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Wall Street posts first weekly loss since mid-April on Fed angst
ReutersNEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...Tags: Computer Sciences Corporation, Green Mountain Coffee Roasters, Inc., Plains Exploration & Production Company, Dean Foods Company, Real Estate Sales
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Abbott Laboratories, Pension and Welfare, Labor Day, Nike, Inc., Saudi Arabia
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To keep corporations here, fix the tax code
The report of Apple avoiding corporate income taxes the past four years signals it's time to overhaul the U.S. corporate tax code. Like many multinationals with strong intellectual property, Apple legally earns nearly all of its income offshore. The U....
Tags: Personal Income, Credit Ratings, Earnings, Robert H. Smith, U.S. Congress
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Industry is best bet for peace, Israeli billionaire says
ReutersTEL AVIV (Reuters) - On a new industrial park in Israel's largest Arab town, a software plant belonging to a multibillion-dollar U.S.-listed firm sits cheek-by-jowl with two small Arab-owned businesses: a metal factory and one producing tools for brain...Tags: Amdocs Limited, Religion and Belief, Judaism, Nazareth, U.S. Congress
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Ally to pay $2.1 billion to settle claims tied to ResCap
Reuters(Reuters) - Ally Financial Inc agreed on Thursday to pay $2.1 billion to settle legal claims tied to its bankrupt Residential Capital LLC unit, nearly triple the amount it initially offered to creditors of the subprime mortgage business. Ally hopes the...Tags: Finance, General Motors Acceptance Corporation, Insurance, General Motors Corp., Automotive Equipment
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US court studies wiretaps in ex-Goldman director's insider case
Reuters* Rajat Gupta says wiretaps improperly admitted at trial * Gupta's 2-year prison term on hold while he appeals * 2nd Circuit panel hears oral arguments in appeal By Nate Raymond NEW YORK, May 21 (Reuters) - Lawyers for former Goldman Sachs Group Inc...Tags: Rajat Gupta, Securities, Insider Trading, Trials, Punishment
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U.S. court studies wiretaps in ex-Goldman director's insider case
ReutersNEW YORK (Reuters) - Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta sought to reverse his insider-trading conviction on Tuesday, arguing that wiretap evidence used by the prosecution should not have been introduced at trial....Tags: Rajat Gupta, Securities, Insider Trading, Trials, Punishment
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COLUMN - How much does Jamie Dimon matter?
ReutersBy Bethany McLean May 21 (Reuters) - So today is the day. After weeks of near-constant coverage of the big decision - will JPMorgan Chase shareholders keep Jamie Dimon as chairman and CEO or relegate him to just CEO? - the verdict came at JPMorgan's...Tags: The New York Times, Derivative Securities, Finance, Jamie Dimon, Sherrod Brown
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Inside Penny Pritzker's portfolio: How a billionaire invests
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: PlayStation Portable, Finance, Services and Shopping, Sales, Canadian Imperial Bank of Commerce
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Ticketmaster agrees to settle lawsuit
The Kansas City StarTicketmaster settles Ticketmaster has agreed to settle claims for up to $23 million in a lawsuit affecting more than a million people who after buying a ticket online were enrolled in a rewards program that cost $9 a month but never gave them any...Tags: Metal and Mineral, Services and Shopping, Alcoa Incorporated, Ticketmaster, Non Ferrous Metal
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Bill Gates is once again the richest man in the world
He may be retired, but that's not kept Bill Gates from regaining the top spot as the richest man in the world. Gates, 57, who co-founded and led Microsoft to the top of the tech world before retiring from day-to-day operations in 2008, has a fortune...
Tags: Google+, Mexico, Bill Gates, Microsoft Windows, Microsoft Corporation
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Berkshire Hathaway downgraded by S&P
ReutersStandard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc. by one notch, citing the conglomerate's reliance on its dividend income from Geico and its other insurance companies. S&P cut the counterparty rating on Berkshire, controlled by...Tags: Finance, GEICO, Minor League Baseball, Economy, Business and Finance, Berkshire Hathaway Inc.
May 24, 2013
|Story| Reuters
May 24, 2013
|Story| Reuters
May 23, 2013
|Story| Baltimore Sun
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 19, 2013
|Column| Chicago Tribune
May 17, 2013
|Story| McClatchy-Tribune
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
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