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May 25, 2013
 
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A wave of selling hit Wall Street early Thursday as markets tumbled from Tokyo to London, but the U.S. stock losses ebbed in early trading.
New home sales rise  (23 May 08:06 pm) 
New home sales edged slightly higher once again in April as the housing market continues to give a lift to the U.S. economy.
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Japanese drugmaker Daiichi Sankyo has quietly stood by its decision to purchase Ranbaxy in 2008. Now, the company is publicly suggesting it was defrauded in the $4.6 billion acquisition.
Global markets in turmoil  (23 May 07:20 pm) 
A wave of selling hit Wall Street early Thursday as markets tumbled from Tokyo to London.
Claims for unemployment benefits fell last week, signaling the job market may be strengthening slightly in May.
Wall Street braces for a rough day  (23 May 06:36 pm) 
U.S. stocks head for a second day of declines as major indexes around the world fall deep into the red, dragged down by the Nikkei.
Prime Minister David Cameron says openness to foreign investment is competitive advantage for Britain (and Ratan Tata is always welcome at Downing Street).
Europe\'s persistent downturn is showing few signs of abating.
Japan plunge spooks global markets  (23 May 05:27 pm) 
A global rally in stocks came to an abrupt halt Thursday as a 7% plunge on Japan\'s Nikkei index unnerved investors in Europe and set the tone for a weak opening on Wall Street.
Bitcoin\'s network generates more power than the top 500 supercomputers and sucks down around $200,000 a day in electricity costs.
JLo's new gig: Verizon retailer  (23 May 05:05 pm) 
Jennifer Lopez has found a new gig: majority shareholder and chief creative mind behind a new line of Verizon Wireless retail stores.
Investors better buckle up. It\'s shaping up to be a rough day on Wall Street.
How big is Bitcoin?
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Tax avoidance works beautifully -- and legally -- for Apple and other multinationals. Why not make it work for you?
U.S. stocks look set for a second day of declines as major indexes around the world fall deep into the red.
Japan stocks plunge 7%  (23 May 04:09 pm) 
A 7-month rally in Japan came to an abrupt halt, on weak economic data from China.
4 federal agencies to shut Friday  (23 May 04:01 pm) 
Got a question about tax refunds, polluters or subsidized housing? Don\'t expect an answer this Friday.
A seven-month rally in Japanese stocks came to an abrupt halt Thursday as the benchmark Nikkei index plunged by 7%, with investors rattled by weak economic data from China.
China factory activity falls  (23 May 01:54 pm) 
Fall in preliminary survey data for May reinforces fears of a slowdown in global growth.
Fears of a slowdown in global growth were reinforced Thursday as a preliminary report on China\'s manufacturing in May showed activity contracted for the first time in seven months.
Your deleted texts live on  (23 May 05:03 am) 
With smartphone forensics, law enforcement can find deleted texts, photos and contacts.
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