Fails To Impress PC Buyers

In the past, the launch of a new Windows operating system most certainly accompanied a strong surge in PC sales …

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Herbalife Says It’s Not a ‘Pyramid Scheme;’ Claims Hit Stock Hard

Bill Ackman, the hedge fund manager known for taking strong positions in hopes of pushing for management changes, took on …

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Clearwire Board Accepts Sprints Offer To Buy For $2.2 Billion

The Clearwire Corp. board has approved the company’s purchase by Sprint Nextel Corp. for $2.2 billion. Sprint will acquire the …

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Fed President Warns of ‘Hotel California’ Scenario

Relax, said the night man We are programmed to receive. You can check out any time you like, But you …

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