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The Top News
9:04 AM - Monday, May 20, 2013
3 hour ago
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MarketWatch.com
Internet pioneer to pay $1.1 billion for popular blogging service provider.
RELATED STORIES:
- Bits Blog: Tumblr Community Responds to Yahoo Bid - NY Times
- David Karp: Tumblr founder could be worth up to $220m after Yahoo deal - The Guardian / Josh Halliday
- Yahoo in rumoured $1.1bn bid to buy white-hot Tumblr - The Guardian / Charles Arthur
3 hour ago
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Yahoo! News: Business News
By Caroline Humer (Reuters) - Generic drugmaker Actavis Inc, itself the subject of takeover speculation, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfol . . .
RELATED STORIES:
3 hour ago
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on The Huffington Post
NEW YORK -- Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S.
Financial terms were not disclosed . . .
3 hour ago
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WSJ.com
Dell sent another letter to Carl Icahn and Southeastern Asset Management seeking more information about their takeover proposal, reiterating that it can't engage in talks before determining whether the proposal is credible.
4 hour ago
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CNBC
The Supreme Court will consider which whistleblower protections mutual fund employees are subject to.
5 hour ago
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Yahoo! News: Business News
(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich peopl . . .
3 hour ago
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Yahoo! News: Business News
(Reuters) - General Electric Co said its financial unit GE Capital Corp would pay $6.5 billion in dividends to the parent in 2013 as part of a plan to reduce the unit's size. "This announcement is consistent with our goal to reduce the overall . . .
4 hour ago
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Yahoo! News: Business News
(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered through a governance crisis and liquidity crunch over the last year. Chesapeake . . .
6 hour ago
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FOXBusiness.com
The Chicago Fed's national activity index worsened in April, falling to negative 0.53 from negative 0.23 in March.
3 hour ago
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WSJ.com
Goldman Sachs is selling its stake in Industrial & Commercial Bank of China for around $1.1 billion, exiting its investment in China's biggest bank.
3 hour ago
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WSJ.com
Campbell Soup posted higher earnings as its U.S. soup sales rose 14%, the largest quarterly gain in nearly five years.
3 hour ago
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money.cnn.com
Danone has struck two deals with the China Mengniu Dairy Company in a bid to take advantage of surging demand for internationally-branded milk and yogurt.
4 hour ago
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FOXBusiness.com /
The legal battle surrounding SAC Capital Advisors appears to be ramping up as the U.S. is now considering criminal charges against the embattled hedge fund and has slapped the firm’s founder, Steve Cohen, with a subpoena.
5 hour ago
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FOXBusiness.com
The Securities Industry and Financial Markets Association named former Republican Senator Judd Gregg as its chief executive officer, the lobbying group said Monday.
6 hour ago
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CNBC
Consumer spending is likely to pick up this year, according to a survey of business economists.
4 hour ago
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Yahoo! News: Business News
LONDON (Reuters) - John Thornton, the former Goldman Sachs president who specializes in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests, Europe's biggest bank said on Monday. Thornton, . . .
3 hour ago
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Reuters
(Reuters) - Standard Chartered has agreed to buy the Indian wealth management unit of Morgan Stanley , helping the British bank expand its private banking business in Asia's third-largest economy.Related StoriesAstraZeneca closes in on site for . . .
4 hour ago
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CNBC
Shareholders are voting on whether to allow Jamie Dimon to remain as both chairman and CEO of the top bank.
RELATED STORIES:
- Jamie Dimon Could Be Dealt A Major Blow This Week - on The Huffington Post
- Dimon making case to keep both J.P. Morgan jobs - MarketWatch.com
- Jamie Dimon Just Wants Everyone To Like Him - on The Huffington Post
5 hour ago
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Money Supply blog on central banks
Fallout from West Coast mainline fiasco was ‘final straw’ that forced transport group into a deeply discounted rights issue, according to its chief
4 hour ago
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msnbc.com
Isaac Davis, a salesman from the Detroit suburb of Southfield says he would love to buy a car from his home state. "But," he lamented, "I just don’t think the quality is there.”Davis isn't alone. In recent decades, millions of Americans have wa . . .
