CNBC
Facebook In Waze Talks: Report
Facebook is in advanced talks to acquire Israeli mobile satellite navigation start-up Waze for $800 million to $1 billion, business daily Calcalist reported on Thursday.
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Einhorn: Do Your Own Homework
David Einhorn had some blunt advice on Wednesday for his fellow investors: Do your own homework.
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Sony Posts Highest Annual Profit in Five Years
Japan's Sony posted a net profit of 43 billion yen for the year ended March 31, 2013.
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Hedge Fund Billionaire Paulson Glosses Over Losses
Days after reporting deep losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term.
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China Inflation Data Show Central Bank Dilemma
China's annual consumer inflation rose by more than expected in April while factory prices fell for a 14th consecutive month.
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Reinhart and Rogoff Publish Correction
Reinhart and Rogoff published an errata to their infamous 2010 paper, acknowledging further errors in the figures, the FT reports.
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A Lot More 'Juice' in the Yuan Trade
Analysts tell CNBC the measures taken by Beijing will do little to derail a strengthening Chinese currency.
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US Production Set to Overtake Imports
The gap between how much oil the U.S. produces and how much it imports is narrowing fast.
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Bank of Korea Cuts Rates in Surprise Move
South Korea's central bank cut interest rates for the first time in seven months on Thursday, confounding the expectations of most market analysts.
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'The Beginning of the End Has Begun,' Japan
Japan will be consumed by a debt crisis surpassing the U.S. subprime crash, a leading U.S.-based hedge fund manager has warned. The Financial Times reports.
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Next Test for Rally? Jobless Claims
For a market that got pumped up because a so-so monthly jobs report wasn't a disaster, Thursday's jobless claims will be big.
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Hard Times for Hard Drives: Chanos
The mobile-computing revolution is bad news for the hard drive business, Jim Chanos warns.
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Groupon Soars After Revenue Beat
Groupon shares rose sharply after-hours after the daily deals site delivered a strong beat on revenue.
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JPMorgan Faces Possible Action by Regulators
JPMorgan faces possible action by regulators due to a confidential document finding evidence of manipulated trading.
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Microsoft Gets a New CFO
Microsoft on Wednesday named Amy Hood, head of finance of its Office division, as its new chief financial officer.
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Tesla Earnings Blow Past Forecasts
Electric-car manufacturer Tesla reported its first quarterly profit, beating expectations. Shares surged after-hours.
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49ers Strike Stadium Naming Rights Deal
Levi Strauss and the 49ers reached a $220 Million, 20-year naming rights deal for the team's future stadium.
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Starbucks Triples Single-Serve Brands
Starbucks and Green Mountain Coffee Roasters announced that they've inked a new agreement to expand their partnership.
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Activision Earnings Beat
Activision Blizzard warned investors that it expects a challenging second-half of the year. Shares tumbled.
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What's Behind the Stock Market Rally
Massive liquidity, an ongoing search for yield, modestly higher corporate earnings, heavy stock buybacks, and the Fed's bond-buying program is fueling stocks to new highs.
Categories: US News