Thursday, July 07, 2011
American domination weakens and the Chinese gain a stronger foothold in the rankings of the world's 500 largest companies.
Friday, May 13, 2011
There's more bad news for Social Security and Medicare. The economy, rising health care costs and a drop in taxes have all shortened the life of the two entitlement programs.
Thursday, February 03, 2011
Madoff Saga Continues
Bernie Madoff has been in jail for more than two years, but we haven't heard the last of the shakeout from his Ponzi scheme. The trustee trying to recover money for bilked investors said executives at JP Morgan Chase knew there were concerns that he was running a massive fraud but ignored the warnings. A lawsuit filed in December has just been unsealed. It says the trustee is seeking $6.4 billion from JP Morgan. The bank said the suit is "meritless" and "based on distortions of both the relevant facts and the governing law."
Thursday, January 06, 2011
Restaurants are struggling to cope with new rules for wages and tips that began at the start of the year. We'll talk about what it means for restaurants, waiters and you, on today's Financial 411.
Thursday, August 12, 2010
Change comes to two businesses: The executive who steered General Motors out of bankruptcy is stepping down, and a Brooklyn pizzeria some say is the best in the city faces eviction. It's WNYC's Financial 411 -- our take on the economic news of the day.
Monday, July 19, 2010
JP Morgan Chase and American Express are turning to users of social media to decide how to make their charitable gifts. The New York Times' Kate Taylor reports that's causing consternation and competition in the world of nonprofits.
Friday, July 16, 2010
Mesirow Financial’s Diane Swonk reviews the business and economic news of the week.