Give more independence to the Scots—paired with a statement that there will be no more votes for a long time to come
The move comes as GM's blue-chip brand is finally considered in range of—if not quite on par with—the best German luxury rides
Unresolved economic conflicts simmer during a tenuous cease-fire
In becoming Oracle's chairman and chief technology officer, Ellison will leave the software giant he founded in the hands of co-chief executive officers Mark Hurd and Safra Katz
The popular premixed funds are supposed to get more conservative as retirement gets closer. What “conservative” means is open to interpretation
With "activity-based working," you lose your desk and gain your freedom—all for better efficiency
The NFL is facing its worst crisis in 50 years. Why is Commissioner Goodell so sure he won't lose his job?
Two dozen live shows will broadcast professors' ideas for 40 hours a week, serving as a way to broaden Wharton's reach
A report finds high default rates on franchise loans
Founders: Dennis C. Bottorff, Toby S. Wilt, Greg Daily, James S. Turner, Julie D. Frist, Earl Bentz, Claire W. Tucker
Investment over the last four quarters: $25 million (from a private equity investor)
CapStar, a 47-employee bank founded in Nashville in July, raised an initial $25 million from private equity investor Corsair Capital and an additional $62.5 million in common stock. The bank, which claims to be the highest capitalized startup bank in Tennessee history, focuses on small and midsize businesses, commercial real estate, and personal banking. It estimates bringing in $1.2 million in revenues in 2008.
Key to startup success: "There are three primary decisions that were made that we believe will make CapStar successful: a well thought out business strategy; a large capital raise that enables us to focus on long-term growth; [and] selection of an experienced board of directors and management team."