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Thursday, April 12, 2012

Reuters Money: Bernanke's Instagram bubble

Reuters » Money 2012
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04/12/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Bernanke's Instagram bubble
(Reuters) - Instagram founders Kevin Systrom and Mike Krieger ought to get down on their knees every night and thank Ben Bernanke.
Air carrier shutdown ruins vacation plans
(Reuters) - Jocelyn Floyd was waiting with her kids at the airport in Springfield, Illinois, for a flight to Florida in March when the fun spring break trip was replaced with jarring news: not only was the flight canceled, but the carrier had suspended operations.
Analysis: Groupon accounting problems put spotlight on board
NEW YORK (Reuters) - Groupon Inc, the online coupon company that floated just months ago in the strongest IPO in years, has had recurring accounting problems that critics say show a need for more financial sophistication on its board.
Ex-Morgan Stanley CEO joins LendingClub board
(Reuters) - Former Morgan Stanley Chief Executive John Mack has joined the board of LendingClub Corp as the peer-to-peer lending startup works to attract more investor money and expand its consumer loan offerings.
Cost of aging rising faster than expected-IMF
WASHINGTON (Reuters) - People worldwide are living three years longer than expected on average, pushing up the costs of aging by 50 percent, and governments and pension funds are ill prepared, the International Monetary Fund said.
Stern Advice: Apple is bigger than my brain
WASHINGTON (Reuters) - By various accounts, Apple Inc. is now bigger than Spain, Portugal and Greece (combined), or the entire retail sector of the U.S. economy, or 13 Warren Buffetts. What are we to think about that?
Spring is high season for travel scams
(Reuters) - When it comes to large migrations of people during the U.S. spring break and summer vacations, the travel scams can come from most any angle. College students and families are targeted. So are grandparents back home.
Targeting the mobile market
NEW YORK (Reuters) - It's not often that a two-year-old start-up becomes a $1 billion company.
U.S. consumer website helps factor college costs
WASHINGTON (Reuters) - With many students eagerly waiting to find out which college they will be attending in the fall, the U.S. consumer watchdog is offering a sober reminder: loans for tuition are expensive.
Black & Veatch sees growing U.S. water system needs
(Reuters) - Engineering and construction group Black & Veatch is looking for new investors to help U.S. towns find cash to fix their water supply systems, the head of the company said on Wednesday.
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