Personal Economics
  • Glaxo warns China corruption scandal will hit business

    Glaxo warns China corruption scandal will hit business

    By Ben Hirschler, Reuters

    LONDON (Reuters) - A "shameful" corruption scandal in China will inevitably impact GlaxoSmithKline's business, the British drugmaker's chief executive said on Wednesday, adding he was ready to go to...

  • Strong iPhone sales buoy Apple's third quarter, shares climb

    Strong iPhone sales buoy Apple's third quarter, shares climb

    By Poornima Gupta, Reuters

    SAN FRANCISCO (Reuters) - Sales of Apple Inc's iPhone trumped Wall Street estimates after U.S. shipments soared 51 percent in the third quarter, lifting its stock 5 percent even as profit fell. The...

  • The Potent New Force in Selling Obamacare to Youth

    By Roberta Rampton, Reuters

    What's so funny about President Barack Obama's health care reform law? A website known for viral comedy videos popular with Americans under 30 - Funny or Die - has a few ideas and is enlisting...

  • SEC wins as ex-Goldman executive Tourre found liable for fraud

    SEC wins as ex-Goldman executive Tourre found liable for fraud

    By Nate Raymond, Reuters

    NEW YORK (Reuters) - A jury found former Goldman Sachs Group Inc vice president Fabrice Tourre liable for fraud for his role in a failed mortgage deal that cost investors $1 billion, in a big victory...

  • Detroit and the importance of failure: James Saft

    Detroit and the importance of failure: James Saft

    By James Saft, Reuters

    (Reuters) - Here is the real meaning of Detroit: human institutions sometimes fail and we are far better off acknowledging and accommodating this than fighting it. Information from failure is a large...