New 401(k) Rules Could Mean Windfall for Workers
By
Mark Andrews
The rules governing America’s most popular retirement vehicle are about to change, and that could mean huge savings for millions of workers building nest eggs for their golden years.
Spurred by the U.S. Labor Department’s effort to force plan administrators and investment companies to disclose the cost of 401(k) retirement plans, companies are looking to reduce fees and offer new investing choices, wsj.com reported Friday (2/3).
Under current rules, it is difficult—if not impossible—for many 401(k) participants to determine how much they are paying in fees. More…
Facebook Set to Introduce Mandatory ‘Timeline’
By
WEALTH Magazine Staff
Facebook’s biggest user-interface overhaul since the Wall, the Facebook Timeline, is now becoming mandatory for all members, TechCrunch reminded users in this report Friday (1/27).
According to Facebook, everyone will get the new Timeline over the next few weeks. And here’s the important part: when you do, you’ll have just seven days to preview what’s there and hide anything you don’t want others to see.
In case you’re unfamiliar, the Facebook Timeline makes it far easier for you to travel back through your Facebook posts – posts that normally disappeared off your Wall and into oblivion, More…
Google+ Strong Out of Gate, No Threat to Facebook
By
Christopher Evan
Google+, the Internet giant’s social-media network unveiled in 2011, already has 62 million users and is growing rapidly, according to new research. But so far it hasn’t appeared to put a dent in Facebook’s hegemony over that market.
So which network should your business choose? The standard answer is Facebook, which is still much larger with more than a half-billion users and better known. But don’t think you can just ignore Google+. Analysts told Computerworld that they expect Google+ to make major inroads in 2012. More…
Maker of Twinkies, Ding Dongs Files for Chapter 11
By
Mark Andrews
So you say you still haven’t gotten around to trying a deep-fried Twinkie at the county fair? You might want to put that on your Bucket List as Hostess Brands Inc. filed for Chapter 11 bankruptcy protection Wednesday (1/11) to confront crushing debt and labor costs that the privately-held baker says have left it fighting to compete.
The Irving, Tex., company’s move marks the second significant court restructuring in the past several years, wsj.com reported. In a statement, Hostess said the current cost structure “is not competitive, More…
Which Way Will Gold’s Roller Coaster Travel in 2012?
By
WEALTH Magazine Staff

Gold prices ended 2011 up about 10 percent over a year earlier, but prices fell over the last few months of the year. What’s in store for 2012?
The yellow metal has risen in price every year for the past 11 years. But analysts are split over whether the trend will continue in 2012. Still, some of the underlying conditions that tend to lead to high prices for gold — low interest rates and slow economic growth — are likely to continue well into 2012.
So if you agree with that philosophy, it may not make sense to sell your gold or gold-backed investments just yet. In fact, a further dip in price may be considered a buying opportunity. More…
Giant Firms Compete for Lucrative Facebook IPO
By
Mark Andrews
Who will win the sweepstakes for the investment-banking blockbuster deal of 2012 — the initial public offering of stock for internet colossus Facebook?
Up for grabs is the coveted lead investment-banking role in the social-networking site’s multibillion-dollar IPO. Long-time rivals Goldman Sachs Group Inc. and Morgan Stanley are considered front-runners, according to a report Friday (12/30) on wsj.com.
The Menlo Park, Calif., company plans to file its offering documents early in the new year, a person familiar with the matter has said, meaning that a decision on bankers could come soon. More…
New Software Lures Tech Geniuses, Investor Capital
By
Mark Andrews
Want to know what the Next Big Thing in tech is? It may well be something called Hadoop.
Who says it’s the NBT? How about all the smart people from established Silicon Valley giants like Cisco and Google who are leaving secure, well-paying jobs to join startups that embrace this new technology. And then there are the venture capitalists and other investors jumping aboard what just may be the new tech gravy train.
Simply stated, Apache’s Hadoop is software for managing “big data.” It makes it cheap and easy to store massive bits of information and then sift through it to find interesting trends, More…
How to Stay Married — Happily, That Is
By
Christopher Evan
Are you married? If you are, do you want to stay married?
Most of us who are married would immediately reply: “Of course I want to stay married.”
But are you taking the steps that are really necessary to ensure that you will?
Marriage means choosing to love someone every day, moment by moment — and showing that choice to your spouse with your actions. That advice is from Lori Lowe, creator of the popular marriage blog, Marriage Gems.
Lowe says that the ability to forgive is perhaps the No. 1 factor More…
‘Doing Good’ Can Help Your Business Do Well
By
WEALTH Magazine Staff

Do you “do good” while you’re “doing well” in business? One can impact the other as plenty of companies are finding that having a social purpose beyond profit ends up being good for business too.
Here are a couple examples of people who designed a higher purpose into their businesses from the beginning. Perhaps they’ll inspire you to come up with a way to do good while your business is doing well.
New Apps Bollix Web Giants’ Ad Campaigns
By
Mark Andrews
Stop what you’re doing and shed a tear for our biggest and dearest Web giants. According to a report Friday (12/9) on wsj.com, a new generation of controversial advertising software is wreaking havoc on the ad businesses of companies such as Facebook Inc., Google Inc. and Yahoo Inc. by inserting an uninvited layer of ads on websites or covering up other paying ads.
The software comes, for example, in the form of applications that allow people to customize their Facebook profiles More…