The troubled electronics titan's CEO and other honchos declined bonuses worth 30% to 50% of their pay as their products lose ground.
Stiffer competition and more regulations mean global financial institutions have to make tough choices to survive.
A former top drug adviser to the British government says a rampant cocaine culture within the banking industry spurred overly risky decisions.
Stocks are lower after the proposed terms of a bailout for Cyprus re-ignite fears about the financial situation in that nation and the other members of the EU.
Both Office Max and Office Depot are downgraded to 'neutral.'
Staples is upgraded to 'neutral,' and Baidu is downgraded to 'underperform.'
The new CEO's battle to clean up the bank may be doomed from the outset.
| Tags: | BCSGSJPMThe Fiscal Times |
Stocks are mixed as investors remain on the sideline ahead of President Obama's State of the Union address.
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