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The Top News
12:43 AM - Tuesday, May 21, 2013
13 hour ago
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MarketWatch.com
Internet pioneer to pay $1.1 billion for popular blogging-service provider.
RELATED STORIES:
- Yahoo's rise in Asia offsets risk from Tumblr bet - Reuters
- Why Don't Startups Like Tumblr Get Their Customers To Invest? (Instead Of Sell To Yahoo) - forbes.com / Cheryl Conner
- Tumblr's Issues for New Parent Yahoo - CNBC
5 hour ago
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money.cnn.com
Read full story for latest details.
5 hour ago
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FOXBusiness.com
The Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against the ratings agency, saying its statements on certain financial products were fraudulent and not mere "puffery".
5 hour ago
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Yahoo! News: Business News
By Mari Saito TOKYO (Reuters) - Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No . . .
8 hour ago
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on The Huffington Post
MOORE, Okla., May 20 (Reuters) - A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two . . .
RELATED STORIES:
- Stunning Time-Lapse Video Of 2-Mile Wide Oklahoma Tornado - zerohedge.com / Tyler Durden
- Tornado on the ground in Oklahoma City area - Reuters
- Oklahoma City Tornado Pictures: 'Total Devastation' - Business Insider
13 hour ago
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news /
There would be no winners and only economic losers if the UK quit the European Union, Goldman Sachs has warned in a note.
RELATED STORIES:
- Goldman exits China's ICBC, seven years and billions later - Yahoo! News: Business News
- Abbott Laboratories lifted to buy at Goldman Sachs - MarketWatch.com
7 hour ago
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MarketWatch.com
Australian stocks decline, and Hong Kong equities pull back from a three-day winning run, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.
11 hour ago
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Yahoo! News: Business News
By Patrick Temple-West and Poornima Gupta WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate . . .
RELATED STORIES:
- Dave Johnson: Apple Avoiding Billions and Billions of Dollars in Taxes - on The Huffington Post / Dave Johnson
- Apple avoids taxes with ‘complex web’ of offshore entities, Senate inquiry finds - Washington Post / Cecilia Kang
- Apple avoided billions in taxes: Senate report - MarketWatch.com
3 hour ago
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WSJ.com
Actavis agreed to acquire Warner Chilcott for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specialty pharmaceutical brands and shrinking its tax burden.
5 hour ago
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money.cnn.com
Read full story for latest details.
8 hour ago
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Reuters
WASHINGTON (Reuters) - Two senior White House aides knew weeks ago that a probe of the Internal Revenue Service had found that the U.S. tax agency had inappropriately targeted conservative groups, but did not tell President Barack Obama, a Whit . . .
RELATED STORIES:
- White House knew IRS probe findings earlier - Washington Post
5 hour ago
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money.cnn.com
The Internet asked Marissa Mayer to "please make Flickr awesome again," and in turn, the Yahoo CEO is revamping her company's photo-sharing service.
5 hour ago
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MarketWatch.com
LOS ANGELES (MarketWatch) -- Chinese hackers who allegedly broke into Google Inc. databases accessed valuable information about U.S. knowledge of Chinese espionage activities, the Washington Post reported late Monday. The cyber-intrusions, whi . . .
6 hour ago
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Yahoo! News: Business News
MUMBAI (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment. Mur . . .
4 hour ago
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Yahoo! News: Business News
BANGKOK (AP) — The price of oil rose toward $97 per barrel Tuesday, but gains were checked as investors waited for the Federal Reserve's latest views on the U.S. economy.
5 hour ago
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Reuters
WASHINGTON (Reuters) - A Senate panel will try on Tuesday to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt . . .
5 hour ago
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Yahoo! News: Business News
By Masayuki Kitano SINGAPORE (Reuters) - "Will he or won't he?" is the question investors want answered at Wednesday's Congressional testimony by Federal Reserve Chairman Ben Bernanke, as suspense builds on whether the Fed will soon start taper . . .
7 hour ago
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MarketWatch.com
Large, devastating tornadoes sweep through Oklahoma City and neighboring towns, killing at least 51 people as they lay waste to numerous buildings, including more than one elementary school.
13 hour ago
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NPR Topics
Microsoft has had few blockbuster successes in recent years. On Tuesday, when the tech giant is scheduled to introduce its new Xbox, it will be targeting more than just hard-core gamers. Analysts say Microsoft will also be aiming to make its co . . .
RELATED STORIES:
- Microsoft Xbox Event: 7 Things To Watch For - from Seeking Alpha / Chris Katje
11 hour ago
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CNBC
Pushing out Jamie Dimon would have no benefit for JPMorgan, Brad Hintz says.
RELATED STORIES:
- History favors Jamie Dimon in chairman-CEO debate - USATODAY.com Money News
- Dimon Vote: A Referendum on Governance - CNBC
- Jamie Dimon Has Never Liked Being Told What To Do - Clusterstock / John Carney
