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The Top News
3:25 PM - Thursday, May 23, 2013
6 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:
- Chrysler jabs Tesla over loan repayment - KOCO.com
- Chrysler takes a jab at Tesla - money.cnn.com
4 hour ago
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CNBC
Federal regulators start new antitrust investigation of the company.
6 hour ago
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from Seeking Alpha /
By Hale Stewart:
By New Deal Democrat
At 340,000 this week, and Complete Story »
RELATED STORIES:
- New Home Sales Rise, Jobless Claims Drop - ABC News
5 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 . . .
8 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
- Everything you could possibly need to know about student loan budgets (with gifs!) - Washington Post / Dylan Matthews
- Student Loan Problems: One Third Of Millennials Regret Going To College - forbes.com / Halah Touryalai
7 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
- 3 senior SAC executives receive subpoenas - MarketWatch.com
- Prosecutors consider using racketeering law against SAC: source - Yahoo! News: Business News
9 hour ago
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money.cnn.com
Read full story for latest details.
RELATED STORIES:
7 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
5 hour ago
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NPR Topics
Over the years, McDonald's has gotten a lot of flack for marketing to kids. At a shareholders meeting Thursday morning, Hannah Robertson, age 9, took the fast-food giant's CEO to task.
5 hour ago
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Yahoo! News: Business News
NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanese company's proposed $20.1 billion purchase of 70 percent of Sprint. The California Public Utilities . . .
4 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 . . .
3 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.
4 hour ago
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money.cnn.com
One hero's reward, coming right up.
4 hour ago
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MarketWatch.com
NEW YORK (MarketWatch) -- Sears Holdings Corp. said Thursday that it swung to a loss of $279 million, or $2.63 a share, from a profit of $189 million, or $1.78 a share, a year earlier. Revenues decreased to $8.45 billion in the quarter ended M . . .
3 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.
6 hour ago
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MarketWatch.com
WASHINGTON (MarketWatch) - President Barack Obama was heckled Thursday about drone strikes and conditions at the prison at Guantanamo Bay during his speech on national security. The president was interrupted by a woman several times during his . . .
5 hour ago
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on The Huffington Post /
Bloomberg View
Tim Cook, the chief executive of Apple Inc., came to the U.S. Senate on May 21 to advocate an overhaul of the nation's corporate tax code. Tax profits at 20 percent, Cook said, and offer no loopholes, no deductions, no complex . . .
4 hour ago
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forbes.com /
First there was "Ship My Pants" -- Kmart's catchy ad campaign for its new shipping program -- and now we've got "Big Gas Savings" to promote its Shop Your Way rewards program. But will tongue twisting ads translate to into big-ass sales for the . . .
6 hour ago
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forbes.com /
The announcement of Yahoo’s $1.1 billion acquisition of Tumblr on Monday has been the talk of Internet Week in New York, with many such as venture capitalist Eric Hippeau praising the purchase as a victory for the New York tech community. Now c . . .
RELATED STORIES:
- Did Yahoo Underpay For Tumblr? - from Seeking Alpha / Daniel Lauchheimer
- Yahoo Buys Tumblr: Instagram Or Flickr? - from Seeking Alpha
- Yahoo, Tumblr And Social Media Stuck In Neutral - forbes.com / Alex Kantrowitz
6 hour ago
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CNBC
The average 401(k) balance hit a record high of $80,900 in the first quarter, according to Fidelity Investments.
