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Finance Stories

One man’s secret to his billion-dollar success

What do founders of billion-dollar start-ups do differently? I couldn’t help but ask this question as I witnessed the recently reported $1 billion-plus IPOs/acquisitions of three Chicago companies whose founders I’d recently interviewed in my role as host of a … Continue reading

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Oracle CEO shakeup: what it means for the company

Silicon Valley icon Larry Ellison, founder and CEO of Oracle (ORCL), is “stepping down,“ screamed headlines on Thursday night. Bring forth the postmortem analyses, ready the gold watch, cue the farewell parade. Or not – seems like there’s an awful … Continue reading

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Oracle CEO shakeup: what it means for the company

Silicon Valley icon Larry Ellison, founder and CEO of Oracle (ORCL), is “stepping down,“ screamed headlines on Thursday night. Bring forth the postmortem analyses, ready the gold watch, cue the farewell parade. Or not – seems like there’s an awful … Continue reading

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Wall Street regulator shines more light on dark pools

WASHINGTON, Sept 19 (Reuters) – Wall Street’s self-funded regulator unveiled a list of proposals on Friday to bolster rules governing alternative trading platforms like “dark pools,” computerized high-speed trading, and price transparency in the corporate bond market. The proposals, which … Continue reading

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Apple wants to change the way you spend money

As hundreds of fans pocket new iPhone 6 models Friday, consumers will peer at their mobile screens and soon discover a new function: Apple Pay. Forget clumsily handing over cash or even signing a credit or debit card slip. With … Continue reading

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Influential fund manager warns of China risks

Short seller Jim Chanos gave a presentation Friday warning of risks to China’s economy, raising questions about stock valuations just as Chinese e-commerce giant Alibaba set a record for the largest-ever initial public offering. In a 30-page presentation obtained by … Continue reading

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This is why the middle class can’t get ahead

For everybody wondering why the economic recovery feels like a recession, here’s the answer: We’re still at least five years away from regaining everything lost during the 2007-2009 downturn. Forecasting firm IHS Global Insight predicts that real median household income … Continue reading

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Retiring In Australia

Australia is a beautiful continent and once you have experienced the beauty of Melbourne and the life of Brisbane, you might want to come back for your retirement. Retiring in Australia is a great idea as all the great and … Continue reading

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This is why the middle class can’t get ahead

For everybody wondering why the economic recovery feels like a recession, here’s the answer: We’re still at least five years away from regaining everything lost during the 2007-2009 downturn. Forecasting firm IHS Global Insight predicts that real median household income … Continue reading

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Alibaba worth more than $200B… just what is it?

Some 80% of e-commerce web site in China is handled by Alibaba.com, so when we say the internet retailer is a major player in China, we’re not exaggerating. But just what businesses comprise the giant? Alibaba’s (BABA) main web site, … Continue reading

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