TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide.
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SYDNEY (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge.
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BERLIN (Reuters) - Robust private consumption helped Germany eke out meager growth in the first quarter, compensating for declines in both exports and investment, and is likely to remain a pillar of support for Europe's largest economy this year.
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(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring.
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(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter.
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WASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in Web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters on Thursday.
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(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower.
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SAN FRANCISCO (Reuters) - The clearinghouse for all stock options said Thursday it will adopt a policy aimed at abolishing a dividend-linked trading strategy that critics say could destabilize markets if left unchecked.
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(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower.
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NEW YORK (Reuters) - For the past few months, the Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bonds mean that trading is likely to get bumpier in coming months.
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It only seems fitting that Michael Jackson, the man who brought the world Thriller, was resurrected on a Las Vegas stage late Thursday nightin the form of a hologram. More...
After Googles I/O announcements,I flashed back to a dozen or so conversations I've had with executives and entrepreneurs aboutwhat Google is doing. Reading between the lines, some imagined buying yachts after a Google acquisition. Others feared downgrading to an inner tube if Google entered their space. The best way to think about what Google might do is to understandwhy it does things. Heres my deconstruction of the strategy that makes one of the world's most innovative companies tick. More...
Money doesn't grow on trees. Money doesn't fall from the sky. Money doesn't come in a pot at the end of the rainbow. But for people like David Gonzalez, money comes in unexpected placesand in unexpected forms. Within the walls of an abandoned house he had recently purchased and was in the process of remodeling, Gonzalez found an issue of Action Comics #1. The cost of the Elbow Lake, Minnesota, house: $10,100. The value of the comic book: Over $100,000 According to the Star Tribune, Gonzalez said, I knew it was worth money. But I had no idea how much. Action Comics #1 featured the first appearance of Superman. The Golden-Age Man of Steel is comparably rusty next to modern-day Supes: He can leap tall buildings, but you won't believe this man could fly. But he did usher in the age of the superhero all by his superself. Action Comics #1 is considered the most valuable comic book in history, and one well-preserved copy sold at auction for $2.16 million. The second most valuable comic book, Detective Comics #27, featuring Batman's first appearance, sold at an auction for $1,075,500. And The Walking Dead #1, first published in 2003, has been selling extremely well, considering its relative youth: A recent eBay auction earned the seller of this issue $10,500. At the time of this writing, Gonzalez' Action auction (found at ComicsConnect) is at $127,000, although the price is expected to go higher. However, because of its poor conditionit rates a 1.5 by the Certified Guaranty Companythe issue isn't expected to break any records. But Gonzalez didn't expect to find a comic book worth more than a house, either. For those of you who want to read the issue but can't spare the $100+ large, you can do what I did: Buy a reprint. That way, you can watch your friends' jaws drop in shock when you tell them you own a copy of Action Comics #1. Trust me, it never gets old. You can follow me onTwitter,Facebook,Google+, and here atForbes. Thanks to Steven Ryan and Cary Gillenwater. More...
Researchers have developed a new drug to treat the underlying pathology associated with asthma, reducing flare-ups by nearly 87%, according to results of a new trial. Some experts view this as a potential game changer if the drug lives up to its early performance in a small study of 104 patients, recently presented at the American Thoracic Society International Conference in Philadelphia. More...
After Googles I/O announcements,I flashed back to a dozen or so conversations I've had with executives and entrepreneurs aboutwhat Google is doing. Reading between the lines, some imagined buying yachts after a Google acquisition. Others feared downgrading to an inner tube if Google entered their space. The best way to think about what Google might do is to understandwhy it does things. Heres my deconstruction of the strategy that makes one of the world's most innovative companies tick. More...
The Detroit Institute of Arts is widely considered to be one of the nation's museum jewels. Its vast collection includes works by Rembrandt, Picasso, Sargent, and Van Gogh. Its centerpiece courtyard is framed with priceless automobile industry murals by Diego Rivera. More...
The only thing people in Silicon Valley like to do more than talk about the future of tech is to invent it. Tonight they settled for the second-best thing, in the form of the popularTop 10 Tech Trendsdinner. More...
