US and World News

ZDNet
Bloomberg names ex-IBM chief to lead independent review
Financial Times
Bloomberg has appointed Sam Palmisano, the former chairman and chief executive of IBM, to lead an independent review of how it handles client information, after customers voiced concern that reporters had been tracking how they used their ...
Bloomberg taps ex-IBM CEO to review data policiesMarketWatch
Bloomberg Names Former IBM CEO Palmisano to Advise on Data PrivacyAll Things Digital
Bloomberg appoints ex-IBM CEO Palmisano as privacy advisor after journalists ...Brandon Sun
CITY A.M. (blog)
all 11 news articles »

Economic Times
April Leading Indicators Index in U.S. Rises More than Forecast
Bloomberg
The index of U.S. leading indicators climbed in April, a rebound from March that suggests the world's largest economy will accelerate later this year. The Conference Board's gauge of the outlook for the next three to six months climbed 0.6 percent in April after ...
Gauge of economy's future health up in AprilGreen Bay Press Gazette
Leading economic indicators rise in AprilMarketWatch
Stocks Firmly Positive On Upbeat Economic Data - U.S. CommentaryNASDAQ
Worcester Business Journal -UPI.com -HispanicBusiness.com
all 31 news articles »

San Francisco Chronicle
Weekly ETF Leaders and Laggards: XME, GDXJ
Forbes
The SPDR S&P Metals and Mining ETF (XME) outperformed other Metals ETFs this week, off about 3.5%. Components of that ETF showing particular strength this week include shares of Commercial Metals (CMC), up about 1.2% and shares of Compass ...
Even in this market, don't forget to be disciplinedMSN Money
Did Big Money Managers Drive Down Gold's Price?Barron's (blog)
Gold prices may bounce, allocate 10% portfolio to precious metal: AnalystEconomic Times
ETF Trends -NASDAQ -Globe and Mail
all 40 news articles »

IBNLive
Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling
Forbes
According to multiple reports (the first coming from All Things D), the social blogging site is in serious talks with Yahoo Yahoo, which is looking to secure a strategic investment, partnership or even an outright acquisition. In the latter scenario, the price could ...
Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo SiteBloomberg
Report: Yahoo nearing $1.1B acquisition of TumblrBusinessweek
Will Yahoo splurge on $1-billion acquisition of Tumblr?Los Angeles Times
Washington Post -Detroit Free Press -TIME
all 250 news articles »

San Francisco Chronicle
Leaning Down: Facebook's Stock At Its IPO Anniversary
Forbes
It has now been one year since Facebook Facebook CEO Mark Zuckerberg rang the bell to open trading on Nasdaq from Menlo Park, Calif., flanked by his cheering chief operating officer, Sheryl Sandberg, and a smiling Robert Greifeld, Nasdaq's CEO, who ...
The Facebook IPO, One Year LaterWall Street Journal
Facebook Struggles to Satisfy Investors About Mobile EarningsBusinessweek
The Most Important Thing Facebook Did This YearCNBC.com
Washington Post -MarketWatch -ABC News
all 108 news articles »

Stocks: Poised for brighter start
CNNMoney
Investors were warming up to stocks early Friday ahead of a report on American consumers that could ease fears about the economy. The trading day may be subdued since there are few corporate or economic reports scheduled for release. The one notable ...

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PennEnergy
Boston Goes Solar
Domestic Fuel
The Boston/Dedham Commerce Park is the new home of the largest rooftop solar array in the City of Boston. The 974 kilowatt capacity solar project was completed by FireFlower Alternative Energy in partnership with First Highland Management ...
All Renewables, All The TimeForbes
Is the Middle East the Next Big Market for Solar Energy?Wired (blog)
Does solar energy actually make Massachusetts safer?Washington Times
Clean Energy Authority -CleanTechnica -Boston.com
all 58 news articles »

Proactive Investors USA & Canada
For JC Penney, the Right Direction May Be … Reverse
TIME
JC Penney has its old CEO, Mike Ullman, in charge of the company again. Abundant sales and coupons have returned, as have brands that disappeared for a spell. In many ways, the JC Penney of old is back. Whether this is a good thing for the company ...
Ahead of the Bell: JC Penney's spring fallMSN Money

all 14 news articles »

Philly.com
Canada April Consumer Price Index Report (Text)
Businessweek
The following is the text of Canada's consumer price index report for April released by Statistics Canada. The Consumer Price Index (CPI) rose 0.4% in the 12 months to April, following a 1.0% increase in March. Declining gasoline prices were largely ...
Canada Inflation Falls to Slowest Since 2009 on GasolineBloomberg
Canada April Inflation Lower Than ExpectedWall Street Journal
UPDATE 1-Canada April inflation well under forecast, Bank of Canada rangeReuters
Globe and Mail -AllAfrica.com -RTT News
all 148 news articles »

Bloomberg
China Cuts Investment Red Tape as Li Shows Stimulus Reluctance
Bloomberg
Some Chinese investment projects, including those for airports, paper pulp factories and gas fields, will no longer need pre-approval from the nation's economic planning agency. In all, 117 “approval items” can go ahead without authorization or be approved ...
China unveils cut, eased administrative approvalsXinhua
China president takes charge of sweeping economic reform plans: sourcesReuters Canada
Reform of administrationChina Daily

all 15 news articles »

Economic Times
Dollar Index Advances on Stimulus Concern as Gold, Aussie Drop
Businessweek
The Dollar Index climbed toward a 10-month high while the Australian and New Zealand currencies fell on concern the U.S. Federal Reserve will scale back stimulus measures. European shares slid and gold declined. The Dollar Index, which measures the ...
Dollar approaches 10-month high as markets reassess Fed outlookReuters
Dollar firms as Fed policy in focusFinancial Times
Dollar Index Advances on Stimulus Concern as Gold, Kiwi DeclineSan Francisco Chronicle
Reuters India -MarketWatch -Wall Street Journal
all 229 news articles »

Maersk Line Says Profit Returns as Container Rates Recover
Bloomberg
A.P. Moeller-Maersk A/S (MAERSKB) said its container-shipping line, the world's largest, posted a first-quarter profit as freight rates picked up. Maersk Line's net income totaled $204 million, compared with a loss of $599 million a year earlier, the ...
Moller-Maersk CEO: No Need for New Capacity - CNBC.comCNBC.com
Maersk stands by outlook after Q1 beats forecastsReuters
AP Moller-Maersk Q1 Profit Dips; Still Sees Lower Full-year ResultRTT News
Fruitnet.com
all 13 news articles »

Economic Times
Jobless claims in US jump 32000
The Desert Sun
Jennifer Wilhoit of U.S. Express, left, talks last week with Devin Washington while others wait in line as 63 companies participate in a job fair at the Brainerd Crossroads in Chattanooga, Tenn. Weekly jobless benefit applications rose, according to data ...
Jobless claims jump to 6-week high as the sequester is beginning to hurt economyExaminer.com
US jobless claims jump 32000 to 360000MarketWatch
Weekly Jobless Claims Rise More than ExpectedFox Business
Los Angeles Times -USA TODAY -CNNMoney
all 43 news articles »

Sydney Morning Herald
Bill Gates regains title of world's richest man - USA Today
USA TODAY
Bill Gates is back on top of the world again. Or at least on top of the list of the world's richest people, where your net worth has to be well above $55 billion to be in the club. Gates is co-founder of tech giant MIcrosoft, based in Redmond, Wash. He regained the ...
Bill Gates Retakes World's Richest Title From Carlos SlimBloomberg
Bill Gates Is World's Richest Man Once Again - MashableMashable
Bill Gates is once again the richest man in the worldLos Angeles Times
IT News Africa -NASDAQ -London Loves Business
all 41 news articles »

Caterpillar and former owners of Chinese group settle dispute
Financial Times
The former owners of ERA Mining have taken a $135m hit on sale proceeds owed by Caterpillar to settle claims that the US group found “deliberate, multiyear, co-ordinated accounting misconduct” at the Chinese company. The world's largest maker of diggers ...
Caterpillar Settles With Principals Of Troubled Chinese AcquisitionForbes
Caterpillar Lowers Cost Of Chinese AcquisitionWall Street Journal
Caterpillar says settles Siwei deal with cut in purchase priceReuters
NASDAQ -RTT News
all 8 news articles »

Philly.com
Interior Department offers new rules for 'fracking'
Los Angeles Times
WASHINGTON — The Interior Department proposed new rules to regulate hydraulic fracturing for oil and gas on federal land Thursday, drawing criticism from environmentalists that it had weakened an earlier draft to placate industry. Industry officials were not ...
Obama administration issues draft fracking regulationsWashington Post
New Fracking Rules Proposed for US LandNew York Times
ND delegation opposed to proposed fracking ruleBismarck Tribune
KTVQ Billings News -Bloomberg -Financial Times
all 38 news articles »

Caterpillar Settles With Principals Of Troubled Chinese Acquisition
Forbes
Ever since Caterpillar Caterpillar jolted investors in January with a $580 million write down of a troubled Chinese acquisition, questions have lingered over its debt obligations. Caterpillar alleged that Siwei, a mining-equipment firm in Zhengzhou, had falsely ...

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Vancouver Sun
Wash. State Pot Rules: Warning Labels, No Hash
ABC News
Rules for marijuana? Yes, that's what officials in Washington state have come up with now that the drug has been legalized by voters. On Thursday, the state released its first draft of guidelines for its budding pot business. Among the highlights: ...
State unveils initial draft rules for pot growers, sellersQ13 FOX
Washington State Unveils Its Planned Pot RulesWall Street Journal
AP PHOTOS: Path to legal pot a long, wild trip - Independent RecordHelena Independent Record
The Seattle Times -Bloomberg -Terra.com
all 60 news articles »

Daily Beast
Wal-Mart Sales Go Cold, and Its Shares Feel the Chill
New York Times
Despite several quarters of controversy over bribery allegations in Mexico, Wal-Mart Stores' profitable earnings and strong sales in recent quarters made it a Wall Street darling, and its stock price hit a record high on Wednesday.
UPDATE 4-Wal-Mart US sales weak; outlook below analysts' forecastReuters
Walmart hit by 'Target effect' - The ProvinceThe Province
Wal-Mart's UK Asda Chain Boosts Sales Growth Amid Lower PricesBloomberg
Los Angeles Times -Forbes -Financial Times
all 134 news articles »

AFP
Yahoo lucks out; Mexican court chucks $2.75B damages award
CNET
After a Mexican civil court ruled that Yahoo had to pay $2.75 billion in damages in a breach of contract lawsuit, a superior court reverses the decision and lowers the amount to just $172,500. Dara Kerr. by Dara Kerr. May 16, 2013 4:36 PM PDT Follow @ ...
Yahoo says Mexico appeals court throws out $2.75 billion rulingReuters

all 15 news articles »