Financial news on May 30th, 2009
Business and Financial news
William R. Hambrecht, the venture capitalist who helped get Apple Computer, Genentech and other industry pioneers off the ground, is now rewriting the rules on initial public offerings. Read more..
A new oath to be taken by graduates of Harvard Business School next week says, in effect, that greed is not good. Read more..
The economy’s decline in the quarter was not quite as bad as the government originally believed, kindling hope that the economy could resume growing by the end of 2009. Read more..
Struggling states are increasingly critical of Delaware for its loophole that helps corporations avoid state taxes. Read more..
Wells Fargo said Emerisque, which Hartmax, the men’s clothing company, chose as a buyer, doesn’t provide adequate value to lenders. Read more..
People are making do with the cars they have, leaving the automotive industry to debate, and worry, about what the new normal will be once the recession ends. Read more..
The government announced the cash injection for Anglo Irish Bank after the bank revealed a record interim pretax loss. Read more..
Affluent investors are among the first to look for undervalued areas, where the fear may be greater than is justified. Read more..
Spain’s experience with high-speed trains could hold lessons for the United States in what works and what does not. Read more..
While the federal government says most of its loan forgiveness programs are secure, state programs, which depend on state budgets, face uncertain futures. Read more..