As Goldman Sachs prepares to post hefty annual profits, the firm's employees are about to get their rewards, with compensation expected to surge to $22 billion.
Goldman and other big banks will report third quarter results this week which many believe will live up to the positive expectations of analysts. Tech giants, Google and IBM will also report earnings that may move their stock prices higher.
Private equity firm Blackstone Group is planning to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors on Friday.
Walk into almost any store this month, and you'll be hit with a wash of pink products -- pink clogs, pink vegetable peelers, pink cleaning products, even pink food -- sold in support of Breast Cancer Awareness Month. Consumers, feeling as if they're participating in the effort to find a cure for the disease, are snapping up pink-tinged everything. And, as a result, nearly all big consumer-products companies are tacking pink ribbons onto their products.
A Microsoft server glitch is creating big headaches for T-Mobile Sidekick customers as all of their stored data, like contact names, phone numbers and digital photos, is erased from memory.
Americans Elinor Ostrom and Oliver Williamson won the Nobel economics prize on Monday for their analyses of economic governance _ the way authority is exercised in companies and economic systems.
The recession is stoked deep-seated fears about a declining middle class, as families have found themselves squeezed for decades by stagnant incomes and rising expenses. That's why the chair of the Congressional Oversight Panel monitoring the TARP bailout funds given to banks says, "I believe that the middle class is under terrific assault."
