Archive for June 21st, 2009

NEW YORK: After three months of rallying, the stock market seems to have hit the wall. Bets that the recession is waning have turned to concerns that growth remains elusive, leaving stocks in wait-and-see-mode. But the week ahead brings a bevy of reports that could help get the market moving again.Reports are due on housing,… »

NEW YORK (Fortune) — Washington’s most dramatic foray into the nation’s financial sector since the Great Depression began on Oct. 13 with a misnamed acronym, an unwitting tribe of CEOs, and a confused staff of Treasury officials. It was a foreshadowing of the misadventure to come. “I don’t even know who the 9 companies are…. »

PARIS (Fortune) — It’s certainly a unique father-son relationship. The man who created one of the largest fortunes in history, now in his second career as a philanthropist, has his dad working for him as co-chair of the world’s largest charitable organization — the 27.5 billion Bill & Melinda Gates Foundation. Actually, this is a… »

PARIS (Fortune) — It’s certainly a unique father-son relationship. The man who created one of the largest fortunes in history, now in his second career as a philanthropist, has his dad working for him as co-chair of the world’s largest charitable organization — the 27.5 billion Bill & Melinda Gates Foundation. Actually, this is a… »