For the most part, the business community has cheered the president’s appointment of Wall Street banker — and former secretary of commerce — William Daley as the new White House chief of staff. Daley is widely expected to enh…
Mergers, acquisitions and major restructurings made Big Pharma a much smaller and leaner sector, with some 54,000 jobs lost. At least that’s better than 2009’s 61,000 layoffs.
Continue reading Which Sector Lost…
Companies have record amounts of cash to spend: $1.9 trillion. How can they put it to the best use to keep stock markets booming?
Continue reading How Companies Should Spend Their $1.9 Trillion in Cash
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No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
For the fifth time this year, Congress has voted to postpone steep Medicare pay cuts for doctors. The latest vote gives doctors a year’s reprieve from the 25% pay cut, which some have said would keep them from accepting new Med…