On-the-road CEOs spell trouble
It's an odd but often telling indicator -- when the chief executive commutes a considerable distance instead of moving to where his company is headquartered, problems mount. But why?
VIDEO ON MSN MONEY
The only people to have much to do with CEO's is the media and Wall Street - and they're the ones who decide if he/she is successful. In the company? Just a guy making an obscene amount of money with not a lot of useful skills. A rule of thumb - the higher up someone is in a company, the less likely they can find a bathroom. That's how useless they are. If it's anything like my office, everything runs more smoothly when the moron is gone.
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[BRIEFING.COM] Recent action saw the S&P 500 (+0.4%) back away from its session high with Fed Chair Yellen now taking questions from the assembled media.
During her press conference, Chair Yellen said today's policy directive was meant to convey no changes to Fed's policy stance. With regards to inflation, Ms. Yellen said inflation has firmed since the start of the year, but is still running below objective with a gradual move towards objective expected to continue.
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