Business News
AT&T expands Digital Life home automation service to 7 more cities
Venture Beat - 20 May 2013 17:27
AT&T home automation service Digital Life has launched in seven new cities including Baltimore, Kansas City, Minneapolis, Phoenix, Pittsburgh, Sacramento, and Washington, D.C.
Oklahoma City Tornado Pictures: 'Total Devastation'
Business Insider - 20 May 2013 23:56
A farmer was quoted as saying the Oklahoma City tornado has left "total devastation." Looking at the images and pictures of the areas hit by the massive F4 or F5, it is hard to disagree with his assessment. Some are sayi...
Kid Who Starred In An Adidas Soccer Ad At Age 8 Named Gatorade HS Soccer Player Of The Year Today
Business Insider - 20 May 2013 23:33
Christian Roldan, a senior at El Rancho High School in California, was named the Gatorade High School Soccer Player of the Year today. Roldan will play soccer for the University of Washington next year. Soccer analyst Al...
15 Glorious Moments In The History Of The Four Seasons Restaurant
Business Insider - 20 May 2013 23:57
Despite reports that the New York Four Seasons Restaurant could face a massive rent hike, we doubt the landmark eatery is going anywhere. The Four Seasons continues to make headlines, from co-owner Julian Niccolini's wry...
Exclusive: U.S. Air Force to move forward target date for F-35 use
Reuters - 20 May 2013 23:39
WASHINGTON
Yahoo confirms $1.1B Tumblr acquisition, Marissa Mayer promises 'not to screw it up'
Venture Beat - 20 May 2013 15:31
While rumors have been swirling for days, Yahoo finally confirmed this morning that it has acquired popular blogging platform Tumblr for $1.1 billion.
Big reason for stock boom? Companies buying back stocks
NBC News - 20 May 2013 14:43
It's the narcissist rally.Sure, there are plenty of forces pushing stocks higher -- record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central banks flooding the...
Everyone In Zephyrhills, Florida Is Anxiously Wondering Who Just Won Almost $600 Million In The Powerball
Business Insider - 20 May 2013 11:04
ZEPHYRHILLS, Fla. (AP) -- It will be an anxious wait for a small Florida city to find out who won the biggest Powerball jackpot in history. The winning ticket worth $590.5 million was bought sometime late last week at a ...
I Found The Best Cheesesteak In Philly In The Last Place I Ever Expected
Business Insider - 20 May 2013 01:41
I'm in Philly for the weekend, determined to prove I can have a great time by spending the least amount of cash possible -- $100 or less. So far, so awesome. I've taken advantage of just about every free attraction the c...
Yahoo can't decide if it's a media or tech company
News Observer - 20 May 2013 23:56
Yahoo's acquisition of Tumblr for $1.1 billion, announced Monday, is a big gamble by Marissa Mayer, the company's recently hired CEO.
6 Things You Can Do To Become A Better Trader
Business Insider - 20 May 2013 23:54
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. 6 Things Traders Need To Do To Improve Their Consistency (The Kirk Report) Traders should focus on...
Rockwood pigments businesses attract private equity bids: sources
Reuters - 20 May 2013 23:53
NEW YORK
Small company stock are a bright spot
Boston - 20 May 2013 23:53
NEW YORK (AP) -- Small-company stocks were a bright spot in a subdued start to the week for Wall Street.
Summary Box: Small company stocks are bright spot
Miami Herald - 20 May 2013 23:51
SMALL IS BEAUTIFUL: Small company stocks were a bright spot for the market in a subdued start to the week for Wall Street. The Russell 2000 index climbed above 1,000 points for the first time and ended higher Monday, eve...
Judge tosses ex-BP executive's obstruction charge
Boston - 20 May 2013 23:50
NEW ORLEANS (AP) -- A federal judge has dismissed one of the two counts in the indictment of a former BP executive who was charged with concealing information from Congress about the amount of oil leaking in 2010 from th...
Summary Box: Small company stocks are bright spot
News Observer - 20 May 2013 23:50
SMALL IS BEAUTIFUL: Small company stocks were a bright spot for the market in a subdued start to the week for Wall Street. The Russell 2000 index climbed above 1,000...
CHART OF THE DAY: The Reason Yahoo Bought Tumblr (And The Reason To Be Skeptical) (YHOO)
Business Insider - 20 May 2013 23:45
All Things D's Peter Kafka summed up Yahoo's $1.1 billion acquisition best, saying on Twitter, "Resist urge to attach Big Ideas to Yahumblr. Yahoo is a declining company trying to buy growth. Might work, might not. Full ...
How the Dow Jones industrial average fared Monday
News Observer - 20 May 2013 23:45
The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On...
FLASHBACK: Tumblr Founder David Karp's Words Of Wisdom To Entrepreneurs
Business Insider - 20 May 2013 23:44
We interviewed Tumblr founder David Karp all the way back in November 2010, and asked him for any words of wisdom he would give to startup founders. Since he just sold his company for $1.1 billion to Yahoo, we thought we...
More Severe Storms Are Heading For Oklahoma
Business Insider - 20 May 2013 23:43
After a damaging tornado tore through areas south of Oklahoma City on Monday afternoon, severe weather, including hail, heavy winds, and strong tornados, will remain a threat from Central Missouri to North Texas through ...
Brad Reid: The Difficult Necessity of Unified Intellectual Property Law
The Huffington Post - 20 May 2013 23:42
Intellectual property, the modern source of wealth, is protected by a jumbled maze of common law, statutes, judicial decisions, and treaties.
Tumblr CEO's mom gushes over billion-dollar baby
Miami Herald - 20 May 2013 23:32
As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy k...