Financial news on October 13, 2007
Business and Financial news
The Justice Department appears to have taken a renewed interest in the case against Universal Express, a delivery company that has been the target of a civil suit by the S.E.C. since 2004. Read more..
The chief executive of LinkedIn answers questions from users about possible new features and how to get more out of the features the site already has. Read more..
BEA Systems, an Oracle rival in the market for corporate software known as middleware, is being pressured to sell by its largest shareholder, the investor Carl C. Icahn. Read more..
Pfizer’s most recent compensation report, the basis for an attempt to revamp the format of such reports, is now under S.E.C. review for inadequate disclosure. Read more..
Day trading has morphed into rate chasing. The chasers search for the best rates at credit unions and banks, moving cash swiftly from one account to another. Read more..
Mark Hurd, Hewlett-Packard’s chairman and C.E.O., says that focusing on strategy and staff were key to helping the company recover from last year’s spying scandal. Read more..
Paul Tudor Jones II, one of Wall Street’s most fabled financial speculators, predicted the 1987 market crash but today is keeping quiet about the market. Read more..
A growing number of childless workers are complaining about “family friendly” perks that are denied to those without children, and more from business magazines. Read more..
The Virgin Group said Friday that it planned to bid with a consortium for Northern Rock, the troubled British bank. Read more..
Executive pay practices may have helped drive strong corporate performance, but what about the moral element? Read more..