Few boardroom scandals have the flair of the one shaking Japan's Olympus Corp. Each new turn brings fresh questions, like who is Hajime Sagawa and how did he score $680 million from the firm?
By Kevin Kelleher, contributor
Update: The saga continues. On Tuesday, Oct. 26, Olympus chairman Tsuyoshi Kikukawa stepped down, vacating the posts of chairman, CEO and president. Shuichi Takayama, a 41-year veteran of Olympus who ran the company's imaging MORE
Oct 21, 2011 11:59 AM ET
Silicon Valley is often so focused with the "new-new" way of doing things, that it can forget that many times it is simply rediscovering well-worn lessons that date back to the beginnings of commerce.
By Scott Weiss, guest contributor
FORTUNE -- In 1950, my uncle Ed Kalin opened a small designer furniture store. After years of hard work, he saved up and opened a larger one. Growing up working there, I'd observed MORE
Oct 21, 2011 11:42 AM ET
The Detroit-based auto industry could face significant threats over the next four years. Inflated costs from union labor won't be one of them. Here's why.
By Doron Levin, contributor
FORTUNE -- The Detroit-based auto industry could face significant threats over the next four years: tighter regulation, soft demand and tougher competition. High costs from union labor won't be one of them.
A successful ratification vote by Ford Motor Co. (F) hourly workers, following MORE
Oct 21, 2011 10:43 AM ET
Solyndra fallout and fear-mongering have brought the U.S. to the brink of a trade conflict with China, which could threaten jobs in the fastest-growing industry in the U.S.
By Andrew Beebe, chief commercial officer of Suntech
FORTUNE -- The last six months have been tough for solar panel manufacturers. While Solyndra has received most of the headlines, more than 50 China-based photovoltaic manufacturers have also closed shop. Rapidly declining prices have squeezed MORE
Oct 21, 2011 8:00 AM ET
In typical Apple (AAPL) style, the focus is on the product and what it can do for you.
Philip Elmer-DeWitt - Oct 21, 2011 7:04 AM ET
The flood of revelations from the year's hottest biography began four days early
Cover image: Simon & Schuster
The best-laid plans of authors and publishers often go awry when the bookstores get their copies.
Walter Isaacson's Steve Jobs -- the most hotly anticipated biography in years, at least in some circles -- was supposed to have a dramatic worldwide laydown on Monday. But to the distress of Isaacson, Simon & Schuster and MORE
Philip Elmer-DeWitt - Oct 21, 2011 6:22 AM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
"You're headed for a one-term presidency." -- Steve Jobs to Barack Obama (The Huffington Post)
"I'm going to destroy Android, because it's a stolen product ... I'm willing to go thermonuclear war on this." -- Jobs on Google Android (Bloomberg)
* A few tidbits leaked in advance of Walter Isaacson's biography MORE
JP Mangalindan, Writer-Reporter - Oct 21, 2011 3:30 AM ETThey're the hottest young stars in business across the globe. They're innovators, disrupters, and job creators. And, they're on the under covers of this issue of Fortune magazine.
Marissa Mayer, Daniel Ek, Erin Burnett
Blake Mycoskie
Cesar Conde
Mona Mourshed
Oct 20, 2011 4:31 PM ET
Fortune's curated selection of newsworthy tech stories from the last 24 hours. Sign up to get the round-up delivered to you every day.
"I'm not a very social person," but "Google+ I instantly found compelling." - Google cofounder Sergey Brin (Search Engine Land)
The first excerpt from Walter Isaacson's biography of Steve Jobs will appear in the pages of Fortune this Monday.
* Looking forward to Walter Isaacson's authorized biography of Steve Jobs? The MORE
JP Mangalindan, Writer-Reporter - Oct 20, 2011 11:07 AM ET
Click to enlarge. Photo: Apple Inc.
Apple (AAPL) has released this photo of CEO Tim Cook speaking to employees at their Steve Jobs memorial celebration in the amphitheater behind 1 Infinite Loop in Cupertino, Calif.
A 3.6 MB version is available for download here.
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.89% |
| Ford Motor Co | 12.28 | -0.46 | -3.61% |
| Frontier Communicati... | 4.20 | -0.27 | -6.04% |
| Juniper Networks Inc... | 21.65 | -0.72 | -3.22% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.14 | -68.49 | -0.54% |
| Nasdaq | 2,813.49 | 8.21 | 0.29% |
| S&P 500 | 1,315.99 | -2.44 | -0.19% |
| Treasuries | 1.91 | -0.02 | -1.19% |
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