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The Top News
5:46 PM - Friday, May 24, 2013
7 hour ago
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Washington Post /
PARIS — Christine Lagarde, director general of the International Monetary Fund, wound up more than 25 hours of interrogation Friday night without any accusation being leveled against her for a contested decision to accept arbitration in a multi . . .
5 hour ago
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FOXBusiness.com
Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.
4 hour ago
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BBC
Chilean authorities fine the world's largest gold mining company, Barrick Gold Corp, more than $16m for environmental offences at an Andean mine.
6 hour ago
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Washington Post /
Emilio Garcia-Ruiz was named The Washington Post’s managing editor for digital, video and presentation departments on Friday and said he would try to “help find a way out of the industry’s predicament.” Read full article >>
7 hour ago
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CNNMoney.com
Investors have been rattled this week amid signs that some Fed officials are concerned the central bank is being too accommodative.
RELATED STORIES:
- Fed's Bullard: ECB May Need New Stimulus - WSJ.com
- Bernanke: Fed Sticks to Stimulus Measures, but Changes Loom - Minyanville / Commodity Hq
- Stocks fall as Fed weighs cutting stimulus - deseretnews.com
5 hour ago
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from Seeking Alpha /
By James Picerno: New orders for durable goods rebounded with a 3.3% gain in April after a sharp drop in March, the Census Bureau reports. That's more than double the expected gain, according to the median forecast from economists, as compiled . . .
RELATED STORIES:
- Durable Goods Order Glass Half Empty ... Still - from Seeking Alpha / Marc Chandler
- Stock Futures Down as Market Shrugs Off Durable Orders Rebound - s Blog
- Stock futures trim losses as durable orders rise - MarketWatch.com
7 hour ago
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on The Huffington Post
NEW YORK, May 24 (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. . . .
8 hour ago
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CNBC
Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service.
RELATED STORIES:
- Yahoo has offered to buy Hulu: report - MarketWatch.com
- Yahoo Has Offered To Buy Hulu: Report - FOXBusiness.com
9 hour ago
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on The Huffington Post /
Don't believe austerity can kill you? Then you should feel totally safe driving over our nation's crumbling bridges.
An epic government spending squeeze in the past two years has curbed economic growth, cost millions of jobs, damaged public . . .
RELATED STORIES:
- Bridge Collapse Will Slam Local Economy - CNBC
- The Lede: Video of Bridge Collapse North of Seattle - NY Times / Jennifer Preston
- No Fatalities in U.S. Bridge Collapse - WSJ.com: World
17 hour ago
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DailyFinance
Filed under: Earnings, Retail, Consumer Goods, StocksJustin Sullivan/Getty Images
Abercrombie & Fitch reported Friday a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages, and the teen clothing ret . . .
RELATED STORIES:
- Market News: Google, Sears, Abercrombie & Fitch, Procter & Gamble - ValueWalk.com / Vikas Shukla
- Abercrombie & Fitch Posts Loss, Lower Sales - WSJ.com
- Abercrombie & Fitch: Sorry! - on The Huffington Post / Jade Walker
7 hour ago
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Yahoo! News: Business News
By Doug Palmer and Liana B. Baker WASHINGTON (Reuters) - An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose the United States to Ch . . .
RELATED STORIES:
- US senators raise flag over SoftBank’s Sprint bid - Money Supply blog on central banks
- Sprint, SoftBank complete U.S. state regulatory review process - Yahoo! News: Business News
- Some in Congress Grow More Wary of Selling Sprint to SoftBank of Japan - DealBook
4 hour ago
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Yahoo! News: Business News
WASHINGTON (AP) — Health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.
7 hour ago
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on The Huffington Post
SAN FRANCISCO (AP) — Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service.
The award-winning show about the dysfunctional Bluth fami . . .
8 hour ago
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WSJ.com
Bausch & Lomb is nearing a deal to sell itself to Valeant for about $9 billion.
9 hour ago
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NPR Topics
The Federal Trade Commission is in the early stages of opening an antitrust probe into how Google runs its online display advertising business, according to a report by Bloomberg News, citing sources who want to remain anonymous because the FTC . . .
RELATED STORIES:
7 hour ago
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FOXBusiness.com
U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States.
8 hour ago
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MarketWatch.com
When CEOs are better the second time around — and when they aren’t.
RELATED STORIES:
- P&G's Lafley is Latest CEO to Retake Helm - FOXBusiness.com
6 hour ago
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on The Huffington Post
-- The Boy Scouts of America will get no reprieve from controversy after a contentious vote to accept openly gay boys as Scouts.
Dismayed conservatives are already looking at alternative youth groups as they predict a mass exodus from the B . . .
RELATED STORIES:
- Important dates that shaped Boy Scouts of America, other fun facts - deseretnews.com
5 hour ago
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CNBC
The S&P appears headed to 1,700, Barry Bannister says.
5 hour ago
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Fool.com
After four consecutive weeks of gains, stocks post a losing week.
RELATED STORIES:
- Stock Upgrades: Changing Tides Makes Procter & Gamble a Better Bet - Minyanville / Justin Sharon
- Procter & Gamble brings back former CEO AG Lafley to revive growth - news
- P&G Doesn't Have 'Any Bigger Problem' - WSJ.com
