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Hurd could get $10M bonus from Oracle
Oracle Corp. said Wednesday it will pay its new co-president, Mark Hurd, an annual salary of $950,000 and that he could receive a bonus of up to $10 million.
Stocks rise as Europe takes a backseat to Obama
An early stock rally gained momentum Wednesday, as investors put fears about Europe's debt crisis on the bank burner after Portugal successfully auctioned off $1.3 billion in government debt.
Follow the smart money - and the crowd
Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Taxes: What people forget about Reagan
Those who oppose higher taxes and are fed up with record levels of U.S. debt may pine for Ronald Reagan, the patron saint of lower taxes and smaller government.
Jobs pitch fails to dazzle Washington
President Obama's latest round of job-bolstering proposals boasts something for everyone: corporate tax breaks for conservatives and spending on roads and railways for liberals. Yet he's having a hard time getting everyone on board.
Boehner unveils his own plan to aid economy
House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, hours ahead of President Obama's scheduled speech unveiling a $350 billion job-boosting proposal.
Upgrade boosts BP stock
BP's stock jumped more than 3% in early trading Wednesday after Fitch upgraded the company's rating three notches.
