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Strong quake hits Northern Italy, at least four dead (Reuters)
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BONDENO, Italy (Reuters) - A strong earthquake rocked a large swathe of northern Italy early on Sunday, killing at least four people, injuring dozens and seriously damaging historic buildings such as churches, bell towers and a mediaeval castle.
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WSJ |
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Strong quake hits North Italy,at least four dead (Reuters)
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BONDENO, Italy (Reuters) - A strong earthquake rocked a large swathe of northern Italy early on Sunday, killing at least four people, injuring dozens and seriously damaging historic buildings such as churches, bell towers and a mediaeval castle.
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Canadian Pacific Receives 72-Hour Strike Notice From Union (Charles Gasparino (Fox))
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Canadian Pacific Railway Ltd.
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Seeking Alpha Market Currents |
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Canadian Pacific Receives 72-Hour Strike Notice From Union (Charles Gasparino (Fox))
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Canadian Pacific Railway Ltd.
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Google says it has China's approval for Motorola deal (Reuters)
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(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.
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MarketWatch |
Yahoo Finance |
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Google Gets Approval From China for Motorola Deal (New York Times)
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Authorities in China have approved Google Inc.
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Eastern Europe's neoliberal disaster provides a warning for the Arab spring | Neil Clark (Guardian)
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Rather than help enhance democracy and reduce corruption, following western advice on privatisation does the exact opposite I wonder if David Cameron spent any time in eastern Europe in the 1990s.
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Guardian |
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Eastern Europe's neoliberal disaster provides a warning for the Arab spring | Neil Clark (Guardian)
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Rather than help enhance democracy and reduce corruption, following western advice on privatisation does the exact opposite I wonder if David Cameron spent any time in eastern Europe in the 1990s.
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Weaker euro zone nations need more support from core: UK (Yahoo Finance)
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The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper on.
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UPDATE 1-Weaker euro zone nations need more support from core-UK (Reuters)
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LONDON, May 20 (Reuters) - The euro zone can protect its LONDON, May 20 (Reuters) - The euro zone can protect itscurrency if its stronger countries provide more support for the currency if its stronger countries provide more support for theweaker to help them deal with their problems, British finance weaker to help them deal with their problems, British financeminister George.
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UPDATE 1-UAE to settle citizens' defaulted loans, up to $1.4 mln (Reuters)
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DUBAI, May 20 (Reuters) - The United Arab Emirates will DUBAI, May 20 (Reuters) - The United Arab Emirates willsettle up to 5 million dirhams ($1.
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REFILE-UAE to settle citizens' defaulted loans, up to $1.4 mln (Reuters)
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DUBAI, May 20 (Reuters) - The United Arab Emirates will DUBAI, May 20 (Reuters) - The United Arab Emirates willsettle defaulted loans owed by its citizens, up to 5 million settle defaulted loans owed by its citizens, up to 5 milliondirhams ($1.
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UPDATE 7-Italy quake kills four,damages historic buildings (Reuters)
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* Castle, churches, other cultural sites damaged * Castle, churches, other cultural sites damaged(Adds pope comments, mayor quote, details of buildings damage) (Adds pope comments, mayor quote, details of buildings damage).
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What The Latest Data Is Telling Us About The Global Economy (Money Game)
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Monthly data reported in the last week was mixed, due to revisions in the prior month's data.
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Seeking Alpha Market Currents |
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What The Latest Data Is Telling Us About The Global Economy (Clusterstock (BI))
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Monthly data reported in the last week was mixed, due to revisions in the prior month's data.
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Discord at Key JPMorgan Unit Is Faulted in Loss (DealBook (NYT))
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According to current and former traders, the senior banker who has been blamed for the debacle, Ina Drew, began to lose her grip on the chief investment office as early as 2010, Jessica Silver-Greenberg and Nelson D.
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New York Times |
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Discord at Key JPMorgan Unit Is Faulted in Loss (CNBC)
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Trans-Atlantic tension in JPMorgan Chases chief investment office in 2010 and 2011 contributed to the units giant losing trades in 2012, current and former bankers said, The New York Times reports.
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Magnitude 5.9 quake strikes near Bologna, Italy (Reuters)
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BOLOGNA, Italy (Reuters) - A 5.
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Reuters |
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UPDATE 2-Magnitude 5.9 quake strikes near Bologna, Italy (Reuters)
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BOLOGNA, Italy, May 20 (Reuters) - A 5.
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G8 leaders watch the Champions League final - in pictures (Guardian)
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The meeting at Camp David wrapped up on Saturday, but it was not all hard work for the leaders.
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Far East buyers beware in London property rush (CNBC)
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LONDON (Reuters) - When Hong Kong businessman Mr.
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North Italy quake kills 3, injures 50: reports (MarketWatch)
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An earthquake measuring around 6 hit northern Italy, killing at least three people and injuring at least 50, media reports say.
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Strong aftershock hits northern Italy, more collapses (Reuters)
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SANT' AGOSTINO, Italy, May 20 (Reuters) - A strong SANT' AGOSTINO, Italy, May 20 (Reuters) - A strongaftershock measuring magnitude 5.
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JPMorgan's Potential Trading Loss Just Keeps Spiraling Higher (Money Game)
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$5 billion or more? From WSJ : The nation's largest bank has said publicly that its losses on the trades have surpassed $2 billion, and people familiar with the matter have said they could over time reach $5 billion.
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Clusterstock (BI) |
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The Jeff Gundlach Trade Had Another Monster Day On Friday (Money Game)
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Just checking in on Jeff Gundlach's famous long natural gas/short Apple trade.
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Clusterstock (BI) |
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HSBC Has Contingency Plans For Greek Euro-Exit -Report (Charles Gasparino (Fox))
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HSBC Holding PLC (HBC), Europe's largest bank, has set out contingency plans for its 15 Greek branches to cope with a return of the drachma, reports the Independent on Sunday newspaper, citing the bank's Finance Director Iain Mackay.
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Fox Business |
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UK's Competition Regulator To Give BSkyB Reprieve -Report (Charles Gasparino (Fox))
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The U.
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Reuters |
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Chris Wood Explains Why Markets Have Probably Peaked, And Why Germany Could Still Blink (Clusterstock (BI))
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Christopher Wood of CLSA has a tidy sumup of the Greece situation in the latest version of his GREED & Fear note.
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Money Game |
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The Iconic Photo Of World Leaders Watching Soccer (Clusterstock (BI))
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White House photographer David Souza has done it again.
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Clusterstock (BI) |
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Weekly Market Recap: Bears BLOW OUT Bulls (Wall St. Cheat Sheet)
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Your Cheat Sheet to the week in top business news.
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Wall St. Cheat Sheet |
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Will Ultrabooks Act as a Survival Catalyst for Hewlett-Packard? (Wall St. Cheat Sheet)
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Shipments for ultra-like devices are expected to increase in 2014, with companies like Hewlett-Packard, Acer, Asus, and Lenovo unleashing lines of ultrabooks this year.
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Wall St. Cheat Sheet |
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Everything You Need to Know About Apples Busy Week (Wall St. Cheat Sheet)
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Apple investors had to deal with a barrage of news reports about the company this week.
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Wall St. Cheat Sheet |
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Alasdair Macleod: All Roads In Europe Lead To Gold (Zero Hedge)
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Submitted by Chris Martenson Alasdair Macleod: All Roads In Europe Lead To Gold This week we bring back Alasdair Macleod, publisher of Finance and economics.
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Chris Martenson's Blog |
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Leading NYC Mayoral Candidate Weds Her Partner (Taegan Goddard's Political Wire)
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Christine Quinn, the speaker of the New York City Council and a leading candidate to be mayor, married her longtime partner, Kim M.
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Taegan Goddard's Political Wire |
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While Europe waits for Greece to choose, the flame of fear spreads (Guardian)
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There are four weeks to go before the Greek elections " and, it seems, even longer to wait before a German change of heart on bailing out lenders.
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Guardian |
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Saving the euro won't solve the crisis. Losing it won't either (Guardian)
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The vast imbalances in trade, and yawning gaps in competitiveness, between European states will continue to cause problems whether they share a single currency or not The governor of the Bank of England was closer to the basement of the Bank than the rooftops when he complained last week that " our biggest trading partner, the euro area, is tearing itself apart without any obvious solution ".
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Guardian |
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Buy GSV Capital: Analysis Shows The Stock Is Deeply Undervalued (Seeking Alpha Most Popular Articles)
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By Helix Investment Management : For months now, people have clamored for a way to get access to shares of Facebook ( FB ).
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Seeking Alpha Financials |
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G8 leaders end summit with pledge to keep Greece in eurozone (Guardian)
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US and France succeed in putting promotion of growth at top of communique despite Germany's resistance to stimulus package Barack Obama and the other G8 leaders wrapped up their negotiations on the European crisis at Camp David on Saturday with a pledge to keep Greece in the eurozone and to promote growth.
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Chicago protests on eve of NATO summit raucous, peaceful (Reuters)
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CHICAGO (Reuters) - Hundreds of demonstrators staged raucous protests against Chicago Mayor Rahm Emanuel's budget cuts and other economic issues on the eve of the NATO summit, but police said there were few arrests and only minor clashes.
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Germany isolated over euro crisis plan at G8 meeting in Camp David (Guardian)
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Barack Obama and David Cameron want German chancellor Angela Merkel to set out a clear path forward for Europe Barack Obama and David Cameron on Saturday clashed with the German chancellor Angela Merkel, demanding she drop her G8 resistance to setting out a clear path for Europe out of its crisis.
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Weekly Tech Biz Recap: Facebooks Tepid IPO, Yahoo CEO Drama Shift (Wall St. Cheat Sheet)
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Your Cheat Sheet to the week in tech news.
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Wall St. Cheat Sheet |
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Greeks turn back from the brink as fears grow about leaving the euro (Guardian)
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Fearful Greeks shift to the right as Europe pleads: 'don't self-destruct' Greece's election campaign, the second in as many months, officially kicked off on Saturday as polls indicated that fears of expulsion from the eurozone have helped consolidate support for parties backing the tough terms under which Greece received a bailout to keep its debt-stricken economy afloat.
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WRAPUP 8-World leaders back Greece, vow to combat financial turmoil (Reuters)
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* Obama reminds European leaders of high stakes in crisis * Obama reminds European leaders of high stakes in crisis.
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Reuters |
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Brazil's Usiminas Restarts Blast Furnace After Fire -Reports (Charles Gasparino (Fox))
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Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.
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Fox Business |
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Read "Buy Britains Gold Bank. We told you Britian would be forced to buy back the gold it sold. (Max Keiser)
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Buy Britains Gold Back.
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Keiser Report - Max Keiser |
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[KR290] Keiser Report: Guernica of Financial War (Max Keiser)
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We discuss the Guernica of the financial war and the 'eternity' of 100 microseconds.
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Keiser Report - Max Keiser |
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Dietrich Fischer-Dieskau, German Baritone, Dies at 86 (New York Times)
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Mr.
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What the weaker euro zone countries could do for Greece (irisheconomy.ie)
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In Saturdays Irish Times, Alan Ahearne does a good job laying out the dangers of unfolding events in Greece (see here).
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Obama Backs Tougher Bank Standards In Radio Address (Fox Business)
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In his most partisan remarks since J.
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Guest Post: Failbooks Epic Fail: Does Zuckerberg Want Users To Pay? (Zero Hedge)
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Submitted by John Aziz of Azizonomics Failbooks Epic Fail: Does Zuckerberg Want Users to Pay? What is there to say about Facebook? Why would anyone buy a companys stock when they have no real profit pedigree? When their advertising profit in 2011 came to just over $1 billion , and their book value is the region of $100 billion, how can that really make any sense other than to the kind of nutcase zombie trader who takes Jim Cramer seriously? The sad truth is that people are just not clicking the ads ; Facebook ads receive far fewer clicks than competitors such as Googles AdSense.
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NewsWatch: U.S. investors hang on Europe after bruising week (MarketWatch)
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After the worst week of the year for U.
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