That massive pile of cash Corporate America has been sitting on for years is shrinking, and the reason bodes well for the nation's economy. "For over two years, regulators, public officials and pundits have been denouncing corporations for 'hoarding' cash. Their storyline has been that the economy will turn around if only companies would start spending that cash," said Anthony Carfang, partner at Treasury Strategies, a treasury and liquidity consulting firm.
Kevin Hartz (Eventbrite) One of the fastest growing segments of Kevin Hartz's business is bacon. Hartz isn't a chef or farmer. Rather, he's founder and CEO of Eventbrite, a ticketing website that offers an independent platform for event organizers of all types
Britain's shareholder revolt against executive pay packages is likely to intensify after an industry report revealed that FTSE 100 CEOs had a median total pay increase of 10 percent for last year, following a 13 percent hike in 2010. According to a proxy voting agency Manifest and independent share plan consultancy MM&K's 'Executive Director Total Remuneration Survey for 2012,' one quarter of FTSE 100 chiefs received increases in Total Remuneration Awarded of 41 percent or more. The total remuneration increases were mainly due to a combination of increases in deferred bonus and long-term incentive awards
Financial services jobs have become less sought after in London in May because of the eurozone debt crisis and lack of governmental boost to employment opportunities in the sector, reveals a new survey. According to the survey by the recruitment consultant, Morgan McKinley, the number of job- seekers in London 's financial services industry fell by 58 percent in May.
India 's Finance Minister Pranab Mukherjee on Monday voiced assurance that the government is working towards a turnaround in the sputtering GDP growth, following a warning that the nation may lose its investment-grade status as an economic powerhouse.