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If The Associated Press’ business model isn’t broken now, it could be soon. The not-for-profit* group — a co-op news organization owned by 1,500 daily newspapers nationwide — makes much of its money charging newspapers and broadcasters fees for the right to use AP content. It’s been a happy little arrangement for the last 162 […] If The Associated Press' business model isn't broken now, it could b
Investor Carl Icahn's blog - the Icahn Report - is now live. There are now 7 posts on the site, one from today, and the rest dated over the last week. (Maybe he's been practicing, or something.) All of the posts revolve around Icahn's complaints about corporate governance. The post dated today is called "Corporate Democracy is A Myth." Basically, he argues that corporate executives and boards gene
– Carl Icahn at Texaco annual meeting. Jan. 20, 1988 Recently, there has been a great deal of outrage concerning the huge pay and severance packages awarded to a number of CEOs. There has been much criticism of the fact that CEOs earn 520 times that of the average worker. A great deal has been made of the scandalous actions of a number of CEOs and boards concerning the backdating of options. Sadly
As Bill Gates prepares to end his full-time work at Microsoft, he tells the BBC in an interview that it wasn't just what Microsoft did, but what his rivals didn't do that let Microsoft get ahead. "Most of our competitors were very poorly run," he tells Fiona Bruce, for The Money Programme. "They did not understand how to bring in people with business experience and people with engineering experien
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