Aug 22, 2013

Google Alert - Business News

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Nasdaq market paralyzed by three hour shutdown Reuters
By Chuck Mikolajczak and Rodrigo Campos. NEW YORK | Thu Aug 22, 2013 7:50pm EDT. NEW YORK (Reuters) - Trading in thousands of U.S. stocks ground to a halt for much of Thursday after an unexplained technological problem shut down trading in ...
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Koch brothers lose interest in Tribune papers USA TODAY
SHARE 54 CONNECT 49 TWEET 1 COMMENTEMAILMORE. The Koch brothers have dropped their controversial pursuit of Tribune Co.'s newspapers. But "Koch continues to have an interest in the media business, and we're exploring a broad range of ...
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UPS to end health insurance for working spouses Washington Post
DALLAS — United Parcel Service plans to drop health insurance benefits for working spouses of nonunion employees if they can get coverage elsewhere. It blames the change partly on the new health-care law. UPS estimates that 15,000 of the 33,000 ...
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Pandora's Not Worried About Apple Or Anything, But It Should Be Forbes
Pandora's latest numbers were the proverbial mixed big, yet somehow outgoing CEO Joe Kennedy sees the company as "firing on all cylinders." With competitors like Spotify continuing to grow, and with Apple Apple's iTunes Radio entering the market next ...
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Jackson Hole Without Bernanke Focuses on Global Policy Bloomberg
The Federal Reserve's annual monetary conference in Jackson Hole, Wyoming, will probably focus on global central banks as Ben S. Bernanke becomes the first Fed chairman to pass up the meeting since 1988. "In recent years we've all been looking for ...
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UPDATE 1-New Martoma indictment describes second doctor as insider source Reuters
Fri Aug 23, 2013 3:35am IST. By Emily Flitter. NEW YORK Aug 22 (Reuters) - U.S. prosecutors on Thursday restated their case against a former portfolio manager who worked for Steven A. Cohen's hedge fund SAC Capital Advisors, adding a new twist to what ...
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Carl Icahn suggests Apple to boost buyback USA TODAY
SHARE 11 CONNECT 11 TWEET 5 COMMENTEMAILMORE. SAN FRANCISCO — Billionaire investor Carl Icahn took to the Twittersphere once again on the topic of tech giant Apple, saying he's got CEO Tim Cook's ear on a buyback. "Spoke to Tim. Planning ...
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Mom-and-Pop Investors Bolt Emerging Markets Wall Street Journal
Retail investors have led the summer stampede out of emerging-market stocks, bonds and currencies, pulling almost twice as much money as institutional investors such as insurance companies and pension funds. The action highlights the outsize impact ...
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Upbeat US Data Lift Asian Shares Wall Street Journal
Asian stocks rose Friday following positive manufacturing data from the U.S., with Japan leading gains, at the end of what looks set to be the worst week for Indonesian stocks since 2011. U.S. factory activity climbed to a five-month high in August, according to ...
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Snafu marks more trouble for Nasdaq Politico
Another debacle on Wall Street is causing alarm in Washington. The Nasdaq stock exchange was offline for three hours on Thursday, an embarrassing snafu that quickly prompted briefings for President Barack Obama and Treasury Secretary Jack Lew.
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