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Plan for the worst
Dec 4 
At the Fortune 500 Forum, American Express chief Kenneth Chenault says CEOs should prepare their companies for the possibility of a long recession. morevideo
Where will investment bankers go?
6:08am · By Beth Kowitt
The industry is being hit hard by layoffs. To survive the restructuring, bankers will need to be highly flexible.  more
Dec 4 · By Michael V. Copeland
Investor Daily: Post-1987 reforms ensured the stock markets react in real-time to news, which is magnifying uncertainty about the future. more
6:11am · By Sue Zesiger Callaway
With the new 911 Targa 4S, Porsche upgrades the most iconic sports car with a bevy of technical treats. more
Dec 3 · By Alex Taylor III
Without government aid, the automaker says it will be broke by New Year's. But does its restructuring plan go far enough? more
Leadership
The next generation of management experts is changing the way business gets done. more
  • Companies 
    Liz Claiborne's extreme makeover
    CEO Bill McComb has remade the apparel company from frumpy to fresh by jettisoning stale brands and focusing on Juicy Couture, Kate Spade and Lucky Jeans. So why is the stock down 90% since he took the helm? more
  • international 
    The country that became a hedge fund
    Okay, not really. But Iceland's main banks and business tycoons took huge risks and its citizens borrowed to the hilt. Now this island nation is paying the price. more
  • retail 
    DirtCheapCouture.com
    How a New York startup put fashion sample sales online and established a recession-resistant business model in the process. more
  • careers 
    5 tips for keeping your job
    How do to stay employed when it seems like no one is safe. more
  • Investor Daily 
    Stocks in the bargain bin
    Investor Daily: Consumer staple stocks are usually a good bet in a recession - if you know when to get out. more
  • economy 
    The VAT trap
    Like it or not, there's only one way we're going to be able to pay for our ballooning deficit: a value-added tax. more
  • energy 
    Oil speculation: It's back
    There's more of it today than there ever was this summer. And this time around, it really is making oil more expensive. more
Meeting of green minds & hammers
This year's Greenbuild conference in Boston showed off the latest innovations in sustainable construction. morevideo
Green city in the desert
Abu Dhabi is building a city that runs on solar power, recycles all waste, and bans cars. How will it work? more
Hawaii to build electric car network
By Todd Woody
Silicon Valley startup Better Place signs deal with the governor and the state's biggest utility to build a network of charging stations across the Hawaiian islands. more
CompanyPrice% Change
Tenneco Inc 2.51 -26.18%
Lear Corporation 1.85 -19.91%
Peabody Energy Corp 17.73 -19.34%
Chesapeake Energy Corporation 11.53 -18.23%
Dec 4 3:57pm ET †
IndexLast% Change
Dow Jones8,376.24-2.57%
Nasdaq1,445.56-3.14%
S&P 500845.22-2.93%
10yr110 7/32Yield: 2.57%
Dec 05 9:16am ET †
CompanyPrice% Change
Adobe Systems Incorporated 20.21 -10.33%
SanDisk Corporation 8.09 -10.31%
LSI Logic Corporation 2.82 -9.03%
Western Digital Corporation 11.55 -8.55%
Dec 4 3:59pm ET †
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer