Recently, the government’s Pay Czar, Kenneth Feinberg, “suggested” that outgoing Bank of America (BAC) CEO Ken Lewis should take home $0 in salary for 2009, and receive a bonus of e

The headlines are widely publicizing the new highs being made in gold. Soon the news may be directed to gushing gold in the energy space … Black Gold. Many of the fundamental reports I read on

Crude oil spent the last quarter range-bound at around $70, but energy prices moved sharply higher on Wednesday with the December futures contract rising from $66.60 to $71.05, or nearly 7% -- the la

The Holy Grail de jour of financial market prognostication is predicting the bottom in housing. It's a fool's errand, however. Investing based on a perceived end to declining property values has&

According to Bloomberg, the New York Times Company (NYT) said today that advertising revenue at its newspapers and Web sites fell 13% in May. It was the biggest monthly decline this year for the third

To drill or not to drill? What's good for offshore drillers such as Transocean (RIG), Noble Corporation (NE) and ENSCO (ESV) isn't necessarily good for consumers. Even a major oil discovery off the co

South Africa’s electricity provider, Eskom, was given permission to raise prices another 13.3 percent (starting in July) after already being given permission to raise prices 14.2 percent, for a

Social networking is moving from infancy to adolescence, as the market landscape evolves and competing business models vie for superiority.Venture capitalists are betting LinkedIn can thrive in an inc

Hello from New York where, whatever "life-related" challenges I might be presented with today, at least I'm not FedEx (FDX). In addition to FDX's much publicized earnings warning this mornin

Citrix Systems (CTXS): Just yesterday this stock was downgraded. In the interview with Reuters the CFO is calling for a strong second half, though he cited continued sluggish results in the U.S. Virtu