In a week bustling with business news, Thursday stood out in what could now be declared IPO day, with both Etsy and Party City trading feverishly on their first day on the market. Not to be too outdone, Wednesday also proved to be an interesting day for business news with the early morning announcement that the European Union would formally accuse Google of antitrust violations.
What follows are what Talking Biz News views as the top ten stories of the week:
Monday
- Why Under Armour was the Masters’ real winner, by Ben Geier of Fortune
- Russia’s shocking rebound: The ruble has climbed 34 percent in just two months, by Matt O’Brien of The Washington Post
Tuesday
- Inadvertent email prompts Penny to update sales view, by Suzanne Kapner of The Wall Street Journal
- Exclusive: Ford plans $2.5 billion investment in Mexico – sources, by Reuters News
Wednesday
- EU formally accuses Google of antitrust violations, by Klint Finley of Wired
- This is the protestor who got into the ECB and glitter-bombed Mario Draghi, by Mike Bird of Business Insider
Thursday
- Etsy I.P.O. tests pledge to balance social mission and profit, by Hiroko Tabuchi of The New York Times
- Party City rises 21 percent at open after pricing IPO at $17, by Ben Berkowitz of CNBC
Friday
- JPMorgan Chase, Goldman Sachs signal Wall Street banks are back, by Carleton English of The Street
- A “Star Wars”-themed R2-D2 tribute jet is ready to take flight, by Adam Epstein of Quartz