Financial news on October 7th, 2006
Business and Financial news
A Kink in Venture Capital’s Gold Chain
For the firm Sevin Rosen, the high-risk, high-return venture capital business may have turned into all risk and no return. Read more..
Dow Set a Record in Height, but Weight Had a Lot to Do With That
How indexes are computed and what they capture has a lot to do with their averages, which can sometimes be deceiving. Read more..
Job Growth Was Slack Last Month
Employers added just 51,000 jobs, the fewest in almost a year, but unemployment dropped to 4.6 percent. Read more..
Sentencing Postponed for Executive in Computer Associates Case
Sentencing for Sanjay Kumar who admitted he led a $2.2 billion accounting fraud will be postponed to resolve disputed facts. Read more..
To Muted Cheers, the Dow Climbs Past a Record
There was an eerie echo of the siren song of the 1990’s economic boom on Wall Street this week. Read more..
See what else happened on October 7th, 2006