Thursday, December 9, 2010

Facebook's Zuckerberg pledges to give away wealth



Household Worth in US Rose by $1.2 Trillion in 3rd Quarter
Bloomberg
By Courtney Schlisserman - Thu Dec 09 19:56:36 GMT 2010 Pedestrians look at a holiday window display outside Tiffany & Co. in New York. Photographer: JB Reed/Bloomberg Household wealth in the US rose by $1.2 trillion in the third quarter as share ...
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Facebook's Zuckerberg pledges to give away wealth
Forbes
By BARBARA ORTUTAY , 12.09.10, 03:36 PM EST NEW YORK -- Another 17 of America's richest people, including Facebook CEO Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have promised to give away most of their wealth. ...
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Dell Seeks Data-Storage Co At Below-Market Price
Wall Street Journal
By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Dell Inc. (DELL) said Thursday it is in exclusive talks to buy data-storage provider Compellent Technologies Inc. (CML) in a deal valued at about $900 million, an 18% discount to the ...
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More US Rail Funds for 12 States as Two Reject Aid
New York Times
By MICHAEL COOPER Ohio and Wisconsin's loss of $1.2 billion in federal stimulus money for rail projects will be California, Florida and 11 other states' gains, federal officials said on Thursday. Ohio and Wisconsin were among the biggest winners of ...
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China is hot. But is it too hot?
CNNMoney
NEW YORK (CNNMoney.com) -- China's economy, to quote the alter ego of New York Dolls frontman David Johansen, is hot hot hot. Name an asset and there are worries that it may be a bubble in China. Several experts, most notably short seller James Chanos, ...
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US Stocks Wobble Following Mixed Economic Readings
Wall Street Journal
NEW YORK (Dow Jones)--US stocks wavered between small gains and losses Thursday as data providing mixed readings on the US economy failed to send the market in a clear direction. The Dow Jones Industrial Average recently fell 27 points or 0.2% to 11345 ...
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ECB: some banks too dependent on liquidity help
Reuters
FRANKFURT (Reuters) - Some euro zone banks may be too reliant on liquidity provided by the Eurosystem as the sovereign debt crisis chokes off access to funding, the European Central Bank said on Thursday. In its twice-yearly Financial Stability Report, ...
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ConAgra Foods cuts outlook again
MarketWatch
By Matt Andrejczak, MarketWatch SAN FRANCISCO (MarketWatch) — ConAgra Foods cut its fiscal 2011 outlook for the second time in recent months Thursday as its struggles to gain traction with shoppers and copes with rising commodity costs. ...
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Citigroup Names Obama's Orszag Vice Chairman of Investment Bank
Bloomberg
By Bradley Keoun - Thu Dec 09 19:23:27 GMT 2010 Former White House Budget Director Peter Orszag may take a job in Citigroup's investment-banking division, according to people with knowledge of the matter. Photographer: Peter Foley/Bloomberg Dec. ...
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