It's not uncommon for fragile countries to seize pension assets. That's far less likely in America, but the government still poses a risk to retirement saving
The retailer has pledged to spend an additional $250 billion over the next 10 years on U.S.-made products
Obama can reassure the public and instill confidence that the investigation will be conducted properly
A credit card-size computer lets students choose among 10 operating systems
Oil majors are committing more than $90 billion to oil that costs a lot to extract—deepwater oil deposits, drilling in the Arctic, Canadian oil sands. If prices crash, those companies will be seriously exposed
The deceptively simple symbol is packed with allusions
States whose residents most frequently mention kale on Twitter correlate with liberal voting, while those tweeting about bacon are distinctly more conservative
Banks such as Goldman are giving employees more time off, and young analysts say the changes are making their lives more fun
A law intended to curb demand for material from poachers has antique dealers shopping for real estate
Entrepreneur: Kevin Pomplun, 27
Funding: $13.2 million from Draper Fisher Jurvetson, RRE Ventures, BlackRock, Esther Dyson
Subscription services from Bloomberg and Thompson Reuters (TRI) give finance pros a window on news about the industries they cover. But SkyGrid goes a step further, giving users a quick sense of whether the news has a positive or negative spin. Created by University of Southern California grad Kevin Pomplun in 2005, SkyGrid resembles a real-time news feed. Headlines viewed as positive are colored in green; those seen as negative are red. Neutral news is white. To sniff out a story's slant, Pomplun and his team devised a method for filtering news based on the reputation of the source, relevance of the article, and overall bias as determined by words and phrases. The site recently removed a $500 per month subscription fee and entered into a private test mode that's free to former subscribers; SkyGrid will eventually be free to the public, drawing all revenue from advertising.
Lessons learned: "Do one thing, and do it well. If you focus on doing one thing over five years, I think you will end up with more results people are looking for."