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Avago Dives Deep With Broadcom
Avago Technologies AVGO 0.36 % has been on a shopping spree, thanks in part to a wide line of credit granted by its investors. Now, it is really taking advantage of that largess, loading up with the $37 billion purchase of rival Broadcom BRCM -2.00 % .
What you need to know about Broadcom's sale to Avago Technologies  Los Angeles Times
Avago Deal Offers Blueprint for Chip Maker Consolidation  New York Times
TheStreet.com  
Teva Pharmaceutical Industries Ltd (ADR) Agrees To Pay $1.2 Billion In ...
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has agreed to pay $1.2 billion in settlement for the charge that one of its subsidiaries had deliberately stopped competitors from introducing generic versions of its drug, Provigil.
In Wake of Teva Deal, FTC Hopes to 'Send a Strong Signal' To Pharma  Wall Street Journal (blog)
With A $1.2 Billion Hammer, The FTC Closes Loophole To Prevent Generic Drugs  Forbes
Apple, Google and Facebook Oppose a Freeze on Renewable Energy Targets ...
Apple, Google and Facebook came out today in opposition to a North Carolina bill that would put a hold on the state's renewable energy target.
Apple, Facebook, Google warn N.C. General Assembly not to change renewable ...  Triangle Business Journal
Renewable energy hasn't been this big since wood  CNBC
Lehman's Fuld Speaks Out for Little Guy at Penny-Stock Venue
Richard “Dick” Fuld, who led Lehman Brothers Holdings Inc. into the bankruptcy that set off the near-collapse of the world's financial system, says he's now working for the small companies that America needs for a real economic recovery.
Unrepentant Lehman ex-CEO Fuld says firm 'was not bankrupt'  Reuters
Lehman boss to launch stock exchange this summer  USA TODAY
IRS believes massive data theft originated in Russia
The Internal Revenue Service believes that a major cyber breach that allowed criminals to steal the tax returns of more than 100,000 people originated in Russia, Illinois Republican Rep. Peter Roskam confirmed to CNN on Thursday.
3 On Your Side: Thieves Steal IRS Tax Info & Claim $50 Million In Bogus ...  CBS Local
IRS Believes Russian Hackers Behind Major Data Breach  Talk Radio News Service
Bullard Says Fed Should Raise Rates as Economy Improves
James Bullard, president of the Federal Reserve Bank of St. Louis, said policy makers should raise interest rates as the economy improves, and warned that keeping borrowing costs near zero risks inflating asset-price bubbles.
The Fed Has an Impotence Problem  TheStreet.com
Low rate vow 'not helpful' to spur growth during an economic ...  STLtoday.com
Amazon Prime: Same Day Service Arrives for More than 1 Million Items; See if ...
Amazon customers who have Prime memberships will now be able to receive more than one million items the same day they order them for no extra cost, according to CNet.
Amazon to offer free same-day delivery  ABC Action News
Walmart (WMT) Stock Retreating After Amazon Offers Competing Delivery Service  TheStreet.com
California drought myths
Farmers suck up the majority of the state's water. Agriculture uses about 40 percent of the applied water in a typical year. There's no true villain in California water policy.
Moby Calls for Water Reform to Fight California Drought  Ecorazzi
Amid California Drought, Oil Industry Wastewater Attracts New Scrutiny  Circle of Blue WaterNews
Abercrombie & Fitch surges, but don't call it a miracle at the mall yet
But for the first time in awhile, investors are hopeful about the teen apparel retailer's future. Shares of Abercrombie & Fitch (ANF) surged nearly 15%.
Aamp;F Posts Wider-than-Expected Q1 Loss, Sales Miss  Zacks.com
UPDATE 2-Abercrombie signals better year as Hollister sales improve  Reuters
Mysterious globs of oily goo close 7 miles of Los Angeles beaches
MANHATTAN BEACH, Calif. (NBC Los Angeles) —Cleanup along a stretch of Southern California coastline is expected to take at least five days after a mysterious tar-like goo forced the closure of several South Bay beaches.
Oily Substance on California Beach Prompts Officials to Close Coastline  ABC News
Manhattan beach closed after mysterious globs appear  yourcentralvalley.com