What To Expect In Facebook's Future
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Business
JPMorgan, the largest bank in the United States, is seeking to minimize the damage caused by a $2 billion trading loss, disclosed earlier this month.
Could Glass-Steagall Have Stopped JPMorgan Loss?
()The banking giant's $2 billion loss has many lawmakers and economists wondering what happened to the 2010 financial overhaul, which was supposed to prevent risky hedging. Many are also looking back further — to a Depression-era law, repealed in 1999, that separated commercial and investment bank activities.
TED's 'Explicitely Partisan' Talk, Briefly Barred From Its Site, Now Everywhere
An income inequality talk deemed too "explicitly partisan" for TED is now available for viewing.
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The company has grown from an idea hatched in a Harvard dorm to a worldwide social media phenomenon worth billions.
JPMorgan's Troubles And The Price Of Eggs()
May 18, 2012 JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.
Space
NASA, SpaceX Aim To Launch Private Era In Orbit()
May 18, 2012 If all goes well, an unmanned capsule will become the first commercial spacecraft to visit the International Space Station. SpaceX and NASA have been working together to make this launch happen, navigating cultural differences between the young startup and the veteran agency.
Planet Money
The Long, Long, Long Road To New Rules For Banks()
May 18, 2012 Nearly four years after the financial crisis — and two years after a major new law was passed — key details remain unresolved.
Moody's Downgrades 16 Spanish Bank Ratings()
May 17, 2012 Moody's Investors Service is lowering the ratings because of the country's worsening financial picture. Moody's said it took the action because the banks face a rising tide of bad loans with Spain's economy in recession, its real estate market a shambles and its unemployment rate stubbornly high.
The Two-Way
Facebook Stock Priced At $38 A Share Ahead Of Friday IPO()
May 17, 2012 Facebook has priced its much-hyped stock at $38 a share in advance of its initial public offering Friday. It is expected to be one of the largest IPOs in history and the company is expected to raise as much $18 billion.
The Two-Way
Reports: Hewlett-Packard Plans To Announce About 25,000 Job Cuts()
May 17, 2012 The company may cut about 8 percent of its workforce as part of a restructuring.
Solar Panels From China May Get New U.S. Tariffs()
May 17, 2012 The move by the Obama administration comes after finding that Chinese companies are improperly flooding the U.S. market with government-subsidized panels. The tariffs announced Thursday were higher than expected and could ratchet up trade tensions between the two countries.
Shots - Health Blog
Accretive Health Mobilizes Political Who's Who()
May 17, 2012 Accretive Health, under fire for how it collects on health care debts, is fighting back. The company has lined up some political luminaries, including Chicago Mayor Rahm Emanuel, to press its case.
Special Series
Family Matters: The Money Squeeze
Multigenerational households face difficult financial decisions surrounding elder care, paying for college and retirement.
