LIVE From New Orleans In The Crosshairs of Hurricane Isaac

Photo Credit: Claire Sather From New Orleans, Aug 28, 2012, 2:30 pm. This is Dave Thier with Forbes, coming to you live from New Orleans as Hurricane Isaac slowly makes its way to the heart of the Crescent City. This ponderous storm has taken its time moving through the Gulf, but [...]   Original post on forbes.com    Comments on reddit.com   

The Oatmeal’s Latest Fundraiser To Save The Tesla Tower – Forbes

Matthew Inman (perhaps better known as web comic creator The Oatmeal) has an ambitious fund-raising project up his sleeve—to save Tesla’s Wardenclyffe Tower. Wardenclyffe Tower is rich in history, a symbolic landmark of Nikola Tesla’s last great piece of scientific research that was in Tesla’s mind, destined to change the world. I sat [...]   Original post on forbes.com    Comments on reddit.com   

Best Buy Pay Expert Said to Quit Over Retention Bonuses – Bloomberg

A compensation consultant to Best Buy Co.’s board quit after the electronics chain awarded more than 100 managers retention bonuses without tying them to performance, said three people with knowledge of the matter.   Original post on bloomberg.com    Comments on reddit.com   

Institutional Investors Desperately Seek Investment Opportunities – SPIEGEL ONLINE

As the debt crisis makes government and bank bonds look increasingly unattractive, institutional investors are finding themselves with plenty of cash but nowhere to put it. Pension funds and insurance companies are desperately looking for safe havens which promise even modest returns. But some argue that the crisis creates opportunities for those with an appetite for risk.   Original post on spiegel.de    Comments on reddit.com   

Apple announces $10b share buyback starting in fiscal 2013, $2.65 dividend for Q4 – The Verge

Ahead of a conference call this morning, Apple has announced a pair of initiatives for its massive stockpile of cash totaling approximately $100 billion: a stock buyback beginning in fiscal 2013…   Original post on theverge.com    Comments on reddit.com   

Apple to spend $45B of cash on dividend, share buyback – Apple News, Tips and Reviews

After being nagged about it for years by Wall Street, Apple on Monday said it has decided to cut into its significant cash reserves by offering a dividend of $2.65 per share each quarter, starting with the company’s fourth fiscal quarter of 2012, July 1.   Original post on gigaom.com    Comments on digg.com