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The Top News
10:24 PM - Tuesday, May 21, 2013
11 hour ago
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on The Huffington Post /
JPMorgan Chase shareholders have signed a billion-year contract to join the Cult Of Jamie Dimon. For better or worse.
With their overwhelming vote on Tuesday to let Dimon keep both his chairman and CEO titles at the biggest U.S. bank, shareh . . .
RELATED STORIES:
- Dimon is dead; long live Jamie Dimon - MarketWatch.com
- Someone Claiming To Be Jamie Dimon Arrested By Homeland Security - forbes.com
- Jamie Dimon Crushes Critics - CNBC
10 hour ago
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forbes.com /
Microsoft revealed its new console, the Xbox One, today, and the console race is officially on. It's not close to finished, but both Sony and Microsoft have had a chance to give us a first look at their new consoles, and I'm handing this first . . .
RELATED STORIES:
- Microsoft's New 'Xbox One' Can Measure Heart Rate - forbes.com / Dan Munro
- At Xbox Reveal, Microsoft Hides A Priceless Asset - forbes.com / Haydn Shaughnessy
- Did Microsoft Just Kick Apple Out of the Living Room? - Mashable / Pete Pachal
3 hour ago
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USATODAY.com Money News
Department of Energy program gets companies to share energy reducing strategies.
7 hour ago
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Yahoo! News: Business News
WASHINGTON (AP) — Far-reaching legislation that grants a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary Committee on a solid bipartisan vote Tuesday night after supporters somb . . .
14 hour ago
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DealBook /
The Hong Kong securities regulator announced on Tuesday that it had discovered possible financial irregularities at the just-shuttered Hong Kong Mercantile Exchange and said it referred the matter over to the police for investigation.
RELATED STORIES:
- Asia Markets: Hong Kong, Sydney stocks fall; Tokyo ends up - MarketWatch.com
- Hong Kong stocks retreat; ICBC shares drop - MarketWatch.com
- Hong Kong probes commodities market - BBC
5 hour ago
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Yahoo! News: Business News
(Reuters) - Merck & Co Inc said it has entered into a $5 billion share repurchase agreement with Goldman Sachs Group Inc, as the drug giant looks to prop up shareholder value in face of stiff competition from makers of less-costly generics. Und . . .
RELATED STORIES:
- Eastman Chemical Co. Presents at Goldman Sachs Basic Materials Conference 2013, May-21-2013 03:00 PM - from Seeking Alpha
- UK exit from EU would be 'loss/loss scenario', warns Goldman Sachs - news / Louise Armitstead
- Goldman exits China's ICBC, seven years and billions later - Yahoo! News: Business News
4 hour ago
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Yahoo! News: Business News
By Deepa Seetharaman DETROIT (Reuters) - Ford Motor Co is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in U.S. market share. The second-largest U.S. autom . . .
7 hour ago
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WSJ.com
ESPN was in the process of laying off a few hundred workers, a sign that the hugely profitable sports cable-TV powerhouse is responding to the rising fees it pays to air games as well as other changes in the media industry.
RELATED STORIES:
- ESPN cutting workforce as it looks to 'smartly' manage costs - Yahoo! News: Business News
- Report: ESPN Laying Off Hundreds - Mashable / Lauren Indvik
7 hour ago
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WSJ.com
It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.
3 hour ago
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CNNMoney.com
Herbalife hired Pricewaterhouse Coopers as its new accounting firm. KPMG resigned last month after discovering one of its partners was providing illegal stock tips on clients.
12 hour ago
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MarketWatch.com
Apple Inc.’s chief executive Tim Cook defended the tech giant’s tax practices in a lengthy Senate hearing on Tuesday, telling lawmakers that the company is acting fairly and also laying out targets for lowering its tax burdens.
RELATED STORIES:
- Apple CEO Defends Tax Practices At Senate Hearing - NPR Topics
- Apple's Cook faces Senate questions on taxes - Yahoo! News: Business News
- Tim Cook defends Apple tax policy in Senate hearings – as it happened - The Guardian / Jim Newell
5 hour ago
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CNBC
The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its inflation target.
5 hour ago
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CNBC
North America's largest chocolate manufacturer Hershey's is veering away from tradition to bite into the world's fastest growing candy market.
3 hour ago
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CNNMoney.com
Read full story for latest details.
14 hour ago
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MarketWatch.com
Goldman Sachs is raising its 2013 target for the S&P 500 to 1750. Maury Fertig of Relative Value Partners says a lot has to go right for that to happen.
RELATED STORIES:
- Goldman Sachs Raises Price Target on American Express (AXP) - Dividend Stocks - The Dividend Daily / Shauna O'Brien
- Can Bernanke Rein in Those Dollar Bulls? - CNBC
8 hour ago
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CNBC
The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets.
4 hour ago
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Yahoo! News: Business News
TOKYO (Reuters) - The Bank of Japan on Wednesday decided to keep monetary policy on hold, but one board member tried unsuccessfully to loosen the central bank's commitment to achieving its 2 percent inflation target within two years. In a unani . . .
5 hour ago
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WSJ.com
Japan posted its 10th straight monthly trade deficit—$8.58 billion in April—in a sign that a rebound in exports has yet to outweigh higher imports on the back of a weaker yen and greater energy needs.
7 hour ago
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on The Huffington Post /
Best Buy chief executive officer Hubert Joly is counting on new, branded mini-stores inside his big box stores to beat online retailers.
Joly is in love with Best Buy's new Samsung Experience shops. Now, he said he intends to expand the co . . .
6 hour ago
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Yahoo! News: Business News
By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Sen . . .
