Five months after going public in one of the most controversial IPOs in U.S. history, social networking titan Facebook …
earnings
Intel, IBM Earnings Spook Wall Street, Stoke Tech Sector Fears
Lackluster earnings reports from Intel and IBM underscore global economic weakness and highlight sluggish demand for PCs and enterprise technology.
Apple Earnings Miss Wall Street Target as Buyers Wait for New iPhone
Economic weakness in Europe hurts Apple’s quarterly results, but the main issue was consumers holding out for the new iPhone
Intel’s Earnings Warning is an Ominous Sign for the Tech Sector
Tech stalwarts like Apple, Google, IBM, Intel, and Microsoft have been powering through the recession. If these companies falter, the U.S. is in trouble.
Apple Profit Soars 94%, Stock Up 7%
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 …
Why $50,000 May Be the (New) Happiness Tipping Point
A landmark 2010 Princeton University study showed that money really can buy happiness — up to a very specific point. The researchers (including Nobelist Daniel Kahneman) found that up to about $75,000, annual income closely …
Google Founders Exert Control Via Stock Plan as Profit Soars 61%
In a maneuver designed to cement their control, Google’s founders announced an unusual stock plan that will maintain their grip on the search giant well into the future. Wall Street greeted the proposal — company shares rose …
Google Shares Plunge 9% After Results Disappoint Wall Street
Internet search titan Google startled Wall Street with weaker-than-expected fourth-quarter earnings results, sending the company’s shares down as much as 9% after the numbers were released. The results were driven primarily by an …
Reindeer Handlers, Unite Against Low Pay
As a journalist, I know from retarded press releases. As a workplace correspondent, though, I’m usually spared the worst of the worst: most of the pitches I get involve employment studies and management books and companies that …