Warren Buffett doesn’t believe a basket of hedge funds can beat the S&P 500 over a 10-year period, and is willing to put his money where his mouth is.Protege Partners, a New York-based money management firm,
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Lehman Brothers stock is falling again Wednesday as the firm’s capital-raising efforts have failed to quell concerns about its future. In fact, the $6 billion Lehman raised this week has only revived concerns about the credibility of its senior management
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Updated from 12:16 p.m. EDT Carl Icahn has vilified Yahoo’s board for adopting an employee retention package, comparing it to “self-destructive doomsday machines” found in James Bond films. The plan could add as much as $
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Is Steve Jobs sick again?It’s not pleasant or even polite to ask, and we certainly hope the answer is no. But the question is being asked in the aftermath of Apple’s Developers Conference, where Jobs looked particularly thin — and arguably gaunt. …
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Oil prices were recently back above $135 after the DOE said U.S. inventories fell by 4.6 million barrels for the week ended June 6, and are down almost 24 million in the past four weeks. …
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So what has Glassdoor.com, a new site that makes the secret data surrounding employment available to everyone, uncovered in a few months of collecting confidential information? Among other tidbits: That
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Rich Barton started Expedia because he thought freeing up the world’s travel information would spawn a huge industry. It did. He subsequently tried the same thing with Zillow and real estate. That one is still in progress. But now he’s co-founded a compan
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Apple’s 3G iPhone launch yesterday revealed a host of new features, none of them unexpected, as well as more than a few nitpicks. Regardless, Research in Motion, Nokia, and other handset manufacturers should be in alert mode.Not only does the 3G model imp
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