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U.S. markets news

Nasdaq Parties Likes It's 2000, but More Sedately
The Nasdaq Composite Index broke through 5000, returning to a level it hadn't seen in nearly 15 years and moving within range of a record for the first time since the Internet stock bubble.
Nasdaq tops 5000 for first time since 2000  The Denver Post
NASDAQ is Back at 2000 Dot-Com Bubble Level  I4U News  
HP Rides Aruba's Wave Into Contextual Networking
Today Hewlett-Packard Co. announced it would acquire Aruba Networks , a wireless networking and mobility services company based in Sunnyvale, for roughly $2.7 billion .
HP to buy WiFi gear maker Aruba Networks for US$2.7bil  The Star Online
HP to buy Aruba Networks  Brisbane Times
Australian central bank holds rates at 2.25%
SYDNEY--Australia's central bank kept its benchmark interest rate unchanged at a record low 2.25% Tuesday to avoid stoking an overheating housing market that risks derailing a fragile economic recovery.
Aussie Jumped 0.6% in Minute Before RBA's Rate Announcement  Bloomberg
TAKE A LOOK-Asia c.banks: Australia's RBA holds rates, leaves door open ...  Reuters
Bill Gross may be thinking about these stocks
Bill Gross says investors should own high-quality bonds and �low P/E, high-quality stocks.� By. Philipvan Doorn. Investing columnist.
Gross Says He's Got Up to Four Years to Reestablish Mark  Bloomberg
Gross giving himself four years to re-establish track record  InvestmentNews
Jordan joins Lurie on Forbes' billionaires list
Michael Jordan jumped into the deep end of the financial pool yesterday when Forbes revealed the former NBA star, who is now principal owner of the Hornets, made its 2015 billionaires list.
How the LA Clippers made Michael Jordan a billionaire  Atlanta Journal Constitution
Forbes adds Michael Jordan to 2015 world's billionaires list  MSNBC
Costco Chooses Visa and Citi as its New Exclusive Credit Card Supplier
Costco Chooses Visa and Citi as its New Exclusive Credit Card Supplier2 On Monday, Costco Wholesale Corp announced that Visa International and Citigroup will replace American Express as its only card supplier next year, so many customers are currently ...
Costco announces new partnership with Visa and Citi  The Week Magazine
Costco picks Visa and Citigroup as new credit card partners  Los Angeles Times
Kleiner's Lane Tells Jury Partner Won Promotion After Sex Affair
Ray Lane, ex-Kleiner Perkins Caufield & Byers partner and former chairman of Hewlett-Packard Co. Photographer: Jonathan Alcorn/Bloomberg.
Former HP chairman admits 'mistake' in sexism trial  Reuters
Revelations About Mary Meeker and Questions From the Jury in Pao/Kleiner ...  Re/code
The Rat Race to Advertise on Alibaba's Marketplaces
For the millions of vendors on Alibaba Group Holdings Ltd. 's Taobao and Tmall marketplaces, getting your products seen by browsing customers is one of the most important�and difficult�parts of running an online shop.
Taiwan orders Alibaba to withdraw after rules violation  Financial Times
Taiwan Tells Alibaba to Exit Within 6 Months on Investment Rules  Bloomberg
PayPal is acquiring Paydient to take on Apple Pay
Just at a time when major retailers like Walmart, Target were struggling to find an alternative to Apple Pay and Google Wallet, PayPal has struck a deal to purchase Paydient, a major mobile wallet tech developer and Apple Pay's rival in all aspects.
Paydiant acquired by PayPal  Boston Globe (subscription)
PayPal Purchases Mobile Payment Software Company Paydiant  Franchise Herald
Macau Casino Revenue Plunges by Half in February
Casino revenue in the world gambling capital of Macau plunged by nearly half last month as fewer Chinese high-rollers visited during the busy Lunar New Year holiday, according to a report Tuesday.
Macau Feb gaming revenue slumps record 49% as rich Chinese stay away  THE BUSINESS TIMES
Macau casino revenue plunges record 49% in February on weak holiday gambling  The Straits Times