As Google and other companies begin to build wearable technology devices, an industry not known for its fashion sense faces a new challenge, reports the New York Times.
New York's political and business leaders like to trumpet the city's burgeoning tech start-up scene, but leading figures in the sector have warned that growing beyond start-up phase is proving problematic.
Defections become infectious.
The New York Post reports that that’s the question bankers at UBS have been asking themselves over the past few weeks.
Michael E. O'Neill was among a small group of directors who after the financial crisis urged the company to weigh the pros and cons of splitting up the third-largest U.S. bank, said people familiar with the deliberations.
A group of investors have filed a proposal calling for JPMorgan Chase to name an independent board chairman, splitting the CEO and chairman roles currently held by Jamie Dimon.
The U.K.’s financial regulator is partly to blame for not detecting efforts by banks it supervised to rig benchmark interest rates for several years, UK lawmaker Andrew Tyrie said.
A split is emerging in the Federal Reserve as officials worry that chairman Ben Bernanke's $85bn-a-month efforts to bring down unemployment may backfire.
Bernie Madoff said he does not need "credit" for helping recover money for victims of his Ponzi scheme, he just wished court-appointed trustee Irving Picard would tell the truth about what Madoff has claimed is his "instrumental" role in the process.
Telling the wife that you bagged a bad bonus might be a bit of a challenge for some bankers this comp cycle, but canny males have been doing this for years (no matter how much they get paid out).
Tom Hayes, the first trader to stand trial for rigging Libor, said his efforts to influence the rate over four years were ultimately unsuccessful.
The euro zone is not delivering on its promises, according to former Federal Reserve Chairman Ben Bernanke.
Elon Musk has made it official: his electric car company, Tesla Motors, is planning to debut an unnamed new Roadster in four years, and it won’t be based on the Lotus like the last one.