Janitors Are Becoming Millionaires Thanks to This Stock's 9,500% Rally
Three decades ago, a man offered up company shares to all of his employees, regardless of rank – and now, his compassion has made them millionaires.
Three decades ago, a man offered up company shares to all of his employees, regardless of rank – and now, his compassion has made them millionaires.
The gesture is being hailed as an exemplary act of corporate responsibility for over 12,000 workers worldwide.
Stacey Cunningham's new position means that two of the world's most well-known stock exchange operators are now run by women.
Sylvia Bloom was a shrewd secretary who amassed a fortune after watching her bosses at work – but the beautiful part is what she did with it.
A group of investors managing roughly $6.5 million is demanding that fast food companies step up their game – or else face the financial consequences.
A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006.
The Dow Jones industrials index climbed to its highest level in nearly 5 years on Friday, after a surprise drop in the unemployment rate pointed to continued improvement in the labor market. The S&P 500 rose for a fifth straight day and was also on course to close near a 5-year high.
China's central government plans to spend $27 billion (170 billion yuan) this year to promote energy conservation, emission reductions and renewable energy, the Ministry of Finance said in a statement last week.
Banks are slashing the asking prices of homes with delinquent loans to their lowest levels in at least seven years, making it easier for homeowners to get out from under troubled mortgages and more appealing for homebuyers to snap up properties at a discount.
The Dow closed at an all-time high Tuesday, beating the previous record it set in October 2007, before the financial crisis and Great Recession. The Dow Jones industrial average jumped from the opening bell, climbing as much as 158 points early and closing at 14,253.77.
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