Tuesday, April 22, 2014

You Wouldn't Lie

Although I guess there are some lies that parents just have to tell their kids.

"If you keep making that face, it will freeze like that." There are some lies that parents just have to tell their kids.

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Daily Investor Briefing: Wall Street up for sixth straight...

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04/22/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Wall Street up for sixth straight session on earnings, healthcare

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as a host of solid earnings reports, along with strength in the healthcare sector, helped lift the S&P 500 and Nasdaq to their sixth straight advance.

AT&T revenue increases on promotional offering

NEW YORK (Reuters) - AT&T Inc reported higher quarterly revenue on Tuesday, slightly above Wall Street's expectations, boosted by a promotional offering to bill customers for devices separately from their wireless plans.

U.S. justices show little support for Aereo TV in copyright fight

WASHINGTON (Reuters) - U.S. Supreme Court justices on Tuesday appeared skeptical over online TV startup Aereo Inc's position in a copyright fight with major media companies, but several raised concerns about how a ruling in favor of broadcasters could affect increasingly popular cloud computing services.

U.S. home resales hit 1-1/2 year low, but may be stabilizing

WASHINGTON (Reuters) - U.S. home resales fell to their lowest level in more than 1-1/2 years in March, but there were signs a recent downward trend that has plagued the housing market may be drawing to an end.

GM seeks U.S. court protection against ignition lawsuits

(Reuters) - General Motors Co filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.

Valeant, Ackman offer to buy Botox maker Allergan for $47 billion

(Reuters) - Canada's Valeant Pharmaceuticals International Inc said on Tuesday it and activist investor Bill Ackman made an unsolicited $47 billion bid to buy Botox maker Allergan Inc as it seeks to become one of the world's five biggest drug companies.

Novartis and GSK trade assets as pharma industry reshapes

ZURICH/LONDON (Reuters) - Novartis and GlaxoSmithKline agreed to trade more than $20 billion worth of assets on Tuesday to bolster their best businesses and exit weaker ones as the drug industry contends with healthcare spending cuts and generic competition.

Starbucks to open La Boulange location in Los Angeles

LOS ANGELES (Reuters) - Starbucks Corp is planning to open a La Boulange location in Los Angeles, marking the first opening outside of San Francisco, the coffee chain said on Thursday.

Citigroup's leaders say company is still too complex

ST. LOUIS (Reuters) - The two men at the top of Citigroup Inc , the third-biggest U.S. bank and the most international, acknowledged on Tuesday that the company must do more to simplify itself.

Comcast adds video subscribers, beats Street

(Reuters) - Comcast Corp, the largest U.S. cable operator, posted higher first-quarter revenue and net income on Tuesday and showed it could add video subscribers for two quarters in a row, a rare sight in the cable industry.