As each hour passes it becomes clearer why Eric Daniels has been fighting so hard all week to cling on to his black horse....

The news that Microsoft has hired a senior Wal-Mart executive to spearhead a move into retail will not come as much of a shock. These days retailers run the world, and companies like Microsoft, which have typically supplied big retail, are now increasingly drawn to the idea of opening up for themsel...

The Royal Bank of Scotland infuriated unions tonight by announcing plans to cut 2,300 jobs only hours after its former chief executive Sir Fred Goodwin had publicly apologised for the Edinburgh-based bank's downfall. At a packed meeting of the Treasury select committee of MPs, Goodwin had been joine...

Ackman Tries to Mollify Target Fund Investors Barclays halts directors' bonuses as profits fall Going Dutch: Goldentree's Auction Option Management for Harvard Endowment to Cut 25% of Staff Hedge fund to set up intricate intelligence web Bleak times for the......

Biotech, cancer, deals Luke Timmerman wrote: The recession will surely kill off some biotech companies that lack hard cash and the hard data that shows their experimental drugs can improve patients’ lives. But after I heard Seattle Genetics CEO Clay Siegall tell the story of how his company ra...

The chaotic situation in the financial sector is creating a branding headache for banks' marketers. My wife comes from Tasmania, a weird and wonderful island off the southern tip of Australia. It has some of the slackest planning provisions in the Southern Hemisphere. As a result, when her friends t...

Amid the gloom the media will soon break their own rules and find any chink of light worthy of note says Tracy Corrigan....

Glad to see that Google (GOOG) had a decent quarter. But things look grim for everyone else who makes a living selling ads, and there’s plenty of lousy news to come. We’ve already heard worrisome predictions about online ad sales at Yahoo (YHOO) and Time Warner’s (TWX) AOL. And tho...

The woes surrounding Barclays bank were compounded today when Frits Seegers, one of the most senior directors at the bank, admitted he had pledged almost 900,000 Barclays shares to secure a loan from another bank. When Seegers, who is chief executive of global retail and commercial banking at Barcla...

A few weeks back I was invited to talk with some college-age Friends during a weekend retreat. It was my first visit to Plainfield, Indiana and I had a nice time meeting these students and their adult leaders from Western Yearly Meeting. I was invited to sit on a panel with three other people to ans...