Wall Street Journal
Gold Selloff Deepens
Gold fell for the seventh straight trading day Friday, notching its longest losing streak since the financial crisis as the metal approached a fresh low.
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DirecTV Considers Hulu Bid
DirecTV, the second largest U.S. pay-TV provider, is weighing a potential bid for Hulu, the latest company to show interest in the six-year-old video site.
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Hackers Hit Financial Times
The Financial Times said its Tech Blog and various Twitter accounts were hacked Friday by a group identifying itself as the Syrian Electronic Army.
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Bloomberg Taps Palmisano for Review
Bloomberg appointed former IBM chief Samuel Palmisano to review the company's compliance measures, in response to concerns about subscriber information that had been available to Bloomberg journalists.
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Penney Plans Bangladesh Audits
J.C. Penney plans to beef up its audits of factories in Bangladesh by requiring them for the first time to undergo structural and engineering inspections.
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Consumer Optimism Returns to Pre-Crisis Level
The Thomson-Reuters/University of Michigan early-May consumer-sentiment index jumped to 83.7 from 76.4 at the end of April and a preliminary April reading of 72.3.
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Abe Seeks to Get Japan Inc. to Spend
The prime minister pledged action to encourage businesses to increase their spending as he seeks to turn recent improvements in the economy into sustainable growth.
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Regulators Target Exchanges as They Ready Record Fine
Financial regulators are taking a harder line on exchanges amid concerns over their ability to police the markets they operate.
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J.P. Morgan Seeks Bloomberg Data
J.P. Morgan Chase sent a formal demand letter to Bloomberg this week, asking the company to show logs of all staff members who searched activities of J.P. Morgan subscribers since 2008.
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Insurers Drag on Europe Stocks
European stocks slipped, with insurers pacing the decline following downbeat results from a major player in the sector, while the euro dipped against the dollar, which gained back some ground against the yen.
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R.P. Martin Fires Broker
R.P. Martin fired a broker and suspended two top executives amid continuing scrutiny of the securities firm's role in alleged interest-rate manipulation, according to a person familiar with the move.
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Platts Fought Push for Regulation
The pricing firm that was investigated as part of a probe into alleged oil-benchmark fixing has resisted efforts at regulation in the past.
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Europe Recession Is Longest Since War
The euro-zone debt crisis has mutated into Europe's longest slump of the postwar era, with no recovery in sight for a broad swath of the continent.
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Richemont Chairman to Take a Break
Richemont said Chairman Johann Rupert will take a 12-month sabbatical from the luxury company as it posted better-than-expected full-year earnings and a good start to the year.
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China's Foreign Direct Investment Lags
Foreign direct investment in China sputtered in the first four months of the year, despite renewed signs of strength from the U.S. and the European Union, showing only a modest 1.21% rise from a year ago.
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Stronger Yen Weighs on Nikkei
Asian markets were mixed Thursday, with a stronger yen weighing on Japan's Nikkei. The Nikkei fell 1.1%.
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What's a CEO Worth?
Corporate directors kept CEO pay largely flat in 2012, for a second consecutive year. The compensation of CEOs at 300 big U.S. companies rose a median 3.6% to $10.1 million, a Hay Group/WSJ analysis found.
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Russians Hold Bank Chief
Russian police detained the head of Société Générale's local unit while he was allegedly accepting a kickback, a potential blow to the French bank's expansion plans in Russia.
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As Baht Rises, Thai Tycoons Spend
Fifteen years ago, Thailand and other Asian countries let their currencies slide, using cheap exports to help lift them out of a devastating economic slump. Today, Thailand's currency is soaring, and some of its tycoons are going on a buying spree.
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Japan Posts Surge in Growth
Japan's gross domestic product, the broadest measure of goods and services produced across the economy, grew at an annualized pace of 3.5% in the first three months of the year, the government reported Thursday.
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