Streams

 

Business And Economy

The Takeaway

The Agenda: Economic Reports and Their Impact on the Campaigns

Monday, June 04, 2012

Motoko Rich and Todd Zwillich discuss what's in store for the week ahead. On the list: several reports on economic indices, the campaigns' reactions to last week's poor job figures, the fate of Wisconsin's Governor Scott Walker, and presidential fundraising in New York City.

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The Takeaway

Follow Friday: Unemployment, Romney's Nomination, DOMA

Friday, June 01, 2012

This week, our Follow Friday panel includes Jeff Yang, author of the Tao Jones column for The Wall Street Journal and blogger for WNYC's It's a Free Country, and Ron Christie, Takeaway contributor and Republican political strategist. Ron and Jeff discuss the unemployment numbers for May, Mitt Romney clinching the Republican nomination and where his campaign goes from here, the Circuit Court decision holding the Defense of Marriage Act unconstitutional, and President Obama's "Kill List."

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The Takeaway

Unemployment Benefits Will Expire Earlier Than Many Expected

Wednesday, May 30, 2012

Next month, 70,000 people will be cut off from unemployment earlier than they expected, bringing the total number of people who have lost aid prematurely to nearly half a million this year.

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The Takeaway

It's Not All Bad: Stories From Past Guests Who've Escaped Unemployment

Wednesday, May 30, 2012

After losing their jobs, some Americans have been able to rebuild their careers after slight adjustments to their job descriptions.

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The Takeaway

How to Give Your Boss the Pink Slip

Wednesday, May 30, 2012

No doubt, from time to time, every working person has wanted to scream, “take this job and shove it.” What if you could keep your job, and give your boss the boot instead?

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The Takeaway

Oscar-Winner Charles Ferguson on 'Predator Nation'

Tuesday, May 29, 2012

Just over a year after the release of his Oscar-winning documentary “Inside Job,” Charles Ferguson returns to the topic of the 2008 financial crisis with his latest book “Predator Nation.”

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The Takeaway

How Do Banking Regulations Get Written?

Friday, May 25, 2012

Earlier this month, JPMorgan disclosed that it lost at least $3 billion in trading as a result of sheer mismanagement. The news ignited a fresh debate on financial regulation – specifically on the Volcker rule, a measure Dimon had vocally opposed. Yet it's not certain the final Volcker rule would prohibit the kind of trades that led to JP Morgan's losses. So how are banking regulations written in the first place?

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The Takeaway

Companies Don't Have to Go Public, So Why Do They?

Friday, May 25, 2012

By going public, Facebook joined a diverse group of companies. Some, like Apple and Amazon, have had huge success selling pieces of their company to the public. Others, like Enron and Tyco, couldn't take the public scrutiny and failed as a result. Since taking a company public requires jumping through a lot of hoops, fewer companies are doing it. So why go public at all?

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The Takeaway

Follow Friday: Facebook, JPMorgan, Layoffs, Attack Ads, and Fair Punishment

Friday, May 25, 2012

Our panel of social, political and pop-cultural experts to tell us about the stories you may have missed this week.

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The Takeaway

A Defense of Private Equity, and of Romney's Years at Bain

Thursday, May 24, 2012

As the race for the presidency heats up, President Obama's reelection team continues to attack Mitt Romney's career at Bain Capital, while questioning private equity's role in the American economy. Edward Conard, former managing director at Bain Capital and author of "Unintended Consequences," worked with Mitt Romney throughout the Republican candidate's years in private equity. Conard explains why he believes Romney's experience in private equity will prove essential should the Republican candidate take the White House this fall.

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The Takeaway

Was Facebook's IPO Mishandled?

Wednesday, May 23, 2012

Just days after Facebook’s initial public offering serious allegations are surfacing about whether the IPO was dramatically mishandled by Morgan Stanley. Henry Blodget, the CEO and editor-in-chief of Business Insider explains how what was supposed to be Morgan Stanley’s crowning achievement is beginning to look like a major misjudgment.

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The Takeaway

Why It’s So Hard to End Poverty in America

Tuesday, May 22, 2012

Poverty is one of the most pressing and divisive issues of our day, and Democrats and Republicans have staked out largely different approaches to the increasing divide between the poorest members of the United States and the richest. With the economy central to the November elections, the wealth gap will likely only become even more talked about in the months to come. Peter Edelman, one of the most outspoken antipoverty advocates in the country, examines the current state of poverty in the country, and elaborates upon what can be done — and what hasn't.

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The Takeaway

In Light of Loss, Is Facebook an Unwise Investment?

Tuesday, May 22, 2012

To many Facebook shareholders, yesterday was likely another dispiriting day. Shares only dropped further below its $38 IPO price, leaving many to wonder about its early valuation and the tact of Morgan Stanley's aggressive push, and many others wondering if they made an unwise investment. CEO and editor-in-chief of Business Insider Henry Blodget was on The Takeaway before Facebook's NASDAQ debut, and he returns to assess his speculations, and what this means for the company and its investors.

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The Takeaway

Chinese Conglomerate to Become Largest Movie Theater Operator in America

Tuesday, May 22, 2012

A Chinese conglomerate is set to become the largest movie theater operator in the United States. The Wanda Group, a Chinese company with extensive interests in the entertainment business, has agreed to acquire AMC Entertainment and its 5,000 movie screens across North America. Phil Levy discusses the acquisition's implications on the American entertainment industry and talks about whether other American industries are preparing for significant Chinese investments.

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The Takeaway

Over Fifty and Unemployed

Tuesday, May 22, 2012

In study after study, we’re told that the economic recovery is real. But tell that to unemployed Americans over 55. More than half of jobless seniors, about 1.1 million people, have been unemployed for more than six months, up from 23 percent four years ago, according to a government report released last week. But these aren’t just numbers — they’re people all over the country.

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The Takeaway

Facebook Gets Off to a Poor Start as a Public Company

Monday, May 21, 2012

After a shaky debut, Facebook is getting off to a bad start on its first week of trading as a publicly held company. Facebook's stock is sinking nearly seven percent, falling below the $38 IPO price, in the social network's second day of trading as a public company Monday. Joining us is reporter for our partner the New York Times Michael de la Merced.

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The Takeaway

Analyzing Facebook's NASDAQ Debut

Friday, May 18, 2012

Facebook will make its much-anticipated debut today on NASDAQ as a public company. As of last night, Facebook's offer had risen to $38 a share, putting the total value of the company at $104 billion. But for investors who got burned in the dot-com bubble of the late 1990s, all of the hype and hysteria over Facebook is a little too familiar.

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The Takeaway

Shareholder Priest Challenges Jamie Dimon

Thursday, May 17, 2012

JP Morgan is now being investigated by the FBI following a $2 billion trading loss. Two separate shareholders are suing, and at the annual shareholder meeting in Tampa last Tuesday, a lot of the pushback came from one outspoken shareholder who is also a priest: Father Seamus Finn, who has been an activist shareholder for years.

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The Takeaway

How Risky is Investing in Facebook?

Tuesday, May 15, 2012

On Friday, Facebook begins tapping into the public market and hits the Nasdaq Exchange in what will be one of the largest initial public offerings in history. Eric Jackson, founder and managing member of investment firm Ironfire Capital LLC discusses whether investing in the social networking giant is a financially savvy decision.

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The Takeaway

Could Regulations Have Helped JPMorgan Avoid Losses?

Tuesday, May 15, 2012

In response to losses at JPMorgan, lawmakers are citing the Dodd-Frank Act, which, if passed, would impose new rules for banks, including more transparency when it comes to risky trading. But are more regulations the answer? We talk to financial expert and author Terri Duhon.

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