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DETROIT (Reuters) -- General Motors Corp. Tuesday detailed plans to all but wipe out the holdings of remaining shareholders by issuing up to 60 billion new shares in a bid to pay off debt to the U ...
(FORTUNE Magazine) – "My God, there really has been a genie locked in that bottle! Apple's innovation and creativity have been unleashed in a way that they haven't been in 20 years. Look at the ...
(FORTUNE Magazine) – Can Prozac make you want to die? The idea seems strange, given that the drug and similar antidepressants are supposed to do just the opposite. Yet that is what Kimberly ...
(FORTUNE Magazine) – For millions of Americans, the first big financial decision in life is whether to take on a student loan. Student loans are debt, of course, but they represent something ...
The Detroit automaker's desperate bid to stave off bankruptcy is the latest chapter in a steady slide that began more than 20 years ago. (Fortune Magazine) -- Back in 2004, when it was still ...
Source:From Institutional Investor's Alpha highest-earning hedge fund managers list. (Fortune Magazine) -- You could hear John Arnold trying to choose his words carefully. Seated at a conference ...
(Fortune Magazine) -- "I first remember hearing Larry Sonsini's name probably in 1986 or 1987," says Dave Roux, who co-founded Silver Lake Partners, a private-equity firm in Menlo Park Calif.
General Electric has been a piston of the American economic engine for 125 years. It pioneered the light bulb and the jet engine. It survived the Great Depression, the dot-com crash and the 2008 ...
New York (FORTUNE Magazine) In late 1995, six months after Toyota decided to move forward with its revolutionary hybrid, the Prius, and two years before the car was supposed to go into production ...
How would I mop up this mess? I have no magic cures, but I can offer a few modest suggestions. Profit Sharing If we taxpayers are going to subsidize Wall Street, as we're now doing, the Fed - or ...
KFC has issued a high-profile, humorous apology for its chicken shortages in the UK. The fast-food chain used a full-page ad in British newspapers to apologize for shutting down hundreds of ...
Dow 4,000. Food shortages. A bubble in Treasury notes. Fortune spoke to eight of the market's sharpest thinkers and what they had to say about the future is frightening. (Fortune Magazine) -- A ...