Wall Street & Markets

+Apple | 3 days ago

Apple CEO Cook Gives Up $75M in Stock Dividends

NEW YORK — Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.

In a filing with the Securities and Exchange Commission on Thursday, Apple Inc. said that Cook requested that his restricted stock units not receive dividends. The dividends that Apple workers are getting amount to $2.65 per quarter for each restricted stock unit held. The shares are not normally eligible to receive dividends, so Apple’s decision is a perk for its employees.

+Investing | 4 days ago

Has Facebook Jinxed the IPO Market for Everyone?

By David Futrelle

Facebook’s post-IPO meltdown has certainly been bad news for investors who got into the stock at its initial price — or higher. Is it also bad news for the IPO market as a whole?

+Economy | 5 days ago

Which Advanced Economy Has the Most Debt?

By Christopher Matthews

The global economy is straining under the weight of more than just public sector debt. In the developed world, consumers, financial institutions, and other corporations have each accumulated unprecedented levels of debt — and how that total debt is managed will ultimately determine the economic fate of the global economy going forward.

+5 days ago

Facebook IPO Furor: Feds Probing Deal Over Insider Bank Warnings

By Sam Gustin

Facebook’s Wall Street investment banks warned top clients of new doubts about the social network’s financial prospects just days before the company’s IPO, according to a series of reports that emerged Tuesday.

+6 days ago

Stocks Rally Further in Run-up to EU Summit

By Associated Press

MOSCOW — Global stocks enjoyed one of their best days in weeks on Tuesday ahead of a summit of European leaders that’s expected to be dominated by calls to boost economic growth. Europe remains the focus of attention across all financial markets in the run-up to the June 17 Greek election that could go a [...]

+Facebook | 6 days ago

Facebook IPO Fallout: Four Lessons from a Rocky Public Debut

By Sam Gustin

Although the Facebook IPO was a big success for Facebook and its early investors and insiders — who sold $9 billion worth of shares they’d acquired at lower prices — the offering was a disappointment for many investors who clambered to get a piece of the most-hyped IPO in nearly a decade.

+Economy & Policy | 6 days ago

Euro Crisis: Why a Greek Exit Could Be Much Worse than Expected

By Michael Sivy

Angelos Tzortzinis / Bloomberg / Getty Images

More than one kind of damaging domino effect is possible if Greece is forced to abandon the euro

Market Breaks Losing Streak, With China’s Help

By CHRISTINA REXRODE / AP

(NEW YORK) — Forget Facebook. This is still Apple‘s stock market. Apple — the world’s most valuable company — climbed nearly 6 percent on Monday, helping propel major U.S. stock indexes to gains after a week of losses. The Standard & Poor’s 500, where Apple accounts for 4 percent of the index, enjoyed its best [...]

+Europe | 7 days ago

Europe Stocks Up After G8 Vague on Europe Fix

By Associated Press

MOSCOW (AP) — European stocks inched up Monday morning in spite of investors’ lingering concerns that the G-8 leaders had failed to provide a concrete plan to solve the European debt crisis. Traders both in Europe and Asia were kept on edge by worries about the economic future of Greece and whether it would exit [...]

+Wealth | 10 days ago

Was Nick Hanauer’s TED Talk on Income Inequality Too Rich for Rich People?

By David Futrelle

Multi-millionaire Nick Hanauer delivers a speech at TED Talks.

Their slogan is “ideas worth spreading.” But the folks at TED – the Technology Entertainment and Design nonprofit behind the TED Talks, beloved by geeks and others interested in novel new ideas – evidently think that some ideas are better left unspread. At least when the ideas in question challenge the conventional wisdom that rich [...]