With a raft of cybersecurity proposals under consideration in Congress, the U.S. business community is making increasingly clear that it opposes new regulations that would require private companies to adhere to minimum performance standards or report all cyber intrusions they experience to the government.
The arguments for growth policies as opposed to austerity are taking center stage in Europe after the French and Greek elections. French President-elect Francois Hollande was voted in to a large extent because of his pro-growth, anti-austerity rhetoric, but he is not rejecting austerity altogether.
As the nation's roughly 78 million baby boomers move into old age, the need for long-term care will soar. But when it comes to long-term-care insurance, relatively few sign up. The policies can be expensive and some big insurance companies have stopped offering them.
It's known as the quiet period — the SEC-mandated time before an initial public offering when a company's top officials have to avoid anything close to hype. And with Facebook's IPO expected next week, CEO Mark Zuckerberg and his colleagues are pretty much staying mum.
The new Fortune 500 list that chronicles the largest American corporations was released on Monday. Melissa Block talks with Andy Serwer, managing editor for Fortune magazine, about which companies made the list this year and what that says about the current state of the economy.
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