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The Top News
11:27 PM - Thursday, May 23, 2013
4 hour ago
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CNNMoney.com
Nikkei trading higher after worst day in two years.
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7 hour ago
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Washington Post /
Federal investigators have begun probing whether Google is using its increasingly potent position in the online advertising market to undermine competition, an issue officials have monitored since its acquisition of digital ad company DoubleCli . . .
8 hour ago
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Yahoo! News: Business News
By Jessica Wohl (Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring. Lafley is taking on the roles of . . .
6 hour ago
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MarketWatch.com
Responding to the recent sharp increases in long-term interest rates, Japanese Prime Minister Shinzo Abe reiterates his commitment to fiscal consolidation, as he tries to put aside any doubts about his resolve to undertake painful reforms.
6 hour ago
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on The Huffington Post /
The Interstate 5 Bridge over the Skagit River in Washington state collapsed around 7 p.m. on Thursday, dumping cars and people into the water, KIRO-TV reported.
According to the Trooper Mark Francis, public information officer for the Washin . . .
9 hour ago
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Washington Post /
On Thursday, the 1,400 voting members of the National Council of the Boy Scouts of America voted to approve a resolution that would remove the restriction denying membership to youth based on their sexual orientation. "While people have differ . . .
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6 hour ago
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MarketWatch.com
LOS ANGELES (MarketWatch) -- Google Inc. may enter a potential bidding war with Facebook Inc. for Israeli mobile-app developer Waze Inc., according to an anonymously sourced Bloomberg News report late Thursday. Earlier news reports had tipped . . .
7 hour ago
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Yahoo! News: Business News
NEW YORK (AP) — It was another ugly quarter for Sears Holdings Corp.
20 hour ago
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ABC News
Morning Business Memo… Wall Street may be in for a wild ride today after a sharp retreat for stocks in Japan. US stock futures dropped after the Nikkei index in Tokyo plunged 7.3 percent overnight, its worst one-day loss in more than two years. . . .
RELATED STORIES:
- Asia Markets: Japan stocks plunge back into losses - MarketWatch.com
10 hour ago
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forbes.com /
Activist investor Bill Ackman has had a rough year with the failure of his handpicked CEO at J.C. Penney, Ron Johnson, and a so-far wrong way short bet on Herbalife. He's probably smiling tonight, though, after Procter & Gamble announced the de . . .
3 hour ago
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CNBC
Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago.
8 hour ago
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Washington Post /
DETROIT — Chrysler Group and Tesla Motors, both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million Wednesday to repay the remaining portion of its U.S. Department of Energy loan, with . . .
RELATED STORIES:
- Tesla repays $465M loan early - money.cnn.com
- Tesla CEO: With loan repayment, U.S. taxpayers made $20M profit off us - GigaOM / Katie Fehrenbacher
- Tesla Proves Critics Wrong - NPR Topics
4 hour ago
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money.cnn.com
Network generates more power than 500 supercomputers. Daily electricity use: $200,000.
11 hour ago
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FOXBusiness.com
Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets.
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- Institutional Shareholder Services settles civil charges on leaked data - Washington Post / Dina Elboghdady
6 hour ago
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CNBC
Investor optimism over the outlook for the Japan's stock market remains unshaken.
3 hour ago
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Yahoo! News: Business News
BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.
8 hour ago
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WSJ.com
Lois Lerner, the IRS official at the center of a controversy over targeting of conservative groups, was placed on administrative leave as of Thursday, according to a person familiar with the situation.
RELATED STORIES:
- IRS's Lerner put on leave, report says - MarketWatch.com
20 hour ago
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FOXBusiness.com
Initial claims for unemployment benefits dropped to 340,000, pushing claims below the 350,000 mark that economists associate with a firming job market.
RELATED STORIES:
- New Home Sales Rise, Jobless Claims Drop - ABC News
- Initial Jobless Claims Stay Just Above Normal Expansionary Level - from Seeking Alpha / Hale Stewart
- Coming up: Weekly U.S. jobless claims - MarketWatch.com
7 hour ago
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CNBC
The massive plunge in the Nikkei on Wednesday will not derail the government's "Abenomics" policy, said Japanese officials.
3 hour ago
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Yahoo! News: Business News
By Ian Chua SYDNEY (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are st . . .
