Forbes-Forbes Media Chairman and Editor-in-Chief Steve Forbes attends a press conference in Kuala Lumpur on September 12, 2011. (SAEED KHAN/AFP/Getty Images)
Buffett-backed Chinese Auto Maker BYD Loses $1 Billion
Shares in Warren Buffett-backed BYD Co. Ltd. posted their biggest-ever single-day drop in Hong Kong on Thursday, wiping $1.2 billion from the Chinese car maker's market value and prompting it to hold emergency analyst calls.... [Full Story]
Pacific Investment Management Co expects global growth to accelerate in [Full Story]
Russia's steps to defend the ruble, which has plunged 45 percent [Full Story] |
The wealth gap between the country's upper-income and middle-class families [Full Story]
The unprecedented hack of Sony Pictures which a U.S. official says is [Full Story]
The U.S. economy can handle higher interest rates, and the Federal [Full Story]
CNBC commentator Ron Insana isn't too happy with the Federal Reserve's [Full Story]
Major League Baseball teams might have an "open season" signing Cuban [Full Story]
The spiraling energy meltdown is the new housing crash, according to David [Full Story]
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting the labor market continued to strengthen. [Full Story]
Takata Corp., the embattled air-bag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its chief executive officer in U.S. and German newspapers. [Full Story]
President Vladimir Putin said Russia shouldn't waste currency reserves protecting the ruble as the country braces for a recession brought on by the collapse of the oil price and sanctions over the Ukraine conflict. [Full Story]
The spiraling energy meltdown is the new housing crash, according to David Stockman, White House budget chief in the Reagan White House. [Full Story]
The wealth gap between the country's upper-income and middle-class families has risen to a record high, according to a new study from the Pew Research Center. [Full Story]

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