The highly anticipated JPMorgan shareholder meeting felt more like a lunch gathering of a local Toastmasters than Ground Zero of the governance movement.
By Jennifer Reingold, senior editor
FORTUNE -- It was just another beautiful day in Tampa. The sun shone, birds sang, and the manicured lawn at the suburban campus of JPMorgan Chase sparkled as though it had never been touched by shoes before. It probably hadn't before Tuesday morning, MORE
May 21, 2013 1:11 PM ET
Yahoo is formally buying Tumblr, but it's really buying Tumblr's leader.
By Charlie O'Donnell
FORTUNE -- You can do the math on Tumblr's pageviews, throw in some expected CPM, weighted average cost of capital, and try to justify the $1.1 billion that Yahoo (YHOO) is spending on Tumblr.
I think you'd be kidding yourself if that's what this was all about. The Tumblr community isn't going anywhere, but that's really not the MORE
May 20, 2013 8:14 AM ET
There is a good case for Yahoo to buy Tumblr. But there's a better case for it not to.
By John Saroff
FORTUNE -- It looks like Yahoo has offered to buy Tumblr for the sticker-shock price of $1.1 billion.
Maybe we shouldn't be surprised, since just a few days ago Yahoo CFO Ken Goldman spoke about the need for the company to be "cool" again. But Yahoo (YHOO) shareholders invest for returns, not for cool. Yahoo employees MORE
May 19, 2013 3:24 PM ET
How well-heeled money to conservative tax exempts triggered confusion and chaos inside the IRS -- and why the big bucks may be likely to surge.
By Lynnley Browning
FORTUNE -- The Internal Revenue Service's effort to scrutinize conservative groups, many bankrolled by "shadow money" from Wall Street to Kansas to Las Vegas, has sparked a political firestorm. But the aftermath may ignite donations to the secretive entities by right-leaning corporations and MORE
May 16, 2013 5:00 AM ET
Traders mostly shrugged off the Bloomberg snooping story. Then many users were alarmed when they found out messages had been posted online -- it's where many of them conduct most of their business.
By Cyrus Sanati
FORTUNE -- Bloomberg LP must go further to ensure their customers' sensitive data is truly secure. The company dodged a bullet last week as traders on Wall Street and in the City of London shrugged MORE
May 15, 2013 12:32 PM ET
Businesses organized as partnerships account for 35% of all sales. So why are we taxing them at higher rates than other corporations?
By Stephen Chipman and Doreen Griffith
FORTUNE -- The top concern for certain business entities seeking to compete on a level playing field through tax reform has not yet been addressed.
Ways and Means Chairman Dave Camp has released a tax reform discussion draft that would simplify the tax rules for MORE
May 14, 2013 12:44 PM ETAs bad as things are -- especially for the poor, the young, the unemployed, and other vulnerable segments of the economy -- things need to get worse to overcome the enormous active inertia that is now embedded in the political systems and institutions.
By Mohamed El-Erian
FORTUNE -- In Happy Feet, one of my 9-year-old daughter's favorite movies a few years ago, a young penguin (Mumble) takes on the colony's wise MORE
May 13, 2013 9:04 AM ET
If the recent quarter's pace continues, 2013 will become a landmark year for saying goodbye to America, tax-wise.
By Lynnley Browning
FORTUNE -- Americans are ditching their U.S. passports in record numbers, a sign of growing frustration with a system that taxes U.S. citizens on their global wealth whether they live in Montana or Mongolia.
The latest bold-faced names to relinquish their U.S. citizenship include Mahmood Karzai, a brother of Hamid Karzai, MORE
May 8, 2013 1:35 PM ET
Readers weigh in with their personal observations about why American men are struggling economically.
By Nina Easton, senior editor
FORTUNE -- There is a growing consensus among scholars on the right, left, and center that the state of median-income men in America is in distress.
They've endured a three-decade drop in earnings. Even before the financial crash, prime-age men were dropping out of the workforce altogether, and the problem has only worsened MORE
May 8, 2013 9:17 AM ET
Startups should keep employee upside in equity.
By Eric Paley
FORTUNE -- Venture-backed startups are incredibly ambitious. A startup team comes together to try to create something highly improbable and well beyond what can reasonably be expected given the scarce resources at hand. Once financed, everyone at the startup should have a reasonable salary, but the real compensation for achieving the improbable is equity.
Inevitably, I get into a discussion with my MORE
May 6, 2013 2:53 PM ET