Can Apple Be Apple Without Jobs?
Wednesday evening's announcement from Apple (Nasdaq:AAPL) that CEOSteve Jobs was resigning could hardly be called a surprise, but it will certainly accelerate a transition process that has been…
Markets Await Bernanke's Jackson Hole Fed Meeting Remarks
For one weekend every year, the economic world turns its watchful eyes away from New York and Washington and to Jackson Hole, Wyo. This weekend, the Kansas City Federal Reserve will again host the…
Buffett’s Berkshire to Invest $5 Billion in Bank of America
Aug. 25 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. agreed to invest $5 billion in Bank of America Corp., aiding a lender hobbled by costs tied to subprime mortgages. Buffett’s company…
Treasuries Advance as Report Shows U.S. Jobless Claims Rose
Aug. 25 (Bloomberg) -- Treasuries rose as a government report showed initial jobless claims unexpectedly increased last week, fueling concern the economic recovery is slowing and stoking demand for…