Steve Jobs’s Letter to Employees on Leave of Absence

Team,

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.

I have asked Tim Cook to be responsible for all of…

Week in Preview: Banks Step Into the Earnings Spotlight

Fourth-quarter 2010 earnings season ramps up this week. Analysts expect strong results from some big corporate names. And on the heels of last week’s big earnings beat from JPMorgan Chase, the financial sector will have plenty …

Retailers Look to E-Tailers for Survival Tips

Three years into a recession and a lumpy recovery, consumers aren’t getting comfort from retail therapy. They’re price-shopping online and jumping in and out of stores. So, bricks-and-motor merchants are looking for ways to mak…

Will Google’s ITA Merger Fly with U.S. Regulators?

The clock is ticking for U.S. regulators to decide whether to sue Google to prevent its announced $700 million merger with ITA Software, the maker of the largest airfare-pricing platform. Google last month invoked a legal provi…

Groupon IPO Could Value Coupon Company at $15 Billion

Groupon is planning an initial public offering that would value the three-year-old online coupon distribution site at as much as $15 billion — more than double what Google reportedly bid on the company last year — The New Yor…