Goldman Sachs, the most powerful investment bank on Wall Street, is getting into the social media game. In a job posting on the company website, the bank said the ideal candidate will be responsible for “monitoring online …
Six weeks ago, a young, Stanford-educated Goldman Sachs employee named Greg Smith wrote a scathing op-ed in The New York Times decrying his firm’s “toxic culture” — and then promptly disappeared from sight. The New York Post soon reported that he’d parleyed his poison-pen into a $1.5 million book deal with a top Manhattan-based …
The New York Times is out with the latest installment of its iEconomy series, which focuses on Apple, the world’s most profitable company. The article details the elaborate — and legal — ways that Apple, and other tech …
The lackluster U.S. economic recovery has fueled an unusually public argument between two of the most prominent economists in the country: Nobel prize-winning New York Times columnist Paul Krugman has accused Fed Chairman Ben …
The disappointing economic growth figures released Friday by the federal government have raised the possibility that the U.S. recovery might be stalling — just when it appeared poised to achieve “escape velocity,” in which gains …
News Corp. CEO Rupert Murdoch’s testimony this week before the Leveson inquiry — the U.K. parliamentary panel officially charged with investigating phone hacking and police corruption — has had many of the hallmarks of an …
Goldman Sachs CEO Lloyd Blankfein has launched a complete image makeover, according to Fox Business Network. Appearing in shirt-sleeves Wednesday on CNBC and Bloomberg TV, Blankfein didn’t swear to do “God’s work” — as he has in …
Apple is building one of the most stunning financial runs in the history of corporate America, as Tuesday’s blowout showing affirmed. The company says it’s sold over 365 million digital devices over the last five years — 50 …
So much for those Apple jitters. The Cupertino, Calif. cash machine blew past Wall Street estimates Tuesday, reporting yet another monster quarter of financial results. The company’s stock soared nearly 7% after-hours, adding $1 …
The Justice Department is investigating Walmart, the world’s largest retailer, over allegations that its Mexican subsidiary engaged in a systematic practice of bribing government officials to obtain building permits. The feds …
As a purely financial matter, Netflix’s quarterly report should not have precipitated the absolute shellacking that the company’s stock suffered after-hours Monday, wiping out about $1 billion in shareholder equity. The company’s …
With its planned initial public offering just weeks away, social networking juggernaut Facebook reported that its first-quarter profit fell 12% thanks to a dramatic increase in the company’s expenses as it continues its torrid …
