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Kazuo Hirai Succeeds Howard Stringer At Sony

Sony has announced it's getting a new CEO. Welsh-born Howard Stringer, Sony's first non-Japanese leader, will be replaced by Japanese-born Kazuo Hirai. Stringer has long urged the company to have Hirai succeed him. Sony is struggling with falling sales, especially in its TV division, and a rising Yen.
NPR

CEO's Voice Tone Can Speak Volumes

Can the emotional tone of CEO voices during earnings calls tell investors about what's really happening inside a company? New research suggests there may be valuable information for investors in the tone of the CEO's voice.
NPR

Unions Shocked By American Airlines Proposed Cuts

American Airlines is looking to cut 13,00 jobs as part of a restructuring. The company — which is in bankruptcy — also wants to reduce salaries by 20 percent and end its pension plan.
NPR

Zynga CEO Wants To Bring Playtime To The Masses

Mark Pincus' company is the maker of FarmVille and other games played on Facebook. He's worth $1.3 billion, and he may see that number grow if he meets his goal: to expand the universe of digital game players from sci-fi geeks to soccer moms and their kids.
NPR

Sour Economy Has Nevada Looking For New Jackpot

The recession has been particularly cruel in Nevada. The state has the nation's highest unemployment rate and highest foreclosure rate. That's made the state's budget situation difficult, to say the least. Now Nevada hopes to broaden its tax base beyond the mainstays of tourism and gambling.
NPR

Obama Outlines Fresh Mortgage Refinancing Plan

President Obama is trying again to revive the nation's housing market. Past efforts have come up short, and this one faces long odds in Congress. On Wednesday, he outlined a program designed to make it easier for homeowners to refinance into cheaper mortgages.
NPR

Will Facebook's Shares Be Worth The Price?

Facebook's IPO could value the company at up to $100 billion. That would make it a very expensive stock for a company whose earnings are strong but not stratospheric. Investors who take the plunge will be making a wager that Facebook can capture a very large share of the advertising market.

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