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Business and Finance
Tudors Jones Apologizes for Remarks on Female Traders Bloomberg
2013-05-24 22:28:46.0 - Google News

Paul Tudor Jones the billionaire investor who sought yesterday to clarify remarks that drew protests apologized for saying that women cant compete with men as macro traders after having children Much of my adult life has been spent fighting for equal - Read the full story here.
Visa MasterCard Sue InterchangeFee Settlement Drop Outs Bloomberg
2013-05-24 22:00:24.0 - Google News

Visa Inc V and MasterCard Inc MA sued trade groups and retailers that rejected a 725 billion settlement in a pricefixing suit and asked a court to rule that the card companies fee practices werent illegal The settlement described by plaintiffs as the - Read the full story here.
Hulu Said to Get Bid From KKR Silver Lake Bloomberg
2013-05-24 21:53:46.0 - Google News

KKR amp Co KKR and Silver Lake Management LLC are vying with Yahoo Inc YHOO to acquire Hulu LLC escalating a bidding war that has attracted cable and satellite TV private equity a talent agency and media mogul Peter Chernin KKR and Silver - Read the full story here.
China to allow US auditors access to records of Chinese firms Malaysia Sun
2013-05-24 21:43:40.0 - Google News

BEIJING Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms The signing of the MOU between China - Read the full story here.
Visa MasterCard Fire Back on Card Fees Wall Street Journal
2013-05-24 21:42:05.0 - Google News

Visa Inc and MasterCard Inc are firing back at retail trade groups who oppose a pending 725 billion settlement over transaction fees for using credit and debit cards The worlds largest payment networks asked a federal judge Friday to rule that their - Read the full story here.
Visa MasterCard Fire Back on Card Fees Wall Street Journal
2013-05-24 21:39:56.0 - Google News

Visa Inc and MasterCard Inc are firing back at retail trade groups who oppose a pending 725 billion settlement over transaction fees for using credit and debit cards The worlds largest payment networks asked a federal judge Friday to rule that their - Read the full story here.
Sears Plunges After 279 Million Quarterly Loss Businessweek
2013-05-24 21:30:48.0 - Google News

Sears Holdings Corp SHLD fell the most in six months after posting a 279 million firstquarter loss that Chairman and Chief Executive Officer Edward Lampert said he needs to reverse to transform the departmentstore chain Sears slid 14 percent to 5025 - Read the full story here.
Bausch Lomb Unit Pays 335 Million in Misbranding Case Bloomberg
2013-05-24 21:28:38.0 - Google News

Ista Pharmaceuticals Inc a unit of Bausch amp Lomb Inc that makes medicine to treat eye ailments agreed to pay 335 million to resolve federal claims of misbranding and paying kickbacks related to the drug Xibrom The company today also pleaded guilty to - Read the full story here.
PG downplays significance of CEO swap Chicago Tribune
2013-05-24 21:25:51.0 - Google News

Procter amp Gamble Co which is in the midst of a major restructuring has replaced Bob McDonald as chairman and CEO with his predecessor AG Lafley The worlds largest consumer products maker said however that the move was not an indication of any - Read the full story here.
PGs Product Push Wall Street Journal
2013-05-24 21:21:35.0 - Google News

Former Procter amp Gamble CEO Robert McDonald came under pressure to adapt the company to changes in the way consumers shop and tougher global competition On Thursday the consumerproducts giant replaced Mr McDonald with retired predecessor - Read the full story here.
Visa MasterCard Strike Back at SwipeFee Settlement Foes Wall Street Journal
2013-05-24 21:02:34.0 - Google News

Visa Inc V and MasterCard Inc MA are firing back at retail trade groups trying to derail a pending 725 billion settlement over socalled merchant swipe fees The worlds largest payment networks asked a federal judge Friday to rule that their practices for - Read the full story here.
Sears Abercrombie Procter Gamble Pandora are big market movers on Friday Washington Post
2013-05-24 20:55:38.0 - Google News

NEW YORK Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market NYSE More business news GarciaRuiz named WaPo managing editor Steven Mufson Former sports and metro editor - Read the full story here.
Wall Street posts first weekly loss since midApril on Fed angst Reuters
2013-05-24 20:44:14.0 - Google News

By Angela Moon NEW YORK Fri May 24 2013 459pm EDT NEW YORK Reuters The SampP 500 declined for a third day on Friday with the three major stock indexes posting their first negative week since midApril on lingering concern that the central bank - Read the full story here.
Stimulus fears haunt share markets dollar recovers Reuters
2013-05-24 20:44:14.0 - Google News

By Herbert Lash NEW YORK Fri May 24 2013 435pm EDT NEW YORK Reuters Global equity markets slipped on Friday over worries the US Federal Reserve may curb a stimulus program that has lifted stocks while the dollar recovered against the - Read the full story here.
Bausch Lombs Ista pleads guilty over kickbacks Fox Business
2013-05-24 20:41:33.0 - Google News

Ista Pharmaceuticals Inc pleaded guilty on Friday to charges it used kickbacks and improper marketing to boost sales of a drug meant to treat eye pain and agreed to pay 335 million to settle criminal and civil liability the US Department of Justice said - Read the full story here.
Justice Department opposes AMRs 20 million severance for CEO Horton Reuters
2013-05-24 20:38:51.0 - Google News

By Nick Brown Fri May 24 2013 433pm EDT Reuters A plan by American Airlines parent to exit bankruptcy and merge with US Airways Group LCCN is coming under fire from the US Department of Justice over nearly 20 million in severance pay - Read the full story here.
Sears shares slide on wider loss Chicago Tribune
2013-05-24 20:32:31.0 - Google News

Shares of the Sears Holdings Corp closed down nearly 14 percent to 5025 Friday after the retailer reported a biggerthanexpected quarterly loss Thursday night The steep drop wiped out nearly all the gains Sears stock has made in the last year Shares - Read the full story here.
Bausch Lombs Ista pleads guilty over kickbacks Reuters
2013-05-24 20:28:48.0 - Google News

By Jonathan Stempel Fri May 24 2013 425pm EDT Reuters Ista Pharmaceuticals Inc WPRISIUL pleaded guilty on Friday to charges it used kickbacks and improper marketing to boost sales of a drug meant to treat eye pain and agreed to pay 335 - Read the full story here.
Stocks ease back after volatile week Financial Times
2013-05-24 20:25:31.0 - Google News

Friday 2120 BST Global equity prices the dollar and core US and German government bond yields moved lower on Friday as investors looked back over a week characterised by extreme market volatility The FTSE AllWorld equity index edged down - Read the full story here.
Yahoo joins growing list of bidders for Hulu sources Reuters
2013-05-24 20:24:45.0 - Google News

By Ronald Grover and Greg Roumeliotis LOS ANGELESNEW YORK Fri May 24 2013 419pm EDT LOS ANGELESNEW YORK Reuters Yahoo Inc has submitted a formal proposal to buy Hulu joining a growing list of bidders for the video service owned - Read the full story here.
Wall Street wanes on Fed uncertainty SP dips for third day Reuters India
2013-05-24 20:24:08.0 - Google News

NEW YORK Sat May 25 2013 144am IST NEW YORK Reuters The SampP 500 declined for a third day on Friday with the three major US stock indexes posting their first negative week since midApril on lingering concern that the US central bank may - Read the full story here.
Citigroup Presses AMR to Decide on CreditCard Tie Bloomberg
2013-05-24 20:22:31.0 - Google News

Citigroup Inc C asked the judge overseeing American Airlines AAMRQ bankruptcy to force the carrier to decide by July 2 whether to retain the banks partnership in its loyalty creditcard and mileage program or risk a multibilliondollar claim American and - Read the full story here.
Orders for US Durable Goods Rose More Than Forecast in April Bloomberg
2013-05-24 20:16:34.0 - Google News

Orders for US durable goods increased more than forecast in April indicating the worlds largest economy will get a lift in the second half of the year as business investment strengthens Bookings for equipment meant to last at least three years increased 33 - Read the full story here.
Commentary New rules unCOOL CattleNetworkcom
2013-05-24 20:14:12.0 - Google News

As tougher Country of Origin Labeling COOL rules are set to be imposed by USDA the immediate reaction from the industry is decidedly uncool Under current rules meat processors can comingle beef trim and other wholemuscle cut from different - Read the full story here.
McDonalds CEO schooled by 9yearold on healthy food at shareholders meeting New York Daily News
2013-05-24 20:11:19.0 - Google News

A 9yearold girl took on the head of McDonalds Corp during the fastfood chains annual shareholders meeting Thursday quotIt would be nice if you stopped trying to trick kids into wanting to eat your food all the timequot said fourthgrader Hannah Robertson who - Read the full story here.
KKR Yahoo and Silver LakeWME join list of Hulu suitors Los Angeles Times
2013-05-24 20:10:06.0 - Google News

The list of potential suitors for Hulu keeps getting longer On Friday Yahoo submitted a bid for the online video site coowned by entertainment giants News Corp Walt Disney Co and Comcast Corp Also jumping into the fray are private equity firms KKR - Read the full story here.
UPDATE 1Yahoo joins growing list of bidders for Hulu sources Reuters
2013-05-24 20:07:13.0 - Google News

Fri May 24 2013 405pm EDT By Ronald Grover and Greg Roumeliotis LOS ANGELESNEW YORK May 24 Reuters Yahoo Inc has submitted a formal proposal to buy Hulu joining a growing list of bidders for the video service owned by News Corp and - Read the full story here.
Lafley at PG Ullman at Penney When Does It Make Sense to Rehire the CEO Forbes
2013-05-24 20:05:36.0 - Google News

Its a rare move to bring back a CEO to run a struggling company Procter amp Gamble Procter amp Gamble and JC Penney will offer new test cases of whether its a good idea It wont be easy past experience suggeststhough leaders like Steve Jobs and Harold - Read the full story here.
Mother Jones Taper Caper Revolving PG CEOs CNBCcom
2013-05-24 19:57:06.0 - Google News

It appears that hedge fund heavyweight Paul Tudor Jones is working from the notes of Larry Summers with his controversial comments that women will never surpass men as great investors or traders He went so far as to link the lifechanging emotional - Read the full story here.
Chile slaps 16 million fine on Canada mine company AFP
2013-05-24 19:35:00.0 - Google News

SANTIAGO Chiles environmental authorities slapped a 164 million fine Friday on Canadian mining company Barrick Gold for quotseriousquot violations at its unfinished gold mine near the border with Argentina Officials here said the fine was levied after a - Read the full story here.

 
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