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The Top News
9:07 PM - Wednesday, May 22, 2013
5 hour ago
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CNBC
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
6 hour ago
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FOXBusiness.com
The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project aw . . .
9 hour ago
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money.cnn.com
Elon Musk's electric-car company paid off federal loan 9 years before it was due.
RELATED STORIES:
- Tesla CEO On Repaying Taxpayer Loan: I Hope We Did You Proud - forbes.com / Joann Muller
- Electric carmaker Tesla pays off U.S. loan - FOXBusiness.com
7 hour ago
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FOXBusiness.com
Borders owes nothing to holders of roughly $210.
15 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's 'Figure Eight' on Ending QE - CNBC
- Bernanke says more progress needed before stimulus pullback - Yahoo! News: Business News
21 hour ago
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Yahoo! News: Business News
BANGKOK (AP) — World stock markets were mixed Wednesday, hours before Federal Reserve chairman Ben Bernanke is to deliver remarks before Congress on the state of the U.S. economy.
RELATED STORIES:
- Fed’s mixed message takes stocks on a wild ride - Washington Post
4 hour ago
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WSJ.com
Clearwire said it hasn't had 'substantive' talks with Dish Network since last month, and doesn't expect the satellite-TV operator to top Sprint's sweetened offer for the wireless broadband provider, which Clearwire supports.
5 hour ago
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FOXBusiness.com
Hong Kong stocks dropped early Thursday as concerns that the Federal Reserve was considering winding down its bond purchases weighed on sentiment, with investors also cautious ahead of a preliminary reading on Chinese manufacturing activity in May.
RELATED STORIES:
- Hong Kong Mercantile Exchange Being Probed - WSJ.com
- ASIA MARKETS: Hong Kong, Sydney Stocks Fall; Tokyo Ends Up - FOXBusiness.com
5 hour ago
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CNBC
Volatile trading in stocks and bonds could continue while investors sort out what's going on with the Fed.
5/21/2013
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FOXBusiness.com
Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might en . . .
RELATED STORIES:
- Corrections: U.S. stocks drop on Fed tapering worries - MarketWatch.com
6 hour ago
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on The Huffington Post
By Andy Sullivan, Gabriel Debenedetti and Poornima Gupta WASHINGTON, May 22 (Reuters) - For years, Apple Inc kept a low profile in Washington as it grew into one of the most valuable companies in the world. Now the iPad maker . . .
4 hour ago
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WSJ.com
The Securities and Exchange Commission on Wednesday charged South Miami, Fla. with misleading investors about the tax-exempt eligibility of a downtown public-parking garage and retail development.
8 hour ago
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money.cnn.com
Read full story for latest details.
RELATED STORIES:
- U.S. stocks rally after Bernanke starts testimony - MarketWatch.com
- Bernanke's prepared testimony to Joint Economic Committee - FOXBusiness.com
- Bernanke Speaks, Stocks Rock On - forbes.com / Scott Redler
11 hour ago
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Reuters
MOORE, Oklahoma (Reuters) - Tornado survivors thanked God, sturdy closets and luck in explaining how they lived through the colossal twister that devastated an Oklahoma town and killed 24 people, an astonishingly low toll given the extent of de . . .
RELATED STORIES:
- Tornado victims face long haul with insurers - money.cnn.com
- Social Media Newsfeed: Oklahoma Tornado Captured on Social Media | It’s Official: Yahoo Buys Tumblr - socialtimes.com / Tim Sohn
5 hour ago
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CNBC
Singer and actress Jennifer Lopez is going in a whole new direction, and using Verizon Wireless to get there.
12 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:
- Existing-home Sales Rise 0.6% In April - FOXBusiness.com
- Existing Home Sales Rise 0.6%, Missing Expectations - Clusterstock / Mamta Badkar
8 hour ago
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news
Fox is turning the firing of real people from real jobs into prime-time entertainment starting this week.
18 hour ago
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MarketWatch.com
NEW YORK (MarketWatch) -- Treasury prices rose Wednesday morning as the market prepared for congressional testimony from Federal Reserve Chairman Ben Bernanke. The benchmark 10-year note yield, which moves inversely to price, fell 1 basis poin . . .
RELATED STORIES:
9 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.
6 hour ago
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Reuters
ORLANDO, Fla./WASHINGTON (Reuters) - A Chechen immigrant who was being questioned about his possible links to one of the Boston Marathon bombing suspects was shot and killed by a federal agent in Florida on Wednesday after he suddenly turned vi . . .
