Archive for March 13th, 2009
Zuckerberg’s newest ‘friend’: Oprah
Anybody tuning in to Oprah Winfrey on Friday afternoon, March 13 learned at least three things about Mark Zuckerberg, 24 year-old founder and CEO of Facebook: He looks a lot like his father (the bearded man in the audience close-up). He’s not interested in dating Gayle King’s daughter, a 22 year-old Stanford grad (King: “She’s smart!”). And he can take a poke or two - virtually and otherwise.
Big banks want to paint it black
What do Vikram Pandit and Madonna have in common? They’re both trendsetters.
Ford gives CEO option for 5M shares
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Obama auto team hires bankruptcy lawyer
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Bulls make it 4 for 4
Wall Street rallied at the end of a choppy session Friday as investors pushed the stock market’s gains to four days in a row - its best stretch since late November.
SEC to consider uptick rule on April 8
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Murdoch’s setback in the supermarket
It’s been a rough few weeks for Rupert Murdoch. Start with News Corp.’s dismal second-quarter results, announced Feb. 5, and the unexpected announcement that right-hand man Peter Chernin was stepping down. Now comes more potential bad news in the form of a sudden decision by News subsidiary News America Marketing on March 10 to settle, less than a week into trial, with Floorgraphics, Inc., a rival in the in-store marketing business, which had accused News America of trying to drive it out of business.
NAACP sues major lenders
The NAACP filed lawsuits Friday against two of the nation’s largest mortgage lenders — HSBC and Wells Fargo — alleging “systematic, institutionalized racism” in their sub-prime lending.
Obama: ‘I’m very confident’ we’ll be OK
Midway through his first 100 days in office, President Obama sought to convey a more confident message about the nation’s long-term economic prospects and rally support for his budget proposal.
NAACP: Banks targeted African-Americans
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