SAN FRANCISCO (AP) - Struggling Web game maker Zynga gave new CEO Don Mattrick a $5 million signing bonus and stock awards valued at $40 million to lure him away from his previous job overseeing Microsoft's Xbox console for video games.
WASHINGTON (AP) - College students taking out new loans for the fall term will see interest rates twice what they were in the spring - unless Congress fulfills its pledge to restore lower rates when it returns after the July 4 holiday.
WASHINGTON, D.C. (AP) - The IRS has informed Tyco International Ltd. that it has disallowed roughly $2.86 billion in interest and deductions recognized by the company in its U.S. tax returns for the 1997-2000 tax years, according to a filing Monday with the Securities and Exchange Commission.
SAN FRANCISCO (AP) - He's not heading out to pasture, but the CEO of "FarmVille" maker Zynga Inc. is stepping aside as the troubled online game company looks to revive itself and lift its stalled stock price.
Every time I write a column in which I point out how difficult it is to qualify for Social Security disability benefits, as I did several weeks ago, my inbox is flooded with emails from folks who are convinced the disability program is rife with "waste, fraud and abuse." Everyone claims to know someone who is cheating the system. They've got a brother-in-law who is getting disability checks but working and getting paid "under the table." Or they have a neighbor living off the government disability dole but who is "healthy as a horse and always doing work around ...
TORONTO (AP) - Shares of BlackBerry maker Research In Motion plunged nearly 30 percent Friday after the company posted a loss and warned of future losses despite releasing its make-or-break new smartphones this year.