Articles

The iPad is shaping up to be a colossal failure.

Verizon Communications is taking an unusual step: it's listing it's shares on the NASDAQ in addition to the current listing on the NYSE. Companies with too much cash are often prone to such folly.

The post-mortem of the bankruptcy of Lehman Brothers has revealed some shocking information related to accounting gimmickry that saw executives at other firms (such as Enron and WorldCom) engaging in similar practices sent to jail.

Congressman Darrell Issa becomes the first person in government to cast doubt on Sikes.

California faces a financial crisis of epic proportions. The State now seems likely to elect a governor who make the worst acquisition in financial history, making the Arnold Schwarzenegger election look rational.

From 1983 to 2008 Klarman's hedge fund, the Baupost Group, returned 16.5% a year, outperforming the S&P 500 by more than 6% a year. In the 10 years ending December 31, 2008, he beat the market by an impressive 14.5% a year. Here are his lessons for investors from the crisis of 2008.

Forbes came out with their rankings of the richest people in the world. Mexican magnate Carlos Slim took the top spot, the first time since 1994 that either Bill Gates or Warren Buffet didn't top the list.

Barclays Bank, the second largest bank in the United Kingdom, is apparently looking to buy a large US retail bank. Is your bank up for sale?

The latest California driver to loose control of his Prius seems just a little too media savvy and attention hungry.

By publicly revealing that they sent requests to a bunch of hedge funds to keep trading records related to the Euro currency, the U.S. government is in effect telling hedge funds not to profit from any overvalued situations, such as the Greek debt

The Board of Directors of Goldman Sachs has rejected demands made by a group of shareholders to overhaul the way it pays it's executives and employees. A lawsuit has also been filed.