Greece, creditors on verge of clinching debt deal
By Lefteris Papadimas and Renee Maltezou ATHENS | Sat Jan 28, 2012 10:10pm EST ATHENS (24moneynews) – Greece and its private creditors said on Saturday they were piecing together the final elements of a debt swap and expected to have a deal ready next week, essential for sealing a new bailout and avoiding an... Read More
Goldman executives get access to restricted stock
Sat Jan 28, 2012 12:41pm EST (24moneynews) – Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though the executives are still limited in selling most of their Goldman stock. (24moneynews) – Top Goldman Sachs Group Inc executives... Read More
Greece, creditors on verge of clinching debt deal
By Renee Maltezou and Lefteris Papadimas ATHENS | Sat Jan 28, 2012 8:29am EST ATHENS (24moneynews) – Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default. ATHENS (24moneynews) –... Read More
BlackBerry, Aiming to Avoid the Hall of Fallen Giants
FORGET the Union — what’s the state of the BlackBerry? The Blackberry 957. Go to Timeline Go to your Portfolio » Research in Motion, maker of BlackBerry smartphones and tablets, sent its co-chief executives packing last week and replaced them with Thorsten Heins, who had been RIM’s chief operating officer. How would he characterize... Read More
Barnes & Noble, Taking On Amazon in the Fight of Its Life
William J. Lynch Jr., chief executive of Barnes & Noble, with a wall full of e-readers at its site in Silicon Valley, where 300 employees are building the company’s digital side. PALO ALTO, Calif. Go to your Portfolio » A magazine display at a Barnes & Noble store. The company’s C.E.O. says the idea that e-readers will make bookstores obsolete is... Read More
Greece Inches Toward Deal in Talks With Its Creditors
LONDON — Once again, Greece appears on the verge of securing an agreement with its private sector creditors on how much of a loss they would be willing to accept on their bond holdings. The latest progress comes in the wake of two days of talks in Athens between Charles Dallara of the Institute of International Finance, the bankers lobby representing most investors,... Read More
In Davos, Europe Is Pressed for Debt Crisis Solution
Christine Lagarde, managing director of the International Monetary Fund, spoke at a panel discussion at the World Economic Forum in Davos, Switzerland on Saturday. DAVOS, Switzerland — World leaders turned up the pressure on Europe on Saturday to erect a more formidable wall of money against the sovereign debt crisis, warning that the euro zone continues to pose a severe... Read More
The Boss: Peter Clarke of Product Ventures, From Drums to Designs
WHEN I was a senior in high school, a recruiter from the Marines contacted me. I was questioning what I wanted to do with my life, and my parents were pressuring me about the same thing. I thought I might become a professional musician, but I lacked the commitment. Peter Clarke is the founder and C.E.O. of Product Ventures, a product and packaging design agency in Fairfield,... Read More
Strategies: How Long Can the Stock Market Forget About the Pain?
THE year has started so splendidly for stock investors that it may seem churlish to point out that there are any lingering problems at all. Despite a ho-hum week, the Standard & Poor’s 500-stock index has already gained more than 4.6 percent in the young year, and emerging markets have done even better. The Hang Seng index in Hong Kong has risen more than 11 percent,... Read More
Workstation: Building a Bridge to a Lonely Colleague Workstation
IT’S lonely at the top, or so it is said. But in fact it doesn’t matter where a person is in the office hierarchy — employees at all levels become lonely, even when other workers are all around them. Research into loneliness has tended to focus on people’s private lives and on groups that may be prone to it, like the elderly. But some researchers have done studies... Read More
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