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Ray Hennessey

Ray Hennessey is editorial director of Entrepreneur.com. Previously, he was director of business news at the FOX Business Network, where he managed day-to-day editorial operations for the channel. Before joining FOX News in 2007, Ray spent a decade at Dow Jones in a variety of positons, notably editor of SmartMoney.com and news editor for Dow Jones Newswires. For six years, he authored the IPO Outlook column for The Wall Street Journal and appeared daily on CNBC television. He was also a regular on-air contributor to CBS News.

30 Recent Stories

Meet the Newest Member of the Billionaires Club: Sam Adams Creator Jim Koch

Meet the Newest Member of the Billionaires Club: Sam Adams Creator Jim Koch

Jim Koch, who built the Sam Adams brand from a small microbrewery into the second-largest American brewery, has landed on the Bloomberg Billionaires Index.
September 10, 2013 in Leadership
U.S. Labor Participation Rate at Lowest Level Since the 1970s

U.S. Labor Participation Rate at Lowest Level Since the 1970s

In a troubling sign for the U.S. economy, fewer Americans are working and more are giving up even trying.
September 6, 2013 in Hiring Center
Private-Sector Hiring Slows in August; Medium-Sized Businesses Drive New Payrolls

Private-Sector Hiring Slows in August; Medium-Sized Businesses Drive New Payrolls

The private sector added 176,000 new jobs in August, down from 198,000 in July and marking the lowest level since May, according to the ADP Employment Report.
September 5, 2013 in Hiring Center
U.S. Small-Business Borrowing Hits Highest Level in 6 Years

U.S. Small-Business Borrowing Hits Highest Level in 6 Years

American small businesses increased their borrowing to their highest levels in six years in July, in a sign that many owners are anticipating an uptick in economic activity.
September 4, 2013 in Bank Loans and Microloans
Why the SBA Should Be Abolished

Why the SBA Should Be Abolished

Perhaps there was a time when the Small Business Administration served a purpose for businesses, but that time has passed, writes Ray Hennessey.
September 4, 2013 in SBA and Government Funding
Ronald Coase, Lighthouses and Elon Musk

Ronald Coase, Lighthouses and Elon Musk

Many entrepreneurs may not know Ronald Coase, but their work has benefited from his ideas.
September 3, 2013 in Leadership
5 Reasons the Fast-Food Worker Protests Are Off Base

5 Reasons the Fast-Food Worker Protests Are Off Base

No one wants families to suffer, or go hungry or not receive fair pay for the quality of their skill. But that's not what these protests are about, writes Ray Hennessey.
August 30, 2013 in Franchises
6 Reasons Why Mark Hurd Should Be Microsoft's Next CEO

6 Reasons Why Mark Hurd Should Be Microsoft's Next CEO

Despite his ouster from H-P, Mark Hurd is the one man with all the skills needed to help Microsoft complete its transformation.
August 24, 2013 in Leadership
Yahoo Beats Google in Monthly Traffic for First Time Since 2011

Yahoo Beats Google in Monthly Traffic for First Time Since 2011

Yahoo beat archrival Google in traffic in July even without having Tumblr traffic added to its tally, according to comScore.
August 22, 2013 in News and Trends
When the Axe Swings, Your Worst Employees Will Outperform

When the Axe Swings, Your Worst Employees Will Outperform

Conventional wisdom suggests that companies have been able to maintain output with fewer employees because bosses took care to fire the worst workers and keep their stars. A new study is turning that
August 22, 2013 in Motivation and Retention
Another Site Shuts Down on Government Surveillance Fears

Another Site Shuts Down on Government Surveillance Fears

Groklaw, generally considered the go-to web community for legal issues related to technology, has abruptly shut down, citing the U.S. government's surveillance of emails.
August 20, 2013 in News and Trends
Facebook Wrong in Refusing to Pay Helpful Hacker

Facebook Wrong in Refusing to Pay Helpful Hacker

A hacker who found a flaw in Facebook reported it to the company but was ignored. When he finally got the company's attention by posting directly on Mark Zuckerberg's wall, he was punished for it.
August 19, 2013 in News and Trends
Taxi Company Weaves Out of L.A.'s Regulatory Traffic Jam

Taxi Company Weaves Out of L.A.'s Regulatory Traffic Jam

A taxi company in Los Angeles has found a way to allow passengers to hail cabs through their smartphones, notching a victory in the city's regulatory civil war.
August 19, 2013 in Innovation
Regulators Keep Punishing Square for Doing Nothing Wrong

Regulators Keep Punishing Square for Doing Nothing Wrong

The mobile-payment processor has been fined by yet another state for operating without a money-transmission license though it doesn't actually transmit money.
August 16, 2013 in News and Trends
The Half-Baked Plan for Pot Legalization

The Half-Baked Plan for Pot Legalization

Increasingly, marijuana is seen as a potentially big financial opportunity. But the tax man is making it a business buzz-kill.
August 15, 2013 in Tax Center
Why the EPA and FAA Are Killing Musk's Better Idea

Why the EPA and FAA Are Killing Musk's Better Idea

Along with pushing the Hyperloop, Elon Musk ponders supersonic air travel. Trouble is, it is against the law.
August 14, 2013 in Innovation
Billionaire Investor Carl Icahn Sets Eye on Apple

Billionaire Investor Carl Icahn Sets Eye on Apple

Carl Icahn took to Twitter on Tuesday to tease his latest target, Apple, which he said was 'extremely undervalued.' He also said he had taken a 'large position' in the company.
August 14, 2013 in News and Trends
Small-Business Confidence Levels Rise, But Not Fast Enough

Small-Business Confidence Levels Rise, But Not Fast Enough

Small-business owners are marginally more confident than they have been, but their optimism remains below historic norms, a new report finds.
August 13, 2013 in Business Management
Why California Can't Be Home to the Hyperloop

Why California Can't Be Home to the Hyperloop

Forget Los Angeles to San Francisco. Given California's brutal regulatory climate, Elon Musk has a much better chance linking Austin to Dallas, writes Ray Hennessey.
August 13, 2013 in News and Trends
Bitcoin Companies Subpoenaed Over Regulatory Concerns

Bitcoin Companies Subpoenaed Over Regulatory Concerns

New York state financial regulators have issued subpoenas asking Bitcoin-related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illeg
August 12, 2013 in News and Trends
5 Reasons the IRS's New Focus on Small Businesses Is Ridiculously Egregious

5 Reasons the IRS's New Focus on Small Businesses Is Ridiculously Egregious

The IRS is sending letters to tens of thousands of small businesses asking if they are underreporting revenue, according to new reports.
August 12, 2013 in Tax Center

In a Win for Apple, ITC Orders Import Ban on Some Samsung Products

Apple got a boost late Friday when the International Trade Commission ruled that rival Samsung infringed on some of its iPhone-related patents for older Galaxy phones and tablets.
August 10, 2013 in News and Trends
Netscape's 18th Birthday Is Today. Here's Why You Should Care.

Netscape's 18th Birthday Is Today. Here's Why You Should Care.

Netscape's memory has left a complicated free-market legacy, with some good and bad effects felt nearly two decades down the line.
August 10, 2013 in News and Trends
Amid Surveillance Concerns, Email Services Pull Plug on Themselves

Amid Surveillance Concerns, Email Services Pull Plug on Themselves

Two prominent secure email services have shut down, apparently under pressure from the federal government.
August 9, 2013 in News and Trends
E-Commerce Auctions Seen as Boring and Too Much Work

E-Commerce Auctions Seen as Boring and Too Much Work

According to a new report, the number of transactions made in online auctions is shrinking even as e-commerce grows.
August 7, 2013 in Sales

Consumer Spending Flat for Last Three Months: Poll

Despite other economic data to the contrary, U.S. consumer spending may not be as healthy as some believe.
August 5, 2013 in Personal Finance
Free Trade Bad for Workers? Don't Believe It

Free Trade Bad for Workers? Don't Believe It

There has been much angst over the Trans-Pacific Trade Agreement, but the argument that freer trade is bad for workers doesn't hold water, writes Ray Hennessey.
August 5, 2013 in Innovation
Would You Let Your Employees Drink on the Job?

Would You Let Your Employees Drink on the Job?

A Portuguese court ruled that employees could drink alcohol at work. Is it a human resources nightmare or happy perk?
August 3, 2013 in Human Resources
The Dark Truth About the Falling Unemployment Rate

The Dark Truth About the Falling Unemployment Rate

The unemployment rate is dropping not because more people are finding work, but because more people have stopped looking for work.
August 2, 2013 in Human Resources
Why Exxon's Lower Profit is Bad for Taxpayers

Why Exxon's Lower Profit is Bad for Taxpayers

While some lawmakers are quick to join in the chorus of complaints about 'Big Oil', it's companies like Exxon that send the bags of cash to Washington for Congress to squander, writes Ray Hennessey.
August 1, 2013 in Cash Flow & Money Management