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U.S. markets news

Bernanke upbeat on innovation outlook in commencement address
WASHINGTON | Sat May 18, 2013 11:14am EDT. WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 ...
Bernanke Optimistic About Innovation  Wall Street Journal
So, a Fed Chairman Is Speaking at Your Graduation  National Journal
Bloomberg   Related articles »  
The Facebook IPO, One Year Later
On the anniversary of its IPO, mobile is taking off on Facebook. So why did revenue decline last quarter? WSJ's Jason Bellini has "The Short Answer.
Leaning Down: Facebook's Stock At Its IPO Anniversary  Forbes
Facebook Struggles to Satisfy Investors About Mobile Earnings  Businessweek
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Consumer Sentiment Index in U.S. Rose to 83.7 in May from 76.4
Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
Consumer sentiment perks to post-recession peak  MarketWatch
Consumer Sentiment Hits Nearly 6-Year High  Wall Street Journal
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The Winklevoss twins are Bitcoin bulls
The Winklevoss brothers' legal battle with Facebook (FB) over the social network's messy creation made them rich. They eventually walked away with stock worth around $150 million at today's share price.
With $1.5M Led By Winklevoss Capital, BitInstant Aims To Be The Go-To Site ...  TechCrunch
Winklevoss twins on Bitcoin: Time to work with the Feds  CNET (blog)
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Will American's New Boarding Process Work? It Failed at Virgin America.
Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...
American Airlines Doesn't Want Your Bags in the Cabin  Businessweek
US airline group sees pickup in summer air passengers  Reuters
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How JC Penney Can Stem The Tide Of Slumping Sales
Yesterday, J.C. Penney announced a serious first quarter loss of $348 million, or $1.58 per share and a revenue slump of 16.4% to $2.635 billion as same store sales dropped 16.6%.
Where Did All Those JC Penney Customers Go?  Wall Street Journal
J.C. Penney First-Quarter Net Loss Widens After Johnson Leaves  Bloomberg
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Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling
According to multiple reports (the first coming from All Things D), the social blogging site is in serious talks with Yahoo Yahoo, which is looking to secure a strategic investment, partnership or even an outright acquisition.
Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site  Bloomberg
Report: Yahoo nearing $1.1B acquisition of Tumblr  Businessweek
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Gains for a 4th Week in a Row, and Milestones, Too
Stocks continued their climb into uncharted territory on Friday, racking up the fourth week in a row of gains as encouraging economic data prompted investors to buy shares of growth companies.
Dow, S&P end at records, stocks mark fourth week of gains  Reuters
Five Stocks That Made Big Gains this Week - NASDAQ.com  NASDAQ
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Fed has not lowered interest rates enough: Kocherlakota
By Ann Saphir. CHICAGO | Fri May 17, 2013 3:25pm EDT. CHICAGO (Reuters) - The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and ...
Kocherlakota Says Fed Hasn't Reduced Real Interest Rate Enough  Bloomberg
Fed Official Says It Has Not Done Enough for Growth  New York Times
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Accenture buying Acquity for $316 million
Global consulting firm Accenture has agreed to buy digital marketing company Acquity Group for $316 million, the companies announced Friday.
US HOT STOCKS: Acquity Group Active in Late Trading  Wall Street Journal
Accenture to buy Acquity for $316 million  UPI.com
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