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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 2, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a record high, as the European Central Bank cut its key interest rate and American jobless claims unexpectedly fell.
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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Whitney Kisling, Bloomberg |
April 22, 2013
Google Inc. dropped as much as 3.1% and then reversed most of the tumble within a second in a series of transactions that spurred concern the stock was hit by a computerized-trading error.
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By Lu Wang, Bloomberg |
April 10, 2013
U.S. stocks rallied, sending the Standard & Poor’s 500 Index to its highest level ever, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates.
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By Nina Mehta |
April 9, 2013
U.S. exchanges and some brokers will be required to conduct coordinated trading tests to show they can recover from natural disasters.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
April 4, 2013
U.S. stocks advanced, rebounding from yesterday’s drop, as central banks in Japan and Europe reassured investors that they will keep economies awash in cash to bolster growth.
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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 3, 2013
U.S. stocks fell, dragging the Standard & Poor’s 500 Index down from a record, as financial and energy shares tumbled after oil plunged and worse-than-estimated data spurred concern over economic growth.
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By Whitney Kisling and Lindsey Rupp, Bloomberg |
March 25, 2013
Regulators cleared Nasdaq OMX Group Inc.’s plan to pay $62 million to compensate brokers for its mishandling of Facebook Inc.’s public debut, dealing a defeat to Wall Street firms that say they lost many times that amount.
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By Brian Womack, Bloomberg |
February 19, 2013
Google Inc., operator of the world’s largest Web-search engine, surpassed $800 for the first time as mobile computing bolsters growth.
