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Why the Gates Foundation aims to knock out polio

Wed, 08 Sep 2010 10:05:53 EDT

Jeff Raikes worked with Bill Gates at Microsoft, most recently as president of the business division, for almost 29 years before joining the Bill & Melinda Gates Foundation as CEO in 2008. The last two years, he's worked building relationships with partners of the $33 billion foundation.

Treasury prices swing wildly on double-dip fears

Wed, 08 Sep 2010 16:24:18 EDT

As economic reports and expert opinions offer varying views on whether the country is headed for recovery or a double-dip recession, the bond market is moving at the slightest provocation.

Follow the smart money -- and the crowd

Wed, 08 Sep 2010 10:14:02 EDT

Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.

Boehner unveils his own plan to aid economy

Wed, 08 Sep 2010 15:53:01 EDT

House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, just ahead of President Obama's speech detailing a $350 billion plan to boost jobs.

Help for homeowners who haven't missed a payment

Wed, 08 Sep 2010 16:07:39 EDT

Borrowers who are up-to-date with their payments but have seen their home's value drop way below their loan amount could get help from a new government program.

Obama's bridge, train and road fix

Wed, 08 Sep 2010 14:53:21 EDT

Government transportation spending is full of costly boondoggles.

Shop online without credit cards

Wed, 08 Sep 2010 16:59:16 EDT

Freeing yourself of plastic is a great way to keep track of your spending and stay on a budget.

BP to release investigation into oil rig disaster

Wed, 08 Sep 2010 06:36:23 EDT

BP is on Wednesday expected to release findings of an internal investigation into the Gulf oil disaster, the oil giant said.

Stocks end higher after Obama speech

Wed, 08 Sep 2010 16:25:03 EDT

Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.

Hurd could get $10M bonus from Oracle

Wed, 08 Sep 2010 12:10:37 EDT

Oracle Corp. said Wednesday it will pay its new co-president, Mark Hurd, an annual salary of $950,000 and that he could receive a bonus of up to $10 million.

Do unemployment checks keep the jobless at home?

Wed, 08 Sep 2010 15:23:17 EDT

Does allowing the jobless to get nearly two years of unemployment checks give them an incentive to not work?

Health insurer faces $9.9 billion in fines

Wed, 08 Sep 2010 16:58:10 EDT

California regulators are seeking fines of up to $9.9 billion from Pacificare over allegations the health insurer mismanaged claims from physicians, failed to make payments in a timely manner and other violations.

Big bank bloodbath fears. They're ba-ack!

Wed, 08 Sep 2010 14:51:23 EDT

Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.

Upgrade boosts BP stock

Wed, 08 Sep 2010 11:56:46 EDT

BP's stock jumped Wednesday after Fitch upgraded the company's rating three notches.

New York Times stock surges on takeover talk

Wed, 08 Sep 2010 18:48:44 EDT

Shares of the New York Times Company jumped Wednesday on rumors that the world's richest man could increase his stake in the newspaper publisher.

Google launches live-updating 'Instant' search

Wed, 08 Sep 2010 16:55:54 EDT

One of the Internet's most iconic images -- Google's search screen -- is being overhauled.

Fed: 'Widespread signs' economy is slowing

Wed, 08 Sep 2010 15:34:51 EDT

The economy grew at a sluggish pace through the summer months, and there are now "widespread signs" that activity is slowing, the Federal Reserve said Wednesday in its latest snapshot of regional economic conditions.

The nearly forgotten Mariner explosion is just as bad as the BP oil spill

Wed, 08 Sep 2010 14:13:54 EDT

It's never a good time for an oil rig to blow up in the Gulf of Mexico, but Mariner Energy's Vermillion 380 platform couldn't have gone off at a worse time. The government and the media were already scrutinizing offshore drill production in an unprecedented way. Thirteen unlucky workers were ejected off of Vermillion into the water last week. And Mariner inadvertently became the latest part of a national political debate about the safety of offshore drilling.

Stocks set to bounce back

Wed, 08 Sep 2010 08:16:44 EDT

Stocks were poised to rebound Wednesday, as investors awaited an economic recovery proposal from President Obama and braced for the first batch of data this week.

Why carmakers aren't coming back anytime soon

Wed, 08 Sep 2010 05:54:37 EDT

With the home stretch in sight, 2010 is shaping up to be a weaker U.S. auto market than predicted, probably closer to 11.5 million new-vehicle deliveries, rather than the 12 million that automakers and forecasters had figured - and hoped - would be sold.