Archive for February, 2009

Stocks finish down 50% from 2007 highs

Late selling leaves the Dow and S&P 500 with their worst starts for a year ever. GE is trimming its quarterly dividend to 10 cents. The government could own up to 36% of Citigroup. The economy shrank more than expected in the fourth quarter. Dell shares rise, despite lower profit.

How to make Barbie hot again

For girls over 6, Webkinz and Bratz are the ‘it’ toys; Barbie is dull by comparison. As she turns 50, Mattel’s aging bombshell needs a makeover — and maybe a blog.

Warren Buffett Speaks: His Worst Year Ever

Warren Buffet admits he made a “major mistake” in investing in an oil company in 2008 and that his company, Berkshire Hathaway (BRK.A), had its worst year ever. But in his widely anticipated annual shareholder letter, released Saturday morning, one of the world’s best-known investors expressed confidence in his company’s myriad of businesses and the [...]

10 ways to survive without a bailout

The billions upon billions in federal aid have somehow passed you by. That doesn’t mean you can’t do something constructive: Solve a problem. Help someone. Innovate. Or have more sex.

Stocks finish down 50% from 2007 highs

Late selling leaves the Dow and S&P 500 with their worst starts for a year ever. GE is trimming its quarterly dividend to 10 cents. The government could own up to 36% of Citigroup. The economy shrank more than expected in the fourth quarter. Dell shares rise, despite lower profit.