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The Top News
9:28 PM - Tuesday, May 21, 2013
10 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:
- Jamie Dimon Crushes Critics - CNBC
- JPMorgan Chase CEO Spared By Shareholders - NPR Topics
- Dimon Prevails; JPMorgan Avoids Job Split - CNBC
8 hour ago
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forbes.com /
To be clear, Microsoft made no official healthcare announcement today. At least none that I'm aware of. They did, however, announce their latest home entertainment console - the new Xbox One (pictured above) - and that does make for some really . . .
RELATED STORIES:
- Why Microsoft Needs To Focus On Video Games At Its Xbox Announcement Today - forbes.com / Erik Kain
- Microsoft's Innovation That Apple Missed - from Seeking Alpha / Justin Jaynes
- Will Xbox One Win? - DailyFinance / Rick Munarriz
3 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 . . .
4 hour ago
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WSJ.com
New U.S. Energy Secretary Ernest Moniz raised the possibility of delaying further approvals for companies to export natural gas, saying he wants to review whether government studies of the issue are adequate.
6 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 . . .
6 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.
9 hour ago
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CNBC
ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs, a source said.
RELATED STORIES:
- ESPN Is Cutting Jobs - WSJ.com
- Report: ESPN Laying Off Hundreds - Mashable / Lauren Indvik
13 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
3 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 . . .
2 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.
11 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
- Lawmakers grill Apple’s Tim Cook, other executives on taxes - Washington Post / Hayley Tsukayama
- Live Blog: Apple and Corporate Taxes - bits.blogs.nytimes.com
7 hour ago
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Yahoo! News: Business News
By David Henry TAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit. And it worked. At the ban . . .
RELATED STORIES:
- Dimon keeps JPMorgan chairman title after bruising battle - Yahoo! News: Business News
- JPMorgan's Dimon to remain chairman after vote: reports - Reuters
- Dimon clings to JPMorgan chairman title, after fight - Reuters
13 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 lifts S&P 500 target 5% for 2013 - MarketWatch.com
- Goldman Sachs Raises Price Target on American Express (AXP) - Dividend Stocks - The Dividend Daily / Shauna O'Brien
- UK exit from EU would be 'loss/loss scenario', warns Goldman Sachs - news / Louise Armitstead
7 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.
3 hour ago
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FOXBusiness.com
The Bank of Japan held its policy unchanged at the end of its two-day meeting Wednesday, while saying that the economy was improving.
6 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 . . .
4 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:
- Merck Enters Share Repurchase Agreement With Goldman Sachs - Fool.com
- Goldman Sachs Selling ICBC Stake - WSJ.com
- Goldman exits China's ICBC, seven years and billions later - Yahoo! News: Business News
4 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.
7 hour ago
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FOXBusiness.com
As federal prosecutors circle Steven A.
RELATED STORIES:
- Scandal or not, one SAC investor can't get enough of Steve Cohen - Yahoo! News: Business News
- SAC Settlement Talks Off After Subpoena - CNBC
2 hour ago
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CNNMoney.com
Retiring boomers are helping the recreational vehicle industry get back on track. Here are 8 choices for traveling in style.
