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  • Schumpeter: Pretty profitable parrots

    EVERY year Les Wexner, the owner of Victoria’s Secret, a lingerie retailer, takes a month off to travel the world looking for other companies’ ideas to adopt. Limited Brands, his clothing group, s...
  • Valuing Facebook: Zuckerberg’s rocket, ready for lift-off

    OUTSIDE Facebook’s vast new headquarters in Silicon Valley is a huge sign with an image of a hand on it giving a thumbs-up sign. A tiny digital version of the same hand sits on millions of websites...
  • Mobile gaming in Japan: Gacha? Gotcha!

    NOT again. Just when another tousle-haired Japanese entrepreneur hoped it was safe to make a billion or two, along come the forces of law and order threatening to throw the rule book at him: in this c...
  • An intellectual-property exchange: Marketplace of ideas

    THE technology industry is at war over intellectual property. On May 7th the first round of a three-part fight between Oracle and Google over patent and copyright claims relating to the Java programmi...
  • Drugmakers and antibiotics: The path of least resistance

    A GROWING worry in medicine is bugs’ increasing resistance to antibiotics. At AstraZeneca’s research centre near Boston, scientists toil to find new weapons. Machines screen thousands of drugs eac...
  • Fears over Greece's political and financial crisis

    NEW YORK (Reuters) - Stocks sharply cut gains on Tuesday after news the European Central Bank stopped monetary policy operations to some Greek bank because recapitalization was not in place, central b...
  • ECB stops operations with some Greek bank: sources

    FRANKFURT (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on We...
  • FBI's Mueller confirms JPMorgan preliminary probe

    WASHINGTON (Reuters) - FBI Director Robert Mueller on Wednesday confirmed that the agency has opened a "preliminary investigation" into JPMorgan Chase & Co , the nation's largest bank. JPMorgan disclo...
  • AIG to sell AIA shares after lock-up ends in September

    (Reuters) - Bailed-out insurer American International Group Inc will sell its shares in Asian insurer AIA Group Ltd after a lock-up period expires in early September, Chief Executive Bob Benmosche sai...
  • Housing starts, industrial output rise

    WASHINGTON (Reuters) - Groundbreaking for homes rebounded in April and factory activity gained steam, suggesting the economy remains on a steady, if unspectacular recovery course. The Commerce Departm...
  • Day care cost hikes derail women's careers

    Clarissa Doutherd, 30, was able to lift herself out of poverty and climb the ladder of success at a nonprofit. But last year the high cost of child care stalled her ambitions.
  • Facebook investors to cash out more shares

    Insiders and early Facebook investors will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand.
  • Skechers to pay $40 million over deceptive ads

    Skechers, the company that makes those popular Shape-ups toning shoes, has agreed to pay $40 million in refunds to settle charges of deceptive advertising brought by the Federal Trade Commission.
  • What you don't know about credit scores could hurt you

    Your credit score, which is based on your credit history, can have an enormous effect – positive or negative – on your life. That score is used by employers, lenders, landlords and insurance compa...
  • Housing starts rev up, although permits slip

    The nation's homebuilders broke ground on a higher-than-expected number of homes in April, laying the foundation for what could be an improving housing market after a long housing slump.
  • Shares cut gains after ECB funding news

    NEW YORK (Reuters) - Stocks sharply cut gains on Tuesday after news the European Central Bank stopped monetary policy operations to some Greek bank because recapitalization was not in place, central b...
  • ECB stops operations with some Greek bank: sources

    FRANKFURT (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on We...
  • FBI's Mueller confirms JPMorgan preliminary probe

    WASHINGTON (Reuters) - FBI Director Robert Mueller on Wednesday confirmed that the agency has opened a "preliminary investigation" into JPMorgan Chase & Co , the nation's largest bank.
  • Housing starts, industrial output rise

    WASHINGTON (Reuters) - Groundbreaking for homes rebounded in April and factory activity gained steam, suggesting the economy remains on a steady, if unspectacular recovery course.
  • Apple readies iPhone with bigger screen: sources

    TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with...
  • Unisys supporting France fusion project

    Unisys Corp. said Wednesday its French subsidiary has signed a four-year agreement to co-lead a consortium that will design, buy, integrate and support the security systems for an experimental nuclear...
  • Cybera raises $4.4 million in series D round

    Cybera Inc. has raised $4.4 million as part of an equity offering, according to a recent filing with the U.S. Securities and Exchange Commission. Franklin-based Cybera stated the new capital would al...
  • Apple order report costs Samsung $10B in market value

    A report that Apple Inc. has placed large chip orders with Elpida has sent shares of Samsung Electronics Co. sliding 6.2 percent, amounting to $10 billion of lost market value. Reuters reports that E...
  • Bank of St. Augustine to increase capital

    The Bank of St. Augustine has entered into an agreement with the Office of the Comptroller of the Currency to increase its regulatory capital and to develop a plan to reduce the credit risk in its loa...
  • Quality Systems buys The Poseidon Group

    Quality Systems Inc. bought Atlanta-based emergency department documentation and web-based electronic medical record provider The Poseidon Group Inc. Financial terms were not disclosed. Irvine, Cali...
  • Words of wisdom, from men of wisdom

    From Arnold Kling: Mauldin’s claim is that we are in what he calls the “endgame,” meaning that the Keynesian option of increasing government borrowing is no longer available to Europ...
  • Dollars, dollars, everywhere, and not a dollar to drink?

    Is the shortage [sic] of dollars in China the real global financial ticking time bomb?  This post, from Isabella at FT Alphaville, is essential reading.  The world will not be safe again until FT Al...
  • As I have been saying

    “The euro will leave Greece before Greece leaves the euro.” On Monday, bank deposit withdrawals from Greece were about 700 million euros.
  • How emigrants try to run their fiscal policies

    In survey data collected as part of the study, Washington, D.C.–based migrants from El Salvador report that they would like recipient households to save 21.2 percent of remittance receipts, while re...
  • I know, I know, M2 isn’t exactly the right indicator

    Still, I find this interesting: M2 money supply growth rates are plunging in Greece (down -16.8% y/y through February), Spain (down -4.7%), and Portugal (-3.8% through January). It is up only 1.3% thr...
  • Ashley Dupré’s New Career Involves Encouraging Customers To Put Clothes On

    The swimwear and lingerie boutique “represents a continuation of her evolution,” from $2,000/hour hooker to budding entrepreneur.Four years after her high-priced hotel romps with Eliot Spi...
  • Opening Bell: 05.16.12

    Greece Teeters As Talks Fail (WSJ) In a potent sign of Greeks’ rising anxiety, depositors withdrew €700 million ($898 million) from local banks on Monday alone, according to the country’...
  • Write-Offs: 05.15.12

    $$$ Greece fails to form unity government [FT] $$$ Greek Depositors Withdrew $898 Million From Banks Monday [WSJ] $$$ “The plane carrying newly sworn-in French President François Hollande was h...
  • Layoffs Watch ’12: Credit Suisse

    The Swiss bank is not done with its firings.Credit Suisse, the second- biggest Swiss bank, told New York state regulators it will eliminate 126 jobs in Manhattan over the coming months. The dismissals...
  • Facebook Attracting Children, Retirees, Not Advertisers

    A wonderful thing about the Facebook IPO is that there is a proliferation of imaginary markets in which to … well, not trade it exactly, but say what you would be doing if you could trade it, wh...
  • Sell JP Morgan!: Against the Grain

    Marek Fuchs, senior contributing analyst at TheStreet, warns JP Morgan traders against flashing the All Clear.
  • Buy Microsoft Ahead of Windows 8

    NEW YORK (TheStreet) -- Wall Street has an insatiable appetite for growth and no other sector has been able to satisfy such cravings better than technology. So it is only right that techs have long en...
  • Sell Apple, Buy Amazon

    NEW YORK (TheStreet) -- In practice, valuation -- particularly the P/E ratio -- no longer means much. If it did, Apple would not wallow at a forward P/E of 10.27, while Amazon.com sports a robust 88.3...
  • 5 Tech Stocks Growing Market Share Faster Than Facebook

    BALTIMORE (Stockpickr) -- Facebook is getting all the attention today as we creep one session closer to the social network's first day as a publicly traded company. The argument for most of the folks...
  • Home Sales Lifts Stocks

    Home sales helped stocks rally according to Michael Guli of Knight Trading. He's focused on the energy sector.

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