Financial news on March 08, 2008
Business and Financial news
Some nonresidential construction sectors, whose share of construction had risen to a 15-year high, appear increasingly hesitant to spend and overall construction spending has begun to fall. Read more..
A dozen warning signs that boards should be looking for in executives, before they name them C.E.O.’s. Read more..
Driven in part by a lack of knowledge over the long-term health effects of mobile phone use, parent groups in Europe have called for a ban on marketing to children. Read more..
The investment bank announced its two co-presidents would receive $67.5 million each, a 27 percent pay increase. Read more..
The unpleasant perspective of considering one’s mortality should not derail us from pulling together a “what if” plan. Read more..
Lilly hid Zyprexa’s risks, such as the possibility of causing severe weight gains and blood sugar changes, from doctors to protect the drug’s sales, an expert witness told jurors on Friday. Read more..
A Web site uses celebrity news to lead into lessons of personal finance, with sometimes hilarious results. Read more..
MBIA raised $3 billion in capital, eliminated its dividend and shut its asset-backed insurance business for six months to overcome losses on subprime mortgages. Read more..
Having smoked cigars for over 30 years, I held the art of cigar rolling in high esteem. I did not want to desecrate it simply for the sake of a whimsical executive pursuit. Read more..
The Ides of March has arrived early for the buyout lords of Wall Street, as the intensifying credit crisis humbles some of the industry’s once-celebrated deal makers. Read more..