Bloomberg

13 Things You Shouldn't Buy on Black Friday

Just because it's Black Friday, doesn't necessarily mean you'll get the lowest price on everything in the stores. Here are the items you shouldn't buy on shopping's big day.

Without Taxpayer Aid, Too Big to Fail Banks Would Only Break Even

Today brings what seems like a minor milestone in the big banks' fall from grace: a Bloomberg editorial announcing that Wall Street's largest firms would not be profitable without taxpayer backstops, and calling for an end to the perverse incentives that this arrangement produces.

Walmart Internal Emails: Sales Figures a "Total Disaster"

Internal emails exchanged by Walmart executives discussing recent sales figures paint a grim picture of the situation at the world's largest retailer. Asks one executive: "Where are all the customers? And where's their money?"

Insider Trading at Playboy: The Case Against Christie Hefner's Husband Revealed

Christie Hefner, daughter of Hugh Hefner, was in control of Playboy Enterprises for two decades as its CEO. What she wasn't in control of was her husband, William Marovitz, who was secretly trading Playboy stock based on inside information. A new report by Bloomberg reveals the details of his transgressions for the first time.

10 Brands Losing the Most Value

While some of the biggest brands have grown their values by more than 20% since last year's report by Interbrand, others have fallen precipitously. Here are the brands that lost the most value over the past year.

Wal-Mart's hiring, but not in the U.S.

Wal-Mart plans to increase the number of employees by as much as 36% in the next five years, but U.S. workers may be out of luck as the increase will...

Consumer Confidence Rises in August

U.S. consumer confidence unexpectedly rose to 53.5 in August, the Conference Board said, as Americans became somewhat more positive about the short-term outlook for the economy. A Bloomberg survey had expected the index to rise to 51.0 in August from 50.4 in July. In August, two of the index's three components rose, with consumers' expectations for both the job market and the future economic conditions showing improvement.

Legal Briefing: Can BP Victims Get Paid and Still Sue?

Legal Briefing: BP and BP spill fund czar Kenneth Feinberg is taking a lot of flak for the details of the compensation program. One issue is the likelihood that people who take payments won't be able to sue later.

Businessweek: More News for Shorter Attention Spans

The 80-year-old BusinessWeek, now Bloomberg BusinessWeek, has an all-new design intended to pack a lot more information into each page, says editor Josh Tyrangiel. Just about every story is preceded by bullet points that tease its main findings, then tagged by a "Bottom Line" summary.

John Wiley & Sons Reports Higher Profits, Earnings

The textbook and non-fiction publisher John Wiley & Sons -- the corporation behind the "For Dummies" how-to series -- reported healthy profits and earnings for the third quarter, thanks to the education division and currency gains.

BusinessWeek Prepares for Second Round of Layoffs

The other shoe is about to drop at BusinessWeek. Shortly after taking over the magazine, business news giant Bloomberg pruned its staff by a reported 30%, and made it known that another round of downsizing would come sometime before May. Sources say that round will commence on Thursday.

The Dirtiest Lunch Rooms in the Media Business

The American print-publishing industry isn't healthy -- and the food it's serving its workers may not be, either. A quick survey of cafeteria health inspection records shows some alarming results. Lunch anyone?