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The Top News
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12:42 AM - Friday, March 06, 2015
9 hour ago - WSJ.com
WASHINGTON—The largest U.S.-based banks are strong enough to keep lending during a severe recession, the Federal Reserve said Thursday, a sign many banks will soon get permission to return profits to investors by raising dividends or buying bac . . .
3/4/2015 - CNBC
Alibaba is launching a cloud computing hub, showing its global ambitions in the face of stiff and entrenched competition.
9 hour ago - DealBook / Andrew Pollack
Strategically, the $21 billion deal for Pharmacyclics seems to make sense for AbbVie, but at least some analysts said the company had paid too much.
6 hour ago - MarketWatch.com
A new Chinese policy plan that promotes a shift to an economy driven by consumers and entrepreneurial vigor also recognizes that the transition from state spending and smokestack industries is years away.
5 hour ago - money.cnn.com
Thieves are using stolen credit card data to make bogus purchases on Apple Pay, Apple's mobile payment system.
5 hour ago - WSJ.com
Daimler will invest $500 million to build a Mercedes-Benz factory in South Carolina after state officials promised tens of millions of dollars in grants, property tax abatements and training support for the plant.
5 hour ago - Business
GALENA, Ill. (AP) — A freight train loaded with crude oil derailed in northern Illinois, bursting into flames and prompting officials to suggest that everyone with 1 mile evacuate, authorities said.
6 hour ago - MarketWatch.com
Among the companies whose shares are expected to see active trade in Friday’s session are Staples, Foot Locker, and Gap.
5 hour ago - WSJ.com
The multibillion-dollar sales potential of a cancer drug that Pharmacyclics chanced upon nine years ago prompted a three-way bidding war that culminated late Wednesday in AbbVie’s $21 billion deal to buy the biotech.
5 hour ago - forbes.com / David Shaywitz
It’s tempting to dismiss this concept as slick salesmanship of the Ginsu Knife “but wait, there’s more” variety – but don’t. While “pipeline in a pill” may sound like a marketing slogan, it captures important emerging concepts within molecula . . .
7 hour ago - WSJ.com
New Jersey’s proposed $225 million settlement with Exxon for years of environmental damage—after state officials previously argued for $8.9 billion—came under scrutiny as legislators and environmentalists called for separate probes and rejectio . . .
5 hour ago - WSJ.com
At least two assailants armed with knives attacked people at a train station in southern China on Friday, injuring nine, and police fatally shot one of the suspects, officials said.
7 hour ago - money.cnn.com
Glenn Beck's top two lieutenants have left Beck's Internet and television channel, TheBlaze, and are starting a new venture together.
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