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: Tasso Argyros, 27
Funding: About $25 million from Sequoia Capital, Institutional Venture Partners, JAFCO Ventures, Cambrian Ventures, and First-Round Capital, plus angels David Cheriton, Rajeev Motwani, and Ron Conway
When MySpace (NWS) wants to calculate how its tens of millions of users are spending time on its site, it turns to little-known Aster Data Systems. The startup's powerful data analysis software is able to run efficiently because it cuts down on data flowing between servers. That eliminates a key bottleneck in software performance and makes it alluring to MySpace and other clients. Argyros, who was born in Greece, quit his Stanford University PhD program to start the company. "Every successful company has to have a dropout," he says. But Aster faces strong competitors, including Oracle (ORCL), and IBM (IBM), and Teradata (TDC).
Lessons learned: "A lot of our customers buy Aster because we can add more business value to the bottom line," says Argyros. "That's a message that works inside and outside a recession."