• Yahoo follows Facebook and Microsoft in publishing US govt sought snoop data

  Internet corporation Yahoo has followed the league of technological companies in publishing reports about 'snoop data' requests made by the US government. According to the Guardian, Yahoo has revealed that it had received 12,000-13,000 requests, inclusive of criminal, Foreign Intelligence Surveillance Act (FISA), and other requests by the government between 1 December 2012 and 31 May ...

• I like the way you look and Ive been fired. George Zimmer out at Mens Wearhouse

  Men's Wearhouse Inc. has dismissed its founder and executive chairman George Zimmer.In a terse release issued Wednesday, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations.In ...

• Financial Stocks Financial stocks retreat ahead of Fed decision

  "It's just some last-minute nervousness about exactly what the Fed statement will say and what Bernanke might say at his press conference this afternoon," said David Hilder, analyst at Drexel ...

• Tech Stocks Adobe rises but Apple Microsoft slip

  SAN FRANCISCO (MarketWatch) -- Shares of Adobe Systems Inc. jumped Wednesday, but the tech sector was weighed down by sliding shares of Apple Inc. and Microsoft ...

• Movers Shakers Wednesday’s movers Sprint down as Dish drags feet

  SAN FRANCISCO (MarketWatch) -- Sprint Nextel Corp. fell on Wednesday after Dish Network Corp. opted not to raise its competing offer for the wireless carrier, all but effectively yielding the field to Japan's SoftBank ...

• US stocks edge lower

  New York - US stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal ...

• Delays and high prices leave rail passengers dissatisfied

  Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.Just one train company, Great Anglia, improved its overall satisfaction levels between spring 2012 and spring 2013, the poll by rail customer watchdog Passenger Focus found.Nationally, the ...

• Bernanke Ultimate Lame Duck Langone

  Whatever Federal Reserve Chairman Ben Bernanke says now is temporary because it looks like he'll be leaving his post, billionaire investor Kenneth Langone told CNBC on Wednesday. In an interview with Charlie Rose that aired Monday, President Barack Obama hinted that Bernanke may be on his way out. ...

• Ask Bernanke What Question Would You Pose

  So here's the picture: You're sitting in the psychiatrist's chair, legs crossed and notebook ready. Across from you is Ben Bernanke, the chairman of ...

• Who Will Replace Bernanke Naming Names

  Adam Posen, president of the Peterson Institute for International Economics, highlights that while Janet Yellen is a strong candidate to succeed Bernanke, there are a number of other people who could do the ...

• CBO Immigration Plan Would Cut Deficit

  Members of United We Dream, an immigrant youth-led organization, wearing caps and gowns hold their fists in the air on the steps of the Senate to call for immigration ...

• Stocks open flat traders wait on Feds policy statement

  1 hour ago Stocks opened flat on Wednesday, with global markets trading cautiously, as investors hesitated to jump in ahead of the Federal Reserve's all-important policy statement and Chairman Ben Bernanke's press briefing later in the day. ...

• Microsoft Qualcomm to team up on next round of Surface RTs -- report

  (Credit: CNET) Microsoft and Qualcomm will work together on the next generation of Surface RT devices, a new report claims. Microsoft will use Qualcomm's Snapdragon processor in some versions of its Surface ...

• Mens Wearhouse terminates founder Zimmer as executive chairman

  MW.N ) ousted Executive Chairman George Zimmer, who founded the company 40 years ago, sending its shares down as much as 6 percent in early ...

• Analysis Half-way to lost decade Europes growth task as tough as ever

  LONDON (Reuters) - Half-way towards a lost decade for Europe's economy, pessimism persists about the political will to halt a worrying slide in the region's potential ...

• Britain says reckless bankers could face jail

  LONDON (Reuters) - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on ...

• Market Snapshot U.S. stocks steady Wall Street waits for Fed

  NEW YORK (MarketWatch) -- U.S. stocks traded little changed on Wednesday after a two-day rally, with investors on uncertain footing ahead of the Federal Reserve's policy decision later in the ...

• MTU Aero sees at least $1.1 billion of orders at show

  German aircraft engine maker MTU Aero Engines said its order intake at this year's Paris Airshow will reach at least $1.1 billion thanks to demand for Pratt & Whitney's geared turbofan model. The figure, which includes options, is well above the 600 million euros ($804 million) booked at the 2011 Paris Airshow but still short of the record 1.3 billion of orders netted at last ...

• Think Twice Before Concluding ETNs are Safe

  It's already been five years since the credit crisis turned the world of finance upside down. Are credit backed exchange-traded notes (ETNs) now safe? Let's examine some of the basics about these types of financial ...

• Stocks Waver All Eyes on the Fed

  FOX Business: Capitalism Lives Here The markets hovered about a tight range Wednesday as traders braced for the Federal Reserve's policy decision later in the day. Today's Markets As of 10:32 a.m. ET, the Dow Jones Industrial Average fell 10.9 points, or 0.07%, to 15307, the S&P 500 dipped 1.1 points, or 0.06%, to 1651 and the Nasdaq Composite rose 0.8 point, or 0.03%, to 3483. ...

• North America capable of making ‘OPEC NOPEC’

  "We haven't really had the time to get the infrastructure going to catch up with the vast increase in domestic production," Drevna said in an interview. "We have to educate the folks to say, 'Look, we could be that swing producer.' We have the capability here in the United States, in North America, to make OPEC NOPEC." Since 2007, oil imports have fallen, with ...

• Valeant follows path set by Agrium by issuing common shares to finance a U.S. takeover

  After the markets closed Tuesda, Valeant priced its US$2 offering of common shares: investors, most of whom came from outside Canada, were asked to pay US$85 for each of the 23.5 million shares that were on offer. At that price the shares were priced at a very slight premium to the close on May 24 (US$84.47), the last trading day before the news was announced. The shares -- Valeant is listed on ...

• I Guarantee It Mens Wearhouse Ousts Founder

  Men's Wearhouse Inc. has dismissed its founder and executive chairman George Zimmer. In a terse release issued Wednesday, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 ...

• Wall Street dips after recent rally as Fed statement looms

  Federal Reserve statement and news conference. The Fed will release a policy statement at 2:00 p.m. EDT (1800 GMT), which will be followed soon after by a news briefing with Chairman Ben Bernanke. "The early morning action is not surprising given the fact that we've had two days of position jockeying ahead of the (Fed)announcement," ...

• US stocks mostly lower ahead of Fed news

  US stocks have opened mostly lower as investors await the latest policy announcement from the US Federal Reserve later on Wednesday. Five minutes into trade, the Dow Jones Industrial Average dipped 20.53 (0.13 per cent) to 15,297.70. The broad-based S&P 500 slipped 2.06 (0.12 per cent) to 1,649.75, while the tech-rich Nasdaq Composite Index was up a scant 0.32 (0.01 per cent) at ...

• FedEx Delivers Strong Q4 Earnings Tops Expectations

  business helped offset restructuring costs. Revenues matched Wall Street forecasts. FedEx also issued initial earnings growth guidance for the full-year 2013.The performance of package shipping bellwethers like FedEx and its rival United Parcel Service, Inc. ...

• Coca-Cola announces organizational changes

  New Delhi, June 19 : Beverage major The Coca-Cola Company on Wednesday announced key organizational changes in the Pacific Group. These changes are effective July ...

• Futures Movers Oil edges up before inventory data Fed news

  NEW YORK (MarketWatch) -- Crude-oil futures were slightly higher Wednesday before a much-awaited Federal Reserve decision and weekly supply data from the ...

• Plans for new food labelling system to combat UK obesity are dealt a blow as Cadbury and Coca-Cola reject traffic light plan

  Plans to tackle UK obesity by introducing a standardised traffic-light food labelling system have been dealt a blow after Cadbury and Coca-Cola failed to sign up to the ...

• BSkyB investigated over BT claim it is withholding Sky Sports package

  BT has complained that BSkyB is withholding its Sky Sports package, which includes live Premier League games. Photograph: Olly Greenwood/AFP/Getty ...

• BAE Systems rises nearly 2 despite denial of new EADS tie-up

  is climbing higher on optimism at the Paris air show and talk of a renewed tie-up with EADS.The latter was soon shot down by an EADS spokesman. According to Reuters, Rainer Ohler ...

• Royal Mail staff vote against privatisation

  The ballot, in which staff also voted nine-to-one in favour of a boycott of delivering competitors' mail, is likely to lead to a vote on strike action. Photograph: Christopher ...

• Deferring bank bonuses for 10 years sounds extreme – its not | Nils Pratley

  HSBC's sub-prime punt seemed okay for the first five years - and the disgraceful money-laundering episode which started in 2004 wasn't made public until ...

• Reckless misconduct proposals will be in banking reform bill says PM

  The government will amend a parliamentary bill to introduce the central recommendation of the banking commission to allow bankers to be jailed for reckless ...

• Mens Wearhouse Needs New Chairman

  Men's Wearhouse said it fired Executive Chairman George Zimmer, who founded the company more than 40 years ago, sending the company's shares down 7 percent before the bell.The company, which gave no reason for the termination, also said it had postponed its annual shareholder meeting to renominate the existing slate of directors without Zimmer."The board expects to discuss with ...

• Get Ready for 3 Treasury Yields

  Yields on 10-year Treasurys have lurched 50 basis points upwards since May on fears the Federal Reserve may start scaling back its asset purchasing program, and some economists now forecast yields could reach 3 percent by year-end. "We expect the 10-year Treasury yield to rise close to 3 percent by the end of the year," James Paulsen of Wells Capital Management said in a research note ...

• OUYA Disrupts Video Game Industry

  Julie Uhrman, OUYA founder & CEO, explains how her $99 gaming console could give PlayStation and Xbox a run for their money by allowing developers to publish game apps to the ...

• Cramers Stocks to Watch FedEx

  Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell. Today Cramer explains why he thinks FedEx is a "terrific company" after reporting its quarterly ...

• Rossen reports Retailers mislead with ‘sales’

  When you see a sign reading 20-, 30-, or 40-percent off you assume you're getting a deal. But sale prices advertised by major retailers may not be deals at all, and customers are fighting back. NBC's Jeff Rossen ...

• FedEx shares dip on growth concerns

  Handlers scan and affix a courier route label onto packages moving down the belt at the Marina Del Rey, California FedEx station December 12, ...

• EADS says window closed for new BAE merger attempt

  At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once ...

• Lockheed Mitsubushi Heavy sign deal for F-35 assembly

  Workers can be seen on the moving line and forward fuselage assembly areas for the F-35 Joint Strike Fighter at Lockheed Martin Corp's factory located in Fort Worth, Texas in this October 13, 2011 handout photo provided by Lockheed ...

• Mark Hulbert A contrarian take on earnings misses

  This is true anytime, but it's worth remembering right now because companies are falling over themselves reducing their earnings guidance for the current quarter -- the one that will be over in just a couple of weeks. In ...

• Wall Street Eyes the Fed Futures Wobble

  FOX Business: Capitalism Lives Here All eyes were on the Federal Reserve Wednesday as traders waited for any clues about when the central bank will begin trimming back on its bond purchases. Today's Markets As of 8:13 a.m. ET, Dow Jones Industrial Average futures fell 7 points to 15235, S&P 500 futures dipped 1.5 points to 1643 and Nasdaq 100 futures rose 2.3 points to 2991. The big ...

• Kodak Preps $406M Offering as it Eyes Bankruptcy Exit

  Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection. Kodak said creditors agreed to backstop an offering that would let the Rochester, New York-based company issue 34 million common shares at $11.94 each, equal to about 85 percent of the ...

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