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The Top News
12:24 AM - Saturday, May 25, 2013
15 hour ago
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MarketWatch.com
When CEOs are better the second time around — and when they aren’t.
RELATED STORIES:
- P&G's Lafley Begins New Talent Hunt - WSJ.com
16 hour ago
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NPR Topics
The plan, first announced last year, would break up the company's publishing and entertainment arms, and satisfy investors who are put off by the slow growth of its newspapers.
RELATED STORIES:
- News Corp to take charge of up to $1.4 billion this quarter - Yahoo! News: Business News
24 hour ago
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DailyFinance
Filed under: Earnings, Retail, Consumer Goods, StocksJustin Sullivan/Getty Images
Abercrombie & Fitch reported Friday a steeper-than-expected drop in quarterly comparable sales, in part because of inventory shortages, and the teen clothing ret . . .
RELATED STORIES:
- Abercrombie & Fitch Stock Sinks on Company Earnings, Outlook - 24/7 Wall St / Paul Ausick
- Abercrombie & Fitch Posts Loss - WSJ.com
- This Abercrombie & Fitch Blowup Could Be Different - forbes.com / Roger Dooley
13 hour ago
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Washington Post /
PARIS — Christine Lagarde, director general of the International Monetary Fund, wound up more than 25 hours of interrogation Friday night without any accusation being leveled against her for a contested decision to accept arbitration in a multi . . .
13 hour ago
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Yahoo! News: Business News
By Doug Palmer and Liana B. Baker WASHINGTON (Reuters) - An influential senator expressed strong concerns on Friday about Japanese company SoftBank Corp's plan to buy 70 percent of Sprint Nextel , warning it could expose the United States to Ch . . .
RELATED STORIES:
- Dish Network campaigns against SoftBank in bid for Sprint - Washington Post / Cecilia Kang
- US senators raise flag over SoftBank’s Sprint bid - Money Supply blog on central banks
- Softbank to Offer Federal Government a Seat on Sprint’s Board of Directors - 24/7 Wall St / Paul Ausick
21 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:
- Durable Goods Rise More Than Expected In April - from Seeking Alpha / James Picerno
- 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
Ista Pharmaceuticals has agreed to pay $33.5 million to resolve charges that it promoted its anti-inflammatory drug Xibrom for unapproved uses in an effort to boost sales, the Justice Department said.
RELATED STORIES:
- Bausch & Lomb Nears $9 Billion Sale - WSJ.com
- Bausch & Lomb's Ista pleads guilty over kickbacks - FOXBusiness.com
9 hour ago
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CNBC
Visa and MasterCard asked a judge to declare that credit-card fees paid by retailers are legal.
14 hour ago
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forbes.com /
Just a few months after escaping an antitrust case on its search ads, Google is now the subject of a Federal Trade Commission probe of its display-ad business.
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11 hour ago
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BBC
Chilean authorities fine the world's largest gold mining company, Barrick Gold Corp, more than $16m for environmental offences at an Andean mine.
9 hour ago
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CNBC
With the exit of P&G's CEO, Bill Ackman collected another big-game trophy. How's his fund doing? Let's check the score.
15 hour ago
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WSJ.com
Procter & Gamble's finance chief said the restoration of A.G. Lafley to the helm of the consumer-products giant doesn't signify larger problems at the company nor a dramatic shift in strategy.
RELATED STORIES:
- Procter & Gamble brings back former CEO AG Lafley to revive growth - news
- Stock Upgrades: Changing Tides Makes Procter & Gamble a Better Bet - Minyanville / Justin Sharon
- Dow Advances, Led by Procter & Gamble Stock - Fool.com
13 hour ago
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CNBC
The collapse of a bridge on a major West Coast highway could cost the state of Washington at least $47 million.
RELATED STORIES:
- Bridge Collapse Shows Transit Problems - NY Times / Kirk Johnson
- Skagit River Bridge Collapse A Grim Reminder Of Austerity's Bite - on The Huffington Post / Mark Gongloff
- Truck crash caused Washington state bridge collapse: officials - Reuters
18 hour ago
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NY Times /
Mr. Cera discusses narrative dead ends, favorite episodes and accidental impersonations of Jesse Eisenberg.
RELATED STORIES:
- Here's The Menu For An 8-Course Dinner Inspired By 'Arrested Development' - Business Insider / Julie Zeveloff
- Netflix's 'Arrested Development' Puts Money in the Banana Stand, Literally - Minyanville / Josh Wolonick
- 10 Financial Lessons We Learned By Watching 'Arrested Development' - Business Insider / Divya Raghavan
9 hour ago
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forbes.com /
One of the more unexpected capabilities that Microsoft has baked into the forthcoming Xbox One is the new Kinect sensor’s ability to read your heart rate, which it does optically using a system similar to (or even based on) Eulerian Video Magni . . .
14 hour ago
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CNBC
Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service.
RELATED STORIES:
- Yahoo has offered to buy Hulu: report - MarketWatch.com
- Yet Another Hulu Bidder! Yahoo Is In, Too. - allthingsd.com / Peter Kafka
- Hulu Said to Attract At Least 7 Bidders - FOXBusiness.com
7 hour ago
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Washington Post /
Bank of America, Wells Fargo and other large banks are dragging their feet in processing homeowners’ requests for lower monthly payments under the $25 billion national mortgage settlement, said New York Attorney General Eric Schneiderman in a l . . .
10 hour ago
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MarketWatch.com
MarketWatch’s top 10 stories of the pre–Memorial Day week, from Tim Cook and Jamie Dimon to Xbox and mozzarella Caprese.
5/23/2013
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CNBC
Initial claims for unemployment benefits dropped 23,000 to a 340,000.
RELATED STORIES:
- New Home Sales Rise, Jobless Claims Drop - ABC News
- Jobless claims drop more than expected last week - FOXBusiness.com
- Coming up: Weekly U.S. jobless claims - MarketWatch.com
11 hour ago
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FOXBusiness.com
The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse.
