Americans' wealth reached an inflation-adjusted record last year thanks to a surging stock market and rising home values, laying the groundwork for stronger economic growth. But benefits have unfolded unevenly.
EMC dominates the data-storage systems business. But its $23.2 billion in revenue and margins of 62.3% are inviting attacks by startups eager to disrupt its markets with cheaper, more powerful technology.
The defense lawyers for five former employees of Bernard L. Madoff's securities firm began their closing arguments by aggressively attacking the credibility of the government's star witness in the fraud trial.