Friday, May 16, 2014

17-May-2014 08:59

US Stocks Climb to Records Before Ending Week Little Changed - Businessweek :: http://www.businessweek.com/news/2014-05-16/u-dot-s-dot-stocks-climb-to-records-before-ending-week-little-changed

WWE's Vince McMahon Loses A Third Of His Fortune Because Of Plummeting ... - Design & Trend :: http://www.designntrend.com/articles/14090/20140516/wwes-vince-mcmahon-loses-third-fortune-plummeting-stock.htm

Why are Treasury bond yields so low? - WSBT-TV :: http://www.wsbt.com/news/business/why-are-treasury-bond-yields-so-low/26017558

Ex-SAC Capital Trader Steinberg sentenced to 3½ years - Boston Globe :: http://www.bostonglobe.com/business/2014/05/16/sac-capital-trader-steinberg-sentenced-years/nN9eBaozcWjVfcEw8aoOjJ/story.html

Planned sale of Red Lobster irks shareholders - Washington Post :: http://www.washingtonpost.com/business/economy/planned-sale-of-red-lobster-irks-shareholders/2014/05/16/0953108a-dd32-11e3-bda1-9b46b2066796_story.html

Choppy market manages a slight gain - Albany Times Union :: http://www.timesunion.com/business/article/Choppy-market-manages-a-slight-gain-5484749.php

GM to pay $35 million US fine for delayed response - Reuters :: http://www.reuters.com/article/2014/05/17/us-generalmotors-recall-idUSBREA4F0CU20140517

Apple, Google call truce in smartphone patent war - Economic Times :: http://economictimes.indiatimes.com/tech/apple-google-call-truce-in-smartphone-patent-war/articleshow/35237504.cms

Memorial Day travel expected to exceed last year's high - Omaha World-Herald :: http://www.omaha.com/article/20140517/NEWS/140518732/1016

Vietnam mayor calls for end to anti-China protests - seattlepi.com :: http://www.seattlepi.com/news/world/article/Vietnam-mayor-calls-for-end-to-anti-China-protests-5485409.php

17-May-2014 07:58

WWE CEO Vince McMahon no longer a billionaire after losing $350 million in 24 ... - FanSided :: http://fansided.com/2014/05/16/wwe-ceo-vince-mcmahon-longer-billionaire-losing-350-million-24-hours/

Swiss Prepare to Vote on World's Highest Minimum Wage - New York Times :: http://www.nytimes.com/2014/05/17/business/international/swiss-to-vote-on-worlds-highest-minimum-wage.html

Why are Treasury bond yields so low? - KTXS :: http://www.ktxs.com/lifestyle/money/why-are-treasury-bond-yields-so-low/26017558

Ex-SAC Capital Trader Steinberg sentenced to 3½ years - Boston Globe :: http://www.bostonglobe.com/business/2014/05/16/sac-capital-trader-steinberg-sentenced-years/nN9eBaozcWjVfcEw8aoOjJ/story.html

AAA: Busy roads on Memorial Day - Boston Herald :: http://bostonherald.com/business/business_markets/2014/05/aaa_busy_roads_on_memorial_day

Texas adds more jobs in April than in four years - Dallas Morning News :: http://www.dallasnews.com/business/headlines/20140516-texas-adds-more-jobs-in-april-than-in-four-years.ece

Planned sale of Red Lobster irks shareholders - Washington Post :: http://www.washingtonpost.com/business/economy/planned-sale-of-red-lobster-irks-shareholders/2014/05/16/0953108a-dd32-11e3-bda1-9b46b2066796_story.html

Apple and Google settle patent row - BBC News :: http://www.bbc.co.uk/news/business-27452250

On high seas, Vietnam and China play tense game - Washington Post :: http://www.washingtonpost.com/world/asia_pacific/on-high-seas-vietnam-and-china-play-tense-game/2014/05/17/c7a2e370-dd83-11e3-a837-8835df6c12c4_story.html

GM to pay $35 million US fine for delayed response - Reuters :: http://www.reuters.com/article/2014/05/17/us-generalmotors-recall-idUSBREA4F0CU20140517

17-May-2014 06:57

WWE Boss Loses Fight for TV Fees - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702304908304579566012294981066.html

TrueCar raises $70 million in IPO, shares rise 12% after trading debut - Los Angeles Times :: http://www.latimes.com/business/la-fi-truecar-ipo-20140516-story.html

South China Sea ships collide in disputed water - BBC News :: http://www.bbc.co.uk/news/world-asia-27439160

Apple, Google settle smartphone patent litigation - Reuters :: http://www.reuters.com/article/2014/05/17/us-apple-google-settlement-idUSBREA4F0S020140517

Abbott to buy Latin American drugmaker CFR in $2.9 billion deal - Reuters UK :: http://uk.reuters.com/article/2014/05/17/uk-abbott-acquisition-idUKKBN0DX02920140517

Daily Wrap: Rough day for wrestling and Red Lobster [St. Louis Post-Dispatch :: ] - Businessweek :: http://investing.businessweek.com/research/stocks/news/article.asp?docKey%3D600-201405162243KRTRIB__BUSNEWS_7793_28539-1%26params%3Dtimestamp%257C%257C05/16/2014%252010:43%2520PM%2520ET%257C%257Cheadline%257C%257CDaily%2520Wrap%253A%2520Rough%2520day%2520for%2520wrestling%2520and%2520Red%2520Lobster%2520%255BSt.%2520Louis%2520Post-Dispatch%2520%253A%253A%2520%255D%257C%257CdocSource%257C%257CMcClatchy-Tribune%257C%257Cprovider%257C%257CACQUIREMEDIA%257C%257Cbridgesymbol%257C%257CUS;JWN%26ticker%3DJWN

Ex-SAC Capital Trader Steinberg sentenced to 3½ years - Boston Globe :: http://www.bostonglobe.com/business/2014/05/16/sac-capital-trader-steinberg-sentenced-years/nN9eBaozcWjVfcEw8aoOjJ/story.html

AAA: Busy roads on Memorial Day - Boston Herald :: http://bostonherald.com/business/business_markets/2014/05/aaa_busy_roads_on_memorial_day

Stock market manages slight gain after choppy day - Dayton Daily News :: http://www.daytondailynews.com/news/business/economy/stock-market-manages-slight-gain-after-choppy-day/nfyLF/

Government fine hardly the end of GM recall saga - Chron.com :: http://www.chron.com/news/crime/article/Government-fine-hardly-the-end-of-GM-recall-saga-5485288.php

17-May-2014 05:56

Wacky Week: Wall Street Taps Records, Then Dips - Fox Business :: http://www.foxbusiness.com/markets/2014/05/16/wacky-week-wall-street-taps-records-then-dips/

GM recall investigation reveals banned words - Greenwich Time :: http://www.greenwichtime.com/news/us/article/GM-recall-investigation-reveals-banned-words-5484715.php

TrueCar raises $70 million in IPO, shares rise 12% after trading debut - Los Angeles Times :: http://www.latimes.com/business/la-fi-truecar-ipo-20140516-story.html

Moody's upgrades economy rating - Irish Examiner :: http://www.irishexaminer.com/ireland/moodyrsquos-upgrades-economy-rating-269015.html

Darden to sell Red Lobster for $2.1 billion - USA TODAY :: http://www.usatoday.com/story/money/business/2014/05/16/red-lobster-golden-gate-capital-darden/9164335/

Ethnic Chinese live in fear as looting and violence strike Vietnam factories - South China Morning Post :: http://www.scmp.com/news/asia/article/1514137/ethnic-chinese-live-fear-looting-and-violence-strike-vietnam-factories

Insider trader Michael Steinberg gets three and a half years - New York Daily News :: http://www.nydailynews.com/news/crime/insider-trader-michael-steinberg-years-article-1.1795171

Americans Are Eager To Get Away This Holiday - The Ledger :: http://www.theledger.com/article/20140516/NEWS/140519386

NTSB investigating near-collision off Hawaii - KSPR :: http://www.kspr.com/life/travel/NTSB-investigating-near-collision-off-Hawaii/21052396_26028696

Swiss mull nationwide minimum wage rate - Longview News-Journal :: http://www.news-journal.com/business/swiss-mull-nationwide-minimum-wage-rate/article_eacba9cf-49ad-5af6-9e77-944baf1996f8.html

17-May-2014 04:55

US Stocks Climb to Records Before Ending Week Little Changed - Businessweek :: http://www.businessweek.com/news/2014-05-16/u-dot-s-dot-stocks-climb-to-records-before-ending-week-little-changed

WWE CEO Vince McMahon no longer a billionaire after losing $350 million in 24 ... - FanSided :: http://fansided.com/2014/05/16/wwe-ceo-vince-mcmahon-longer-billionaire-losing-350-million-24-hours/

Stocks Regain Ground After Two-Day Loss - WTMA :: http://www.wtma.com/abc_news/article/Stocks_Regain_Ground_After_Two-Day_Loss/847F43ECDD4E11E3B51EFEFDADE6840A/1400281505/

Obama's Asia pivot tested by China's bold maritime claims - Reuters :: http://www.reuters.com/article/2014/05/17/us-vietnam-china-obama-analysis-idUSBREA4G00420140517

Sneed: New York Times' Abramson episode sounds a sour note - Chicago Sun-Times :: http://www.suntimes.com/news/sneed/27488019-452/sneed-new-york-times-abramson-episode-sounds-a-sour-note.html

Darden to sell Red Lobster for $2.1 billion - USA TODAY :: http://www.usatoday.com/story/money/business/2014/05/16/red-lobster-golden-gate-capital-darden/9164335/

Insider trader Michael Steinberg gets three and a half years - New York Daily News :: http://www.nydailynews.com/news/crime/insider-trader-michael-steinberg-years-article-1.1795171

California's unemployment rate drops to 7.8%, lowest in six years - Los Angeles Times :: http://www.latimes.com/business/la-fi-california-jobs-20140517-story.html

General Motors fined $35 million for recall delays, still being probed - Los Angeles Times :: http://www.latimes.com/business/autos/la-fi-hy-gm-fine-20140517-story.html

AAA: Memorial Day busiest travel weekend since 2005 - Grand Forks Herald :: http://www.grandforksherald.com/content/aaa-memorial-day-busiest-travel-weekend-2005-0

17-May-2014 03:54

AAA: Americans ready to travel after rough winter - Fox News :: http://www.foxnews.com/travel/2014/05/16/aaa-expects-361-million-to-travel-memorial-day-weekend-as-americans-shake-off/

Wacky Week: Wall Street Taps Records, Then Dips - Fox Business :: http://www.foxbusiness.com/markets/2014/05/16/wacky-week-wall-street-taps-records-then-dips/

Wall St Week Ahead-Don't leave small-cap stocks for dead - Reuters :: http://in.reuters.com/article/2014/05/16/usa-stocks-weekahead-idINL1N0O21NS20140516

WWE CEO Vince McMahon no longer a billionaire after losing $350 million in 24 ... - FanSided :: http://fansided.com/2014/05/16/wwe-ceo-vince-mcmahon-longer-billionaire-losing-350-million-24-hours/

ANALYSIS-Obama's Asia pivot tested by China's bold maritime claims - Reuters UK :: http://uk.reuters.com/article/2014/05/17/vietnam-china-obama-idUKL1N0O21HU20140517

Sneed: New York Times' Abramson episode sounds a sour note - Chicago Sun-Times :: http://www.suntimes.com/news/sneed/27488019-452/sneed-new-york-times-abramson-episode-sounds-a-sour-note.html

US Officials on GM's Ignition Defect - New York Times :: http://www.nytimes.com/2014/05/17/business/us-fines-general-motors-35-million-for-lapses-on-ignition-switch-defect.html

Darden to sell Red Lobster for $2.1 billion - USA TODAY :: http://www.usatoday.com/story/money/business/2014/05/16/red-lobster-golden-gate-capital-darden/9164335/

Feds investigating 2 passenger jetliners that got too close over Hawaii - Fox News :: http://www.foxnews.com/us/2014/05/16/fedss-investigating-2-passenger-jetliners-that-got-too-close-over-hawaii/

Insider trader Michael Steinberg gets three and a half years - New York Daily News :: http://www.nydailynews.com/news/crime/insider-trader-michael-steinberg-years-article-1.1795171

17-May-2014 02:53

Treasurys post weekly gain despite Friday pullback - MarketWatch :: http://www.marketwatch.com/story/treasury-rally-takes-a-breather-on-housing-rebound-2014-05-16?link%3DMW_latest_news

Forget about $10.10, Swiss voting on $24.70 minimum wage - Las Vegas Sun :: http://lasvegassun.com/news/2014/may/16/swiss-mull-creation-worlds-top-minimum-wage-2470/

WWE CEO Vince McMahon no longer a billionaire after losing $350 million in 24 ... - FanSided :: http://fansided.com/2014/05/16/wwe-ceo-vince-mcmahon-longer-billionaire-losing-350-million-24-hours/

NY Times: No Need To Reexamine Gender Pay Equity After Abramson Firing - Forbes :: http://www.forbes.com/sites/jeffbercovici/2014/05/16/ny-times-no-need-to-reexamine-gender-pay-equity-after-abramson-firing/?ss%3Dbusiness

On Up-and-Down Day, Market Edges Higher - New York Times :: http://www.nytimes.com/2014/05/17/business/daily-stock-market-activity.html

Ex-Trader at SAC Fund Is Sentenced to 3 Years - New York Times :: http://dealbook.nytimes.com/2014/05/16/ex-sac-capital-trader-steinberg-sentenced-to-3-12-years/

Obama's Asia pivot tested by China's bold maritime claims - Reuters Canada :: http://ca.reuters.com/article/topNews/idCABREA4G00420140517

Planned sale of Red Lobster irks shareholders - Washington Post :: http://www.washingtonpost.com/business/economy/planned-sale-of-red-lobster-irks-shareholders/2014/05/16/0953108a-dd32-11e3-bda1-9b46b2066796_story.html

Indiana's county- and metro-level unemployment figures set for release May 16 - Evansville Courier & Press :: http://www.courierpress.com/news/2014/may/16/indianas-county-and-metro-level-unemployment-figur/

US Officials on GM's Ignition Defect - New York Times :: http://www.nytimes.com/2014/05/17/business/us-fines-general-motors-35-million-for-lapses-on-ignition-switch-defect.html

17-May-2014 01:52

Treasurys post weekly gain despite Friday pullback - MarketWatch :: http://www.marketwatch.com/story/treasury-rally-takes-a-breather-on-housing-rebound-2014-05-16?link%3DMW_latest_news

Darden books $2.1 billion price for Red Lobster seafood chain - Reuters :: http://www.reuters.com/article/2014/05/16/us-darden-starboard-idUSBREA4F0PX20140516

Steven Cohen pursues new investments - USA TODAY :: http://americasmarkets.usatoday.com/2014/05/16/steven-cohen-pursues-new-investments/

Ireland's Rating Raised by Moody's as Debt Burden Eases (1) - Businessweek :: http://www.businessweek.com/news/2014-05-16/ireland-s-rating-raised-by-moody-s-as-growth-eases-debt-burden

Memorial Day holiday weekend travel to reach post-recession high - Sun-Sentinel :: http://www.sun-sentinel.com/business/fl-aaa-memorial-day-forecast-2014-20140516,0,291952.story

UPDATE 6-GM to pay $35 mln US fine for delayed response to faulty ignitions - Reuters :: http://in.reuters.com/article/2014/05/16/generalmotors-recall-usa-idINL1N0O20KH20140516

Durbin touts student loan proposal in Naperville - Chicago Tribune :: http://www.chicagotribune.com/news/local/suburbs/downers_grove_darien_westmont_woodridge/ct-student-loans-durbin-met-tl-0522-20140516,0,5811615.story

County unemployment drops .9 percent - The Alexander City Outlook :: http://www.alexcityoutlook.com/2014/05/16/county-unemployment-drops-9-percent/

Switzerland Prepares to Vote on World's Highest Minimum Wage - New York Times :: http://www.nytimes.com/2014/05/17/business/international/swiss-to-vote-on-worlds-highest-minimum-wage.html

NY Times: No Need To Reexamine Gender Pay Equity After Abramson Firing - Forbes :: http://www.forbes.com/sites/jeffbercovici/2014/05/16/ny-times-no-need-to-reexamine-gender-pay-equity-after-abramson-firing/?ss%3Dbusiness

17-May-2014 00:51

5 tips for new parents considering life insurance - New Zealand Herald :: http://www.nzherald.co.nz/business/news/article.cfm?c_id%3D3%26objectid%3D11256718%26ref%3Drss

Why the Jill Abramson Firing Hits Home for All Women - Forbes :: http://www.forbes.com/sites/melissasilverstein/2014/05/16/why-the-jill-abramson-firing-hits-home-for-all-women/

How the Dow Jones industrial average fared Friday - Washington Post :: http://www.washingtonpost.com/national/how-the-dow-jones-industrial-average-fared-friday/2014/05/16/15cb9c58-dd3f-11e3-a837-8835df6c12c4_story.html

Piketty On Inequality: Can Macroeconomists Solve This Problem? - Forbes :: http://www.forbes.com/sites/stevedenning/2014/05/16/piketty-on-inequality-can-macroeconomists-solve-this-problems/?ss%3Dbusiness

Swiss to Vote on World's Highest Minimum Wage - New York Times :: http://www.nytimes.com/2014/05/17/business/international/swiss-to-vote-on-worlds-highest-minimum-wage.html

Ireland's Rating Raised by Moody's as Growth Eases Debt Burden - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/ireland-s-rating-raised-by-moody-s-as-growth-eases-debt-burden.html

GM to pay $35 million US fine for delayed response to faulty ignitions - Reuters :: http://www.reuters.com/article/2014/05/16/us-generalmotors-recall-idUSBREA4F0CU20140516

Red Lobster sale by Darden Restaurants nets $2.1 billion (+video) - Christian Science Monitor :: http://www.csmonitor.com/Business/The-Bite/2014/0516/Red-Lobster-sale-by-Darden-Restaurants-nets-2.1-billion-video

SAC's Steinberg Gets 3 1/2 Years as Insider Probe Winds Down (3) - Businessweek :: http://www.businessweek.com/news/2014-05-16/sac-s-steinberg-gets-3-1-2-years-as-insider-probe-winds-down-1

Memorial Day holiday weekend travel to reach post-recession high - Sun-Sentinel :: http://www.sun-sentinel.com/business/fl-aaa-memorial-day-forecast-2014-20140516,0,291952.story

16-May-2014 23:50

Abbott seeks Latin America growth with $3 billion CFR Pharma purchase - Crain's Chicago Business :: http://www.chicagobusiness.com/article/20140516/NEWS03/140519834/abbott-seeks-latin-america-growth-with-3-billion-cfr-pharma-purchase

Pinterest valued at S$6b after funding round - TODAYonline :: http://www.todayonline.com/tech/pinterest-valued-s6b-after-funding-round

AAA: Americans ready to travel after rough winter - Fox News :: http://www.foxnews.com/travel/2014/05/16/aaa-expects-361-million-to-travel-memorial-day-weekend-as-americans-shake-off/

TrueCar Sputters Onto Wall Street Amid a Crowd of Car-Shopping Sites - Businessweek :: http://www.businessweek.com/articles/2014-05-16/truecar-sputters-onto-wall-street-amid-a-crowd-of-car-shopping-sites

UPDATE 4-Darden books $2.1 bln price for Red Lobster seafood chain - Reuters :: http://www.reuters.com/article/2014/05/16/darden-starboard-idUSL3N0O23GL20140516

UPDATE 5-GM to pay maximum US fine for delayed response to faulty ignitions - Reuters :: http://in.reuters.com/article/2014/05/16/generalmotors-recall-usa-idINL1N0O20KH20140516

Piketty On Inequality: Can Macroeconomists Solve This Problem? - Forbes :: http://www.forbes.com/sites/stevedenning/2014/05/16/piketty-on-inequality-can-macroeconomists-solve-this-problems/

State unemployment rate falls to new low - Ansonrecord :: http://www.ansonrecord.com/news/home_top/4778654/State-unemployment-rate-falls-to-new-low

Minimum Wage In Switzerland Could Be Upped To $25 An Hour, Believe It Or Not - Bustle :: http://www.bustle.com/articles/24813-minimum-wage-in-switzerland-could-be-upped-to-25-an-hour-believe-it-or-not

16-May-2014 22:49

Blankfein Sees Concern in Guilty Plea by Any Global Bank - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/blankfein-sees-guilty-plea-by-global-bank-as-cause-for-concern.html

Where could you get $25 minimum wage? - CNNMoney :: http://money.cnn.com/2014/05/16/news/economy/minimum-wage-switzerland/

Utah's jobless rate slips to 3.8 percent in April - Salt Lake Tribune :: http://www.sltrib.com/sltrib/money/57952762-79/percent-april-growth-rate.html.csp

Former SAC Capital Portfolio Manager Steinberg Sentenced to 3.5 Years - Businessweek :: http://www.businessweek.com/articles/2014-05-16/former-sac-capital-portfolio-manager-steinberg-sentenced-to-3-dot-5-years

SEC warns investors about marijuana-related investments - San Diego Source (subscription) :: http://www.sddt.com/news/article.cfm?SourceCode%3D20140516czb%26_t%3DSEC%2Bwarns%2Binvestors%2Babout%2Bmarijuanarelated%2Binvestments

More Ohioans Expect To Travel For Memorial Day Weekend - 1370 WSPD :: http://www.wspd.com/articles/local-news-toledo-315557/more-ohioans-expect-to-travel-for-12363347

GM to engineers: don't use word 'defect' -internal documents - Reuters :: http://www.reuters.com/article/2014/05/16/gm-recall-documents-idUSL1N0O21BJ20140516

Stocks bounce back at end of crazy week - CNNMoney :: http://money.cnn.com/2014/05/16/investing/stocks-markets/

Red Lobster's Biggest Fan Gives Advice to the Chain's New Owners - ABC News :: http://abcnews.go.com/Business/lobstar-shares-advice-golden-gate-capital-red-lobster/story?id%3D23749209

Abbott to Buy CFR Pharmaceuticals to Grow in Latin America (5) - Businessweek :: http://www.businessweek.com/news/2014-05-16/abbott-to-purchase-chile-s-cfr-pharmaceuticals-for-2-dot-9-billion

16-May-2014 21:48

UPDATE 3-Abbott to buy Latin American drugmaker CFR in $2.9 bln deal - Reuters :: http://www.reuters.com/article/2014/05/16/abbott-acquisition-idUSL3N0O23GQ20140516

April unemployment rate falls to 6.2 percent in NC - Chron.com :: http://www.chron.com/news/article/April-unemployment-rate-falls-to-6-2-percent-in-NC-5483940.php

Blankfein Sees Concern in Guilty Plea by Any Global Bank - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/blankfein-sees-guilty-plea-by-global-bank-as-cause-for-concern.html

More Americans heading out of town Memorial Day weekend, AAA says - Newsday :: http://www.newsday.com/long-island/more-americans-heading-out-of-town-memorial-day-weekend-aaa-says-1.8046230

Stocks move higher in afternoon trading - USA TODAY :: http://www.usatoday.com/story/money/markets/2014/05/16/stocks-friday/9166763/

UPDATE 3-Darden books $2.1 bln price for Red Lobster seafood chain - Reuters :: http://in.reuters.com/article/2014/05/16/darden-starboard-idINL3N0O23GL20140516

TrueCar IPO Up 15% - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-534190/

Former SAC Capital Portfolio Manager Steinberg Sentenced to 3.5 Years - Businessweek :: http://www.businessweek.com/articles/2014-05-16/former-sac-capital-portfolio-manager-steinberg-sentenced-to-3-dot-5-years

Swiss to vote on setting minimum wage at $25 an hour - TheCelebrityCafe.com :: http://thecelebritycafe.com/feature/2014/05/swiss-vote-setting-minimum-wage-25-hour

Pinterest Raises Additional $200M To Turn Site Into Discovery Platform - MediaPost Communications :: http://www.mediapost.com/publications/article/226015/pinterest-raises-additional-200m-to-turn-site-int.html?utm_source%3Dfeedburner%26utm_medium%3Dfeed%26utm_campaign%3DFeed%253A%2Bonline-media-daily%2B(MediaPost%2B%257C%2BOnline%2BMedia%2BDaily)

16-May-2014 20:47

Swiss to vote on $25 an hour minimum wage - USA TODAY :: http://www.usatoday.com/story/news/world/2014/05/16/swiss-minimum-wage/9166687/

GM to pay maximum US fine for delaying response to faulty ignitions - Reuters Canada :: http://ca.reuters.com/article/businessNews/idCABREA4F0CU20140516

Pot Bust: The SEC Issues a Warning on Marijuana-Related Investments - Businessweek (blog) :: http://www.businessweek.com/articles/2014-05-16/pot-bust-the-sec-issues-a-warning-on-marijuana-related-investments

Travel for Memorial Day weekend expected to rise 1.5% - Los Angeles Times :: http://www.latimes.com/business/la-fi-summer-memorial-day-20140516-story.html

California jobless rate at lowest level since 2008 - Chron.com :: http://www.chron.com/business/article/California-jobless-rate-at-lowest-level-since-2008-5483709.php

UPDATE 1-SAC's Steinberg gets 3-1/2 years prison for insider trading - Reuters :: http://in.reuters.com/article/2014/05/16/sac-steinberg-idINL1N0O214I20140516

US pharma giant Abbott acquires Chile's CFR for $2.9 bn - Fox News Latino :: http://latino.foxnews.com/latino/news/2014/05/16/us-pharma-giant-abbott-acquires-chile-cfr-for-2-bn/

Russian Rocket Crashes After Takeoff - New York Times :: http://www.nytimes.com/2014/05/17/world/europe/russian-rocket-crashes-after-takeoff.html

Stocks barely budge at end of volatile week - CNNMoney :: http://money.cnn.com/2014/05/16/investing/stocks-markets/

How Old People and Pricey Shrimp Turned Red Lobster Into a Castoff - Businessweek :: http://www.businessweek.com/articles/2014-05-16/how-old-people-and-pricey-shrimp-turned-red-lobster-into-a-castoff

16-May-2014 19:46

Euro Five-Year Swap Rich Versus Butterfly on ECB Cut Speculation - Businessweek :: http://www.businessweek.com/news/2014-05-16/euro-five-year-swap-rich-versus-butterfly-on-ecb-cut-speculation

Deutsche Bank executive warns staff against 'boastful, indiscreet and vulgar ... - The Republic :: http://www.therepublic.com/view/story/a65ba64a5f9746cdbe3c51763325db7c/EU--Britain-Bankers-Behaving-Badly

SEC Warns of Fraud Risks from Marijuana-Related Companies - Wall Street Journal :: http://online.wsj.com/news/articles/SB10001424052702303409004579565941836079328

Swiss to vote in referendum on world's highest minimum wage - The Guardian :: http://www.theguardian.com/world/2014/may/16/swiss-vote-referendum-world-highest-minimum-wage-manufacturing

Jill Abramson Backs Out of Brandeis Commencement - Boston.com :: http://www.boston.com/news/local/massachusetts/2014/05/16/jill-abramson-backs-out-brandeis-commencement/vkQfhacU5JspZ30Z2xSx1O/story.html

Can JC Penney Get Its Soul Back? - Forbes :: http://www.forbes.com/sites/panosmourdoukoutas/2014/05/16/can-jc-penney-get-its-soul-back/

Get out of town! AAA expects uptick in holiday travel - USA TODAY :: http://www.usatoday.com/story/news/nation/2014/05/16/aaa-memorial-day-travelers/9169251/

UPDATE 2-Abbott to buy Latin American drugmaker CFR in $2.9 bln deal - Reuters :: http://in.reuters.com/article/2014/05/16/abbott-acquisition-idINL3N0O23GQ20140516

Ex-SAC Capital Trader Steinberg Sentenced to 3 1/2 Years - New York Times :: http://dealbook.nytimes.com/2014/05/16/ex-sac-capital-trader-steinberg-sentenced-to-3-12-years/

16-May-2014 18:45

U.S. Consumer Sentiment Unexpectedly Deteriorates In May - RTT News :: http://www.rttnews.com/2323442/u-s-consumer-sentiment-unexpectedly-deteriorates-in-may.aspx?type%3Dalleco

Euro Five-Year Swap Rich Versus Butterfly on ECB Cut Speculation - Businessweek :: http://www.businessweek.com/news/2014-05-16/euro-five-year-swap-rich-versus-butterfly-on-ecb-cut-speculation

Surprise! JCPenney Is Re-Gaining Share -- Quickly - Forbes :: http://www.forbes.com/sites/walterloeb/2014/05/16/j-c-penney-is-re-gaining-share-quickly/

How Old People and Pricey Shrimp Turned Red Lobster Into a Castoff - Businessweek :: http://www.businessweek.com/articles/2014-05-16/how-old-people-and-pricey-shrimp-turned-red-lobster-into-a-castoff

Texas jobless rate slips to 5.2 percent in April - Bryan-College Station Eagle :: http://www.theeagle.com/news/texas/texas-jobless-rate-slips-to-percent-in-april/article_8f0a5dca-f945-5fdb-9945-93f2038c51a3.html

Abbott to buy CFR Pharma for $2.9B to expand Latin American business - USA TODAY :: http://www.usatoday.com/story/money/business/2014/05/16/abbott-to-buy-cfr-pharma/9164475/

April jobless rates drop in 43 states - USA TODAY :: http://www.usatoday.com/story/money/business/2014/05/16/april-state-unemployment-rates/9168843/

After painful cuts, Portugal set to exit Eurozone bailout - Los Angeles Times :: http://www.latimes.com/world/europe/la-fg-portugal-exit-eurozone-bailout-20140516-story.html

Deutsche Bank Sells The Cosmopolitan of Las Vegas to Blackstone for $1.7 Billion - PokerNews.com :: http://www.pokernews.com/news/2014/05/deutsche-bank-sells-cosmopolitan-las-vegas-18271.htm

Switzerland to vote on the world's highest base wage - CBS News :: http://www.cbsnews.com/news/switzerland-to-vote-on-the-worlds-highest-base-wage/

16-May-2014 17:44

Housing starts up sharply; permits highest since 2008 - Reuters :: http://www.reuters.com/article/2014/05/16/us-usa-economy-idUSBREA4E0F920140516

Euro slips as periphery bond yields rise - Financial Times :: http://www.ft.com/cms/s/0/bd66650a-dcff-11e3-b73c-00144feabdc0.html

Housing Starts Rose 13.2% in April - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-533950/

Darden to sell Red Lobster for $2.1 billion to Golden Gate Capital - Los Angeles Times :: http://www.latimes.com/business/la-fi-darden-red-lobster-golden-gate-capital-20140516-story.html

Unemployment rates below 6 pct. in 25 US states - Washington Post :: http://www.washingtonpost.com/business/unemployment-rates-below-6-pct-in-25-us-states/2014/05/16/1320f6cc-dd0a-11e3-a837-8835df6c12c4_story.html

Railroads claim national security in keeping oil train routes secret, but feds say ... - The Oregonian :: http://www.oregonlive.com/environment/index.ssf/2014/05/railroads_claim_national_secur.html

UPDATE 2-Abbott to buy Latin American drugmaker CFR in $2.9 bln deal - Reuters :: http://in.reuters.com/article/2014/05/16/abbott-acquisition-idINL3N0O23GQ20140516

Memorial Day travelers projected to rise 1.5 percent, AAA says - Boston Globe :: http://www.bostonglobe.com/business/2014/05/16/memorial-day-travel-projected-rise-percent-aaa-says/brdVVYswiPmuMEs67slNHO/story.html

April unemployment numbers show more people at work - Salisbury Post :: http://www.salisburypost.com/article/20140516/SP01/140519768/1016

16-May-2014 16:43

Stung by weather, profit at Walmart drops 5% - Boston Globe :: http://www.bostonglobe.com/business/2014/05/15/stung-weather-walmart-profit-falls-percent/B48qpnJZPcFwsITEDGcUGM/story.html

Taiwan Seeks Compensation as Vietnam Factories Restart - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/china-steel-yue-yuen-restart-production-lines-in-vietnam.html

Stocks to Watch: JC Penney, Darden Restaurants, CFR Pharmaceuticals - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-533883/

GM, DOT Settle Ignition Switch Probe - Wall Street Journal :: http://online.wsj.com/article/SB10001424052702304908304579565692177164868.html

Home Starts Jump as U.S. Builders Freed From Winter Slowdown - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/home-starts-jump-as-u-s-builders-freed-from-winter-slowdown-1-.html

As Jill Abramson exits the NY Times, a look at how women are faring in ... - Pew Research Center :: http://www.pewresearch.org/fact-tank/2014/05/16/as-jill-abramson-exits-the-ny-times-a-look-at-how-women-are-faring-in-newsrooms/

Pin this to your board: Pinterest now worth $5-billion - The Globe and Mail :: http://www.theglobeandmail.com/technology/business-technology/pin-this-to-your-board-pinterest-now-worth-5-billion/article18712236/

US consumer sentiment slips in May, focus on wages - The Globe and Mail :: http://www.theglobeandmail.com/report-on-business/economy/us-consumer-sentiment-slips-in-may-focus-on-wages/article18712420/?cmpid%3Drss1

Euro slips as periphery bond yields rise - Financial Times :: http://www.ft.com/cms/s/0/bd66650a-dcff-11e3-b73c-00144feabdc0.html

Red Lobster Going to Private Equity in Darden Sale - Bloomberg :: http://www.bloomberg.com/video/red-lobster-going-to-private-equity-in-darden-sale-8Eq8Jf0MQhi7blZDBHbSEQ.html

16-May-2014 15:42

Murray urges safety steps for short-line railroads - The Columbian :: http://www.columbian.com/news/2014/may/15/murray-urges-safety-steps-short-line-railroads/

Wal-Mart Stores Inc. (WMT) Dropped To A 1-Month Low After Q1 Miss - RTT News :: http://www.rttnews.com/2322990/wal-mart-stores-inc-wmt-dropped-to-a-1-month-low-after-q1-miss.aspx?type%3Dsta%26SimRec%3D1

Apple supplier Foxconn forced to shut Vietnam factory due to protests - Apple Insider :: http://appleinsider.com/articles/14/05/16/apple-supplier-foxconn-forced-to-shut-vietnam-factory-due-to-protests

Sweden Urges Shareholders to Reject AstraZeneca Takeover - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/sweden-s-borg-urges-shareholders-to-reject-astrazeneca-takeover.html

Darden to Sell Red Lobster for $2.1 Billion - New York Times :: http://dealbook.nytimes.com/2014/05/16/darden-to-sell-red-lobster-for-2-1-billion/

Taiwan Seeks Compensation as Vietnam Factories Restart - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/china-steel-yue-yuen-restart-production-lines-in-vietnam.html

Home Starts Jump as U.S. Builders Freed From Winter Slowdown - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/home-starts-jump-as-u-s-builders-freed-from-winter-slowdown-1-.html

Bailout ends but austerity stays for Portugal - Post-Bulletin :: http://www.postbulletin.com/business/national/bailout-ends-but-austerity-stays-for-portugal/article_b7e8b4b5-e57b-518e-8593-0bf479441a8c.html

Abbott to Buy Latin American Drug Company for $2.9 Billion - New York Times :: http://dealbook.nytimes.com/2014/05/16/abbott-to-buy-latin-american-drug-company-for-2-9-billion/

Chesapeake Energy to Spin Off Oil Services Unit - New York Times :: http://dealbook.nytimes.com/2014/05/16/chesapeake-energy-to-spin-off-oil-services-unit/

16-May-2014 14:41

Bakken Crude Is Volatile, but Train Operators Have Made Mistakes, too - Businessweek :: http://www.businessweek.com/articles/2014-05-16/bakken-crude-is-volatile-but-train-operators-have-made-mistakes-too

Portugal exits bailout poorer and long way from recovery - Irish Independent :: http://www.independent.ie/business/world/portugal-exits-bailout-poorer-and-long-way-from-recovery-30279546.html

Pinterest Raises More Money, Fetching a Valuation of $5 Billion - New York Times :: http://dealbook.nytimes.com/2014/05/15/pinterest-raises-more-money-fetching-a-valuation-of-5-billion/

German Bonds Set for Weekly Gain on ECB; Greek Debt Falls - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/spanish-italian-bonds-set-for-weekly-decline-as-bunds-halt-gain.html

Abbott to Buy CFR Pharmaceuticals for About $2.9 Billion Plus Debt - Bloomberg :: http://www.bloomberg.com/news/2014-05-16/abbott-agrees-to-purchase-chile-s-cfr-pharmaceuticals.html

Vietnam leader sends texts amid South China Seas standoff - USA TODAY :: http://www.usatoday.com/story/news/world/2014/05/16/vietnam-china-oil-rig-tensions/9163337/

Darden Announces Sale of Red Lobster to Golden Gate Capital for $2.1 Billion - MarketWatch :: http://www.marketwatch.com/story/darden-announces-sale-of-red-lobster-to-golden-gate-capital-for-21-billion-2014-05-16?reflink%3DMW_news_stmp

Surprise! JCPenney Is Re-Gaining Share -- Quickly - Forbes :: http://www.forbes.com/sites/walterloeb/2014/05/16/j-c-penney-is-re-gaining-share-quickly/

Stock Futures Edge Lower Ahead of Housing Data - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-533817/

Will This Price Target Cut Hurt Walmart (WMT) Stock Today? - TheStreet.com :: http://www.thestreet.com/story/12711713/1/will-this-price-target-cut-hurt-walmart-wmt-stock-today.html

16-May-2014 13:40

David Tepper Bought Stakes In Facebook, Priceline And Expedia (FB, HAL, SPY) - Nebraska City News Press :: http://www.ncnewspress.com/article/20140515/NEWS/305159965/-1/sports

Numericable in Talks to Buy Virgin Mobile France - New York Times :: http://dealbook.nytimes.com/2014/05/16/numericable-in-talks-to-buy-virgin-mobile-france/

Bakken Crude Is Volatile, but Train Operators Have Made Mistakes, too - Businessweek :: http://www.businessweek.com/articles/2014-05-16/bakken-crude-is-volatile-but-train-operators-have-made-mistakes-too

Deutsche Bank sells lossmaking Cosmopolitan casino for $1.7bn - BBC News :: http://www.bbc.co.uk/news/business-27435450

Spanish, Italian Bonds Set for Weekly Decline as Bunds Halt Gain - Businessweek :: http://www.businessweek.com/news/2014-05-16/spanish-italian-bonds-set-for-weekly-decline-as-bunds-halt-gain

PRECIOUS-Gold struggles below $1300; platinum eyes biggest weekly gain in 3 ... - Reuters :: http://www.reuters.com/article/2014/05/16/markets-precious-idUSL3N0O226Y20140516

Violence abates in Vietnam as US warns China for 'provocation" - Reuters :: http://www.reuters.com/article/2014/05/16/us-vietnam-china-idUSBREA4F08G20140516

Pinterest Raises More Money, Fetching a Valuation of $5 Billion - New York Times :: http://dealbook.nytimes.com/2014/05/15/pinterest-raises-more-money-fetching-a-valuation-of-5-billion/

Wal-Mart Stores Inc. (WMT) Dropped To A 1-Month Low After Q1 Miss - RTT News :: http://www.rttnews.com/2322990/wal-mart-stores-inc-wmt-dropped-to-a-1-month-low-after-q1-miss.aspx?type%3Dbtb%26utm_source%3Dgoogle%26utm_campaign%3Dsitemap

JC Penney Company Inc (NYSE:JCP) Reports Earnings - NYSE Post :: http://nysepost.com/j-c-penney-company-inc-nysejcp-reports-earnings-103962

16-May-2014 12:39

City earned freedom from Shakman — but it also must earn our trust - Chicago Sun-Times :: http://www.suntimes.com/news/brown/27472989-452/city-earned-freedom-from-shakman-but-it-also-must-earn-our-trust.html

Update on the latest in business: - KRGV :: http://www.krgv.com/news/update-on-the-latest-in-business--714129

Wal-Mart is hurting for shoppers - KTUU.com :: http://www.ktuu.com/news/business/Wal-Mart-is-hurting-for-shoppers/25995718

ECB Urged to Buy Bailout Bonds; Rate Cut Won't Aid Growth - Bloomberg :: http://www.bloomberg.com/news/2014-05-15/draghi-urged-to-stop-being-shy-and-purchase-euro-bailout-bonds.html

Bakken Crude Is Volatile, but Train Operators Have Made Mistakes, too - Businessweek :: http://www.businessweek.com/articles/2014-05-16/bakken-crude-is-volatile-but-train-operators-have-made-mistakes-too

J.C. Penney Company, Inc. Stock Soars 25% On Sales Jump - ValueWalk :: http://www.valuewalk.com/2014/05/j-c-penney-company-inc-jcp-soars-25/

Deutsche Bank sells lossmaking Cosmopolitan casino for $1.7bn - BBC News :: http://www.bbc.co.uk/news/business-27435450

Cramer's Mad Money - David Tepper's Nervous Moment (5/15/14) - Seeking Alpha :: http://seekingalpha.com/article/2222053-cramers-mad-money-david-teppers-nervous-moment-5-15-14?source%3Dgoogle_news

Apple Supplier to Suspend Vietnam Operations - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-533744/

Friday, May 16: Today in Gold and Silver - TheStreet.com :: http://www.thestreet.com/story/12711611/1/friday-may-16-today-in-gold-and-silver.html

16-May-2014 11:38

Murray urges safety steps for short-line railroads - The Columbian :: http://www.columbian.com/news/2014/may/15/murray-urges-safety-steps-short-line-railroads/

James Packer kept out of Las Vegas by Blackstone - Sydney Morning Herald :: http://www.smh.com.au/business/the-economy/james-packer-kept-out-of-las-vegas-by-blackstone-20140516-38dcg.html

City earned freedom from Shakman — but it also must earn our trust - Chicago Sun-Times :: http://www.suntimes.com/news/brown/27472989-452/city-earned-freedom-from-shakman-but-it-also-must-earn-our-trust.html

Mixed news drops stocks, props bonds - Philly.com :: http://www.philly.com/philly/business/20140516_Mixed_news_drops_stocks__props_bonds.html

Wal-Mart Sales Growth Weakest in 5 Years, Outlook Disappoints - NDTV :: http://profit.ndtv.com/news/corporates/article-wal-mart-sales-growth-weakest-in-5-years-outlook-disappoints-388537

Gold below $1300; platinum heads for best week in 3 months - CNBC.com :: http://www.cnbc.com/id/101678352

China, Vietnam ministers to hold talks on anti-China riots - Reuters :: http://www.reuters.com/article/2014/05/16/us-china-vietnam-riots-idUSBREA4F06Z20140516

Global shares, peripheral bonds hit by growth worry - Reuters India :: http://in.reuters.com/article/2014/05/16/us-markets-global-idINBRE96S00E20140516

J.C. Penney Company, Inc. Soars 25% On Sales Jump - ValueWalk :: http://www.valuewalk.com/2014/05/j-c-penney-company-inc-jcp-soars-25/

David Tepper is right, use caution: Michael Farr - CNBC.com :: http://www.cnbc.com/id/101677853

16-May-2014 10:37

Murray urges safety steps for short-line railroads - The Columbian :: http://www.columbian.com/news/2014/may/15/murray-urges-safety-steps-short-line-railroads/

James Packer kept out of Las Vegas by Blackstone - Sydney Morning Herald :: http://www.smh.com.au/business/the-economy/james-packer-kept-out-of-las-vegas-by-blackstone-20140516-38dcg.html

Stung by weather, profit at Walmart drops 5% - Boston Globe :: http://www.bostonglobe.com/business/2014/05/15/stung-weather-walmart-profit-falls-percent/B48qpnJZPcFwsITEDGcUGM/story.html

PRECIOUS-Gold below $1300; platinum heads for best week in 3 months - Reuters :: http://in.reuters.com/article/2014/05/16/markets-precious-idINL3N0O20QY20140516

Earnings: Penney beats expectations as sales improve - Columbus Dispatch :: http://www.dispatch.com/content/stories/business/2014/05/16/penney-beats-expectations-as-sales-improve.html

Fast-food workers protest at McDonald's, other restaurants - Chicago Tribune :: http://www.chicagotribune.com/business/ct-fast-food-wage-strikes-0516-biz-20140516,0,4916277.story

Mixed news drops stocks, props bonds - Philly.com :: http://www.philly.com/philly/business/20140516_Mixed_news_drops_stocks__props_bonds.html

FOREX-Subdued US yields hurts dollar; euro lifted from recent lows - Reuters :: http://www.reuters.com/article/2014/05/16/markets-forex-idUSL6N0O21GA20140516

Watchful China should do as Japan says not as it did - Financial Times :: http://www.ft.com/cms/s/0/219d34be-da93-11e3-8273-00144feabdc0.html

David Tepper is right, use caution: Michael Farr - CNBC.com :: http://www.cnbc.com/id/101677853

16-May-2014 09:36

James Packer kept out of Las Vegas by Blackstone - Sydney Morning Herald :: http://www.smh.com.au/business/the-economy/james-packer-kept-out-of-las-vegas-by-blackstone-20140516-38dcg.html

Euro inches away from 2-1/2-month lows, fall in US yields hurts dollar - Economic Times :: http://economictimes.indiatimes.com/markets/forex/euro-inches-away-from-2-1/2-month-lows-fall-in-us-yields-hurts-dollar/articleshow/35188772.cms

Stung by weather, profit at Walmart drops 5% - Boston Globe :: http://www.bostonglobe.com/business/2014/05/15/stung-weather-walmart-profit-falls-percent/B48qpnJZPcFwsITEDGcUGM/story.html

PRECIOUS-Gold below $1300; platinum heads for best week in 3 months - Reuters :: http://in.reuters.com/article/2014/05/16/markets-precious-idINL3N0O20QY20140516

Earnings: Penney beats expectations as sales improve - Columbus Dispatch :: http://www.dispatch.com/content/stories/business/2014/05/16/penney-beats-expectations-as-sales-improve.html

City earned freedom from Shakman — but it also must earn our trust - Chicago Sun-Times :: http://www.suntimes.com/news/brown/27472989-452/city-earned-freedom-from-shakman-but-it-also-must-earn-our-trust.html

Nikkei slides on stronger yen; posts 3rd weekly loss in past month - Reuters :: http://www.reuters.com/article/2014/05/16/markets-japan-stocks-idUSL3N0O21OE20140516

Senators push to fund crude oil safety training for smaller railroads - TheNewsTribune.com :: http://www.thenewstribune.com/2014/05/15/3196392/senators-push-to-fund-crude-oil.html?sp%3D/99/296/358/

Is China No. 1 (in GDP)? - Washington Post :: http://www.washingtonpost.com/opinions/robert-samuelson-economic-power-shifting-in-chinas-favor/2014/05/14/bee0d608-daf3-11e3-b745-87d39690c5c0_story.html

David Tepper is right, use caution: Michael Farr - CNBC.com :: http://www.cnbc.com/id/101677853