It hasn't gone unnoticed by Congress that private equity firms are starting to go public. Or that they pay less than half the tax rate public companies do. So yesterday it introduced a bill to even the playing field. Steve Henn reports.
No surprise that fewer than 1 percent of the world's private equity deals happen in Africa, the world's poorest continent. But with the potential for higher returns, more investors may be lured to take the risk. Terry FitzPatrick has the story.
With the series finale of "The Sopranos" last week, HBO finds itself for the first time with no smash hit and nothing in the pipeline. But it'll be interesting to watch how they handle that huge transition, says Daily Variety's Mike Speier.
The Swiss Central Bank has raised interest rates by 0.25 percent and some analysts are warning investors to be prepared for dramatic moves in global currency markets in the months ahead. Stephen Beard explains.
Not exactly shocking information given the wage disparities between the U.S. and our neighbor to the south. But, say researchers, that doesn't mean if borders were opened that a third of Mexicans would really leave. Dan Grech reports.
Marriott is teaming with famed boutique designer Ian Schrager to develop a new, edgier brand to compete for a new, younger class of business travelers. Ashley Milne-Tyte has details.
When economic bubbles burst, a ripple of devastating effects inevitably follows. Investors can lose everything, tens of thousands of workers may lose their jobs. But there's usually an upside says author Daniel Gross, even in the deflating housing market.