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The Top News
9:07 PM - Friday, May 24, 2013
6 hour ago
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CNBC
Visa and MasterCard asked a judge to declare that credit-card fees paid by retailers are legal.
10 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
- U.S. Government Would Approve 'Security' Director at Sprint Amid Security Jitters - FOXBusiness.com / Matt Egan
- Dish Network campaigns against SoftBank in bid for Sprint - Washington Post / Cecilia Kang
11 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 Begins New Talent Hunt - WSJ.com
12 hour ago
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NPR Topics
The plan, first announced last year, would break up the company's publishing and entertainment arms, and satisfy investors who are put off by the slow growth of its newspapers.
RELATED STORIES:
- News Corp to take charge of up to $1.4 billion this quarter - Yahoo! News: Business News
- News Corp adopts ‘poison pill’ in split - Money Supply blog on central banks
- News Corp's publishing business to initiate stock buyback - Reuters
7 hour ago
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FOXBusiness.com
The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse.
5 hour ago
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Reuters
MOUNT VERNON, Washington (Reuters) - A bridge collapse that sent cars and drivers plunging into the frigid Skagit River in Washington state, raising concerns about the safety of the nation's aging infrastructure, was caused when a truck crashed . . .
RELATED STORIES:
- Skagit River Bridge Collapse A Grim Reminder Of Austerity's Bite - on The Huffington Post / Mark Gongloff
- Bridge Collapse Will Slam Local Economy - CNBC
- Bridge Collapses In Washington State - on The Huffington Post / Jade Walker
10 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 . . .
7 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.
4 hour ago
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Washington Post /
Bank of America, Wells Fargo and other large banks are dragging their feet in processing homeowners’ requests for lower monthly payments under the $25 billion national mortgage settlement, said New York Attorney General Eric Schneiderman in a l . . .
5 hour ago
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CNBC
With the exit of P&G's CEO, Bill Ackman collected another big-game trophy. How's his fund doing? Let's check the score.
7 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.
8 hour ago
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WSJ.com
Orders for long-lasting goods rose in April, largely fueled by aircraft purchases, but other signals suggested the nation's manufacturing sector remains sluggish.
RELATED STORIES:
- Durable Goods Rise More Than Expected In April - from Seeking Alpha / James Picerno
- Durable Goods Order Glass Half Empty ... Still - from Seeking Alpha / Marc Chandler
- Stock futures trim losses as durable orders rise - MarketWatch.com
5/23/2013
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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 . . .
RELATED STORIES:
- P&G dumps CEO - management.fortune.cnn.com
11 hour ago
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MarketWatch.com
SAN FRANCISCO (MarketWatch) - Yahoo Inc. has made an offer to acquire Hulu, a media report said Friday. Yahoo, which has just announced a deal to buy Tumblr for $1.1 billion, has joined other bidders for the popular online video site, the AllT . . .
RELATED STORIES:
10 hour ago
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Yahoo! News: Business News
By Karen Freifeld NEW YORK (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 servici . . .
10 hour ago
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forbes.com /
Just a few months after escaping an antitrust case on its search ads, Google is now the subject of a Federal Trade Commission probe of its display-ad business.
RELATED STORIES:
8 hour ago
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WSJ.com
Ista Pharmaceuticals has agreed to pay $33.5 million to resolve charges that it promoted its anti-inflammatory drug Xibrom for unapproved uses in an effort to boost sales, the Justice Department said.
9 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 he 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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money.cnn.com
New residents are flocking to these 10 cities - from Phoenix to Houston to San Diego.
5 hour ago
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Reuters
NEW YORK (Reuters) - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path.
