Business News Stories

Tech pressures Nasdaq in volatile trading

Written on May 24, 2012 by Editor - Finance Top Stories

By Ryan Vlastelica NEW YORK (Reuters) – Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending. Major indexes … Continue reading →

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Facebook market makers’ losses total at least $100 mln

Written on May 24, 2012 by Editor - Stock Markets News

REUTERS – Claims by four of Wall Street’s main market makers against Nasdaq over Facebook‘s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical … Continue reading →

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Singapore Stocks-May rise on higher US; Greece worries may cap

Written on May 24, 2012 by Editor - Stock Markets News

SINGAPORE, May 25 (Reuters) – Singapore shares may open higher on Friday, tracking a rise on Wall Street, but gains may be limited on persistent fears that Greece may have to exit the euro zone. ———————-MARKET SNAPSHOT @ 0009 GMT … Continue reading →

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Facebook market makers’ losses total at least $100 million

Written on May 24, 2012 by Editor - Stock Markets News

(Reuters) – Claims by four of Wall Street’s main market makers against Nasdaq over Facebook‘s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical … Continue reading →

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S&P 500 ends up slightly; Nasdaq down

Written on May 24, 2012 by Editor - Stock Markets News

NEW YORK (Reuters) – The SP 500 and Dow ended slightly higher on Thursday in a third session marked by a late-day swing, but the Nasdaq fell after a weak revenue forecast from NetApp cast doubts on the outlook for … Continue reading →

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'Job Destroyers' on Obama Jobs Council?

Written on May 23, 2012 by Editor - Job News

Saul Loeb / AFP / Getty Images Are “job destroyers” sitting on President Obama’s jobs council? There could be, if you believe the argument from Democrats and the Obama campaign that private equity executives are profit seekers who often run … Continue reading →

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Obama Jobs Council Has Buyout Execs Despite Bain Attacks

Written on May 23, 2012 by Editor - Job News

Are “job destroyers” sitting on President Obama‘s jobs council? There could be, if you believe the argument from Democrats and the Obama campaign that private equity executives are profit seekers who often run roughshod over workers, companies and communities. Two … Continue reading →

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Samsung Chromebox coming soon for $330 on TigerDirect

Written on May 23, 2012 by Editor - Technology News

The world at large may still be wondering if Chrome OS is ready for prime time, but that’s not stopping Samsung from taking a second kick at the can. Their Chromebox has made an early appearance on TigerDirect’s website, and … Continue reading →

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Star Wars: The Old Republic 1.3 update aims to bring players back

Written on May 23, 2012 by Editor - Technology News

Rumors are swirling that Star Wars: The Old Republic has lost almost 400,000 subscribers. In response, BioWare has announced the 1.3 “Allies” update for the MMO, and is surely hoping it will help bring some players back into the fold. Contained … Continue reading →

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Sunglass.io puts collaborative 3D modeling in the browser

Written on May 23, 2012 by Editor - Technology News

My 3D design friends always look at me like I have three heads when I try to show them some new kind of 3D modeling toy. They look awesome to me, a guy who might be able to make a … Continue reading →

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