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All rights reservedFri, 12 Apr 2013 18:59:30 -04005http://news.yahoo.com/business/ http://l.yimg.com/a/i/us/nws/th/main_142c.gif<p><a href="http://news.yahoo.com/wall-street-week-ahead-returns-mid-april-225930440--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/HGSiENImSuP8SYquF1pf3Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T225930Z_2_CBRE93B1OLC00_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange" align="left" title="Traders work on the floor at the New York Stock Exchange" border="0" /></a>By Chuck Mikolajczak NEW YORK (Reuters) - The S&amp;P 500 stock index&#039;s stunning run since the start of the year has made many bullish analysts look conservative. As the benchmark S&amp;P has roared to record highs this year with a gain of more than 11 percent, many Wall Street analysts have been forced to concede their prior targets were too low and adjust accordingly. In fact, it has taken less than four months for the S&amp;P to surpass year-end 2013 targets of about two-thirds of the strategists polled by Thomson Reuters in December. ...</p><br clear="all"/>http://news.yahoo.com/wall-street-week-ahead-returns-mid-april-225930440--sector.htmlFri, 12 Apr 2013 18:59:30 -0400Reuterswall-street-week-ahead-returns-mid-april-225930440--sector<p><a href="http://news.yahoo.com/wall-street-week-ahead-returns-mid-april-225930440--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/HGSiENImSuP8SYquF1pf3Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T225930Z_2_CBRE93B1OLC00_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor at the New York Stock Exchange" align="left" title="Traders work on the floor at the New York Stock Exchange" border="0" /></a>By Chuck Mikolajczak NEW YORK (Reuters) - The S&amp;P 500 stock index&#039;s stunning run since the start of the year has made many bullish analysts look conservative. As the benchmark S&amp;P has roared to record highs this year with a gain of more than 11 percent, many Wall Street analysts have been forced to concede their prior targets were too low and adjust accordingly. In fact, it has taken less than four months for the S&amp;P to surpass year-end 2013 targets of about two-thirds of the strategists polled by Thomson Reuters in December. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/judge-declines-expand-j-c-penney-block-over-172517125--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/RPr4mDrWoNR4ljTHH5n3GA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T195944Z_3_CBRE93B1CED00_RTROPTP_2_CBUSINESS-US-JCPENNEY-MACYS-STEWART.JPG" width="130" height="86" alt="A man with a Macy&#039;s bag walks past the J.C. Penney&#039;s store in New York" align="left" title="A man with a Macy&#039;s bag walks past the J.C. Penney&#039;s store in New York" border="0" /></a>By Karen Freifeld NEW YORK (Reuters) - A New York judge on Friday handed embattled J.C. Penney Co Inc an interim victory in its dispute with Macy&#039;s Inc over goods designed by Martha Stewart. But the judge said his ruling, which clears J.C. Penney to sell such goods as long as they don&#039;t carry the Martha Stewart name, was only a &quot;bye&quot; in the wider war. And he had harsh words for former J.C. Penney Chief Executive Ron Johnson, who he called the &quot;architect&quot; of the dispute. ...</p><br clear="all"/>http://news.yahoo.com/judge-declines-expand-j-c-penney-block-over-172517125--sector.htmlFri, 12 Apr 2013 17:59:21 -0400Reutersjudge-declines-expand-j-c-penney-block-over-172517125--sector<p><a href="http://news.yahoo.com/judge-declines-expand-j-c-penney-block-over-172517125--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/RPr4mDrWoNR4ljTHH5n3GA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T195944Z_3_CBRE93B1CED00_RTROPTP_2_CBUSINESS-US-JCPENNEY-MACYS-STEWART.JPG" width="130" height="86" alt="A man with a Macy&#039;s bag walks past the J.C. Penney&#039;s store in New York" align="left" title="A man with a Macy&#039;s bag walks past the J.C. Penney&#039;s store in New York" border="0" /></a>By Karen Freifeld NEW YORK (Reuters) - A New York judge on Friday handed embattled J.C. Penney Co Inc an interim victory in its dispute with Macy&#039;s Inc over goods designed by Martha Stewart. But the judge said his ruling, which clears J.C. Penney to sell such goods as long as they don&#039;t carry the Martha Stewart name, was only a &quot;bye&quot; in the wider war. And he had harsh words for former J.C. Penney Chief Executive Ron Johnson, who he called the &quot;architect&quot; of the dispute. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/ex-credit-suisse-trader-pleads-guilty-mbs-pricing-161746586--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/v9r.oxpCmYU68gJfGkgmAw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T182431Z_1_CBRE93B1CLL00_RTROPTP_2_CREDITSUISSE-SERAGELDIN-PLEA.JPG" width="130" height="86" alt="Former Credit Suisse Group AG trader Kareem Serageldin departs Manhattan Federal Court in New York" align="left" title="Former Credit Suisse Group AG trader Kareem Serageldin departs Manhattan Federal Court in New York" border="0" /></a>By Bernard Vaughan NEW YORK (Reuters) - A former Credit Suisse Group AG trader pleaded guilty to a conspiracy charge on Friday in a U.S. criminal case relating to the alleged inflation of subprime mortgage bond prices. Kareem Serageldin, the Swiss bank&#039;s former global head of structured credit, pleaded guilty to conspiracy to falsify books and records at a hearing in Manhattan federal court. He faces up to five years in prison, according to the U.S. Justice Department. &quot;I made a terrible mistake and I deeply regret my conduct,&quot; Serageldin, 39, told U.S. District Judge Alvin Hellerstein. ...</p><br clear="all"/>http://news.yahoo.com/ex-credit-suisse-trader-pleads-guilty-mbs-pricing-161746586--finance.htmlFri, 12 Apr 2013 18:40:40 -0400Reutersex-credit-suisse-trader-pleads-guilty-mbs-pricing-161746586--finance<p><a href="http://news.yahoo.com/ex-credit-suisse-trader-pleads-guilty-mbs-pricing-161746586--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/v9r.oxpCmYU68gJfGkgmAw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T182431Z_1_CBRE93B1CLL00_RTROPTP_2_CREDITSUISSE-SERAGELDIN-PLEA.JPG" width="130" height="86" alt="Former Credit Suisse Group AG trader Kareem Serageldin departs Manhattan Federal Court in New York" align="left" title="Former Credit Suisse Group AG trader Kareem Serageldin departs Manhattan Federal Court in New York" border="0" /></a>By Bernard Vaughan NEW YORK (Reuters) - A former Credit Suisse Group AG trader pleaded guilty to a conspiracy charge on Friday in a U.S. criminal case relating to the alleged inflation of subprime mortgage bond prices. Kareem Serageldin, the Swiss bank&#039;s former global head of structured credit, pleaded guilty to conspiracy to falsify books and records at a hearing in Manhattan federal court. He faces up to five years in prison, according to the U.S. Justice Department. &quot;I made a terrible mistake and I deeply regret my conduct,&quot; Serageldin, 39, told U.S. District Judge Alvin Hellerstein. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/cyprus-not-asking-more-bailout-money-mulls-early-100708415--business.html"><img src="http://l3.yimg.com/bt/api/res/1.2/7kueFoBhyFnGspcJ2p57dg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T194103Z_5_CBRE93B0TWE00_RTROPTP_2_EUROZONE-CYPRUS.JPG" width="130" height="86" alt="Cyprus&#039; President Nicos Anastasiades addresses a conference of civil servants in Nicosia" align="left" title="Cyprus&#039; President Nicos Anastasiades addresses a conference of civil servants in Nicosia" border="0" /></a>By Jan Strupczewski and Annika Breidthardt DUBLIN (Reuters) - Euro zone finance ministers backed a 10 billion euro bailout for Cyprus on Friday and the European Commission said it would try to help the island&#039;s economy grow again with better use of EU structural funds. The ministerial support opens the way for several euro zone countries, including Germany and Finland to seek approval for the three-year bailout in national parliaments, so that loan agreement with Nicosia can be signed by April 24. ...</p><br clear="all"/>http://news.yahoo.com/cyprus-not-asking-more-bailout-money-mulls-early-100708415--business.htmlFri, 12 Apr 2013 14:19:07 -0400Reuterscyprus-not-asking-more-bailout-money-mulls-early-100708415--business<p><a href="http://news.yahoo.com/cyprus-not-asking-more-bailout-money-mulls-early-100708415--business.html"><img src="http://l3.yimg.com/bt/api/res/1.2/7kueFoBhyFnGspcJ2p57dg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T194103Z_5_CBRE93B0TWE00_RTROPTP_2_EUROZONE-CYPRUS.JPG" width="130" height="86" alt="Cyprus&#039; President Nicos Anastasiades addresses a conference of civil servants in Nicosia" align="left" title="Cyprus&#039; President Nicos Anastasiades addresses a conference of civil servants in Nicosia" border="0" /></a>By Jan Strupczewski and Annika Breidthardt DUBLIN (Reuters) - Euro zone finance ministers backed a 10 billion euro bailout for Cyprus on Friday and the European Commission said it would try to help the island&#039;s economy grow again with better use of EU structural funds. The ministerial support opens the way for several euro zone countries, including Germany and Finland to seek approval for the three-year bailout in national parliaments, so that loan agreement with Nicosia can be signed by April 24. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/goldman-sachs-ceo-blankfein-pay-fell-13-3-162150880--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/LdhC8vi.FHGsLGzUCqNx2w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T192607Z_2_CBRE93B19GI00_RTROPTP_2_OBAMA-CEOS.JPG" width="130" height="86" alt="Lloyd Blankfein, Chairman and CEO, Goldman Sachs Group, arrives to meet with U.S. President Barack Obama and other CEOs at the White House in Washington" align="left" title="Lloyd Blankfein, Chairman and CEO, Goldman Sachs Group, arrives to meet with U.S. President Barack Obama and other CEOs at the White House in Washington" border="0" /></a>By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc&#039;s board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award. His pay was unchanged at $2 million, but both his cash bonus and stock award almost doubled to $5.7 million and $13.3 million, respectively. But a summary compensation table in Goldman&#039;s proxy - the standard format for reporting executive pay - tells a different story because Blankfein&#039;s stock awards were not granted until January 2013. ...</p><br clear="all"/>http://news.yahoo.com/goldman-sachs-ceo-blankfein-pay-fell-13-3-162150880--sector.htmlFri, 12 Apr 2013 19:48:05 -0400Reutersgoldman-sachs-ceo-blankfein-pay-fell-13-3-162150880--sector<p><a href="http://news.yahoo.com/goldman-sachs-ceo-blankfein-pay-fell-13-3-162150880--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/LdhC8vi.FHGsLGzUCqNx2w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T192607Z_2_CBRE93B19GI00_RTROPTP_2_OBAMA-CEOS.JPG" width="130" height="86" alt="Lloyd Blankfein, Chairman and CEO, Goldman Sachs Group, arrives to meet with U.S. President Barack Obama and other CEOs at the White House in Washington" align="left" title="Lloyd Blankfein, Chairman and CEO, Goldman Sachs Group, arrives to meet with U.S. President Barack Obama and other CEOs at the White House in Washington" border="0" /></a>By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc&#039;s board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award. His pay was unchanged at $2 million, but both his cash bonus and stock award almost doubled to $5.7 million and $13.3 million, respectively. But a summary compensation table in Goldman&#039;s proxy - the standard format for reporting executive pay - tells a different story because Blankfein&#039;s stock awards were not granted until January 2013. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/retail-sales-unexpectedly-fall-march-123244654--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/PoJIEzEXqBwll6Y8wO8Ctw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T124813Z_3_CBRE93B0YUY00_RTROPTP_2_CHINA-TOURISM-SPENDING.JPG" width="130" height="86" alt="A shopper carries bags from Tiffany &amp; Co. jewelers along 5th Avenue in New York City" align="left" title="A shopper carries bags from Tiffany &amp; Co. jewelers along 5th Avenue in New York City" border="0" /></a>By Jason Lange WASHINGTON (Reuters) - Retail sales contracted in March for the second time in three months and consumer confidence tumbled in April, a sign tax hikes early this year stole momentum from the economy. Sales fell 0.4 percent in March, missing analysts&#039; expectations for a flat reading, Commerce Department data showed on Friday. The data suggests consumer spending was considerably weaker in the first quarter than analysts previously believed, and many cut economic growth forecasts for the period. ...</p><br clear="all"/>http://news.yahoo.com/retail-sales-unexpectedly-fall-march-123244654--business.htmlFri, 12 Apr 2013 12:41:23 -0400Reutersretail-sales-unexpectedly-fall-march-123244654--business<p><a href="http://news.yahoo.com/retail-sales-unexpectedly-fall-march-123244654--business.html"><img src="http://l2.yimg.com/bt/api/res/1.2/PoJIEzEXqBwll6Y8wO8Ctw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T124813Z_3_CBRE93B0YUY00_RTROPTP_2_CHINA-TOURISM-SPENDING.JPG" width="130" height="86" alt="A shopper carries bags from Tiffany &amp; Co. jewelers along 5th Avenue in New York City" align="left" title="A shopper carries bags from Tiffany &amp; Co. jewelers along 5th Avenue in New York City" border="0" /></a>By Jason Lange WASHINGTON (Reuters) - Retail sales contracted in March for the second time in three months and consumer confidence tumbled in April, a sign tax hikes early this year stole momentum from the economy. Sales fell 0.4 percent in March, missing analysts&#039; expectations for a flat reading, Commerce Department data showed on Friday. The data suggests consumer spending was considerably weaker in the first quarter than analysts previously believed, and many cut economic growth forecasts for the period. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/jpmorgan-reports-higher-first-quarter-profits-111742737--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/73zk77559mxll27ErRRkQA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T163017Z_1_CBRE93B0ZIU00_RTROPTP_2_JPMORGAN-RESULTS.JPG" width="130" height="86" alt="Jamie Dimon answers a question at the U.S. Senate Banking, Housing and Urban Affairs Committee hearing in Washington" align="left" title="Jamie Dimon answers a question at the U.S. Senate Banking, Housing and Urban Affairs Committee hearing in Washington" border="0" /></a>By David Henry and Dan Wilchins NEW YORK (Reuters) - JPMorgan Chase &amp; Co posted higher first-quarter profit on Friday as it spent much less money on mortgage-related litigation, but most of its major businesses turned in tepid performances, and the bank&#039;s overall revenue declined. The results reflected the pressure the largest U.S. bank is under, even as it recovers from the disastrous &quot;London Whale&quot; trading losses that cost more than $6 billion last year. Many of the gains came from accounting judgments rather than increased customer demand. JPMorgan shares dipped 0.2 percent to $49.21. ...</p><br clear="all"/>http://news.yahoo.com/jpmorgan-reports-higher-first-quarter-profits-111742737--sector.htmlFri, 12 Apr 2013 12:30:17 -0400Reutersjpmorgan-reports-higher-first-quarter-profits-111742737--sector<p><a href="http://news.yahoo.com/jpmorgan-reports-higher-first-quarter-profits-111742737--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/73zk77559mxll27ErRRkQA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T163017Z_1_CBRE93B0ZIU00_RTROPTP_2_JPMORGAN-RESULTS.JPG" width="130" height="86" alt="Jamie Dimon answers a question at the U.S. Senate Banking, Housing and Urban Affairs Committee hearing in Washington" align="left" title="Jamie Dimon answers a question at the U.S. Senate Banking, Housing and Urban Affairs Committee hearing in Washington" border="0" /></a>By David Henry and Dan Wilchins NEW YORK (Reuters) - JPMorgan Chase &amp; Co posted higher first-quarter profit on Friday as it spent much less money on mortgage-related litigation, but most of its major businesses turned in tepid performances, and the bank&#039;s overall revenue declined. The results reflected the pressure the largest U.S. bank is under, even as it recovers from the disastrous &quot;London Whale&quot; trading losses that cost more than $6 billion last year. Many of the gains came from accounting judgments rather than increased customer demand. JPMorgan shares dipped 0.2 percent to $49.21. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/u-again-declines-name-china-currency-manipulator-203220451--business.html"><img src="http://l3.yimg.com/bt/api/res/1.2/09wLqM8OnZczv7ywWMQF0A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T234928Z_1_CBRE93B1L1Z00_RTROPTP_2_USA-OBAMA-GUNS.JPG" width="130" height="86" alt="U.S. President Barack Obama delivers remarks on measures to reduce gun violence, in Connecticut" align="left" title="U.S. President Barack Obama delivers remarks on measures to reduce gun violence, in Connecticut" border="0" /></a>By Anna Yukhananov WASHINGTON (Reuters) - The Obama administration on Friday put Japan on notice that it was watching its economic policies to ensure they were not aimed at devaluing the yen to gain a competitive advantage. In a semi-annual report on currency practices of major trade partners, the United States also said China&#039;s currency remained &quot;significantly undervalued,&quot; but again stopped short of labeling the world&#039;s second-biggest economy a currency manipulator. It has been more than 18 years since the U.S. Treasury has designated any country a manipulator. ...</p><br clear="all"/>http://news.yahoo.com/u-again-declines-name-china-currency-manipulator-203220451--business.htmlFri, 12 Apr 2013 19:49:28 -0400Reutersu-again-declines-name-china-currency-manipulator-203220451--business<p><a href="http://news.yahoo.com/u-again-declines-name-china-currency-manipulator-203220451--business.html"><img src="http://l3.yimg.com/bt/api/res/1.2/09wLqM8OnZczv7ywWMQF0A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T234928Z_1_CBRE93B1L1Z00_RTROPTP_2_USA-OBAMA-GUNS.JPG" width="130" height="86" alt="U.S. President Barack Obama delivers remarks on measures to reduce gun violence, in Connecticut" align="left" title="U.S. President Barack Obama delivers remarks on measures to reduce gun violence, in Connecticut" border="0" /></a>By Anna Yukhananov WASHINGTON (Reuters) - The Obama administration on Friday put Japan on notice that it was watching its economic policies to ensure they were not aimed at devaluing the yen to gain a competitive advantage. In a semi-annual report on currency practices of major trade partners, the United States also said China&#039;s currency remained &quot;significantly undervalued,&quot; but again stopped short of labeling the world&#039;s second-biggest economy a currency manipulator. It has been more than 18 years since the U.S. Treasury has designated any country a manipulator. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/analysis-mexicos-smaller-homebuilders-set-gain-top-three-210608508--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/HZZAD86Hf7QdDxlfmUQtVQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T220242Z_2_CBRE93B1MMF00_RTROPTP_2_MEXICO-HOMEBUILDERS.JPG" width="130" height="86" alt="Unfinished apartments are seen on the outskirts of Mexico City" align="left" title="Unfinished apartments are seen on the outskirts of Mexico City" border="0" /></a>By Elinor Comlay MEXICO CITY (Reuters) - Mexico&#039;s top three homebuilders, facing heavy debt burdens and holding land where Mexicans no longer want to live, will sell fewer homes this year, leaving a market wide open for smaller rivals or even private equity funds to snap up business. Latin America&#039;s second-largest economy has a young population, high employment and a housing deficit of about 9 million houses but the biggest homebuilders misplayed that opportunity and overspent on land they are now struggling to sell. ...</p><br clear="all"/>http://news.yahoo.com/analysis-mexicos-smaller-homebuilders-set-gain-top-three-210608508--sector.htmlFri, 12 Apr 2013 17:06:08 -0400Reutersanalysis-mexicos-smaller-homebuilders-set-gain-top-three-210608508--sector<p><a href="http://news.yahoo.com/analysis-mexicos-smaller-homebuilders-set-gain-top-three-210608508--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/HZZAD86Hf7QdDxlfmUQtVQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T220242Z_2_CBRE93B1MMF00_RTROPTP_2_MEXICO-HOMEBUILDERS.JPG" width="130" height="86" alt="Unfinished apartments are seen on the outskirts of Mexico City" align="left" title="Unfinished apartments are seen on the outskirts of Mexico City" border="0" /></a>By Elinor Comlay MEXICO CITY (Reuters) - Mexico&#039;s top three homebuilders, facing heavy debt burdens and holding land where Mexicans no longer want to live, will sell fewer homes this year, leaving a market wide open for smaller rivals or even private equity funds to snap up business. Latin America&#039;s second-largest economy has a young population, high employment and a housing deficit of about 9 million houses but the biggest homebuilders misplayed that opportunity and overspent on land they are now struggling to sell. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/einhorns-big-bet-gold-slammed-sell-off-223457582--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/I5fXn3nDkwr4v7ZwKI1Umg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T223457Z_2_CBRE93B1QFB00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Einhorn, president of Greenlight Capital, speaks during the Sohn Investment Conference in New York" align="left" title="Einhorn, president of Greenlight Capital, speaks during the Sohn Investment Conference in New York" border="0" /></a>By Svea Herbst-Bayliss and Matthew Goldstein BOSTON/NEW YORK (Reuters) - This year&#039;s sell-off in gold has been harmful for dedicated gold-bugs like hedge fund manager John Paulson but it has also hit managers like David Einhorn who is better known for his stock picks than his love of the yellow metal. During the first quarter, however, Einhorn&#039;s Greenlight Capital Management demonstrated just how much he and his investors have riding on gold as he recently listed it as the fund&#039;s third largest position, an investor in the fund said. ...</p><br clear="all"/>http://news.yahoo.com/einhorns-big-bet-gold-slammed-sell-off-223457582--sector.htmlFri, 12 Apr 2013 18:34:57 -0400Reuterseinhorns-big-bet-gold-slammed-sell-off-223457582--sector<p><a href="http://news.yahoo.com/einhorns-big-bet-gold-slammed-sell-off-223457582--sector.html"><img src="http://l.yimg.com/bt/api/res/1.2/I5fXn3nDkwr4v7ZwKI1Umg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-12T223457Z_2_CBRE93B1QFB00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Einhorn, president of Greenlight Capital, speaks during the Sohn Investment Conference in New York" align="left" title="Einhorn, president of Greenlight Capital, speaks during the Sohn Investment Conference in New York" border="0" /></a>By Svea Herbst-Bayliss and Matthew Goldstein BOSTON/NEW YORK (Reuters) - This year&#039;s sell-off in gold has been harmful for dedicated gold-bugs like hedge fund manager John Paulson but it has also hit managers like David Einhorn who is better known for his stock picks than his love of the yellow metal. During the first quarter, however, Einhorn&#039;s Greenlight Capital Management demonstrated just how much he and his investors have riding on gold as he recently listed it as the fund&#039;s third largest position, an investor in the fund said. ...</p><br clear="all"/><p><a href="http://news.yahoo.com/coding-boot-camps-promise-launch-tech-careers-081247323--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/_Td2h7xe.oavvLqPCicmEg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/073f3169510fce0c2e0f6a706700b1be.jpg" width="130" height="86" alt="Student David Wen works during a class at Dev Bootcamp in San Francisco, Tuesday, April 2, 2013. Dev Bootcamp is one of a new breed of computer-programming schools that?s proliferating in San Francisco and other U.S. tech hubs. These ?hacker boot camps? promise to teach students how to write code in two or three months and help them get hired as web developers, with starting salaries between $80,000 and $100,000, often within days or weeks of graduation. (AP Photo/Jeff Chiu)" align="left" title="Student David Wen works during a class at Dev Bootcamp in San Francisco, Tuesday, April 2, 2013. Dev Bootcamp is one of a new breed of computer-programming schools that?s proliferating in San Francisco and other U.S. tech hubs. These ?hacker boot camps? promise to teach students how to write code in two or three months and help them get hired as web developers, with starting salaries between $80,000 and $100,000, often within days or weeks of graduation. (AP Photo/Jeff Chiu)" border="0" /></a>SAN FRANCISCO (AP) ? Looking for a career change, Ken Shimizu decided he wanted to be a software developer, but he didn&#039;t want to go back to college to study computer science.</p><br clear="all"/>http://news.yahoo.com/coding-boot-camps-promise-launch-tech-careers-081247323--finance.htmlFri, 12 Apr 2013 20:12:26 -0400Associated Presscoding-boot-camps-promise-launch-tech-careers-081247323--finance<p><a href="http://news.yahoo.com/coding-boot-camps-promise-launch-tech-careers-081247323--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/_Td2h7xe.oavvLqPCicmEg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/073f3169510fce0c2e0f6a706700b1be.jpg" width="130" height="86" alt="Student David Wen works during a class at Dev Bootcamp in San Francisco, Tuesday, April 2, 2013. Dev Bootcamp is one of a new breed of computer-programming schools that?s proliferating in San Francisco and other U.S. tech hubs. These ?hacker boot camps? promise to teach students how to write code in two or three months and help them get hired as web developers, with starting salaries between $80,000 and $100,000, often within days or weeks of graduation. (AP Photo/Jeff Chiu)" align="left" title="Student David Wen works during a class at Dev Bootcamp in San Francisco, Tuesday, April 2, 2013. Dev Bootcamp is one of a new breed of computer-programming schools that?s proliferating in San Francisco and other U.S. tech hubs. These ?hacker boot camps? promise to teach students how to write code in two or three months and help them get hired as web developers, with starting salaries between $80,000 and $100,000, often within days or weeks of graduation. (AP Photo/Jeff Chiu)" border="0" /></a>SAN FRANCISCO (AP) ? Looking for a career change, Ken Shimizu decided he wanted to be a software developer, but he didn&#039;t want to go back to college to study computer science.</p><br clear="all"/><p><a href="http://news.yahoo.com/2-big-banks-record-earnings-lower-revenue-203717215--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/gwcH03UufN9IbB4_89VjXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/1f45c8005382d90c2e0f6a706700f720.jpg" width="130" height="86" alt="FILE - This Thursday, Oct. 11, 2012 file photo shows a JPMorgan Chase branch office in Oklahoma City. Jamie Dimon, head of JPMorgan Chase, says that grappling with new regulations and strengthening internal controls are the bank&#039;s top priorities. In a call with reporters Friday, April 12, 2013, to discuss first-quarter earnings, he said that the bank would be aggressive in making changes, opting for quick decision-making over consensus building. (AP Photo/Sue Ogrocki, File)" align="left" title="FILE - This Thursday, Oct. 11, 2012 file photo shows a JPMorgan Chase branch office in Oklahoma City. Jamie Dimon, head of JPMorgan Chase, says that grappling with new regulations and strengthening internal controls are the bank&#039;s top priorities. In a call with reporters Friday, April 12, 2013, to discuss first-quarter earnings, he said that the bank would be aggressive in making changes, opting for quick decision-making over consensus building. (AP Photo/Sue Ogrocki, File)" border="0" /></a>NEW YORK (AP) ? JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in revenue.</p><br clear="all"/>http://news.yahoo.com/2-big-banks-record-earnings-lower-revenue-203717215--finance.htmlFri, 12 Apr 2013 18:44:05 -0400Associated Press2-big-banks-record-earnings-lower-revenue-203717215--finance<p><a href="http://news.yahoo.com/2-big-banks-record-earnings-lower-revenue-203717215--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/gwcH03UufN9IbB4_89VjXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/1f45c8005382d90c2e0f6a706700f720.jpg" width="130" height="86" alt="FILE - This Thursday, Oct. 11, 2012 file photo shows a JPMorgan Chase branch office in Oklahoma City. Jamie Dimon, head of JPMorgan Chase, says that grappling with new regulations and strengthening internal controls are the bank&#039;s top priorities. In a call with reporters Friday, April 12, 2013, to discuss first-quarter earnings, he said that the bank would be aggressive in making changes, opting for quick decision-making over consensus building. (AP Photo/Sue Ogrocki, File)" align="left" title="FILE - This Thursday, Oct. 11, 2012 file photo shows a JPMorgan Chase branch office in Oklahoma City. Jamie Dimon, head of JPMorgan Chase, says that grappling with new regulations and strengthening internal controls are the bank&#039;s top priorities. In a call with reporters Friday, April 12, 2013, to discuss first-quarter earnings, he said that the bank would be aggressive in making changes, opting for quick decision-making over consensus building. (AP Photo/Sue Ogrocki, File)" border="0" /></a>NEW YORK (AP) ? JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in revenue.</p><br clear="all"/><p><a href="http://news.yahoo.com/stocks-end-four-day-advance-energy-slides-164136224--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/e_cLjLs.VeS.y1AdZNDWrA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/8cf674b45304d70c2e0f6a7067000a4f.jpg" width="130" height="86" alt="Traders Kenneth Polcari, left, and John Liotti work on the floor of the New York Stock Exchange, Friday, April 12, 2013. The stock market is heading lower in early trading after a four-day rise as bank shares weaken. (AP Photo/Richard Drew)" align="left" title="Traders Kenneth Polcari, left, and John Liotti work on the floor of the New York Stock Exchange, Friday, April 12, 2013. The stock market is heading lower in early trading after a four-day rise as bank shares weaken. (AP Photo/Richard Drew)" border="0" /></a>NEW YORK (AP) ? A four-day surge in the stock market came to an end on Friday as falling commodity prices brought down energy and mining companies.</p><br clear="all"/>http://news.yahoo.com/stocks-end-four-day-advance-energy-slides-164136224--finance.htmlFri, 12 Apr 2013 17:38:44 -0400Associated Pressstocks-end-four-day-advance-energy-slides-164136224--finance<p><a href="http://news.yahoo.com/stocks-end-four-day-advance-energy-slides-164136224--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/e_cLjLs.VeS.y1AdZNDWrA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/8cf674b45304d70c2e0f6a7067000a4f.jpg" width="130" height="86" alt="Traders Kenneth Polcari, left, and John Liotti work on the floor of the New York Stock Exchange, Friday, April 12, 2013. The stock market is heading lower in early trading after a four-day rise as bank shares weaken. (AP Photo/Richard Drew)" align="left" title="Traders Kenneth Polcari, left, and John Liotti work on the floor of the New York Stock Exchange, Friday, April 12, 2013. The stock market is heading lower in early trading after a four-day rise as bank shares weaken. (AP Photo/Richard Drew)" border="0" /></a>NEW YORK (AP) ? A four-day surge in the stock market came to an end on Friday as falling commodity prices brought down energy and mining companies.</p><br clear="all"/>WASHINGTON (AP) ? The Food and Drug Administration will hold a meeting in June to reassess the safety of GlaxoSmithKline's former blockbuster drug Avandia, which was severely restricted in 2010 due to concerns about its impact on the heart.http://news.yahoo.com/fda-reviewing-heart-risks-glaxo-diabetes-pill-211708765--finance.htmlFri, 12 Apr 2013 17:17:53 -0400Associated Pressfda-reviewing-heart-risks-glaxo-diabetes-pill-211708765--financeWASHINGTON (AP) ? The Obama administration on Friday declined to label China a currency manipulator, although it said that China's currency remains significantly undervalued.http://news.yahoo.com/us-declines-label-china-currency-manipulator-202538217--finance.htmlFri, 12 Apr 2013 19:11:56 -0400Associated Pressus-declines-label-china-currency-manipulator-202538217--financeNEW YORK (AP) ? Signs that the global economy isn't strong enough to quickly burn through the world's ample supplies of oil and gasoline sank crude oil prices for a second straight day.http://news.yahoo.com/oil-falls-2-percent-gas-prices-keep-dropping-194935554--finance.htmlFri, 12 Apr 2013 18:53:06 -0400Associated Pressoil-falls-2-percent-gas-prices-keep-dropping-194935554--finance<p><a href="http://news.yahoo.com/fda-finds-safety-issues-specialty-pharmacies-152956712--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/rqLQYW_CjaF3d8Sc_YKG4g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/1a15db40531ed70c2e0f6a7067009398.jpg" width="130" height="86" alt="FILE - In this Wednesday, April 10, 2013 file photo, Food and Drug Administration (FDA) Commissioner Margaret Hamburg, foreground, with Health and Human Services Secretary Kathleen Sebelius, left, and others, speaks during a news conference at the Health and Humans Services (HHS) Department in Washington, to discuss the Health Department&#039;s fiscal 2014 budget. The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs. In a blog post to the FDA&#039;s website Thursday, April 11, Hamburg noted that four pharmacies initially refused to admit the agency&#039;s inspectors. In two cases the agency had to return with search warrants and U.S. marshals to complete the inspections. (AP Photo/Manuel Balce Ceneta, File)" align="left" title="FILE - In this Wednesday, April 10, 2013 file photo, Food and Drug Administration (FDA) Commissioner Margaret Hamburg, foreground, with Health and Human Services Secretary Kathleen Sebelius, left, and others, speaks during a news conference at the Health and Humans Services (HHS) Department in Washington, to discuss the Health Department&#039;s fiscal 2014 budget. The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs. In a blog post to the FDA&#039;s website Thursday, April 11, Hamburg noted that four pharmacies initially refused to admit the agency&#039;s inspectors. In two cases the agency had to return with search warrants and U.S. marshals to complete the inspections. (AP Photo/Manuel Balce Ceneta, File)" border="0" /></a>WASHINGTON (AP) ? The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs.</p><br clear="all"/>http://news.yahoo.com/fda-finds-safety-issues-specialty-pharmacies-152956712--finance.htmlFri, 12 Apr 2013 15:15:28 -0400Associated Pressfda-finds-safety-issues-specialty-pharmacies-152956712--finance<p><a href="http://news.yahoo.com/fda-finds-safety-issues-specialty-pharmacies-152956712--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/rqLQYW_CjaF3d8Sc_YKG4g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/1a15db40531ed70c2e0f6a7067009398.jpg" width="130" height="86" alt="FILE - In this Wednesday, April 10, 2013 file photo, Food and Drug Administration (FDA) Commissioner Margaret Hamburg, foreground, with Health and Human Services Secretary Kathleen Sebelius, left, and others, speaks during a news conference at the Health and Humans Services (HHS) Department in Washington, to discuss the Health Department&#039;s fiscal 2014 budget. The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs. In a blog post to the FDA&#039;s website Thursday, April 11, Hamburg noted that four pharmacies initially refused to admit the agency&#039;s inspectors. In two cases the agency had to return with search warrants and U.S. marshals to complete the inspections. (AP Photo/Manuel Balce Ceneta, File)" align="left" title="FILE - In this Wednesday, April 10, 2013 file photo, Food and Drug Administration (FDA) Commissioner Margaret Hamburg, foreground, with Health and Human Services Secretary Kathleen Sebelius, left, and others, speaks during a news conference at the Health and Humans Services (HHS) Department in Washington, to discuss the Health Department&#039;s fiscal 2014 budget. The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs. In a blog post to the FDA&#039;s website Thursday, April 11, Hamburg noted that four pharmacies initially refused to admit the agency&#039;s inspectors. In two cases the agency had to return with search warrants and U.S. marshals to complete the inspections. (AP Photo/Manuel Balce Ceneta, File)" border="0" /></a>WASHINGTON (AP) ? The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs.</p><br clear="all"/>NEW YORK (AP) ? J.C. Penney can sell certain home goods designed by Martha Stewart that were destined for shelves in May ? for now, a New York State Supreme Court judge ruled Friday.http://news.yahoo.com/judge-jcp-sell-martha-designed-goods-now-173503548--finance.htmlFri, 12 Apr 2013 18:32:54 -0400Associated Pressjudge-jcp-sell-martha-designed-goods-now-173503548--finance<p><a href="http://news.yahoo.com/us-retail-sales-fall-0-4-percent-march-123733030--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/0HEMjrVIks.qKUB1E9zL_g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/afa5080a5275d40c2e0f6a70670097f5.jpg" width="130" height="86" alt="In this Tuesday, April 9, 2013 photo, a shopper looks over the clothes at the Vermont Trading Company in Montpelier, Vt. U.S. retail sales fell in March from February by the most in nine months, indicating higher taxes and weak hiring have made consumers more cautious about spending, according to the Commerce Department, on Friday, April 12, 2013. (AP Photo/Toby Talbot)" align="left" title="In this Tuesday, April 9, 2013 photo, a shopper looks over the clothes at the Vermont Trading Company in Montpelier, Vt. U.S. retail sales fell in March from February by the most in nine months, indicating higher taxes and weak hiring have made consumers more cautious about spending, according to the Commerce Department, on Friday, April 12, 2013. (AP Photo/Toby Talbot)" border="0" /></a>WASHINGTON (AP) ? Sales at U.S. retailers fell in March from February, indicating that higher taxes and weak hiring likely made some consumers more cautious about spending.</p><br clear="all"/>http://news.yahoo.com/us-retail-sales-fall-0-4-percent-march-123733030--finance.htmlFri, 12 Apr 2013 18:44:12 -0400Associated Pressus-retail-sales-fall-0-4-percent-march-123733030--finance<p><a href="http://news.yahoo.com/us-retail-sales-fall-0-4-percent-march-123733030--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/0HEMjrVIks.qKUB1E9zL_g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/afa5080a5275d40c2e0f6a70670097f5.jpg" width="130" height="86" alt="In this Tuesday, April 9, 2013 photo, a shopper looks over the clothes at the Vermont Trading Company in Montpelier, Vt. U.S. retail sales fell in March from February by the most in nine months, indicating higher taxes and weak hiring have made consumers more cautious about spending, according to the Commerce Department, on Friday, April 12, 2013. (AP Photo/Toby Talbot)" align="left" title="In this Tuesday, April 9, 2013 photo, a shopper looks over the clothes at the Vermont Trading Company in Montpelier, Vt. U.S. retail sales fell in March from February by the most in nine months, indicating higher taxes and weak hiring have made consumers more cautious about spending, according to the Commerce Department, on Friday, April 12, 2013. (AP Photo/Toby Talbot)" border="0" /></a>WASHINGTON (AP) ? Sales at U.S. retailers fell in March from February, indicating that higher taxes and weak hiring likely made some consumers more cautious about spending.</p><br clear="all"/>NEW YORK (AP) ? Verizon Wireless, the country's largest cellphone carrier, on Friday said that it is extending the time it takes to earn a subsidized phone upgrade from 20 months on contract to 24 months.http://news.yahoo.com/verizon-extend-phone-upgrade-waiting-period-192227556--finance.htmlFri, 12 Apr 2013 16:05:41 -0400Associated Pressverizon-extend-phone-upgrade-waiting-period-192227556--financeThe judge presiding over the lawsuit against Martha Stewart and J.C. Penney ruled on Friday allowing the sale of Martha Stewart merchandise in J.C. Penney stores. ? ? ? ?http://abcnews.go.com/Business/partial-ruling-favors-jc-penney-macys-suit-martha/story?id=18942572Fri, 12 Apr 2013 15:19:40 -0400ABC News (RSS)Business/partial-ruling-favors-jc-penney-macys-suit-martha/storyAn elderly couple in Brooklyn, N.Y., found a huge pile of cash?what they reckon was $100,000?in cash in a bank?s safe deposit box. Joe Valinoti, 82, and his companion, Kathleen Ricigliano, 81, said they opened a safe deposit box account with Sovereign Bank in February.... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/couple-finds-100000-in-safe-deposit-box/Fri, 12 Apr 2013 14:46:58 -0400ABC News (RSS)blogs/business/2013/04/couple-finds-100000-in-safe-deposit-box/Three men were indicted this week for shipping millions of packs of untaxed contraband Marlboro cigarettes that were part of a sting conducted by the FBI. Jia Yongming, Yazhou Wu, and Ricky Le were indicted by the U.S. Attorney?s Office on Monday in a U.S.... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/men-indicted-for-2-3m-packs-of-fake-marlboros/Fri, 12 Apr 2013 14:00:18 -0400ABC News (RSS)blogs/business/2013/04/men-indicted-for-2-3m-packs-of-fake-marlboros/Three men were indicted this week for shipping millions of packs of untaxed contraband Marlboro cigarettes that were part of a sting conducted by the FBI. Jia Yongming, Yazhou Wu, and Ricky Le were indicted by the U.S. Attorney?s Office on Monday in a U.S.... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/men-indicted-for-2-3m-packs-of-fake-marlboros/Fri, 12 Apr 2013 13:51:58 -0400ABC News (RSS)blogs/business/2013/04/men-indicted-for-2-3m-packs-of-fake-marlboros/A rare psalm book from 1640 could fetch between $15 million to $30 million at a Sotheby?s auction on Nov. 26 in New York. ?It?s going to be far and away the most expensive book ever sold,? David Redden, vice chairman of Sotheby?s auction house,... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/holy-grail-of-rare-books-hymnal-could-fetch-30m/Fri, 12 Apr 2013 13:19:01 -0400ABC News (RSS)blogs/business/2013/04/holy-grail-of-rare-books-hymnal-could-fetch-30m/A rare psalm book from 1640 could fetch between $15 million to $30 million at a Sotheby?s auction on Nov. 26 in New York. ?It?s going to be far and away the most expensive book ever sold,? David Redden, vice chairman of Sotheby?s auction house,... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/holy-grail-of-rare-books-hymnal-could-fetch-30m/Fri, 12 Apr 2013 12:49:28 -0400ABC News (RSS)blogs/business/2013/04/holy-grail-of-rare-books-hymnal-could-fetch-30m/McDonald?s has apologized for a Big Mac ad that enflamed the fast food giant in a whopper-sized controversy. The ad, a poster placed on Boston mass transit, featured a photo of a seemingly despondent woman with her head buried in her hands next to the... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/mcdonalds-apologizes-for-sad-big-mac-ad/Fri, 12 Apr 2013 12:39:28 -0400ABC News (RSS)blogs/business/2013/04/mcdonalds-apologizes-for-sad-big-mac-ad/Retail sales fell by 0.4 percent in March, according to the Commerce Department, the biggest drop in nine months. The major stock market indexes slid on the news. Taxes went up at the beginning of the year for everyone who gets a paycheck and that... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/retail-sales-fall-sending-stocks-down/Fri, 12 Apr 2013 11:22:28 -0400ABC News (RSS)blogs/business/2013/04/retail-sales-fall-sending-stocks-down/A former home of rock legend Stevie Nicks and silent-movie star Vilma Banky is on sale for $1.625 million. The 4-bedroom home in the Hollywood Hills has a guest apartment, sunset views and spans 3,538-square feet. Nicks purchased the property in the late '70s and recorded numerous demos there, according to Curbed. Banky reportedly lived there after it was built in the late '20s. The home was last purchased in December 2000 for $1.15 million. ? ? ? ?http://abcnews.go.com/Business/slideshow/stevie-nicks-los-angeles-home-listed-1625-million-6636854Fri, 12 Apr 2013 09:41:06 -0400ABC News (RSS)Business/slideshow/stevie-nicks-los-angeles-home-listed-1625-million-6636854Those Californians who missed out on the state?s first Powerball drawing on Wednesday, which did not yield a winner, will have another chance at the estimated $60 million jackpot during the second drawing on Saturday. Homebound residents or anybody else who doesn?t feel like visiting... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/Fri, 12 Apr 2013 09:13:05 -0400ABC News (RSS)blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/Morning Business Memo? Dozens of current and former NFL and NBA players may have been the victims of an investment scam. FINRA ? the Financial Industry Regulatory Authority ? filed a cease-and-desist order against Success Trade Securities, alleging the online investment firm ripped off 58... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/investment-scam-hits-nfl-nba-stars/Fri, 12 Apr 2013 08:11:28 -0400ABC News (RSS)blogs/business/2013/04/investment-scam-hits-nfl-nba-stars/Those Californians who missed out on the state?s first Powerball drawing on Wednesday, which did not yield a winner, will have another chance at the estimated $60 million jackpot during the second drawing on Saturday. Homebound residents or anybody else who doesn?t feel like visiting... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/Fri, 12 Apr 2013 06:37:23 -0400ABC News (RSS)blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/Those Californians who missed out on the state?s first Powerball drawing on Wednesday, which did not yield a winner, will have another chance at the estimated $60 million jackpot during the second drawing on Saturday. Homebound residents or anybody else who doesn?t feel like visiting... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/Fri, 12 Apr 2013 06:05:00 -0400ABC News (RSS)blogs/business/2013/04/lottogopher-com-wants-to-sell-you-lotto-tickets-online/A former home of rock legend Stevie Nicks and silent-movie star Vilma Banky is on sale for $1.625 million. The 4-bedroom home in the Hollywood Hills has a guest apartment, sunset views and spans 3,538-square feet. Nicks purchased the property in the late '70s and recorded numerous demos there, according to Curbed. Banky reportedly lived there after it was built in the late '20s. The home was last purchased in December 2000 for $1.15 million. ? ? ? ?http://abcnews.go.com/Business/slideshow/stevie-nicks-los-angeles-home-listed-1625-million-6636854Thu, 11 Apr 2013 23:54:58 -0400ABC News (RSS)Business/slideshow/stevie-nicks-los-angeles-home-listed-1625-million-6636854With round one of the Masters Golf Tournament underway, tickets for the famous game in Augusta, Ga., are still being sold online today. Though ABC News? Darren Rovell reports prices on web sites like StubHub have dropped to $3,000 to $4,000 today, some badges were... ? ? ? ?http://abcnews.go.com/blogs/business/2013/04/masters-ticket-prices-highest-since-tiger-woods-debut/Thu, 11 Apr 2013 16:28:56 -0400ABC News (RSS)blogs/business/2013/04/masters-ticket-prices-highest-since-tiger-woods-debut/