More than 30 partners have fled the law firm this year after an earnings miss in 2011 was followed by a controversial compensation review this January. Its response? Get used to it.
FORTUNE -- For a guy who is supposed to be overseeing the meltdown of the law firm he runs, Steven Davis cuts a pretty mellow figure. Over the course of a one-hour sit down in the midtown Manhattan headquarters of MOREDuff McDonald, Contributing Editor - Mar 22, 2012 2:38 PM ET
The more general point that Meredith Whitney was trying to make about public debt -- that municipal finances in this country were a mess that was only going to get messier -- was dead on.
FORTUNE -- To readers of the business press, the story is a familiar one: fifteen months ago, superstar analyst Meredith Whitney rocked the world of municipal finance with a December 2010 prediction on 60 Minutes that a MOREDuff McDonald, Contributing Editor - Mar 12, 2012 10:26 AM ET
Alberta Finance Minister Ron Liepert has a message for U.S. politicians: We'll find a way to get our oil down south with or without Keystone. That, or it might just go to China.
FORTUNE -- The world has turned upside down. First, despite a decade-long exercise in hand-wringing about reducing American dependence on the oil of, shall we say, "unfriendly" governments, the U.S. just put the kibosh on a deal with Canada MOREDuff McDonald, Contributing Editor - Feb 15, 2012 11:48 AM ET
Miriam Adelson is not your average billionaire's wife. In an exclusive interview with Fortune, the medical doctor, businesswoman and philanthropist emerges as no less accomplished — or powerful — than her larger-than-life spouse.
FORTUNE -- The business world knows quite well who Sheldon Adelson is -- the eighth richest American who has alternately lost and recouped tens of billions of dollars in the casino business over the last few years. A MOREDuff McDonald, Contributing Editor - Feb 8, 2012 5:00 AM ET
If company executives can't figure out how to invest their money back into their own businesses, they're going to have to return it to their shareholders. This year may finally be the year for that.
FORTUNE -- When Apple announced its latest quarterly earnings last week, the most amazing thing wasn't that it once again blew away Wall Street's expectations. This company is on a roll of unprecedented proportions, and it's MOREDuff McDonald, Contributing Editor - Jan 31, 2012 5:00 AM ET
UBS just launched instruments to let investors turn risk on or off. Is it really that simple?
FORTUNE -- Imagine if investing were as simple as a light switch. When you're feeling good, you turn it on. When you're not, off. Even if you're manic, and change your mind about your feelings every single day, it's as simple as that: ON or OFF. Well, imagine no more! That's the state the MOREDuff McDonald, Contributing Editor - Dec 21, 2011 11:04 AM ET
Paul Allen, Elon Musk, Peter Thiel....they're all dropping bushels of cash on things they think are cool that won't likely ever make money. Good for them.
FORTUNE -- Leave it to a tech billionaire to once again raise the bar on space exploration. With news that Paul Allen plans to build the largest plane ever—the wings will be 385 feet long—geeks all over the world are surely rejoicing. The plane, which MOREDuff McDonald, Contributing Editor - Dec 15, 2011 2:18 PM ET
The former chief of the bankrupt firm MF Global heads to Capitol Hill on Thursday. Here are some questions for Jon Corzine's congressional grillers.
FORTUNE -- Suggestions from management gurus or consultants that things are moving faster than ever before have always been off-putting. Things are always moving faster than ever before, and so in some sense nothing is changing at all. It's never truly different this time around.
Jon Corzine has MOREDuff McDonald, Contributing Editor - Dec 7, 2011 8:37 AM ET
If you're into buying stocks on the turn, now may be the time for Netflix.
FORTUNE -- If you're looking for a stock to kick around and are getting bored of banks, look no further. I present to you Netflix, the undisputed whipping boy of late 2011.
It all started with the controversial price hike in the summer and continues to this very day. Earlier this week, Netflix dropped a "double bomb" on MOREDuff McDonald, Contributing Editor - Nov 23, 2011 5:00 AM ET
Forget emerging markets. The best investment opportunities right now might just be in our own backyard.
FORTUNE -- Woe is the investor who has tried to pick a bottom in U.S. financial stocks at any time in the past few years. Unless their timing has been dead-on, they have surely gotten burned by one or more instances when the industry's stocks have cratered on some new fear. The current bogeyman? Italy, MOREDuff McDonald, Contributing Editor - Nov 16, 2011 10:48 AM ET
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