Former Yahoo CEO Carol Bartz resigned as a director, taking a severance package as much as $14 million after disparaging the other directors as “doofuses.”
In the event the Bank actually follows through with this huge elimination, it would represent one of the biggest job culls in recent corporate history.
At Apple, all senior executives are male. Why? And why so few female CEOs?
Cisco Systems Inc said on Monday that it has bought privately-held firm Versly to expand in collaboration technology aimed at corporate clients looking to make employees work together more easily.
Tim Cook's $390 million payday isn't the first time he's been taken care of by Apple directors
Wall Street stocks rebounded on Friday as investors digested Federal Reserve Chairman Ben Bernanke's remarks about the economy and regained hope the door was still open for more monetary stimulus down the road.
How did Verizon keep its network up? By deploying all the tech tools it owns.
Though Cisco's Cius tablet, created for the enterprise combining voice, video, collaboration and virtualization capabilities in a single portable device, may finally end up as a doctor's device than supporting any generic usage.
A new consumer study survey of the U.S. families reveals that American families have started using the home wireless bandwagon extensively, and there does not seem to be any turning back.
Verizon and two striking unions agreed to talk after a two-week strike. Here's why.
Two weeks on, why not end the Verizon strike with a federal mediator?
Gold and silver prices rose dramatically early Friday as investors fled crumbling Asian and European stock markets, but later in the session some of those early gains disappeared as investors began buying heavily discounted tech stocks.
Investors started buying beaten-down stocks Friday, especially in the tech sector, to lift the Nasdaq composite index into positive territory and shortly thereafter boosting other major indexes.
Shares of silver mining companies charged out of the gate Friday, posting huge gains as the price of white metal also rose.
Cisco Systems Inc (CSCO.O) still faces tough challenges with tight public spending and fears of a new economic downturn, analysts warned, after the giant Silicon Valley company ended a year's worth of disappointing sales forecasts.
Cisco Systems Chief Executive John Chambers gave Wall Street a set of quarterly results investors could cheer about for the first time in over a year.
The Dow Jones industrial average rebounded on Thursday soaring 423.37 points, or 3.95 percent, to 11143.31, after a disappointing 520-point loss on Wednesday, the ninth-largest point drop ever, because of growing fears about the health of Europe's banks and the probabilities of a global economic recession. Meanwhile, the Nasdaq gained 111.63 points, or 4.69 per cent, to 2,492.68.
Stocks jumped on Thursday as solid results from Cisco and mildly encouraging U.S. jobs data gave investors an excuse to scoop up shares beaten down in several days of sharp selling.
The schizophrenic Dow and other major U.S. markets indexes were having a good day Wednesday, up more than two percent across the board.
Cisco CEO John Chambers gets credit for the networking company's stock jump
Stocks advanced more than 2 percent on Thursday in another volatile session as upbeat results from Cisco and a better-than-expected labor market report offset renewed concerns about the euro zone banking system.
Shares of Cisco Systems Inc surged 17 percent on Thursday, a day after it forecast a modest increase in current-quarter revenue, following months of uncertainty surrounding its business.