| Nov 15, 2011
Stories of business gone wrong are almost always stories of corporate culture gone wrong. The problem is that it's not easy for outsiders, or even insiders, to diagnose a sick culture.
Over a decade ago, when I started investigating what had gone wrong...
| Oct 25, 2011
| 9:45 AM
In 2009, President Barack Obama lifted the $400 billion cap off the bailout money that Freddie Mac and Fannie Mae could pass on to the taxpayers. Apparently, $400 billion wasn't enough. Fannie and Freddie are publicly owned. You and I own them and all the...
| Aug 23, 2012
Before Charles N. Huggins began working at See's Candies in 1951 as a manager in the company's packing department in San Francisco, his favorite candies were black licorice and, thanks to his World War II service as a paratrooper, Hershey's chocolate....
| Sep 20, 2012
| 9:25 AM
The rich got quite a bit richer this past year, according to this year's rankings of the 400 wealthiest Americans.
Forbes magazine released its annual list on Wednesday, and the combined net worth jumped 13 percent to $1.7 trillion in 2012, up from $1....
| May 17, 2012
| 8:11 AM
Former paperboy and current Omaha, Neb., billionaire Warren Buffett is throwing the weight of Berkshire Hathaway Inc. behind the newspaper industry, buying the majority of Media General Inc.’s papers months after picking up his hometown publication....
| Jun 8, 2012
| 8:44 AM
Want a “power lunch” with billionaire financier Warren Buffett? Get ready to shell out at least $420,600 for the privilege.
So far, that’s the top bid in an annual charity auction to dine with seven friends and Buffett at Smith &...
| Jun 12, 2012
| 8:25 AM
Michael Kors is making it work: Profit at the newly public luxury retailer more than tripled in the fourth quarter.
The American fashion designer puts out extravagant $2,295 python satchels (other bags come in ostrich and crocodile) and $1,295 calf-...
| Jun 27, 2012
| 11:17 AM
American companies are getting a bit hesitant about buying back their own stock.
Share repurchases by large companies fell in the first three months of this year, the second consecutive quarter of declining buybacks, according to Standard & Poor’...
| Nov 2, 2012
| 8:09 AM
Billionaire financier Warren Buffett already has his hands in newspapers, jewelry, insurance and other holdings. Now, with the acquisition of Oriental Trading Co., the 82-year-old can add party planning.
Buffett said Friday that his Berkshire Hathaway...
| Mar 14, 2012
| 9:41 AM
The name "Constellation Energy" will still be around. The energy trading firm will still be doing much the same thing it ever has in a large, new building on Baltimore's waterfront. It will have somewhat fewer employees, but it will, at least for the next...
| Jan 5, 2011
It's huge, fast and destined to become perhaps the most striking landmark visible to passersby outside a Los Angeles museum. No, we're not talking about the life-size steam locomotive designed by artist Jeff Koons (pictured) that director Michael Govan...