Typical CEO made $9.6M last year, AP study finds

Source: Quad-Cities Online

NEW YORK (AP) — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an exe ...
Full article at: Quad-Cities Online  More like this  4 hours ago

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Stocks fall on Wall Street as Spanish bank teeters

Source: Inside Bay Area

Ecotality, a San Francisco-based maker of electric-car charging stations, has filed a lawsuit contending that a legal settlement with the state that… Fresh take on the day The developer of Hercules' Victor ...
Full article at: Inside Bay Area  More like this  5 hours ago

HP to lay off about 27,000, profit slides 31 percent

Source: Newsvine

Mitt Zombie applauds this as an astute business move, explaining why Mass. under Zombie ranked 47th in job creation and that, if voters make the mistake of electing Zombie that they will face Bush style job losses and a Bush-style economic collapse. M ...
Full article at: Newsvine  More like this  5 hours ago, 6:45pm CDT

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HP: Our WebOS Team Is NOT Leaving For Google

Source: Wired

HP CEO Meg Whitman has one thing to smile about: The Enyo team is not leaving for Google. Photo: tracie7779/Flickr HP has confirmed that it has lost some “key members” of the team overseeing Enyo, a framewo ...
Full article at: Wired  More like this  6 hours ago, 6:10pm CDT

Why Aren't There More Women Billionaires?

Source: CNBC

News that Gina Rinehart may be the richest woman in the world highlights one of the oddities of today’s wealth: why aren’t there more women billionaires? According to Forbes, 104 of the world’s 1,226 billionaires are women. That’s about 8.5 percent, even ...
Full article at: CNBC  More like this  11 hours ago, 12:44pm CDT

Why we like to watch Facebook struggle

Source: Fortune

FORTUNE – We all love a rags-to-riches story, but a relative-comfort-to-exorbitant wealth story is less enticing. That has been Facebook's story, which, until this point, has been all about its founder and CEO Mark Zucke ...
Full article at: Fortune  More like this  11 hours ago, 12:29pm CDT

Can Meg Whitman, and Layoffs, Turn Around HP? Nope

Source: Forbes Blogs

Things are bad at HP these days. CEO and Board changes have confused customers, the management team and investors alike. Despite a heritage based on innovation, the company is now mired in low-growth PC market ...
Full article at: Forbes Blogs  More like this  12 hours ago, 11:58am CDT

Can anyone manage HP out of its distress?

Source: ZDNet

Summary: Can anyone turn around HP or is it all looking a bit like too little too late? When HP’s Q2 came in better than expected, you’d have thought that this beleaguered company could breathe a sigh of relief. No su ...
Full article at: ZDNet  More like this  12 hours ago, 11:57am CDT

Get used to a life of tech layoffs

Source: CNN

The HP layoffs will consist disproportionately of older workers, says Norman Matloff. STORY HIGHLIGHTS Hewlett-Packard announced it will eliminate 27,000 jobs Norman Matloff: Many laid-off HP employees will not have an easy time finding jobs H ...
Full article at: CNN  More like this  12 hours ago, 11:36am CDT