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The Top News
6:16 PM - Thursday, May 23, 2013
5 hour ago
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Washington Post /
On Thursday, the 1,400 voting members of the National Council of the Boy Scouts of America voted to approve a resolution that would remove the restriction denying membership to youth based on their sexual orientation. "While people have differ . . .
RELATED STORIES:
- Boy Scouts to Admit Gay Youth - CNBC
- Major dates, other fun facts about the Boy Scouts of America - deseretnews.com
7 hour ago
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CNBC
Federal regulators start new antitrust investigation of the company.
9 hour ago
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Yahoo! News: Business News
By Deepa Seetharaman DETROIT (Reuters) - Chrysler Group LLC and Tesla Motors Inc , both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million on Wednesday to repay the remaining portion . . .
RELATED STORIES:
- Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye - Reuters
- Chrysler jabs Tesla over loan repayment - KOCO.com
- Tesla Repays Government 9 Years Early - The Huffington Post
4 hour ago
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Yahoo! News: Business News
NEW YORK (AP) — Procter & Gamble is bringing back former CEO A.G. Lafley, a 33-year industry veteran, to its top post in a surprise move as the world's largest consumer goods maker tries to improve its results globally.
5 hour ago
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on The Huffington Post
Kmart's new pun-loving "Big Gas Savings" commercial may not be quite as funny as its super-successful "Shipped My Pants" ad, but it's nice to see the franchise is still doing its damndest to peeve Christian moms across the country.
The new . . .
6 hour ago
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Washington Post /
Senators should be aware of a critical fact, as they debate immigration reform: If we don't want foreign-born talent in the United States, other countries are more than happy to take the talent, and the innovation potential that goes with it, . . .
4 hour ago
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Reuters
(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower.
4 hour ago
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WSJ.com
Lois Lerner, the IRS official at the center of a controversy over targeting of conservative groups, was placed on administrative leave as of Thursday, according to a person familiar with the situation.
10 hour ago
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FOXBusiness.com
Ally Financial Inc agreed on Thursday to pay $2.
RELATED STORIES:
- Ally settlement may be a boon for ResCap bondholders - FOXBusiness.com
6 hour ago
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CNBC
The department-store chain saw its loss more than quadruple, a big miss. Shares fell sharply after-hours.
7 hour ago
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from Seeking Alpha /
By Daniel Lauchheimer:A media storm ensued following Yahoo's (YHOO) $1.1bn purchase of blogging site Tumbr. As a part of this coverage, analysts and Yahoo management debated the logic (or lack thereof) behind the purchase, and how it would affe . . .
RELATED STORIES:
- Is Tumblr Going To Be Yahoo!'s YouTube? - forbes.com / Eric Jackson
- Yahoo snagged Tumblr; who's next on shopping block? - USATODAY.com Money News
- Tumblr Acquisition: What Was Yahoo! Thinking? - DailyFinance / Daniel Sparks
6 hour ago
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WSJ.com
Sears swung to a fiscal first-quarter loss from a profit a year earlier, when the retailer booked a large gain on asset sales. Revenue and margins also weakened in the latest period.
6 hour ago
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from Seeking Alpha
By Mark J. Perry: Here are the highlights from today's report from the Census Bureau on new home sales in April: 1. Both the average sales price ($330,800) and the median sales price ($271,600) established new all-time record highs in April (se . . .
RELATED STORIES:
- New home sales rise, prices surge to record highs - Reuters
- BEAT: New Home Sales Rise 2.3% (ITB, XHB) - Clusterstock / Mamta Badkar
- Bernanke Speaks, These Stocks Soars - WalletPop
9 hour ago
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ABC News
Sales of new homes rose in April rose nearly 30 percent compared with a year ago, according a to a report by the Commerce Department. This is the latest evidence of a recovering housing market, six years after the housing bubble burst leading t . . .
RELATED STORIES:
- Initial Jobless Claims Stay Just Above Normal Expansionary Level - from Seeking Alpha / Hale Stewart
- Weekly Jobless Claims Show Major Drop in the Army of the Unemployed - 24/7 Wall St
5 hour ago
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on The Huffington Post /
Life is good for this Ohio hero.
Just one day after a group of Cleveland restaurants announced plans to give local man Charles Ramsey free burgers for life, McDonald's quietly confirmed that it will offer him free food for a year.
Ramse . . .
7 hour ago
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Yahoo! News: Business News
(Reuters) - Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia. Gap has staged a comeback in the last few years, offering hipper fashions that . . .
7 hour ago
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FOXBusiness.com
Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets.
11 hour ago
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Washington Post /
The House approved a Republican proposal Thursday to allow interest rates on federal student loans to rise or fall from year to year with the government’s cost of borrowing, ending a system in which rates are fixed by law. Read full article >>
RELATED STORIES:
- How Congress could raise student loan debt - MarketWatch.com
- GOP-Backed Student Loan Plan Clears House Despite Veto Threat - on The Huffington Post
- Everything you could possibly need to know about student loan budgets (with gifs!) - Washington Post / Dylan Matthews
8 hour ago
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on The Huffington Post /
From Climate Central's Michael D. Lemonick:
The National Oceanic and Atmospheric Administration predicts that the 2013 hurricane season, which begins on June 1, is likely to be somewhere between active and extremely active, with between 13 a . . .
10 hour ago
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FOXBusiness.com
U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday.
RELATED STORIES:
- SAC lawyers met with prosecutors to argue against charges: sources - FOXBusiness.com
- SAC lawyers met prosecutors to argue against charges - Yahoo! News: Business News
