Tagged: Coverage

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Fed rejects Citi capital plan

Wednesday wasn’t the best for Citigroup or its shareholders. The Federal Reserve Board again said the bank wasn’t ready to deal with financially stressful situations and rejected plans for stock buybacks. Writing for Reuters,...

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Candy Crush maker prices IPO

King Digital Entertainment sold shares to the public in the middle of its stated price range, indicating that investors willing to invest, just not the soaring amounts that other tech companies have garnered recently....

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Apple and Comcast in talks

Streaming television is getting a new competitor. The Wall Street Journal had the internet abuzz Sunday night with a report that Apple is talking to Comcast about a TV service that would bypass the...

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Airbnb valued at $10 Billion

Earning a piece of travelers’ wallets is big business, and Airbnb is proving just how lucrative it can be. The company is close to closing funding valuing it at more than $10 billion. Michael...

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Yellen makes Federal Reserve debut

Janet Yellen’s debut didn’t say anything out of the ordinary, but apparently, investors didn’t care for her commentary. The Wall Street Journal story by Jon Hilsenrath and Victoria McGrane led with investor reaction to...

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NY takes aim at high frequency traders

The opaque world of high frequency trading is coming under increasing scrutiny from regulators as the New York Attorney General Eric Schneiderman said he was looking into practices in the space. Andrew R. Johnson...

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More troubles for GM

General Motors Co. is increasing its response to safety issues, recalling more vehicles and vowing to do better. The coverage focused on various aspects of the crisis, but the long-term impact on the company...

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China’s Alibaba Plans U.S. IPO

The market for initial public offerings is heating up. To prove it, China’s e-commerce site Alibaba is planning to list its shares in the U.S. in a long-awaited share sale. Reuters has these details...

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BP allowed to drill again

BP is back. After nearly four years of suspension after a disastrous Gulf of Mexico oil spill in 2010, the company is now able to sign new drilling leases. Here’s the story from Politico...