Finance
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'Couch potato' building block needs an updateNov 07, 2007 10:00 pm - Question: A few years ago you recommended a Couch Potato portfolio based on six building blocks. The fourth block was to be an "unhedged international bond fund." You re...
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New book helps frequent fliers figure it all outNov 06, 2007 10:00 pm - WASHINGTON -- I remember sitting in my grandmother's living room and licking S&H Green Stamps and pasting them in prize booklets in hopes of getting something for free....
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Citigroup smarting as Prince leaves
Nov 05, 2007 10:00 pm - NEW YORK -- Charles Prince is walking out Citigroup's doors with potentially millions in his pocket, leaving behind a bank many believe needs serious therapy. Investors ...
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Target-year funds are not the best alternativeOct 31, 2007 11:00 pm - Q. Can you talk about the pros and cons of creating your "Five-Fold" portfolio vs. investing in a targeted retirement mutual fund? I've considered consolidating my 401(k...
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Chrysler cutting Belvidere jobs
Oct 31, 2007 11:00 pm - DETROIT -- Chrysler LLC said today it plans to cut up to 12,000 jobs, or up to 15 percent of its work force, including jobs at its Belvidere plant. The plans call for sh...
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Why you should save for collegeOct 30, 2007 11:00 pm - WASHINGTON -- Every parent knows that college costs are painfully high, and yet so many people fail to save anything, even an amount that will get their child through on...
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Under pressure, Merrill Lynch CEO Stan O'Neal retires
Oct 29, 2007 11:00 pm - NEW YORK -- The still unfolding mortgage-related credit crisis has claimed its biggest corporate casualty so far: Merrill Lynch CEO Stan O'Neal. The announcement Tuesday...
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Motorola refinances debtOct 29, 2007 11:00 pm - SCHAUMBURG -- Motorola raised $1.4 billion in its first bond sale in three years. The sale consisted of $400 million of 5.375 percent, five- year notes; $400 million of ...
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Verizon profit drops 34 percent
Oct 28, 2007 11:00 pm - NEW YORK -- Verizon Communications Inc., the nation's second largest telecommunications company, on Monday reported third-quarter earnings fell by a third from a year ag...
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Exelon posts higher profitsOct 26, 2007 11:00 pm - Chicago-based Exelon Corp, the No. 1 U.S. nuclear power company, posted higher third-quarter operating earnings Friday, citing higher wholesale power prices, increased n...