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The Top News
11:06 AM - Friday, May 24, 2013
8 hour ago
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MarketWatch.com
NEW YORK (MarketWatch) -- U.S. stock index futures pared losses Friday after data showed April orders for durable goods rose more than expected. Orders for long-lasting, big-ticket items rose 3.3%, the Commerce Department said, topping forecast . . .
RELATED STORIES:
- Economic Report: Durable-goods orders snap back in April - MarketWatch.com
- Durable Goods Order Glass Half Empty ... Still - from Seeking Alpha / Marc Chandler
- Stock Futures Down as Market Shrugs Off Durable Orders Rebound - s Blog
5 hour ago
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WSJ.com
News Corp.'s board approved the company's separation into two publicly traded entities, moving a step closer to splitting its entertainment businesses from the publishing division.
6 hour ago
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MarketWatch.com
Ex-CEO Lafley is back in and McDonald out as Pershing’s Ackman agitates for change in direction at P&G.
RELATED STORIES:
- Stock Upgrades: Changing Tides Makes Procter & Gamble a Better Bet - Minyanville / Justin Sharon
9 hour ago
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CNBC
In a surprise move, Procter & Gamble is announcing the return of AG Lafley as chief executive. Linda Bolton Weiser, B. Riley Senior analyst, weighs in.
RELATED STORIES:
5 hour ago
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management.fortune.cnn.com
In a sudden shakeup, Bob McDonald is out as CEO and former CEO AG Lafley is in. Bill Ackman is pleased.
3 hour ago
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WSJ.com
Bausch & Lomb is nearing a deal to sell itself to Valeant Pharmaceuticals for about $9 billion.
3 hour ago
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MarketWatch.com
U.K. police said Friday they arrested two people from a Pakistan International Airlines Corp. jet, after British air force fighter jets were scrambled to escort it to Stansted airport near London following an unspecified incident.
6 hour ago
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CNBC
At McDonald's shareholder meeting, a 9-year-old stood and lectured the CEO of one of the world's biggest brands.
3 hour ago
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WSJ.com
The risk of a disorderly breakup of the euro zone has diminished but the European Central Bank may need to consider new stimulus measures if prospects don't improve, a top Federal Reserve official said.
RELATED STORIES:
- Stocks fall on news Fed weighed cutting stimulus - Yahoo! News: Business News
- Wall St. drops on uncertainty about Fed stimulus - Yahoo! News: Business News
7 hour ago
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Yahoo! News: Business News
By Steve Slater and Matt Scuffham LONDON (Reuters) - HSBC's Chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticized by shareholders for compliance failings and accusations it aided . . .
3 hour ago
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FOXBusiness.com
The crisis that has hit Italy's third-largest lender Banca Monte dei Paschi di Siena might not be an isolated case, Monte Paschi Chairman Alessandro Profumo said on Friday.
7 hour ago
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on The Huffington Post
(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter. Waze is seeki . . .
3 hour ago
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WSJ.com
The Chilean government's Environmental Superintendency halted all construction operations at Barrick Gold's Pascua-Lama project that straddles the Andes Mountains into Argentina.
3 hour ago
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on The Huffington Post /
Ever since the taxpayer bailout allowed Wall Street banks to procure an army of shiny new lobbyists, it's been generally understood that said lobbyists have done the lion's share of the work in drafting legislation to help undermine the effort . . .
6 hour ago
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WSJ.com
The chief executive of Austria's Raiffeisen Bank offered to resign to spare the bank from controversy as his personal real-estate transactions in Asia come under scrutiny.
6 hour ago
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Yahoo! News: Business News
NEW YORK (AP) — The stock market headed lower in midday trading Friday, putting it on track for its first weekly loss in a month.
6 hour ago
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Yahoo! News: Business News
By Astrid Wendlandt and Phil Wahba PARIS/NEW YORK (Reuters) - Most men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace. Eph . . .
7 hour ago
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FOXBusiness.com
The FTC has reportedly begun an inquiry into whether the tech behemoth is illegally limiting competition in the online display-advertising market.
RELATED STORIES:
6 hour ago
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FOXBusiness.com
Chinese solar panel makers are shunning their overcrowded home market in favor of lucrative exports, a switch that has helped to arrest a two-year slump in margins and push shares to 12-month peaks.
6 hour ago
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FOXBusiness.com
Henrik Fisker is working with an investor group to salvage Fisker Automotive, the "green" car company he co-founded nearly six years ago that is now struggling to stave off bankruptcy, people familiar with the matter said this week.
