New study shows government spending preferences of Americans

In its 27th survey of American spending priorities since 1973 conducted as part of its General Social Survey (GSS), NORC at the University of Chicago Wednesday released a report on its most recent findings. By a notable margin, ...

Financial instruments could be spiked with unfindable risks

(PhysOrg.com) -- In a result that may have implications for financial regulation, researchers from computer science and economics have revealed potentially impenetrable problems with the pricing of financial derivatives. ...

Microsoft says cost-cutting CFO to step down

(AP) -- Microsoft Corp. on Tuesday said its chief financial officer is departing at the end of the year and will be replaced by the man now responsible for the books at the division that produces Microsoft Office and other ...

Investors lap up Apple's 47 percent profit jump

(AP) -- Wall Street knew Apple Inc.'s results for the most recent quarter would blow past the company's guidance, but investors clearly weren't prepared for the 47 percent jump in profit that Apple delivered.

Microsoft CEO's compensation down 6 percent in '09

(AP) -- The value of the compensation package granted to Microsoft Corp. CEO Steve Ballmer fell about 6 percent in fiscal 2009, a year in which weak computer sales cut into the software maker's profits.

Microsoft CEO Ballmer's salary up 4 percent in '09

(AP) -- Microsoft Corp. raised CEO Steve Ballmer's salary by 4 percent at the start of fiscal 2009, a year in which the software maker's profit declined 17 percent as the economic meltdown decimated personal computer sales.

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