Can a technology bull revive the economy?

Yelp stock rises more than 60% in its first day of trading.  As internet IPOs add excitement to the markets, investors speculate if a booming technology sector can revive economy at large.  Monica Mehta, Fortune’s Adam Lashinsky and trader Jonathan Hoenig speak with Fox’s Neil Cavuto to discuss the day’s news making stories.

BusinessWeek: Structuring a Business with Investors in Mind


In the early days of starting a business, you might be tempted to gloss over ownership structure, equity stakes, and other seemingly boring details. After all, you might think, as long as you keep taxes low, paperwork uncomplicated, and partners motivated, better to deal with the big stuff first. But these decisions can have a significant cost down the road, particularly for entrepreneurs who seek outside investors.  Read more of my latest column at businessweek.com

Can the average investor get a piece of the Facebook IPO?

It’s speculated that when Facebook goes public, only 5% of total shares will be offered for sale.  With high expected demand for shares, it’s unlikely that anyone but super clients of preferred broker dealer will get access on IPO day.  The Power & Money power panel discussed this and more with Fox’s David Asman.

Occupy Apple?

Apple is facing a user backlash from some of its dedicated fanbase. AfterThe New York Times ran a seven-page expose on worker conditions at the Foxconn factory in China, which produces products for Apple among other top electronics brands, Apple’s biggest fans are calling for change.

Is the economy starting to become Obama’s friend?


We’re seeing some good economic news lately. Does it mean we’ve turned the corner with the economy?  I for one think we need to take the latest indicators with a grain of salt.  The latest economic figures (+325K jobs) are riddled with caveats,  including seasonal employment, end of year accounting adjustments.  Americans are still not spending, maxing credit cards to pay for gas and rent, and Europe remains one hot mess.

Toyota’s new hybrid car vastly outsells the Volt

New Toyota hybrid Aqua ½ the price of Volt and already has pre-orders 10X Volt sales this year.  What does that tell us about govt. ability to pick winners and losers?

Sears to close 120 stores


Sales have been slumping at Sears for the past 18 quarters.  Consumers are buying fewer higher ticket items, tough for a retailer known for appliance sales.   And Walmart’s new layaway program is taking a bite out of sales with low income shoppers. Even the Kardashian Kollection can’t save this retailer.

Are we better off than we were four years ago?

While we can’t exactly have Doc  Brown fire up the Delorean to change the past,  the last four years have provided valuable lesson for Americans.  Now more than ever we need leadership that is focused on creating jobs first and foremost.  Fox’s David Asman and the power panel discussed this and more on Tuesday’s Power & Money.

New York Times best of small business roundup gives two thumbs up to my latest column

Gene Marks of the New York Times recommends you shore up your personal finances pre start-up by reading my latest BusinessWeek column
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Is a Southwest Airline bankruptcy around the corner?


Airline bankruptcies are a tale as old as time.  Southwest has lost a  historical cost advantage it once enjoyed, as its labor costs per seat have risen by 32% while competitors have used bankruptcy to beat expenses down.  Today, southwest’s labor costs exceed its competition by 10-20%.  Unless they can collectively find a way to get passengers to pay more, labor is looking at a haircut, by cooperation or force.  We discussed this and more on Tuesday’s  Power & Money with David Asman.