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BusinessWeek.com -- Finance

Is Facebook Sucking Oxygen Out of the IPO Market?
Wed, 16 May 2012 20:40:26 EDT
Despite the biggest tech IPO ever, the flagging stock market has prompted an increasing number of companies to halt plans to go public
Unlocking the Crude Oil Bottleneck at Cushing
Wed, 16 May 2012 06:00:42 EDT
This week the Seaway pipeline will start sending oil from Cushing, Okla., to the Texas Gulf Coast. How will that impact the price of oil?
Can Corporate America Ever Be Cured?
Tue, 15 May 2012 15:53:41 EDT
Years after collapse, congressional hearings, and new regulations, the hubris of chief executives has hardly missed a beat
Assessing the Odds of a Greek Euro Exit
Tue, 15 May 2012 14:58:19 EDT
Despite intensifying drama, Greece could still end up sticking with the euro
Trading Loss Haunts Dimon at JPMorgan Chase's Annual Meeting
Tue, 15 May 2012 12:08:33 EDT
Shareholders peppered Chief Executive Officer Jamie Dimon with questions and criticism about the bank's management and practices
How Did the Original J.P. Morgan Do It?
Tue, 15 May 2012 05:59:01 EDT
The hedging debacle at JPMorgan Chase raises a big question: How much does the economy benefit from many activities of the modern financial system?
Another Woman Loses a Top Spot on Wall Street
Mon, 14 May 2012 14:37:59 EDT
JPMorgan Chase's Ina Drew leaves after a $2 billion loss
JPMorgan's Big Loss: Volcker's Not So Dumb After All
Fri, 11 May 2012 10:30:44 EDT
The bank's $2 billion loss on a derivatives bet is a black eye for CEO Jamie Dimon
Jeffrey Gundlach, Bond Savant
Thu, 10 May 2012 19:14:10 EDT
In just two years, Gundlach's DoubleLine Capital has amassed $34 billion in assets. So who is this bond guru who left TCW on really bad terms?
Homeownership: Back to the Mean
Thu, 10 May 2012 19:10:35 EDT
The rate of homeownership is roughly where it was for decades after World War II
Bank-Loan Funds: A Risky Reach for Yield
Thu, 10 May 2012 19:06:17 EDT
The high yields on offer draw investors to a product they may not understand
States Borrow to Cover Pension Fund Shortfalls
Thu, 10 May 2012 19:00:16 EDT
From California to Florida, states and municipalities are issuing pension bonds to cover retirement fund shortfalls
London's Russian IPOs
Thu, 10 May 2012 18:56:14 EDT
Russian companies prefer to list their shares in London
Debit Overdraft Fees Still Confound Consumers, Survey Finds
Thu, 10 May 2012 17:10:47 EDT
A Pew study finds that one in five consumers continues to pay overdraft fees on debit cards, despite new regulations
Bloomberg View: Paul Ryan and Paul Volcker
Thu, 10 May 2012 17:05:59 EDT
Ryan agrees: Banks shouldn't trade like hedge funds
Bid & Ask: The Deals of the Week
Thu, 10 May 2012 17:00:21 EDT
Carl Icahn wins control of oil refiner CVR Energy; Li Ka-shing's Hutchison Whampoa bids for Irish phone company Eircom Group; and more
Yes, Germany Might Boost Inflation. Here's How
Thu, 10 May 2012 13:40:48 EDT
To help the euro zone's periphery nations become more competitive, Germany is finally conceding it must allow higher inflation
Where Has All the Stock Trading Gone?
Thu, 10 May 2012 06:00:20 EDT
Public exchanges lose out as trading moves to dark pools and wholesalers
Green Mountain Coffee: A Giddy Win for Short-Sellers
Wed, 09 May 2012 21:46:06 EDT
Governance questions and weaker fundamentals have given short-sellers of Green Mountain stock plenty of reasons to feel vindicated
Housing Bottom? Fannie Mae Won't Seek Tax Dollars
Wed, 09 May 2012 13:14:52 EDT
For the first time since 2008, the ward of the state doesn't need to take money from taxpayers to balance its books
A Heady Time for Muni Bonds
Wed, 09 May 2012 06:03:23 EDT
Those predictions of widespread defaults were greatly exaggerated
Why Dan Loeb Loves Yahoo's Résumé-Gate
Tue, 08 May 2012 06:00:26 EDT
Activist investor Loeb hopes an error he spotted in Yahoo Chief Executive Scott Thompson's résumé will let him appoint a successor
A Family's Struggle to Keep, Then Sell, Its Home
Mon, 07 May 2012 17:47:18 EDT
Upon her death, a California woman's mortgage problem passed to her children, who must market an underwater home
The Left and the Right Take Aim at the Fed
Mon, 07 May 2012 14:35:13 EDT
Congress comes up with new ways to dilute the Federal Reserve's power

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 Word of the day 

Merriam-Webster's Word of the Day for May 17, 2012 is:

maffick • \MAF-ik\  • verb
: to celebrate with boisterous rejoicing and hilarious behavior

Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.

"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011

Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.

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