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The Top News
4:06 PM - Wednesday, May 22, 2013
5 hour ago
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FOXBusiness.com
Electric carmaker Tesla Motors Inc on Wednesday paid off its U.S. Department of Energy loan nine years earlier than required, using money raised last week in a stock and debt offering.
RELATED STORIES:
- Tesla repays $465M loan early - money.cnn.com
- Tesla CEO On Repaying Taxpayer Loan: I Hope We Did You Proud - forbes.com / Joann Muller
7 hour ago
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Yahoo! News: Business News
By Lucia Mutikani WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington. The National Associ . . .
RELATED STORIES:
- Home sales close in on three-and-a-half year high - Reuters
- Home sales continue to climb - money.cnn.com
- Existing Home Sales Rise 0.6%, Missing Expectations - Clusterstock / Mamta Badkar
6 hour ago
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FOXBusiness.com
Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday.
10 hour ago
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news
The FTSE neared its highest ever level and US stocks briefly entered record territory as US Federal Reserve chairman Ben Bernanke said it would not slam the brakes on quantitative easing any time soon.
RELATED STORIES:
- Bernanke says more progress needed before stimulus pullback - Yahoo! News: Business News
- Stocks rise on Fed stimulus hopes, home sales - Yahoo! News: Business News
- Stocks fall on news Fed weighed cutting stimulus - Yahoo! News: Business News
7 hour ago
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on The Huffington Post
BELMAR, N.J. — New Jersey Gov. Chris Christie, whose own state was beset first by a major storm last year and then by squabbling in Congress over disaster aid, said Wednesday that Oklahoma's tornado victims deserve "swift and immediate" help an . . .
RELATED STORIES:
- Cost of Oklahoma tornado seen topping $2 billion - MarketWatch.com
- BEFORE/AFTER PHOTOS: Oklahoma Tornado Destruction - on The Huffington Post
- Wireless Carriers Report Some Damage, Congestion After Oklahoma Tornado - FOXBusiness.com
10 hour ago
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SmartMoney.com
Commentary: Good luck with this one, Marissa Mayer.
RELATED STORIES:
- Yahoo, Tumblr And Social Media Stuck In Neutral - forbes.com / Alex Kantrowitz
- Yahoo Buys Tumblr: Instagram Or Flickr? - from Seeking Alpha
- Early Tumblr Investor Slams Report About How Much Everyone Made On Yahoo Deal As 'Complete Garbage And Incorrect' - Business Insider / Jay Yarow
3 hour ago
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money.cnn.com
Survivors trying to rebuild their lives and homes could find that their insurance companies are a big obstacle.
RELATED STORIES:
- FEMA offers aid to tornado victims - KOCO.com
- Florist Donates Flowers For Funerals Of Tornado Victims - on The Huffington Post / Ron Dicker
7 hour ago
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on The Huffington Post
WASHINGTON, May 22 (Reuters) - The city of South Miami, Florida, defrauded investors by not disclosing problems with the tax-exempt status of two conduit bond deals that were used to finance a mixed-use retail and parking structure, the U.S. . . .
4 hour ago
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Yahoo! News: Business News
By Deepa Seetharaman and Norihiko Shirouzu DETROIT/TOKYO (Reuters) - A team including former General Motors Co executive Bob Lutz and China's largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the "green" car . . .
3 hour ago
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WSJ.com
Toll Brothers' profit rose 46% in its second quarter as the luxury-home builder reported revenue growth well above Wall Street expectations, amid higher orders and average selling prices.
3 hour ago
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Minyanville
Today was very intense due to the overnight policy decision from the Bank of Japan Bernanke's testimony to the Congressional Joint Economic Committee and the minutes from the May FOMC meeting. Existing home sales for April rose to an annual . . .
RELATED STORIES:
- Treasurys pare some losses on FOMC minutes - MarketWatch.com
10 hour ago
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Yahoo! News: Business News
WASHINGTON (AP) — The Internal Revenue Service official at the center of the storm over the agency's targeting of conservative groups told Congress on Wednesday that she had done nothing wrong in the episode, and then invoked her constitutional . . .
RELATED STORIES:
- IRS official refuses to testify in Tea Party probe - USATODAY.com Money News
- Official Claims Treasury Had No Role In Big Scandal - on The Huffington Post
- IRS official takes 5th at hearing - CNN.com
4 hour ago
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Yahoo! News: Business News
By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with en . . .
3 hour ago
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CNBC
Wal-Mart is making moves to cash in on its mobile strategy and it's using big data to do it.
6 hour ago
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Washington Post /
On the Internet, words never die. Abercrombie & Fitch's CEO Mike Jeffries learned that the hard way in recent weeks as the company's brand has been battered online and on television for comments he made seven years ago. Read full article >>
9 hour ago
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CNBC
If it sounds like Fed Chair Ben Bernanke is dancing in his testimony, it's because he is doing rhetorical figure eights in trying to signal where the Fed is going.
RELATED STORIES:
- U.S. stocks, gold recoil after Bernanke bond talk - MarketWatch.com
- MarketWatch First Take: How Bernanke blew it - MarketWatch.com
3 hour ago
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on The Huffington Post
FRANKFURT (Reuters) - German software company SAP is looking to recruit people with autism as programmers and product testers, drawing on skills that can include a close attention to detail and an ability to solve complex problems. . . .
6 hour ago
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Washington Post /
For any avid readers who have read our coverage of the fluoride wars, we now have results on the latest battle: Portland has rejected fluoridated water by a 20-point margin, with 60 percent of voters against and 40 percent in favor. Read full . . .
3 hour ago
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CNNMoney.com
Read full story for latest details.
5 hour ago
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WSJ.com
France's Carrefour said it is selling its 25% stake in a Middle Eastern joint venture to local partner Majid Al Futtaim Holding for €530 million ($686 million).
