Martha Stewart’s Retail Love Triangle Ends in Tears

Looks like Martha Stewart bet on the wrong guy when she tried to slip out of an exclusive deal with Macy’s CEO Terry Lundgren. Less than two years after Martha Stewart Living Omnimedia (MSO) and J.C. Penney (JCP) formed a partnership to create revolutionary stores within a store, it appears the struggling retailer has sent […]

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Twitter quitters dog IPO

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Retired schoolteacher Donald Hovasse signed up for Twitter about a year ago at the urging of his daughter. He lost interest after trying the service a few times and finding lots of celebrities but few of his friends using the online social network. “I didn’t really get the […]

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Google Shares Top $1,000: Time to Buy or Sell?

Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information […]

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U.S. Lawmakers Begin Last-Ditch Effort on Debt Ceiling

* Senate leaders said close to deal * Fate of proposal in House remains uncertain * Borrowing authority set to expire on Thursday * Markets hold steady on hopes for last-minute deal By Richard Cowan WASHINGTON, Oct 16 (Reuters) – The U.S. Senate prepared for a last ditch effort on Wednesday to avoid a historic […]

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Default Countdown: Don’t Let Fear Control Your Money, Says Lutz

The countdown to default is down to three days. Little progress was made over the weekend in the debt ceiling negotiations. The only noticeable difference was a slight calming of the rhetoric as leaders retreated to their back offices, presumably in hopes of striking at least a short-term deal. If no compromise is reached the […]

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‘Calamitous Consequences’ Ahead If We Go Over Debt Cliff: Keating

The AP is reporting that House Republicans offered to increase the debt limit and end the shutdown as part of a package that includes spending cuts. Related: Republicans Should ‘Take Hostages’ Over Debt Ceiling; U.S. Won’t Default, Says Stockman The ongoing negotiations have business leaders on edge. “This is very serious business,” says Frank Keating, […]

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Wall Street Jumps on Signs of Progress in Washington Talks

By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied strongly at the open on Thursday, with each of the major indexes climbing more than 1 percent, as investors were encouraged by signs of progress in fiscal negotiations in Washington. According to a Republican leadership aide, U.S. House Republicans are considering agreeing to a short-term […]

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Big Creditors China, Japan Press U.S. to Resolve Debt Row

By Ben Blanchard and Tetsushi Kajimoto BEIJING/TOKYO (Reuters) – Japan’s finance minister pressed the United States on Tuesday to quickly resolve its political deadlock over government finances to avoid a fiscal crisis that could damage the global economy. The comment from Taro Aso is the latest sign that Japan and China – the biggest foreign […]

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Catastrophic Consequences of a U.S. Default Explained

As we close out the first week of the government shutdown, a bigger and even more toxic disaster is creeping into the fray that could make the contentious budget battle look like a slap fight. The Treasury Department said Uncle Sam will be broke by October 17th unless something is done. Treasury secretary Jack Lew […]

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Watch: Budget Battle; Twitter’s IPO Plans; Dimon’s Top Secret?

Quotes are real-time for NASDAQ, NYSE, and NYSEAmex when available. See also delay times for other exchanges. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. All information […]

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