Topic: Bloomberg LP
Top galleries, list articles, quizzes
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Top 10 richest Americans
The 100 richest people in the world gained $241 billion in net worth last year, according to Bloomberg's Billionaires Index. Americans dominated the list, occupying five of the top 10 spots. This countdown of the top 10 wealthiest Americans features a casino mogul, software tycoons, and a lot of Wal-Mart money.
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10 must-read books about higher education in America
Check out these 10 books for a thorough grounding in where higher education stands in the US today.
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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Bill Clinton: 5 reasons he is helping Obama
Four years ago, former President Clinton got his knuckles rapped for calling Sen. Barack Obama's presidential aspirations a "fairy tale." Now the 42nd president is appearing on the stump with No. 44. Here are five reasons for Mr. Clinton to go all out for the newest member of the Presidents Club.
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Unemployment rate: How many Americans are really unemployed?
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Madoff victims to receive $7.2 billion from Jeffry Picower estate
The $7.2 billion from the estate of philanthropist Jeffry Picower represents the largest forfeiture in US history. So far, $9.8 billion has been collected on behalf of Bernard Madoff victims – nearly half the $20 billion that investors lost.
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Gold or stocks: what to hold during the Great Correction
Goldman Sachs says investors will make money investing in either gold or stocks. Are they right?
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KFC aims to double revenue in Africa by 2012. The colonel would be proud.
KFC this week became the latest iconic American company to make significant moves into Africa, following expansion by Coca-Cola and Walmart.
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Inter-galactic bailout?! The Fed reaches beyond borders
According to some reports, the U.S. Federal Reserve plans to bail out Europe by adding cash from the International Monetary Fund. What next?
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Printing money causes the wrong kind of inflation
The Fed's quantitative easing is pushing up asset prices elsewhere.
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Pilots to be exempt from airport scanners, intrusive pat-downs
Airline pilots will no longer have to go through body scanners or be subject to body pat-downs, as do ticketed passengers. TSA is also testing scanners designed to be less intrusive.
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India's $5 billion microfinance industry faces backlash over profits
The role of profit-driven companies in India's microfinance industry is raising concerns about its social mission.
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Léo Apotheker: Will software salesman measure up as HP CEO?
Léo Apotheker, a software strategist, must lead hardware-maker HP into a new world of software services.
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Forbes 400 list: Bill Gates still richest American
Forbes 400: Things are on the up for US billionaires with more than half of them adding to their net worth in a year which once again saw Bill Gates as the richest of them all, Forbes magazine said on Wednesday.
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Oil spill cleanup: After digging deep to kill well, BP faces long climb
Killing the well at this point was the easy part of the oil spill cleanup for the beleaguered corporate giant, whose image will be stained, and bottom line impacted, for years to come.
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Pastor's agreement to call off 9/11 Koran burning beset by confusion
Pastor Terry Jones said he would cancel his planned Koran burning and travel to New York to discuss the location of the mosque near ground zero. But it's unclear what has been agreed to.
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Apple rumors roundup: New Nano, better iTunes, or another Apple TV
Apple rumors have run rampant today in advance of Wednesday's annual music event. We look at predictions from around the Web.
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Too much mortgage debt? Here, have another loan.
You don't need to worry about the recovery. Because there isn't one.
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The bond bubble and the rush into TIPS
Treasury Inflation-Protected Securities (TIPS) are selling at more than 100 times their projected payouts, yet investors continue to pile into these and other Treasury bonds. Is this a bond bubble?
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Cement may pave Africa's road to the future, but will China undercut that, too?
Cement may lack the luster of diamonds or the geopolitics of oil, but it forms the foundation of what might be Africa’s industrial big bang. Now China is moving in, undercutting African producers.
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Verizon iPhone could hit market as soon as January
Verizon iPhone rumors are a favorite pastime on the Web. But one tech blogger says that this time, the Verizon iPhone is really, totally, definitely set for a 2011 launch.
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What is the RIM Blackpad?
RIM, the makers of the BlackBerry line of smartphones, is reportedly prepping an Apple iPad competitor dubbed the Blackpad.
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iPod Nano is a fire hazard, Japanese ministry says
iPod Nano music player occasionally catches fire when charging, a Japanese official said this week. Japan has demanded that Apple deliver a report by Aug. 4 on the precautions the company will take with future units.
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iPhone 'death grip' cure? Try that yellow LiveStrong bracelet.
iPhone 'death' grip is a problem. And here's one possible solution: Take that yellow LiveStrong bracelet from around your wrist, and wrap it around your iPhone. 'Death grip,' begone!
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Verizon iPhone could hit in January, but holdouts have been burned before
Verizon iPhone rumors have consumed the tech blogosphere again this week. But is a Verizon iPhone really on the way?
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Mercury may have its wings clipped by Ford
Ford Motor Company is considering the elimination of its Mercury brand automobiles and SUV's.
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Jamaica attacks reveal ties between gangsters and politicians
The Jamaica attacks this week, which saw militants aligned with alleged drug trafficker Christopher 'Dudus' Coke assault a downtown Kingston police station, show how strong Jamaica's gangs have grown thanks to their involvement in local politics.
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First, last men on moon to testify before Senate
Neil Armstrong, the first person to walk on the moon, and Eugene Cernan, the last, will testify before the Senate Commerce, Science, and Transportation Committee Wednesday, to discuss the future of NASA.
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The bailout's costs are big – but falling
Washington's bailout of Wall Street will likely cost far less than originally expected.
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Hugo Chavez will reportedly take the revolution to Twitter
Venezuelan president Hugo Chavez once called Twitter a haven for terrorists. Now, a rep for Chavez says the president will soon join Twitter. Too bad @HugoChavez is already taken.
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