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The 100 wealthiest people on the planet shed $21.3 billion from their collective net worth as the Standard & Poor’s 500 Index posted its first weekly decline so far this year.
By MarketWatch
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2/23/13
2/22/13
How big will the Apple freak-out be?
Commentary: Rare legal loss sends signal to Cupertino
By John Shinal
SAN FRANCISCO (MarketWatch) — I’m guessing the executive team and other top managers at Apple are freaking out a little bit right now, after a preliminary court victory by hedge-fund manager and dissident shareholder David Einhorn late Friday.
Eurozone economy to shrink again in 2013
By Mark Thompson
The region's economy will shrink by 0.3%, official forecasts show
LONDON (CNNMoney)
The ailing eurozone economy will shrink further in 2013, making it harder still for governments to reduce borrowing and promising more misery for millions of unemployed.
Moody's strips Britain of triple-A rating in major blow to Osborne
By David Milliken and Daniel Bases
LONDON/NEW YORK (Reuters) - Britain suffered its first ever sovereign ratings downgrade from a major agency on Friday when Moody's stripped the country of its coveted top-notch triple-A rating, dealing a major blow to finance minister George Osborne.
2/21/13
The 5 biggest lies on Wall Street
Reuters
The Dow popped back above 14,000 this week. The market’s been booming all year. Small cap stocks just hit a new all-time high, and Mom and Pop have been jumping back into the market.
Softbank to Raise $4 Billion in Bonds to Pay for Sprint Purchase
By Yusuke Miyazawa
Softbank Corp. (9984), the Japanese wireless carrier that agreed to buy a $20 billion stake inSprint Nextel Corp. (S), wants to raise 370 billion yen ($4 billion) in bonds to help finance the acquisition.
