Finance

Problems At GM May Just Be The Tip Of The Iceberg

Fortune - April 23, 2014

Ammann may be singing a different tune in 10 days or so when GM (GM, Fortune 500) reports April sales results. Its performance so far in 2014 has been shaky, with market share seven-tenths of a point below 2013 and overall... Read »

Citigroup CEO: Others Will Face Discipline On Mexico Fraud

Bloomberg - April 23, 2014

Citigroup Inc. Chief Executive Officer Michael Corbat said he expects others to be disciplined after the bank fired an employee linked to a suspected $400 million fraud at the company’s Mexico unit. “One person has... Read »

Richard Branson Wants A Transparent Cryptocurrency

Bitcoin Magazine - April 22, 2014

Sir Richard Branson, whose Virgin Galactic airlines was the first to accept bitcoins for space flight, recently described bitcoin as “the pioneer of a global currency” in an interview in the April issue of Delta’s SKY... Read »

Netflix Speaks Out Against Comcast Merger

NYT - April 22, 2014

Netflix on Monday voiced strong opposition to Comcast’s planned $45 billion takeover of Time Warner Cable, even while confirming that it was raising subscription prices. Read »

A Business Partnership Is Like A Marriage

Inc - April 22, 2014

You spend ample time dating before you get married, and you should treat your relationship with a potential business partner the same way. Entering into a business partnership is a serious commitment of time, money and... Read »

The Story Behind The ‘Geek’ CEO Of Bitcoin Exchange Mt. Gox

Business Insider - April 21, 2014

In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The... Read »

Amid Huge Losses, Square Could Sell Soon

Business Insider - April 21, 2014

Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter.... Read »

Microsoft Will Close Nokia Acquisition This Week

Gigaom - April 21, 2014

Microsoft and Nokia have jumped through of all the regulatory and financial hoops and ironed out all of the last-minute transactional details. On Friday, Microsoft will officially complete its acquisition of Nokia’s... Read »

5 Ways Women Entrepreneurs Can Wow Potential Investors

Fast Company - April 18, 2014

Women are making progress in the small-business world, but it could be better-and honing financing skills helps. Here are five tips on how they can increase their odds of getting funding: Read »

Neil Young’s Viral Kickstarter Campaign Has Generated $6.2M

Inc - April 18, 2014

Neil Young is on a mission to rescue the art of recorded sound, and thanks to his recent Kickstarter effort, he might pull it off. His widely publicized campaign for the Pono music player, a portable device that aims to... Read »

What Corporate Boards Can Learn From Delaware

Fortune - April 18, 2014

The role of the board is to manage and supervise the activities of the corporation for the benefit of the common stockholders. That is, the board is a "steward" of the common stockholder, which means (according to Delaware... Read »

The World’s 10 Most Innovative Companies In Finance

Fast Company - April 15, 2014

You'd think something as universal as money would be hassle-free to use. But with banks and card networks acting as invisible middlemen and imposing sizable exchange fees, some companies are creating radical new approaches... Read »

Twitter Co-Founders, CEO Have No Plans To Sell Shares

Forbes - April 14, 2014

Twitter’s IPO cemented co-founders Ev Williams and Jack Dorsey among the billionaire ranks, and boosted CEO Dick Costolo’s personal wealth — but none of them will be cashing out any time soon. In a new SEC filing on... Read »

How To Pitch Warren Buffett In 60 Seconds

Fortune - April 14, 2014

In front of a standing-room-only crowd at a Rice University auditorium Thursday night, business plan contestants set the scene: A would-be student entrepreneur walks into an elevator with Warren Buffett. They have 30 floors... Read »

Why Golden Parachutes Are Bad For Business

Fortune - April 14, 2014

Now that David Letterman is leaving his Late Show on CBS, his former protégé Craig Ferguson reportedly stands to make at least $8 million -- but not for replacing him, since Stephen Colbert has actually landed that gig.... Read »