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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Economy Watch Archive: Corporations

Did Jeff Skilling do anything illegal?

Did Jeff Skilling do anything illegal? That was the question I kept asking myself while listening to federal prosecutors lay out a multiple-count fraud charge against the former Enron chief executive during his May 2006 trial in Houston, which I...

By Frank Ahrens  |  June 24, 2010; 2:45 PM ET  |  Permalink  |  Comments (4)
Categories:  Corporations  
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CFO survey: 'Limited' plans to hire in next year

If this morning's jobs report didn't convince you that unemployment won't come down anytime soon, take a look at a new survey of more than 1,000 chief financial officers at U.S. companies. The CFOs say they have "limited plans" to...

By Frank Ahrens  |  June 10, 2010; 2:26 PM ET  |  Permalink  |  Comments (1)
Categories:  Corporations , Unemployment  
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Washington Post Co. elects former GM CEO Rick Wagoner to its board

Rick Wagoner, who was fired as chief executive of General Motors by the White House, has been elected to The Washington Post Co.'s board of directors, increasing the board to 11 members, the education and media company said today. The...

By Frank Ahrens  |  June 10, 2010; 1:04 PM ET  |  Permalink  |  Comments (8)
Categories:  Autos , Corporations  
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BP stock crashes; oil giant trading below book value

It was a bad day for most stocks today, but it was a bloodbath for embattled oil giant BP. Shares of BP dived 16 percent today, driving the stock price to below $30 per share, the worst drop on record...

By Frank Ahrens  |  June 9, 2010; 5:10 PM ET  |  Permalink  |  Comments (65)
Categories:  Corporations , Wall Street  
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BP CEO Tony Hayward to testify on Capitol Hill next week

Following the partial success of his oil spill cap, embattled BP chief executive Tony Hayward will testify before the House Energy and Commerce next Thursday at 10 a.m. Hayward has increasingly become an object of scorn from Capitol Hill and...

By Frank Ahrens  |  June 8, 2010; 1:19 PM ET  |  Permalink  |  Comments (5)
Categories:  Congress , Corporations  
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GM recall: 1.5 million vehicles for potential fire hazard

General Motors is recalling 1.5 million Buick, Cadillac, Hummer, Saturn and GMC sport-utility vehicles, pickups and cars from 2006 to 2009 because a heated washer fluid system module could pose a fire risk, the company said moments ago. There are...

By Frank Ahrens  |  June 8, 2010; 10:54 AM ET  |  Permalink  |  Comments (18)
Categories:  Autos , Corporations  
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Older Entries in This Category »

Goldman Sachs's worst week. At least so far., Frank Ahrens , April 30, 2010
Fabulous Fab's love letters to Goldman Sachs, Frank Ahrens , April 27, 2010
Chinese search engine gains as Google exits, Frank Ahrens , March 22, 2010
Nissan to recall more than 500,000 vehicles, Frank Ahrens , March 3, 2010
Toyota loses D.C. lobbyist to conflict of interest, Frank Ahrens , February 22, 2010
Akio Toyoda agrees to testify before Congress, Frank Ahrens , February 18, 2010
Toyota's eye-popping Corolla recall news, Frank Ahrens , February 17, 2010
Buying a piece of Buffett, Frank Ahrens , February 12, 2010
GM: No problems yet on our hybrid brakes, Frank Ahrens , February 9, 2010
What you need to know about Toyota, Lexus recalls, Frank Ahrens , February 9, 2010
U.S. government reaction to third Toyota recall, Frank Ahrens , February 9, 2010
Another day, another Prius recall report, Frank Ahrens , February 8, 2010
Stocks dive following Bank of America news, Frank Ahrens , January 20, 2010
Stocks up following big Citi loss, Frank Ahrens , January 19, 2010
Corporations kicking in with Haiti relief, Frank Ahrens , January 15, 2010
 
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