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CNNMoney
HP prepares to announce mass layoffs - CNNMoney
The layoffs will be "in the ballpark" of 25000 workers, the source said, which would amount to about 7% of HP's global workforce. The nation's largest technology company by revenue currently employs 349600 people worldwide, according to its latest ...
LinkedIn has "zero interest" in buying Monster - CNNMoney
But don't get too excited: A source close to LinkedIn said the company has "zero interest" in buying Monster, and doesn't plan to pursue a purchase in the future. Monster, which has been a rumored takeover target for years, said in March that it was ...
How the NYSE can save its mega merger - CNNMoney
The US trade minister to the EU is already on the ground in Brussels lobbying on the NYSE's behalf, according to a person close to the situation. A call from the White House isn't out of the realm of possibility and could go a long way in changing a ...
Hey tech startups: Winter is coming - CNNMoney
The entrepreneur -- who asked not to be named because he's currently courting advisers and investors -- had initially planned to hold off on raising money. But after polling his small staff for their votes, he said he'll likely take the plunge and do ...
Who started the S&P downgrade rumor? - CNNMoney
The paper, citing an anonymous source, said the agency is not aware of a leak from any S&P insider or any aberrational trading that took place. The SEC declined to comment on the report. S&P would not comment on any potential probe by the SEC, ...
Airbnb raises $112 million in funding - CNNMoney
According to sources close to the deal, the round values the company at more than $1 billion. Airbnb is a startup that allows people to rent out their own spaces - everything from an extra room to a private boat, a castle in Italy or a treehouse ...
Utah: Forget dollars. How about gold? - CNNMoney
According to a person close to Herbert, the governor signed the bill because it eliminates capital gains taxes on a popular investment. The other stuff, not so much. "If somebody is stupid enough that they want to buy a Snickers bar at 7-Eleven with a ...
A snag in deal to help troubled homeowners - CNNMoney
But making that timeline looks increasingly difficult, according to sources close to the negotiations -- especially since the discussions officially begin on Wednesday. One of the major sticking points is an effort to get the five largest mortgage ...
Wall Street to employees: Want a holiday party? Pay up - CNNMoney
It was a nice reward for a job well done," remembered an employee, who asked to remain anonymous. "Now, as far as I know, each department gets some limited ...
Apple's communication gap irks business buyers - CNNMoney
"We have to take a detour, and that's disruptive," said one IT manager in the entertainment industry, who asked not to be identified because his company ...
Apple's communication gap irks business buyers - CNNMoney
"We have to take a detour, and that's disruptive," said one IT manager in the entertainment industry, who asked not to be identified because his company ...
Welcome to Zombieland: Ladera Ranch, California - CNNMoney
(He asked not to be named.) This appearance of vitality masks a deeper problem, and not only in Ladera. Simply put, housing isn't bought and sold now in ...
4G is a myth (and a confusing mess) - CNNMoney
One network representative, who asked not to be identified, claimed that ITU's 4G line-in-the-sand is being misconstrued. ...
Rapleaf is selling your identity - CNNMoney
... an e-mail address and information provided by data aggregators including Rapleaf, one privacy researcher -- who asked not to be identified because of ...
1 million workers lose out on better coverage - CNNMoney
That wasn't acceptable," according to a person familiar with the matter. Beginning 2011, the new health law mandates insurers and employers gradually remove ...
Dish vs. Fox dispute to block sports fans - CNNMoney
A source at Fox, who asked not to be named, referred to the 50% increase as "gross overstatement" on the part of Dish. Dish (DISH, Fortune 500) accused Fox ...
Where have you gone, Wladziu Valentino Liberace? - CNNMoney
In the meantime, three part-timers, who spoke to Fortune.com on the condition of anonymity, said they were hurt and angry at losing their hourly-wage jobs ...
Elizabeth Warren to get a role in consumer agency - CNNMoney
... been willing to accept the job had she not had assurances from the White House that it would be robust with autonomy, a source close to Warren said. ...
Johnson & Johnson CEO Bill Weldon's painful year - CNNMoney
One of the executives, who declined to be named because he still works in the pharmaceutical industry, says Weldon's lack of a clear replacement is a huge ...
Dick Fuld in exile - CNNMoney
It is said to be a small operation -- "a young guy from Lehman and two secretaries," says a source close to Fuld. Old Lehman hands who still speak to Fuld ...
Inside the secret world of Trader Joe's - Full Version - CNNMoney
... Fortune spent two months speaking with former executives, competitors, industry analysts, and suppliers, most of whom asked not to be named. ...
Foreclosure prevention program losing its punch - CNNMoney
... have been in trials for at least six months, though loan servicers should address these homeowners in the next month, administration officials said. ...
Why J&J's headache won't go away - CNNMoney
Interviews with more than 30 former J&J and McNeil employees, most of whom requested anonymity because they still work in the pharmaceutical industry, ...
Nasdaq jumps, Dow drifts - CNNMoney
The Wall Street Journal, citing people familiar with the matter, said a deal with Apache (APA, Fortune 500) could be worth as much as $10 billion. ...
Stocks set for lower open - CNNMoney
The Wall Street Journal, citing people familiar with the matter, said a deal with Apache (APA, Fortune 500) could be worth as much as $10 billion. ...