Company News » Cnn Money : rss.wslib.com RSS Directory

Company news - CNNMoney.com

2010 outlook: Flat is the new up

If 2008 was the year the stock market almost died and 2009 was the year that the market miraculously sprung back to life, then what will 2010 be?

Toys R Us to open at midnight on Thanksgiving

For some Black Friday shoppers, a 5 a.m. start just isn't early enough, so Toys R Us has upped the ante.

JPMorgan takes control of Cazenove

Read full story for latest details.

CEO Swap: The $79 billion plan

On July 1, A.G. Lafley woke up at 6 a.m., worked out, showered, and headed to the office in downtown Cincinnati, just as he had for nearly a decade. But this was the first morning in more than 3,000 days that he was no longer the chief executive of Procter & Gamble.

How IBM builds strong virtual team

Leo Mendoza is a typical IBM sales rep. Based in Chicago, he starts his day with a 5:45 a.m. swim at a local health club, then usually hits the road by 7:15 to see clients in Milwaukee or Racine. A couple of days a week, he works from home. How often does he see his boss in person? Maybe once a month, maybe less.

Aetna to cut up 3.5% of workforce

Aetna announced it eliminated 625 positions Wednesday in the first of two rounds of job cuts that will reduce the health insurance giant's workforce by up to 3.5% by the end of the first quarter in 2010.

Gap profit spikes 25%

Read full story for latest details.

Now open: The best job on Wall Street

Read full story for latest details.

Super Bowl ads are selling out

Plummeting advertising sales have severely wounded media companies, but CBS is scoring big with the broadcast of this season's Super Bowl XLIV.

Shut up, Lloyd Blankfein!

The public relations gurus who are advising Goldman Sachs Chief Executive Officer Lloyd Blankfein might want to give him some new advice. Shut up!

Housing savant Paulson now looks to gold

Billionaire John Paulson, who earned his his hedge fund billions when he bet against the housing bubble, is waging a new noteworthy bet.

Leggo your Eggo: There's a waffle shortage

Better hoard your Eggos!

Pay czar readies for bonus season

It's bonus time on Wall Street and pay czar Kenneth Feinberg is walking a thin line.

Fat cat pay - Then and now

It's unprecedented for the nation to be outraged about corporate pay, right? Not exactly: In the 1930s, as the Depression gripped the nation, furor about compensation rose to fever pitch, and Washington applied shears to salaries. In an article soon to be published in the University of Richmond Law Review, Harwell Wells, an assistant professor of law at Temple University, says the decade exposed "deep tensions" about the issue.

Help (still) wanted: Bank of America CEO

Of all the headaches Bank of America faces these days, none is more painful than its ongoing quest to find a new CEO.

Wal-Mart Black Friday ad: TVs top deals

Wal-Mart's much-awaited Black Friday deals will focus on a gamut of gadgets such as high-definition TVs, laptops and Blu-ray players, as well as holiday gift favorites such as toys and DVDs, according to a copy of the retailer's circular obtained by CNNMoney.com.

An animation studio bets on the iPhone

At first glance, Albie Hecht's office is cluttered with toys -- a plush gorilla from the Mario Bros. video game, vinyl figurines from the toy line Kidrobot, to name a few. But in fact, they're all relics of the animation industry, where Hecht, 56, made his name launching such mega-hit children's shows such as Nickelodeon's "SpongeBob SquarePants," "Dora the Explorer," and "Blue's Clues."