Piracy off the coast of Somalia remains big business as two supertankers get hijacked in as many days.
Fiscal-first-quarter earnings rise 107%, but the shipping company will lay off 1,700 workers and close 100 facilities as it merges 2 freight divisions..
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It will benefit big time from rising natural gas prices and the shale boom, pays a generous dividend, and is a bargain compared to its peers.
MARKET DISPATCHES
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FRUGAL COOL
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
The pay for serving and protecting your country isn't great at first, but military service comes with some decent retirement and education perks -- and substantial risks.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
