It was one of the most baffling C-suite resignations in recent memory. At 7 a.m. on Monday, November 24, United Technologies announced that Louis Chenevert, its CEO since April 2008, was stepping down immediately at age 57.
U.S. stocks extended all-time highs and European bonds gained amid speculation the European Central Bank will buy government debt to support growth.
The top 400 richest taxpayers not only earned a lot more money in 2010 than in 2009, they also took a smaller tax hit. To be counted among the top 400 filers that year, you had to pull in at least $99 million, according to the latest data from the IRS.
After a Monday morning story in the Wall Street Journal detailed a new marketing strategy for Budweiser that will focus more on �Jay Z and zombies� than the iconic American images normally associated with the brand, there was much worry that the ...
Nov 24 (Reuters) - Workday Inc, which makes cloud-based human resources software, reported a wider third-quarter loss as costs jumped.