Yesterday, the Senate voted to proceed with the nomination of Richard Cordray to direct the Consumer Financial Protection Bureau (CFPB), then approved him later in the day on a 66-34 vote. The move has the potential to benefit everybody with a mortgage, credit card or private student loan. In other words: you.
Go for Broker: How to Sell Your Business for More Money
When it’s time to sell your business, a savvy broker can get you the best deal. Here’s what you need to know.
Oregon’s ‘Pay It Forward’ Program: Imagine College with No Tuition, No Loans, No Debt
In Oregon, a proposed pilot program would allow students to attend state college tuition-free. The catch? Instead of taking out loans and piling up debt, students agree to pay the state back a small portion of their income over the course of a couple decades.
Microsoft’s New Mission: To Create Real Teamwork, Not Just Teams
Microsoft co-founder Bill Gates was once asked what management writers he paid attention to. “Well, Drucker of course,” he replied.
In light of the technology giant’s latest big news, I’d suggest that his successor as CEO, Steve Ballmer, quickly do the same.
Solidly profitable but lagging badly in two key …
Aereo Spat Could Prompt Fox Supreme Court Challenge
A New York federal appeals court has denied a bid by the major TV broadcasters to shut down New York-based tech startup Aereo, which picks up free, over-the-air TV signals and streams them onto the Internet
‘Premium’ Hot Pockets? Nestle Lures Foodies Into the Frozen Food Aisle
Can frozen, microwavable, handheld sandwich-like pastries — the kind long associated with the late-night snacking habits of lazy college students — be effectively marketed to grown-ups with grown-up tastes?
Nestle believes …
Gordon Gekko Lives: New Evidence That Greed Is Rampant on Wall Street
One in four bankers would cheat to make $10 million. This is one of many unsettling findings in a new survey of Wall Streeters. As always, you’re on your own out there.
How to Make a Buck in America
General David Petraeus agreed to teach a college course Monday for one dollar. See which other big-money employees are accepting pocket change for their work
Regulatory Rumpus: The Battle Over Reinstating Glass-Steagall
Among the small number of Americans who are passionate about financial regulation, no topic raises hackles more than the so-called Glass-Steagall act. It is “so-called” because when you hear the term “Glass-Steagall” the speaker is most certainly referring to four provisions from the Banking Act of 1933, which was sponsored by Senators
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Angered By Zimmerman Verdict, Some Call for a Boycott of Florida Businesses
The acquittal of George Zimmerman in the 2012 killing of 17-year-old Trayvon Martin kicked off protests around the country, as well as calls for a boycott of Florida—where the trial took place, and where a controversial “Stand Your Ground” law still exists.
Radiohead’s Thom Yorke Leaves Spotify. Will Others Follow?
The fast-growing music-streaming service Spotify received a very public put-down on Sunday when singer Thom Yorke and producer Nigel Godrich, members of the band Atoms for Peace, announced via Twitter that their music would be
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Yahoo CEO Marissa Mayer’s One-Year Report Card: The Clock Is Ticking
It’s been one year since Marissa Mayer assumed command of Yahoo, and there’s no doubt that she’s injected new energy into the purple-hued Internet pioneer. Mayer has revamped many of Yahoo’s core products, like Flickr, embarked …