The frenzy is building. Should you care? Anticipation is high. Facebook filed an S-1 form with the Securities and Exchange Commission on February 1, taking its first big step toward going public. It aims to raise $5 billion through its upcoming IPO. Some of the details from the S-1 form: Facebook’s revenue climbed from $777 [...]

Will Apple remain in the lead? Or will its rivals set the pace?  “He changed the way each of us sees the world.” How many CEOs leave that kind of legacy? How many get that kind of compliment (from President Obama, no less)? Steve Jobs’ death on October 5 drew myriad tributes to his sustained [...]

Coping with the market during a rough week for stocks. As expected, a plunge. World stock markets swooned on August 8 in reaction to Standard & Poor’s downgrade of U.S. long-term debt. On Wall Street, the DJIA fell 634.76, the S&P 500 79.92 and the NASDAQ 174.42. It was the toughest day on Wall Street [...]

Unimpressed with U.S. deficit reduction plans, S&P delivers on its warning. Unprecedented and unsettling. Standard & Poor’s issued a historic downgrade of U.S. debt on August 5, sensibly waiting until the market week had concluded to send a shock wave toward global investors. It reduced America’s long-term debt rating – which had been AAA since [...]

Even some market bulls had been expecting it – and here it is. August 4: the Dow’s toughest day since December 2008. On his 50th birthday, President Obama watched Wall Street cast a no-confidence vote in the economy he had been assigned to turn around. The Dow Jones Industrial Average sank 512.76 and experienced a [...]