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.
BP and 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.
Fox News and Bloomberg both want Helen Thomas's old front row seat in the White House briefing room because of the symbolism they see in it. But what it actually symbolizes is something very different.
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 summary.
The textbook and nonfiction publisher -- which is behind the For Dummies how-to series -- reported healthy results for the third quarter, thanks to the education division and currency gains.
The other shoe is about to drop at BusinessWeek. Shortly after taking over the magazine, news giant Bloomberg pruned its staff by a reported 30% and made it known that more downsizing would come sometime before May. Sources say that round will begin Thursday.
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?