If you don’t follow tech news, you may have missed a bit of a kerfuffle this week involving Instagram, the popular photo service purchased by Facebook for $1 billion in April. Earlier in the week, Instagram announced plans to …
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LIBOR Scandal: Yep, It’s as Bad as We Thought
Two Rules for Keeping Employees Happy and Engaged
Every manager wants a team of dedicated employees. And yet, many bosses fail to do their part to make this happen. Here are two things you can do for your employees to earn their commitment:
- Put their needs before yours. Treat them justly and do what’s right for them and the organization, not just what works for you personally. Give
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Banking’s Really Bad Day
Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry. There was HSBC’s $1.9 billion settlement with the U.S. Justice Department over laundering money for Latin American drug cartels and helping countries like Iran, Cuba, Sudan, …
Can the Federal Government Really Deter Insider Trading?
It’s been two decades since Michael Milken, a.k.a. the junk-bond king, pleaded guilty to securities fraud following a blockbuster insider-trading investigation that shined a light on bad Wall Street behavior during the go-go …
Top Three Flawed Arguments of the Anti-College Crowd
The anti-college movement has been the subject of increasing media coverage over the past few years. Worry about rising debt loads, soaring default rates, and high unemployment rates among recent college grads — combined with the high-profile success stories of a few dropouts-turned-billionaires — has generated a cottage industry of …
Who’s to Blame for Hewlett-Packard’s Multi-Billion Dollar Autonomy Debacle?
The fallout from Hewlett-Packard’s purchase of software company Autonomy, which has turned into a multi-billion dollar debacle, keeps getting worse. Last week, after a several-months-long investigation, H.P. announced an $8.8 …
SAC Capital: Feds Are Probing Insider Trading Scandal
SAC Capital, the giant hedge fund run by billionaire Wall Street titan Steven A. Cohen, informed its clients on Wednesday that the firm is under investigation by the Securities and Exchange Commission, according to multiple …
Home Prices Rise Across the Country in September
In real estate, it’s all good — the data, that is. Housing prices rose all over the country in September, according to two data series released this week.
The S&P/Case-Shiller 20-city composite home price index, a widely …
Where Are All Those Free Checking Accounts Hiding?
We keep hearing that free checking is still out there… somewhere. But finding an account with no monthly fee can be a challenge. A new report says free checking accounts still exist, but getting one might mean downsizing. The U.S. Public Interest Research Group looked at 250 banks and found that 60% of small banks have free checking accounts.
Insider-Trading Scandal: Are the Feds Closing In on Billionaire Hedge-Fund Mogul Steven Cohen?
Billionaire hedge-fund titan Steven A. Cohen, one of the most high-profile and controversial Wall Street figures of the past decade, has been implicated in what federal officials are calling “the largest insider-trading case ever …
Study: 10,000 Identity Theft Rings in U.S.
Identity theft is big business. Now, we’re finding out exactly how big. The FTC estimates that as many as 9 million of us have our identity stolen each year. It’s topped the list of consumer complaints filed with the agency for the past 12 years running, garnering about 15% of all complaints. And new research from ID Analytics
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