LinkedIn To Go Public
The popular business networking site “LinkedIn” has filed for an IPO worth an estimated $175 million dollars. Co-founder and billionaire in the making Reid Hoffman, made the announcement yesterday, but did not indicate how many shares or at what price range they would be offered. The company has approximately 90 million users and is currently […]
In: Business Stories · Tagged with: Billionaire, Business Networking, Co Founder, Facebook, Great Potential, Hoffman, Ipo, Linkedin, Members, Million Dollars, Networking Giant, Salary Information, Social Networking
Ford To Issue Profit Sharing Bonuses
Ford has just finished one of their most profitable years ever and wants to reward employees for this incredible accomplishment. UAW workers can expect to receive profit sharing bonuses this year that will likely be the largest in the last decade. White collar workers on the other hand are not going to receive salary increases […]
In: Business Stories · Tagged with: Accomplishment, Counterparts, Ford, Last Decade, Profit Sharing, Salaries, Salary Increases, Salary Information, Uaw Workers, White Collar Workers
Andrew Biggs on States Underfunded Pension Funds
Andrew Biggs (a former Social Security analyst and Assistant Director of the Cato Institute’s Project on Social Security Choice) offers his perspective on the serious problem of States with underfunded pension funds. The problem is one of solvency in which liabilities exceed the states assets. He has proposed that states change the way they report […]
In: Business Stories · Tagged with: Accounting, Andrew Biggs, Assets, Assistant Director, Bond Offerings, Cato Institute, Hook, Liabilities, Market Valuation, Pension Funds, Pensions, Perspective, Salary Information, Shortfall, Social Security, Social Security Analyst, Solvency, Taxpayers, Unfunded Liability, Valuation Rules
