Are Extended Warranties Worth It? HBR Debates Consumer Reports
Consumer Reports says extended warranties are always a waste of your money. The Harvard Business Review's Rafi Mohammed disagrees.
Dell
Dell Shareholders Back Michael Dell's Takeover Offer
The board at Dell said that a takeover bid led the company's founder and CEO is in the best interest of shareholders at the slumping PC maker.
Move Over, Apple: 16 More U.S. Firms Stash Billions Overseas
Apple is under fire for keeping billions in profits overseas, where it doesn't have to pay U.S. taxes, but Apple is hardly the only big company dodging the IRS this way.
J.C. Penney's Latest Earnings Confirm Grim Warning
J.C. Penney had said its quarterly results would be weak. They were, and then some. The retailer posted a loss more than double the deficit of last year, and sales fell 16%.
Dell Profit Dives as PC Sales Slide
Dell reported a 79 percent slide in profit in the first quarter as personal computer sales continued to shrink.
Carl Icahn Gives Himself the Nod for Directorship of Dell
Billionaire Carl Icahn has nominated himself and a slate of 11 others as directors at Dell. Icahn is leading an effort to block chairman Michael Dell from taking Dell private.
Michael Dell's Takeover Plan Challenged Yet Again
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take company private.
CEO Flameouts: The Bigger They Aimed, the Harder They Fell
Ron Johnson's short tenure as J.C. Penney's CEO will go down as one of the biggest corporate flameouts ever. But he's hardly the first executive to aim high and fail hard.
Dish Network Bids $25.5 Billion for Sprint Nextel
This could be a big merger Monday: Dish Network is bidding to acquire Sprint Nextel, and Thermo Fisher Scientific has agreed to buy Life Technologies.
SAC Portfolio Manager Arrested in Insider-Trading Investigation
SAC Capital Portfolio Manager Michael Steinberg was arrested Friday in connection with a long-running insider-trading investigation, according to the FBI.