June 2009


Politicians are vowing to take a hard line on executive pay without actually imposing limits. Experts say that’s because such pay caps prove unpopular, and rarely work.

"Mobile workers are far more organized, personally, than their office-bound counterparts," says a researcher. "They have to be on top of their game the whole time." In all the effusive cheering over telecommuting, many managers have overlooked a simple fact: Some of us are simply not wired for the life of the digital nomad.

Monday brought some closure to Bernard Madoff’s victims, a scheme that was exposed in part because the plummeting stock market led investors to demand repayment.

U.S. stock futures are slightly higher Tuesday morning, extending modest gains logged the previous day and following mixed trading in overseas markets.

The government’s stimulus plan was supposed to flood the economy with cash to help end the  recession. But so far,  spending is just a trickle.  The Answer Desk, by John W. Schoen.

A person familiar with the investigation into disgraced financier Bernard Madoff says 10 more people will be charged by the time the probe is complete.

In court, Bernard Madoff, foreground, said to some of his victims “I will turn and face you. I’m sorry. I know that doesn’t help you.” Bernard Madoff was sentenced Monday to 150 years in prison after apologizing to victims for a multibillion-dollar fraud scheme that the judge called “extraordinarily evil.”

Grills at a Massachusetts Home Depot are marked down. Such deep discounting so early in the season is great news for bargain hunters, but it's a worrisome sign that shows a further weakening in retail sales since the end of May.As Americans get ready to celebrate July Fourth, many merchants already have dismissed summer as a washout.

Cassandra Smith, 29, holds four designer handbags that she rents as purchases from her pre-rental days stack up on the floor.The rise of rental or borrowing services catering from everyone from fashionistas to environmentalists has spawned a marketing buzzword: the “transumer.”

In this Sept. 9, 2008 file photo, Apple CEO Steve Jobs smiles during a presentation in San Francisco as he talks about his health. On Monday, Apple said Jobs was back at work a few days a week.Apple Inc. says co-founder and CEO Steve Jobs is back at work after a five-and-a-half-month medical leave, during which he received a liver transplant.

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