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Tuesday, 30 September 2014

No more 'paper or plastic': California becomes first state to ban plastic bags

California becomes first state to ban plastic bags Gov. Jerry Brown on Tuesday signed legislation imposing the nation's first statewide ban on single-use plastic bags, driven to action by a buildup of litter and damage to aquatic ecosystems. A national ...








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Olympic U.S. swimming champion Phelps arrested for drunken driving

Swimming: Arena Grand Prix-Prelims WASHINGTON (Reuters) - Olympic swimming champion Michael Phelps was arrested for drunken driving early on Tuesday after speeding and then crossing the double-lane lines inside the Fort McHenry Tunnel in Baltimore, Maryland Transportation Authority Police said. Phelps was clocked by radar at around 1:40 a.m. traveling 84 mph in a 45 mph zone, police said. The 18-time Olympic gold medalist was booked and released. Police said Phelps was "unable to perform satisfactorily a series of standard field sobriety tests," adding that the Baltimore native was cooperative "throughout the process. ...








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Hong Kong protesters won't stop rallies

Pro-democracy demonstrators let an ambulance go through as the protestors gather for the third night in Hong Kong on September 30, 2014 Numbers swell for a third night before national holiday expected to put campaign for free elections into overdrive.








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How Siri is this? A yoga mat that talks to you

How Siri is this? A yoga mat that talks to you You've always wanted an artificially intelligent yoga mat, haven't you? Here's SmartMat, a yoga mat with a nice Siri-like yoga teacher whispering "downward dogs" to you.>








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Tablet demand slows in wake of larger phones, cheaper notebooks

James Martin Regardless, shipments of larger-screened tablets will rise over the next several years, says market researcher NPD DisplaySearch.>








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Church of Geekery: Reflecting Batman, Avengers in stained glass

Cobwebs will be welcome in this window. Marissa Garner designs window art featuring superheroes, robots and comic book villains. "I would go to this church," fans tell the artist.>








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PayPal in play for Google as leftover EBay invites LBO

http://ift.tt/eA8V8J EBay announced today that it's spinning off the PayPal payment-services business from its online marketplaces to unlock value at a $70 billion company whose valuation has been sagging lately. The move may make either half of the company a target as industry acquirers from Alibaba to Google seek ways to further their dominance of the Internet.



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What I gave up to save $1 million

http://ift.tt/eA8V8J They may have million dollar-plus nest eggs, but they had to make some big sacrifices along the way to get there. Here's what these four savers did without in order to save seven-figures retirement.



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Why the EU is really going after Apple over taxes

http://ift.tt/eA8V8J What exactly is behind the European Union's gripe with Apple over taxes? Tuesday we found out, as E.U. regulators for the first time revealed why they believe the tax deals Ireland granted to Apple constitute illegal state support in their "preliminary view," according to multiple media reports.



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Ina Garten turns to make-ahead meals in new book

This Sept. 15, 2014 photo shows pastitsio in Concord, N.H. (AP Photo/MatthewMead) Ina Garten is a best-selling cookbook author, an Emmy-winning television host and the doyenne of casual elegance. But on a recent afternoon, the so-called "Barefoot Contessa" star looked around her East Hampton, New York, kitchen and realized that she had produced piles of cherry biscotti and tubs of rum-raisin ice cream — but no dinner.








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Man recognized before White House fence jump

Secret Service Director Julia Pierson is questioned by Rep. Trey Gowdy, R-S.C. on Capitol Hill in Washington, Tuesday, Sept. 30, 2014, as she testified before the House Oversight Committee in its examination of a security breach at the White House. The agency that protects the president and his family is under scrutiny after a man climbed over a fence, sprinted across the north lawn and dashed deep into the executive mansion before finally being subdued. (AP Photo/J. Scott Applewhite) Secret Service director says at least two of her officers recalled man from prior incident, but didn't raise an alarm.








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Mitt Romney on 2016: 'We’ll see what happens'

Former Republican presidential candidate Mitt Romney shakes hands with supporters following a political rally for Republican candidate for Colorado Governor Bob Beauprez, at Heritage High School, in the Denver suburb of Littleton, Colo., Monday, Sept. 29, 2014. Romney criticized Colorado Democratic Gov. John Hickenlooper during a rally in which he cheered on GOP candidates for governor and Congress. (AP Photo/Brennan Linsley) After months of insisting he was not interested in running for president again, the 2012 Republican nominee now says he's keeping the door open for another run.








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Murder charge in Oklahoma beheading case

FILE - This March 25, 2013, file photo provided by the Oklahoma Department of Corrections shows Alton Nolen of Moore, Okla. Nolen was charged Tuesday, Sept. 30, 2014, with first-degree murder in the gruesome beheading of a Vaughan Foods worker, authorities said. (AP Photo/Oklahoma Department of Corrections, File) NORMAN, Okla. (AP) — An Oklahoma man who had been suspended from his job was charged Tuesday with first-degree murder in the gruesome beheading of a co-worker, who was attacked from behind as the man sought revenge, a prosecutor said Tuesday.








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Feds charge exec with making app for stalkers, domestic abusers

A man looks at a computer screen at a Samsung showroom in Seoul on July 31, 2014. Samsung Electronics reported a near 20 percent decline in second quarter net profit, blaming increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won. AFP PHOTO / Ed Jones (Photo credit should read ED JONES/AFP/Getty Images) StealthGenie intercepted communications to and from mobile phones and was undetectable by most users. It was targeted at people who suspected their spouses or significant others of cheating on them.>








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Spotify's Top 10 most viral tracks

The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Sept. 22 to Sunday, Sept. 28 via Facebook, Tumblr, Twitter and Spotify.



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Spotify's Top 10 most streamed tracks

The following list represents the most streamed tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Sept. 22 to Sunday Sept. 28 via Facebook, Tumblr, Twitter and Spotify.



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Broadway version of 'The Audience' imports actors

FILE - This undated file image released by Boneau/Bryan-Brown shows Helen Mirren as Queen Elizabeth II in a promotional photo for Peter Morgan’s play "The Audience." Mirren will star in “The Audience” on Broadway. Previews in New York start Feb. 17 and it will run through June at the Gerald Schoenfeld Theatre, directed by two-time Tony Award winner Stephen Daldry. (AP Photo/Boneau/Bryan-Brown, Johan Persson, file) NEW YORK (AP) — Helen Mirren will be seeing some familiar faces when she brings "The Audience" to Broadway.








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4th filmmaker charged in Allman movie train crash

SAVANNAH, Ga. (AP) — A fourth filmmaker has been charged with involuntary manslaughter and criminal trespassing in connection with a February train crash in Georgia that killed a crew member during shooting of a movie about singer Gregg Allman.



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EBay to lose half its revenue by spinning off PayPal

http://ift.tt/eA8V8J Carl Icahn fought and won the battle for eBay to spin off its PayPal payments unit in to a separate publicly traded company.



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Should Yahoo Buy AOL?

http://ift.tt/eA8V8J [at Fox Business] - If Marissa Mayer?s Yahoo were a TV drama instead of an Internet company, its Nielsen ratings would be off the charts.



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Venezuela-Exxon arbitration ruling due this week: sources

A view of the Exxon Mobil refinery in Baytown, Texas HOUSTON (Reuters) - The World Bank arbitration tribunal will give its final ruling this week on a multi-billion dollar claim by Exxon Mobil Corp against Venezuela over a 2007 nationalization, legal sources said on Tuesday. "The final ruling will be delivered to the parties on Thursday, October 2, according to a notification they received last week," one of the sources told Reuters. (Reporting by Marianna Parraga; Writing by Andrew Cawthorne; Editing by Chizu Nomiyama)








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Airbus wins European approval for its new A350 jet

The Airbus A350 XWB flight-test aircraft is seen during a media day event at Guarulhos airport in Sao Paulo By Tim Hepher PARIS (Reuters) - Planemaker Airbus won European safety approval on Tuesday for the A350, clearing the main regulatory hurdle before its newest and most technically advanced jet can start flying passengers. The European Aviation Safety Agency said Airbus, the planemaking unit of Airbus Group, had proved the jet's airworthiness in more than 60,000 hours of certification work including 250 hours spent with safety inspectors in the air. "We dealt with a very mature aircraft," EASA Executive Director Patrick Ky said. ...








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TV airwaves: Moving TV out, mobile in (The Next Big Thing, Episode 10)

TV airwaves: Moving TV out, mobile in (The Next Big Thing, Episode 10) Brian Cooley discusses why wireless carriers are chomping at the bit to take over TV broadcast channels in an historic auction set to happen mid-2015.>








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EU: Apple gets tax advantage from Ireland

EU: Apple gets tax advantage from Ireland The European Commission's competition regulator says something looks fishy in "selective" treatment of Apple by Irish authorities, and he wants answers.>








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AOL to feed more video, news to Microsoft's MSN

NEW YORK (AP) — AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.



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The top 10 books on Apple's iBooks

iBook charts for week ending September 29, 2014:



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Famed violinist plays do-over at DC train station

WASHINGTON (AP) — Acclaimed violinist Joshua Bell will try playing in a train station again, though this time he hopes it's more conducive to making music.



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The top iPhone and iPad apps on App Store

App Store Official Charts for the week ending September 29, 2014:



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U.S. consumer confidence, home prices show weakness

http://ift.tt/eA8V8J "We're continuing to effectively struggle," said Mike Englund, chief economist at Action Economics in Boulder, Colorado. "Some of the optimism that we got in the updraft in consumer confidence in the third quarter was probably a bit overstated." The Conference Board, an industry group, said its index of consumer attitudes fell to 86.0 in September from a upwardly revised 93.4 the month before. Consumer confidence was hurt by concerns over the job market and expectations that economic growth will slow in coming months.



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U.S. consumer confidence, home prices show weakness

File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago By Sam Forgione NEW YORK (Reuters) - U.S. consumer confidence fell in September for the first time in five months and home prices in July rose less than expected from a year earlier, underscoring the unsteady nature of U.S. growth. Another report on Tuesday showed business activity growth in the U.S. Midwest decelerated slightly in September. "We're continuing to effectively struggle," said Mike Englund, chief economist at Action Economics in Boulder, Colorado. "Some of the optimism that we got in the updraft in consumer confidence in the third quarter was probably a bit overstated. ...








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Ukrainians gear up for winter without Russian gas

http://ift.tt/eA8V8J Ukrainians are rushing to insulate their walls, seal up drafty windows and snap up heating equipment as the possibility sets in that they may be about to experience their first winter without Russian gas.



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Wall Street edges lower; investors watch dollar strength

http://ift.tt/eA8V8J The S&P 500 and Nasdaq are both on track for their seventh straight quarterly advance. Tuz cited tobacco giant Philip Morris as the kind of company that could take a hit from the strengthening dollar. Philip Morris shares fell 0.3 percent. The Dow Jones industrial average was falling 25.3 points, or 0.15 percent, to 17,045.92, the S&P 500 was losing 3.99 points, or 0.2 percent, to 1,973.81 and the Nasdaq Composite was dropping 12.96 points, or 0.29 percent, to 4,492.89.



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EBay follows Icahn's advice, plans PayPal spinoff in 2015

http://ift.tt/eA8V8J EBay's shares rose as much as 8 percent after the company said it would spin off PayPal as a publicly traded company in the second half of 2015, a transaction that will be tax-free to shareholders. EBay Chief Executive John Donahoe had previously resisted Icahn's proposal, saying PayPal was integral to eBay's business, and vice versa. Icahn, eBay's sixth-largest shareholder with a 2.48 percent stake as of June 30, backed off from his demand in April.



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Argentina deposits debt payment in defiance of U.S. court

http://ift.tt/eA8V8J Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. The South American country wants to show it can service its debt and that its failure in July to complete a payment to holders of bonds that were restructured after its 2002 default was the result of adverse U.S. It was not clear how many bondholders would receive their coupon payments before the end of the Sept 30 deadline. "By making this deposit, Argentina confirms once again its unshakeable commitment to meet its obligations to bondholders," the ministry said in a statement.



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The top 10 songs and albums on the iTunes Store

iTunes' Official Music Charts for the week ending September 29, 2014:



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[video] Yellow Pages: Making small biz big

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Yellow Pages: Making small biz big

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Argentina deposits debt payment in defiance of U.S. court

Argentina's Economy Minister Kicillof speaks during a news conference in Buenos Aires By Jorge Otaola BUENOS AIRES (Reuters) - Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations. The South American country wants to show it can service its debt and that its failure in July to complete a payment to holders of bonds that were restructured after its 2002 default was the result of adverse U.S. judicial rulings. ...








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eBay: Third Point's Loeb Has 'Significant Position,' Says CNBC; Talked to Donahoe

http://ift.tt/eA8V8J [at Barrons.com] - It seems where Carl Icahn failed, Dan Loeb perhaps succeeded. Following eBay's (EBAY) statement this morning that eBay will split into two companies, the "Marketplaces" business and the Paypal payments business, CNBC's Scott Wapner reports that unnamed sources tell him that activist fund Third Point's Dan Loeb had "taken a significant position" in eBay before the split was announced. "He had had conversations with John Donahoe," eBay's CEO, said Wapner. You'll recall that Carl Icahn earlier this year lobbied the company aggressively for months, hurling accusations at Donahoe of mismanagement, along with the board of directors, on various counts, before ceasing his efforts back in April when eBay agreed to appoint to the board of directors Dave Dorman, formerly of AT&T (T).



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SoftBank, not Mayer, should run Yahoo, investor says

SoftBank, not Mayer, should run Yahoo, investor says Alternative Investment Management & Research pictures a Yahoo-SoftBank merger, with the latter's CEO running the combined company.>








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Gross fallout: Morningstar downgrades Pimco fund

http://ift.tt/eA8V8J Morningstar downgraded Pimco's flagship Total Return fund on uncertainty regarding outflows and management following the departure of Bill Gross.



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Fed's Powell rejects Treasury-Fed cooperation as threat to central bank independence

Federal Reserve Board of Governors member Jerome Powell listens during an open board meeting at the Federal Reserve in Washington By Howard Schneider WASHINGTON (Reuters) - Federal Reserve board member Jerome Powell said on Tuesday he feared any move for the Fed and the U.S. Treasury to cooperate on debt management and other issues would undermine the central bank's independence and should be avoided. Powell was responding to research by a team of Harvard economists concluding that the Treasury's effort to ramp up its sales of longer-term bonds in recent years undercut the Fed's effort to bring down long-term rates through quantitative easing. ...








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With $950M Move buy, News Corp. eyes Zillow's turf

Robert Thomson, right, CEO of News Corp, and Gerard Baker, editor in chief of the Wall Street Journal, at the opening bell of the Nasdaq exchange in July. Since spinning off from 21st Century Fox last year, News Corp. has been on an acquisition spree, snapping up a romance-novel publisher, two online business and now a real-estate listing website.>








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U.S. consumer confidence falls in September

File photo of shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago NEW YORK (Reuters) - U.S. consumer confidence fell in September to its lowest level since May on concerns over the job market and economic growth, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 86.0 from a upwardly revised 93.4 the month before. Economists had expected a reading of 92.5, according to a Reuters poll. August's reading was originally reported as 92.4. The dip in September came after four straight months of improvement. ...








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iOS 8 bug could delete your iCloud Drive documents

iOS 8 bug could delete your iCloud Drive documents Tapping the option to Reset All Settings vaporizes some iCloud Drive files, say a handful of iOS users.>








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Will PayPal work with Apple Pay? eBay CEO is receptive

With the newly announced Apple Pay, iOS users can carry out purchases using the new iPhone and TouchID. "We want PayPal to be a presence however consumers want to pay," eBay CEO John Donahoe says.>








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Review: 'The Glass Cage' is an absorbing read

This book cover image released by W. W. Norton & Company shows "The Glass Cage: Automation and Us," by Nicholas Carr. (AP Photo/W. W. Norton & Company) "The Glass Cage: Automation and Us" (W.W. Norton & Co.), by Nicholas Carr








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Secret Service chief: White House breach unacceptable, 'will never happen again'

U.S. President Obama stands with U.S. Secret Service agent Pierson after she is sworn in as first woman Director of the Secret Service by Vice President Biden in the Oval Office of the White House in Washington By David Lawder WASHINGTON (Reuters) - U.S. Secret Service Director Julia Pierson said on Tuesday the recent White House breach by a man carrying a knife was unacceptable and promised it would not happen again. "I take full responsibility," Pierson said in prepared testimony to a U.S. House of Representatives committee investigating the Sept. 19 intrusion. "What happened is unacceptable and it will never happen again." Pierson told the House Oversight and Government Reform Committee that she ordered extra security measures around the White House immediately after the breach. ...








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Parents charged in death of son found in home

FILE - This undated file photo provided by the Harrisburg Police Jarrod Tutko is shown. Tutko was charged on Monday, Sept. 29, 2014 with homicide in the death of his 9-year-old son, whose decomposing body was found in his Harrisburg home. (AP Photo/Harrisburg Police, File) HARRISBURG, Pa. (AP) — A central Pennsylvania man and woman have been charged with homicide in the death of their 9-year-old son, whose decomposing body was found in their Harrisburg home during the summer.








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At 69, South African satirist keeps laughing

JOHANNESBURG (AP) — A cross-dressing South African satirist who lampooned the leaders of white racist rule decades ago says there is plenty to laugh at 20 years after the end of apartheid.



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Monday, 29 September 2014

Yellen aims to mimic Greenspan on jobs, avoid bubble misfire

http://ift.tt/eA8V8J Janet Yellen looks to be taking one page out of Alan Greenspan's playbook while tearing up another as she plots monetary strategy for 2015 and beyond.



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Starting Monday, Gross Trades Against Gross. Should Be Fun for Pimco

http://ift.tt/eA8V8J Imagine Bill Belichick gets hired away by the New England Patriots' opponents at halftime and returns for the third quarter on the other side of the field with every possible wrinkle in his former team's playbook, and you get a rough sense of what it's going to be like for Pimco when Bill Gross starts trading for Janus Capital a week from today. Janus Capital's bombshell press release on Friday morning stated the so-called bond king would start at the firm today and begin trading a week later. He knows every one of Pimco's positions, not just in the liquid market for Treasuries but in the less liquid markets for, say, Italian or Spanish bonds. "When it comes to bonds," the New York Times reported Friday, "Pimco fund managers own nearly everything: commanding positions in United States Treasuries, government-owned companies in Russia and Brazil and every variety of mortgage security."



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Americans step up spending, but home market weakens

http://ift.tt/eA8V8J Nevertheless, the rise in household spending offered the latest suggestion that years of exceptionally low interest rates have finally pushed the economy into a higher gear. Consumer spending rose 0.5 percent last month after being unchanged in July, the Commerce Department said. On Wall Street, housing shares (.HGX) fell even more than the broader stock indexes, which were down sharply as investors focused attention on civil unrest in Hong Kong. Federal Reserve will raise interest rates next year to keep inflation in check, although Monday's data gave little sign of growing price pressures.



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Deaths linked to GM ignition-switch defect rise to 23

http://ift.tt/eA8V8J The number of deaths linked to a faulty ignition switch in General Motors Co (GM.N) cars rose by two last week to 23, according to a report Monday from the lawyer overseeing a program set up to compensate accident victims. Since Aug. 1, 867 claims for compensation for serious injuries or deaths said to have been caused by the switch had been received by the program, which is being overseen by lawyer Kenneth Feinberg. As of Friday, 23 death claims had been deemed eligible, as well as 16 claims for serious physical injuries, according to updated statistics provided by Feinberg’s office. In the initial update after the program's launch, Feinberg’s office reported approving 19 death claims, more than the 13 deaths the U.S.



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Alibaba options active in U.S. trading debut

Traders work on the floor of the NYSE as they wait for a final price on the Alibaba Group Holding Ltd. IPO, in New York NEW YORK (Reuters) - Chinese e-commerce heavyweight Alibaba Group Holding Ltd's options contracts were active in their first day of trading on U.S. exchanges on Monday, with bullish and bearish bets about even in the early going. Options volume for Alibaba was 45,000 contracts, with 24,000 calls and 21,000 puts traded so far, according to data from options analytics firm Trade Alert. A relatively equal number of calls and puts implies equal numbers of bets on the Alibaba stock climbing or falling from current levels. ...








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Tag Heuer cuts management, production jobs: LVMH watch head

The Tag Heuer logo is seen at the entrance of their new watch manufactory in Chevenez PARIS (Reuters) - Tag Heuer, the biggest watch brand in French luxury group LVMH , has cut some management and production jobs in Switzerland in response to the industry slowdown, the head of LVMH watches said on Monday. Jean-Claude Biver said Tag Heuer had cut 46 managerial and production positions, and placed 49 people on temporary unemployment from Sept. 1 until the end of the year. ...








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RBS to invest $1.6 billion on services to corporate clients

People walk past a branch of The Royal Bank of Scotland in central London LONDON (Reuters) - State-backed Royal Bank of Scotland said on Monday it would invest more than 1 billion pounds ($1.6 billion) to improve services for its commercial and corporate customers. The bank is keen to improve its image among small business customers after accusations about how its turnaround division dealt with struggling firms and the mis-selling of interest rate hedging products. ...








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Sony pumps up flagship phone, PS4 remote play before NYC event

Sony pumps up flagship phone, PS4 remote play before NYC event Ahead of its October 9 "Great Demand" event, the company releases nine videos that focus on products such as its Xperia Z3 flagship phone and its Smartband Talk wearable fitness tracker.>








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Lenovo to close purchase of IBM's x86 server business on Oct. 1

Lenovo The $2.1 billion deal ups Lenovo's enterprise offerings, as it takes the No. 3 spot in the x86 server market behind HP and Dell.>








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This Lego Doom build will haunt your nightmares

The full Lego Doom build features four scenes inspired by the classic shooter. Lego artist Iain Heath built an incredible 6-foot-long Lego model of scenes from the 1993 classic video game Doom.>








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Amazon flagship show 'Alpha House' returns for a binge Oct. 24

John Goodman in "Alpha House." Prime Instant Video shifts its release strategy for the second season of the John Goodman political comedy by switching to the all-at-once tack of rival Netflix.>








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Google tries boosting Greek tourism -- and maybe itself, too

Google Maps shows plenty of hotels in Crete along the Mediterranean coastline -- and ads for tourists who might want to book a room. The search titan is touting a program to help Greek companies expand the country's tourism economy. Could be it'll also improve Google's image in Europe.>








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BMW's driverless cars cruising to China

SONY DSC The company has been testing its "highly automated" vehicles in Europe but now wants to challenge its tech in China where multi-level highways reign supreme.>








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iPhone 6 could launch in China on Oct. 10 -- report

CNET Alleged internal memo to Apple employees in China suggests prototype phones will hit shelves on October 7, leading to a launch a few days later.>








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Prices drop for iPhone 6 devices smuggled into China -- report

Prices drop for iPhone 6 devices smuggled into China -- report Device prices have sunk by up to $1,000 now that the initial hype surrounding the new iPhones has worn off.>








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Can Yahoo grow its core business post-Alibaba?

http://ift.tt/eA8V8J [at MarketWatch] - Now that the Alibaba IPO is over, Yahoo and CEO Marissa Mayer need to find new ways to grow core revenue.



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[video] Yahoo's Marissa Mayer to Review Starboard's Proposed AOL Bid

http://ift.tt/eA8V8J [at TheStreet] - The pressure is on Yahoo CEO Marissa Mayer to explore a tie-up with AOL.



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Yahoo-AOL: No guarantee of success

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Jim Cramer Answers Twitter (TWTR) Questions on Yahoo! (YHOO), Bank of America (BAC), CVS (CVS)

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Yahoo! Back in the News Because of Activist Investor : What Wall Street's Saying

http://ift.tt/eA8V8J [at TheStreet] - Activist investor Starboard Value Partners announced it had taken a "significant ownership stake" in Yahoo! on Friday and suggested ways for it to boost shareholder value. Here's what analysts ...



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[video] Cramer Answers Twitter Questions on Yahoo!, Ciena, Bank of America

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[video] Mr. Wonderful's BABA options strategy

http://ift.tt/eA8V8J [at CNBC] - Listed options on Alibaba shares are set to begin trading today. Investor Kevin O'Leary of "Shark Tank," discusses the surprising level of institutional buying on Alibaba and how it's "sucking ...



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Mr. Wonderful's BABA options strategy

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Yahoo!: Needham Ups to Buy on Urgency for Change, Starboard Entry

http://ift.tt/eA8V8J [at Barrons.com] - Shares of Yahoo! (YHOO) are up 14 cents, or 0.3%, at $40.80, following an upgrade to Buy from Hold by Laura Martin of Needham & Co., who assigns a $48 price target, writing that the bears have probably been flushed out of the stock after selling on the Alibaba Group Holding (BABA) IPO in the last week, and that the entrance on Friday of activist shop Starboard Value LP may "aid capital allocation of the cash on Yahoo!'s books" and "add urgency to Yahoo!'s turnaround." With CEO Marissa Mayer on the job for two years, there's urgency to see progress on the core business, she writes: Yahoo!'s core business missed its operating numbers for 2Q14 and YHOO lowered guidance for 3Q14. We think Starboard's presence will help close this gap.



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UPDATE: Needham Upgrades Yahoo! Inc., Cites 'New Urgency For Turn-Around'

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Yahoo-AOL: Unfortunately, this isn't 1999

http://ift.tt/eA8V8J [at CNBC] - There was a time when a Yahoo-AOL deal would have created a Web giant poised to gain so much control that regulators would reject it. Not anymore.



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[video] The Top Ten Stocks for Monday, September 29

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Turkey sends tanks to Syria's border

Turkish army tanks take position near the Syrian border The country's parliament is set to consider whether to authorize military action against Islamic State militants.








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'Sleepy Hollow' hopes to engage fans in season 2

FILE - In this July 20, 2014 file photo, actress Nicole Beharie poses for a portrait during press day for "Sleepy Hollow" in Beverly Hills, Calif. The mythical drama airs Monday nights at 9 p.m. on Fox. (Photo by Casey Curry/Invision/AP) NEW YORK (AP) — "Sleepy Hollow" was renewed after just three episodes last year, and star Tom Mison, who plays Ichabod Crane, calls the new season "the tricky second album."








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Grisly Canada murder, dismemberment trial starts

Luka Rocco Magnotta on June 5, 2012 Montreal (AFP) - The trial of a former Canadian porn actor accused of killing and dismembering a Chinese engineering student started Monday with prosecutors saying this was not the act of a lunatic.








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Royksopp bids adieu to albums with dark final work

Svein Berge of Norwegian electronic music duo Royksopp performs at the Slottsfjell festival in Tonsberg in 2011 New York (AFP) - Norwegian electronic artists Royksopp said Monday that they would stop making albums with the release of a final, darker work.








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Cruise ship passenger dies in fall from mast in Miami

Jim Cramer Says There's A Lot to Like About Carnival Cruise MIAMI (AP) — A 20-year-old man has died after falling from a mast on a Carnival Cruise Lines ship docked at Miami's port.








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A Closer Look: Stream-box gaming is a mixed bag

This Monday, Sept. 29, 2014 photo shows the Amazon Fire TV, a product for streaming popular video services, apps and games in high-definition, in Decatur, Ga. Several popular game titles, including "Minecraft-Pocket Edition," are available for Fire TV, which runs on an operating system based on Google's Android OS. (AP Photo/Ron Harris) As gaming consoles such as the Xbox and the PlayStation diversify into video, social media and other non-gaming apps, it seems only fair that streaming TV devices start nudging into gaming territory. Amazon's ...








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Supreme Court meets to consider taking gay marriage cases

A gay couple holds hands during a rally in support of the United States Supreme Court decision on marriage rights in San Diego By Lawrence Hurley WASHINGTON (Reuters) - The nine justices of the U.S. Supreme Court met behind closed doors on Monday to consider whether they should take up the hotly contested question of whether states can ban gay marriage. The court has seven cases pending before it concerning bans in five states: Virginia, Utah, Oklahoma, Wisconsin and Indiana. If the court agrees to take one or more of the cases it has the chance to rule when, if ever, gay men and women in the 31 states that now bar them from marrying could get marriage licenses. ...








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Author delivers 'Star Wars' tour de force

This book cover image released by Basic Books shows "How Star Wars Conquered the Universe: The Past, Present, and Future of a Multibillion Dollar Franchise," by Chris Taylor. (AP Photo/Basic Books) "How Star Wars Conquered the Universe: The Past, Present, and Future of a Multibillion Dollar Franchise" (Basic Books), by Chris Taylor








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New York City Fire captain accused of Los Angeles child sex crime

NEW YORK (Reuters) - A captain with the Fire Department of New York has been charged with sex crimes against children and is awaiting extradition to California, authorities said on Monday. Wilbert Riera is accused in incidents in Los Angeles on Sept. 12 that involved two juveniles, said Officer Liliana Preciado of the Los Angeles Police Department. He has been arrested on charges of sex crimes against children and is awaiting extradition to California, she said. ...



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Despite Ukraine cease-fire, fighting rages on in Donetsk (graphic)

Despite Ukraine cease-fire, fighting rages on in Donetsk (graphic) Flighting resumed in Donetsk on September 25 , despite a three-week old ceasefire agreement between Ukraine’s government and pro-Russia separatists. This video, filmed by Radio Free Europe/Radio Liberty’s correspondent Levko Stek on September 25-26, shows Ukraine’s 11th Territorial Defense Battalion clashing with separatists at a checkpoint in Nikishino, in the Donetsk region. Credit: Radio Free Europe/Radio Liberty








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Israel says Palestinian leader's UN address a message of 'hatred'

Palestinian president Mahmud Abbas addresses the 69th Session of the UN General Assembly on September 26, 2014 in New York UNITED NATIONS (AP) — Israel's foreign minister said Monday it's clear that Palestinian leader Mahmoud Abbas has no intention of making peace with Israel, calling his speech to world leaders last week "a message of hatred and incitement."








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Regulators want nationwide air traffic security review

the U.S. Department of Transportation FAA in Aurora FAA says it will review how it deals with unexpected incidents after last week's fire grounded Chicago airport.








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Mary Louise-Parker writing memoir

NEW YORK (AP) — Mary Louise Parker, the award-winning star of "Weeds," is writing a book about the "'significant men in her life."



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Review: Prince seeks relevance in double release

In this 2014 photo released by NPG Records, Prince performs at The Roundhouse in London. On Tuesday, Sept. 30, 2014, Prince will release his first album in four years, “Art Official Age,” along with music from his latest protege act, 3RDEYEGIRL, “PLECTRUMELECTRUM.” (AP Photo/NPG Records) Prince, "Art Official Age" (Warner Bros.)








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