China's richest man loses $15 billion In the history of sudden wealth loss, Li Hejun may have set a new record. Li, who was China's richest man until this week, saw his fortune drop by as much as $15 billion in a half-hour.
| By: Robert Frank
Now seeking White House, Fiorina's CEO tenure was stormy SAN FRANCISCO- In her quest for the Republican presidential nomination, former tech CEO Carly Fiorina boasts about her experience running Silicon Valley computer-maker Hewlett-Packard as evidence that she's "a problem solver, with a track record to prove it." "I got fired in a boardroom brawl over a two-week period because when you challenge the status quo you...
Source: The Associated Press
| By: By BRANDON BAILEY, AP Technology Writer
Cramer: Worry about rates? Don't be silly Mad Money host Jim Cramer discusses the impact to equities from plummeting German bonds, and the turn in Europe. He says rates in the U.S. have plenty of room to rise before the economy gets derailed.
UPDATE 1-T Rowe's challenge to Dell deal may fuel critics of 'appraisal' The investor, T Rowe Price, is seeking a higher price for its Dell stock than the $13.75 per share offered in the $26 billion buyout led by Michael Dell and Silver Lake Partners. That could mean hundreds of millions of dollars are on the line for T Rowe Price and Michael Dell. T Rowe Price's case began in February 2014 when the company asked Delaware judge Travis...
| By: Tom Hals
Lending Club: We're growing fast Lending Club reported better-than-expected earnings and raised its full-year revenue forecast. Founder and CEO Renaud Laplanche, discusses where new customers came from, and big banks getting into the space.