Chicago PassionsSport News and Entertainment Updates
Disgraced HP CEO to Get Nearly $28 Million
Lauded for making Hewlett-Packard Co. the world’s biggest technology company, CEO Mark Hurd was in negotiations for a new contract worth about $100 million, according to a person familiar with the negotiations.
Instead, he’s getting about a third of that to just go away.
In a stunning announcement Friday, HP said it ousted Hurd [...]
Buffett’s Successor Likely To Be Chinese Hedge Fund Manager Li Lu
According to an interview with the Wall Street Journal, Warren Buffett’s successor at Berkshire Hathaway (NYSE:BRK.B) is likely to be Chinese hedge fund manager Li Lu. In an interview with the Journal, Buffett’s long-time partner Charlie Munger said that 44 year-old hedge fund manager Li Lu was a leading candidate to [...]
State Edges Closer to Race to the Top Funding
New York was named a finalist Tuesday in the second round of the federal Race to the Top competition, bringing the state a step closer to a potential $700 million windfall that could help ailing school budgets.
Also a finalist but not a winner in the first round, New York has embraced [...]
How Morgan Stanley Bucked a Trend in Trading
Morgan Stanley’s core trading unit surprised investors on Wednesday by reporting a relatively small 15 percent drop-off in revenue in the second quarter from the first quarter. In contrast, its main competitors, Goldman Sachs and JPMorgan Chase, experienced 35 percent declines in trading revenue in the same period.
A combination of [...]
Upromise talks up back-to-school
With the back-to-shopping season getting underway, Upromise wants to remind consumers that its rewards program is a good way for them to earn money for a college savings account.
Headquartered in Newton, Upromise has specifically designed its rewards program for consumers interested in contributing to a college savings account or paying off a [...]
