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Most Talked About Business Insider Stories

EXCLUSIVE: Ross Levinsohn's Plan To Turn Around Yahoo

businessinsider.com — It's been a week or so since Yahoo booted its CEO Scott Thompson for lying on his resume, and replaced him with Ross Levinsohn. Levinsohn's title is "interim" CEO, but the impression we get is that it is his job to lose. So, what's his plan?
Jay Yarow Editor, Business Insider @jyarow
Ahem, @linkedintoday, you heard the boss! RT @jeffweiner: One of the best articles on Yahoo's strategy I've read... http://t.co/Blkg2ocd
Henry Blodget Editor-in-Chief, Business Insider @hblodget
RT @jeffweiner: One of best articles on Yahoo's strategy I've read in a long time via @nichcarlson http://t.co/N9paRnpZ
Matt Rosoff West Coast Editor @MattRosoff
Good plan, but mobile a huge challenge. RT @SAI: EXCLUSIVE: Ross Levinsohn's Plan To Turn Around Yahoo by @nichcarlson http://t.co/6yrpKcg8
Nicholas Carlson Deputy Editor, Business Insider @nichcarlson
EXCLUSIVE: Ross Levinsohn's Plan To Turn Around Yahoo $YHOO http://t.co/JfPHtNx1

Facebook IPO Disclosure Scandal

businessinsider.com — Yesterday, I described how Morgan Stanley was holding firm-wide conference calls to explain the Facebook disclosure scandal to its angry financial advisors and clients...and how, on at least one of those calls, my name had come up repeatedly.
Gerry Shih Technology Reporter, Reuters @gerryshih
.@hblodget bathing himself in a clawfoot bathtub filled with his own haterade http://t.co/grbY22Mf cc. @MikeIsaac
Eliot Caroom Energy Reporter, New Jersey Star-Ledger @eliotter
Why FB IPO hoodwinked small investors + a reminder why Henry Blodget is HB http://t.co/noGs2ptF via @libbybrittain
Eric Rosser Eldon Editor, TechCrunch @eldon
RT @hblodget: New Details On How Morgan Stanley Is Blaming The Facebook IPO Scandal On Me! http://t.co/UGQquiCl
Nicholas Carlson Deputy Editor, Business Insider @nichcarlson
Amazing that asymmetrical information-sharing could ever have been considered the fair approach. http://t.co/EjbNfOon
Henry Blodget Editor-in-Chief, Business Insider @hblodget
New Details On How Morgan Stanley Is Blaming The Facebook IPO Scandal On Me! http://t.co/UGQquiCl

The Japanese Government Just Hired This Cutesy Girl Band To Advertise Government Bonds

businessinsider.com — You gotta give Japan some credit for being innovative on this one. The country's Ministry of Finance has brought on girl pop group AKB48 as part of a promotion campaign to sell "reconstruction bonds," which are being used to finance rebuilding in the areas of Japan hit hardest by the earthquake and tsunami in March of last year, the Wall Street Journal reported.
Joe Weisenthal Editor, Business Insider @TheStalwart
Actually this new endeavor to sell bonds by Japan is pretty cool. http://t.co/W9J1ppLY
Mamta Badkar Reporter, Business Insider @mamtabadkar
Go Home! RT @lisadont: Not everyday that I get to write about finance AND Japanese pop culture (my 2 FAV things) http://t.co/BovsGk3f

John Edwards Has Been Flirting With A Female Juror At His Trial

businessinsider.com — ABC News is reporting that John Edwards has been repeatedly flirting with a female juror during his trial, a distraction that "has become so obvious that even Edwards' attorneys have to work to suppress their laughter at the absurdity of it all." The juror (who is an alternate) is a young woman with jet-black hair.
Ray Wert Executive Director of Content, Gawker @raywert
RT @hblodget: At this point, why not... John Edwards Has Been Flirting With A Female Juror At His Trial http://t.co/5QBVaAHd
Henry Blodget Editor-in-Chief, Business Insider @hblodget
At this point, why not... RT @businessinsider: John Edwards Has Been Flirting With A Female Juror At His Trial http://t.co/ns9qfSZa

Citi's 'Panic-Euphoria Model' Screams BUY, And There's A 96% Chance Of A Rally In 12 Months

businessinsider.com — Citigroup's proprietary Panic-Euphoria model is closely watched, especially after it successfully predicted a 98 percent chance of a double-digit return in stocks last October. Tobias Levkovich, Citi's top U.S. equity strategist was on Bloomberg TV saying the hard-selling is almost over.
Joe Weisenthal Editor, Business Insider @TheStalwart
If you round up, there's a 100% chance of a stock market rally. http://t.co/RPjmKAFP
Mamta Badkar Reporter, Business Insider @mamtabadkar
Citi's 'Panic-Euphoria Model' Screams BUY, And There's A 96% Chance Stocks Are Higher In 12 Months http://t.co/dY6PzWXu

You'll Enjoy This Tidbit About How Morgan Stanley Decided Which Clients To Give Facebook Stock To...

businessinsider.com — Everyone's getting pretty sick of the whole Facebook IPO thing (ourselves included), but here's one more tidbit for you before the holiday weekend... As you know, there was tremendous demand for Facebook stock prior to Facebook's IPO (and prior to small investors learning what big investors already knew , which was that Facebook had reduced its outlook for the second quarter).
Joe Weisenthal Editor, Business Insider @TheStalwart
How Morgan Stanley decided which clients to "reward" with Facebook stock. http://t.co/8T1iQAFc
Henry Blodget Editor-in-Chief, Business Insider @hblodget
You'll Enjoy This Tidbit About How Morgan Stanley Decided Which Clients To Give Facebook Stock To... http://t.co/OzRLdeTd

Fight At The Chicago Mercantile Exchange

businessinsider.com — Yes! A source on the floor sent us this photograph of a fight that broke out in the corn pits of the Chicago Board Of Trade earlier this week. Apparently it was a fight over an order. One trader thought that the other trader stole one of the others' orders.
Heidi N. Moore Freelance Journalist @moorehn
RT @georgelstein: AWESOME PHOTO: The Fight That Broke Out At The Chicago Mercantile Exchange http://t.co/zHnTEcA0

4 Ways Leading Companies Attract Top Tech Talent

businessinsider.com — The labor market is dominated by two conflicting stories. First, how will we get 12 million people back to work? The second (and least understood) concerns the battle many companies are waging to recruit tech talent. More than a third of IT employers have open positions they currently can't fill, according to a recent CareerBuilder/ Sologig.com study.
Jahna Berry Business Reporter, Arizona Republic @jahnaberry
4 ways to bring tech talent to your company RT @CareerBuilderPR http://t.co/0pmNlubn @businessinsider #jobmarket #jobs #workplace

If Apple Isn't Careful, It Could Blow A Big Opportunity In The Enterprise

businessinsider.com — still really hasn't figured out how to make it big in the enterprise-even though it's having a lot of accidental luck there as employees bring in their own iPhones, iPads and Macs. But it doesn't care. It's banking that the Bring Your Own Device trend will continue and that it won't need to cater to IT departments.
Julie Bort Community Editor, Network World @Julie188
This Is Why Your Company Won't Ditch Microsoft For Apple (APPL) http://t.co/KS3xCdJj

By The Way, The Facebook IPO Screwup Could Be Curtains For NASDAQ

businessinsider.com — It's hard to overstate how big a disaster the Facebook IPO has been for NASDAQ, one of the United States' two big stock exchanges. People often forget that the NASDAQ and New York Stock Exchange (NYSE) are private companies, just like the companies that list on them.
Geoffrey Rogow Australian Economics, Fixed Income and Currencies Reporter, Wall Street Journal @GRogow
Exchanges today are data companies. Period. And with listing, there's more of $ from data. MT @felixsalmon @hblodget? http://t.co/OiLbv34E
Felix Salmon Finance Blogger, Reuters @felixsalmon
How important are listings to Nasdaq, @hblodget? Don't they have a perfectly good business just as an exchange? http://t.co/hXhnMGir

Here's A Look At The Rupee's Spectacular Decline In The Last Year

businessinsider.com — The Indian rupee has had a dismal run, and its weakness is hurting Indian consumers and an economy that has already been in decline. Earlier this week the dollar was at INR55, a record low. The rupee deteriorated even further to INR56.37 before finally making some gains.
Mamta Badkar Reporter, Business Insider @mamtabadkar
Here's A Look At The Rupee's Spectacular Decline In The Last Year http://t.co/2HZsjENN

Phablets? We're Skeptical - Business Insider

businessinsider.com — This post is from Business Insider Intelligence, a new research and analysis service that's currently in beta testing. Check out our free trial offer here. Yesterday, ABI Research released a report about smartphone-tablet hybrids -- which the firm calls "phablets" -- predicting that 239 million of them would ship by 2016.
Matt Rosoff West Coast Editor @MattRosoff
We're Skeptical That Smartphone-Tablet Hybrids Will Take Off http://t.co/xsGXJoY7

By The Way, The Facebook IPO Screwup Could Be Curtains For NASDAQ

businessinsider.com — It's hard to overstate how big a disaster the Facebook IPO has been for NASDAQ, one of the United States' two big stock exchanges. People often forget that the NASDAQ and New York Stock Exchange (NYSE) are private companies, just like the companies that list on them.
Graham Bowley Business Reporter, New York Times @Graham_Bowley
RT @hblodget: By The Way, The Facebook IPO Screwup Could Be Curtains For NASDAQ http://t.co/D8hOzzDW
Henry Blodget Editor-in-Chief, Business Insider @hblodget
By The Way, The Facebook IPO Screwup Could Be Curtains For NASDAQ http://t.co/D8hOzzDW

Oracle Exec Slams Sun Hardware, Saying 'We Bought A Dog'

businessinsider.com — It's Hewlett-Packard's turn to show off a bunch of juicy emails. They show executives badmouthing Sun hardware. HP and Oracle are like the enterprise technology world's Hatfields and McCoys. They've been suing each other over Oracle's decision to stop making software for HP's expensive Itanium servers.
Julie Bort Community Editor, Network World @Julie188
Oracle Exec Slams Sun Hardware, Saying 'We Bought A Dog' (ORCL, HPQ) http://t.co/Eiro2iGU

Groupon's Take Increases - Business Insider

businessinsider.com — Business Insider Intelligence is a new research and analysis service for real-time insight and intelligence about the Internet industry. The product is currently in beta. For more information, and to sign up for a free 30-day trial, click here. Groupon reported surprisingly good financial results last week and it looks it is keeping more money from every deal, according to Yipit.
Ann Dwyer Assistant Managing Editor, Crain's Chicago Business @AnnDwyer_Crains
Groupon's Take Increases — And What It Means For Daily Deals http://t.co/MZEymQvu via @businessinsider

Closing Bell 25 - Business Insider

businessinsider.com — Another quiet day. First the scoreboard: Dow: 12,454, -74.9, -0.6% S&amp;P 500: 1,317, -2 .8, -0.2% NASDAQ: 2,837, -1.8 , -0.0% And now the top stories: There was very little economic data worth reporting and not a whole lot of action in the stock markets.
Joe Weisenthal Editor, Business Insider @TheStalwart
STOCKS FALL FOR NO OBVIOUS REASON: Here's What You Need To Know http://t.co/Dr6sQQ9Z

GOLDMAN SACHS: The S&P Will End 2012 -4.2% Lower Than Today

businessinsider.com — David Kostin, chief U.S. equity strategist at Goldman Sachs has bucked the bullish trend in the first few months of the year after having been bullish for a long time. Kostin vocally called for S&amp;P 1,250 despite the persistent rally in the first 4 month of the year ( see here ).
Steven Russolillo Lead Author, Marketbeat Blog, Wall Street Journal @srussolillo
RT @SimoneFoxman: RT @themoneygame: GOLDMAN SACHS: The S&P Will End 2012 -4.2% Lower Than Today http://t.co/sx3izEQO
John Carney Senior Editor, CNBC @carney
RT @themoneygame: GOLDMAN SACHS: The S&P Will End 2012 -4.2% Lower Than Today http://t.co/p4uffkMn

Congressmen Want To Force The Army To Buy 33 Battle Tanks It Says It Doesn't Even Need

businessinsider.com — It's not a story you hear every day. The Army would rather turn down $91 million dollars worth of battle tanks from Congress. But that's the case. The Senate Armed Service Committee (SASC) has just approved its $631.4 billion version of a bill to authorize the new defense budget.
Adam Weinstein Blogger, Mother Jones @AdamWeinstein
RT @JohnsonRW: Congress Is Forcing The Army To Buy 33 Battle Tanks It Doesn't Even Want http://t.co/sQoThSio via @BI_Military

Silvio Berlusconi Apparently Had This Woman Dress As Obama At One Of His Notorious 'Bunga Bunga' Parties

businessinsider.com — In the latest bizarre twist in Silvio Berlusconi's epic "bunga bunga" drama, a young female guest at the parties has revealed that she dressed as Barack Obama at one party hosted by the former Italian premier, Reuters reports.
Kevin W. Glass Assistant Managing Editor, Washington Examiner @KevinWGlass
Sure, Marion Barry is embarrassing, but at least we don't have Silvio Berlusconi. http://t.co/UG5Y0Iix

Analysts Are Completely At Odds Over 'Eurobonds'

businessinsider.com — Eurobonds have come to the forefront of debate over the European sovereign debt crisis today, as investor concerns build about the prospect of a Greek exit from the euro and the outflow of investor cash.
Joe Weisenthal Editor, Business Insider @TheStalwart
.@simonefoxman on the lack of consensus over Eurobonds http://t.co/MlJYKIOe

FBI Domestic Spying Technology

businessinsider.com — The FBI has formed a secretive surveillance unit tasked with inventing technologies that will better enable police to eavesdrop on the Internet and wireless communications of American citizens, reports Declan McCullagh of CNET. The Domestic Communications Assistance Center (DCAC) - an elite unit staffed with agents from the U.S.
Audrea Huff Digital Journalist, Orlando Sentinel @audreahuff
TRUST NO ONE MT @JohnsonRW: New FBI Unit's Mission Is To Spy On Americans Cell Phone & Internet Use http://t.co/Gsa65o3p via @BI_Military

Eye-Tracking Heatmaps - Business Insider

businessinsider.com — They say the eyes tell all. Now thanks to eye-tracking technology we can tell they're saying, and the results point to fascinating differences between men and women and useful insights into advertising and design. We've picked out some of our favorite. Men spend more time looking at the woman, while women read the rest of the ad.
Shauna Rempel Editor, Toronto Star @ShaunaRempel
On this hot, hot day: 20 heatmaps that show where pple look: http://t.co/ViHK72wQ

The Brilliant Career Advice Google CEO Eric Schmidt Gave Sheryl Sandberg

businessinsider.com — Facebook COO Sheryl Sandberg gave the graduating class of the Harvard Business School a speech on their Class Day, which is the part of the run up to commencement. We have the full speech, along with a video here. But we want to highlight one of the best things in the speech.
Jay Yarow Editor, Business Insider @jyarow
The brilliant career advice Eric Schmidt gave Sheryl Sandberg: "don't be an idiot" http://t.co/U8RHexNP

Fight At The Chicago Mercantile Exchange

businessinsider.com — Yes! A source on the floor sent us this photograph of a fight that broke out in the corn pits of the Chicago Mercantile Exchange earlier this week. Apparently it was a fight over an order. One trader thought that the other trader stole one of the others' orders.
Joe Weisenthal Editor, Business Insider @TheStalwart
Apparently this gets you a $10,000 fine, and also a couple of weeks mandatory "vacation" http://t.co/y9hL3A5u
Joe Weisenthal Editor, Business Insider @TheStalwart
Capitalism at its best. http://t.co/y9hL3A5u

SocGen: The Fed Is Underestimating The Impact Of The Fiscal Cliff

businessinsider.com — The fiscal cliff is fast approaching and if Congress fails to act, more than $600 billion in tax and spending provisions are set to change at the end of the year. The Congressional Budget Office (CBO) recently revised its projections and now sees 2013 growth of 0.5 percent in the presence of the fiscal cliff.
Mamta Badkar Reporter, Business Insider @mamtabadkar
SocGen: The Federal Reserve Is Underestimating The Impact Of The Fiscal Cliff http://t.co/6NrKXfd8

Google Snaps Up Some Of HP Most Talented Mobile Engineers

businessinsider.com — In yet another warning of just how much HP doesn't have a clue about mobile, most of the team responsible for HP's Enyo project are moving on -- to Google, the Verge reports. This includes the project's leader, Matthew McNulty, says The Verge. Enyo was one of the open source projects that emerged from the webOS fiasco.
Julie Bort Community Editor, Network World @Julie188
Google Poaches HP's Most Talented Mobile Engineers (HPQ, GOOG) http://t.co/KLkMBpnC

Facebook Is Looking At Another Big Acquisition: It Might Buy Web Browser Opera

businessinsider.com — Facebook is in talks to buy Opera , the company behind the Opera web browser, PocketLint reports . Opera has both a mobile web browsing app and a desktop browser, and it's an alternative to Internet Explorer , Mozilla's Firefox browser, Google's Chrome browser and the Apple Safari browser.
Matt Rosoff West Coast Editor @MattRosoff
Smart move, if true. MT @SAI: Facebook Might Buy Web Browser Opera $FB by @mattlynley http://t.co/PooBeVhL

Ken Rogoff: There's A Much Bigger Cliff Down The Road

businessinsider.com — Investors are anxious about the upcoming "fiscal cliff" the at U.S. faces at the end of this year. Bush era tax cuts expire and automatic spending cuts kick in. All of this could push the U.S. economy into a recession in first half of 2013. So, some argue that the U.S.
Mamta Badkar Reporter, Business Insider @mamtabadkar
ROGOFF: Everyone's Freaking Out About The Wrong Fiscal Cliff http://t.co/48Lgd6k7

Zervos On California And Greece

businessinsider.com — Comparing California to Greece is not a totally new thing. We've done it ourselves in the past . But Jefferies' David Zervos has taken it to a new level in his latest epic note, which tries to explain what would happen to California if the US had the same fiscal/monetary structure as Europe, meaning that there was no federalization of spending at all.
Joe Weisenthal Editor, Business Insider @TheStalwart
A bulleted version of David Zervos' epic California-as-Greece note. http://t.co/r6BorcvT

Now We Know The Clever Spin Morgan Stanley Is Using To Mute Outrage About The Facebook IPO...

businessinsider.com — As I reported yesterday, Morgan Stanley held a firm-wide conference call last night to address its clients' frustration about the Facebook IPO. I now know exactly what was said on that call.
Henry Blodget Editor-in-Chief, Business Insider @hblodget
Now We Know The Clever Spin Morgan Stanley Is Using To Mute Outrage About The Facebook IPO... http://t.co/ME1IoyHc

Morgan Stanley Conference Call Facebook Disclosure

businessinsider.com — A source close to Morgan Stanley tells me the firm is holding a firm-wide conference call at 4PM New York time today to discuss the firm's role in the burgeoning Facebook IPO scandal. Another source close to the firm reports that Morgan Stanley has already held at least one such call...
Neil Hume Australia and Pacific Correspondent, Financial Times @humenm
Morgan Stanley Conference Call Facebook Disclosure - Business Insider - http://t.co/sIhlhQyi
Henry Blodget Editor-in-Chief, Business Insider @hblodget
RT @KimBenabib: @hblodget On Morgan Stanley call now. They're moving you from "strong-buy" to "accumulate." http://t.co/PnW0QrMt
Jay Yarow Editor, Business Insider @jyarow
Morgan Stanley blames Henry Blodget for its bungled Facebook IPO. http://t.co/MskYQDCP
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @hblodget: Morgan Stanley Is Holding A Firm-Wide Conference Call To Blame The Facebook Scandal On... Me (!?) http://t.co/zhcuxde6
Niraj Chokshi Online Editor, National Journal @nirajc
A humble brag in the form of a story by Henry Blodget. http://t.co/7BmXDpFB
Show 2 more tweets from Joe Weisenthal, Henry Blodget

PORN STARS: Bill Clinton ASKED To Take A Picture With Us

businessinsider.com — Brooklyn Lee and Tasha Reign, the porn stars who posed for a picture with Bill Clinton at a gala in Monaco last night, claim that the former president personally requested the now infamous photo.
Jay Yarow Editor, Business Insider @jyarow
Porn Stars: "We're huge, like psycho fans of Bill Clinton — we just think he's really cute" http://t.co/e4NQK92T

Eric Simons built his startup squatting at AOL's campus

businessinsider.com — Eric Simons, a 19-year-old entrepreneur from Chicago, secretly squatted at AOL's Palo Alto campus for two months, reports CNET . Simons was part of an incubator program hosted by AOL called K12 . After the program ended, Simons discovered the badges still worked. So he settled down at AOL to build his startup.
Joanna Geary Communities Editor, Times of London @GuardianJoanna
This 19-Year-Old Squatted In AOL's Office For Two Months Without Anyone Catching On http://t.co/b9ox2kAg /via @petermacrobert

Gene Munster: Apple Could Announce New TV This December

businessinsider.com — could announce its long-awaited television as soon as this December and start shipping in 2013, according to a new research note from analyst . By announcing a new television in December, Munster believes Apple would essentially "freeze the market" for consumers shopping for new TVs around the holidays.
Tim Carmody Senior Features Writer, The Verge @tcarmody
Guys, you'll never believe this: Gene Munster thinks Apple "could announce new TV this December": http://t.co/UAQDNkmF #GroundhogDay

BofA: A Global Wine Shortage Is Imminent

businessinsider.com — Bad news for wine drinkers from BofA Merrill Lynch's "Spirits, Wines, and Ciders" coverage group: supplies around the world are tightening, which means prices are going up.
John Shmuel Reporter, Financial Post, National Post @jshmuel
Global wine shortage means prices for a bottle are about to get more expensive: http://t.co/E6DTlmhr

A Preview Of The Super-Bowl Of Economic Data

businessinsider.com — Today is slow, and we're about to embark on a 3-day weekend. And we highly recommend that you get some rest. That's because at the end of next week we are going to have what can appropriately be called The Super Bowl of economic data.
Joe Weisenthal Editor, Business Insider @TheStalwart
Folks, you have no idea about how crazy next Thursday/Friday will be. I could not be more pumped. http://t.co/MQt6wKE7

BAML: Here Are The Ten US Stocks Best Exposed to Ascendant Emerging Markets Consumers

businessinsider.com — Bank of America Merrill Lynch's global equity strategy team think the best way to play growth in emerging markets is to invest in developed market stocks with high percentages of international sales. Emerging markets (EM) consumers have higher rates of savings growth and consumption growth than their developed markets (DM) counterparts, making the EM consumer a compelling investment thesis.
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @businessinsider: 10 Stocks To Make A Fortune On The Emerging Market Consumer http://t.co/r4pofNIU

Europe Update Vid - Business Insider

businessinsider.com — Europe seems to be calling the shots in markets right now, but it's easy to miss the major events amid the flurry of headlines coming out of the euro area. Watch our brief update below as we boil the crisis down to three major stories you need to be following right now.
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @businessinsider: THE EUROPEAN DISASTER: Here's What's Happening Right Now by @SimoneFoxman http://t.co/hJnssHhf

Congratulations, Elon Musk! - Business Insider

businessinsider.com — This morning, Elon Musk's other startup, SpaceX made history. At 9:56 A.M. eastern time, the International Space Station successfully captured a SpaceX Dragon supply capsule. In an era where the smartest, most celebrated entrepreneurs are working on photo sharing applications, or social networks, it is inspiring to see Musk tackling much bigger, truly world changing industries.
Jay Yarow Editor, Business Insider @jyarow
Elon Musk is the most inspiring entrepreneur in the world http://t.co/4LvclfjW

May University of Michigan Consumer Confidence

businessinsider.com — Consumer confidence in the U.S. surged to its highest levels in more than four years, topping earlier estimates as measured by the University of Michigan. Click here for updates > The university's poll showed sentiment increased to 79.3 from a preliminary reading of 77.8.
Darren Gersh Washington DC Bureau Chief, Nightly Business Report, PBS @DarrenGersh
Don't people read the news?!? CONSUMER CONFIDENCE SURGES TO HIGHEST LEVEL IN 4 YEARS http://t.co/kbO2FSVZ via @themoneygame

Gene Munster: Apple Could Announce New TV This December

businessinsider.com — Apple could announce its long-awaited television as soon as this December and start shipping in 2013, according to a new research note from Piper Jaffray analyst Gene Munster . By announcing a new television in December, Munster believes Apple would essentially "freeze the market" for consumers shopping for new TVs around the holidays.
Jay Yarow Editor, Business Insider @jyarow
Apple Will Announce The Apple TV In December And Freeze The TV Industry For Months http://t.co/oPlNgsWH

Facebook IPO Disclosure Scandal

businessinsider.com — Yesterday, I described how Morgan Stanley was holding firm-wide conference calls to explain the Facebook disclosure scandal to its angry financial advisors and clients...and how, on at least one of those calls, my name had come up repeatedly.
Greg Mott Editor, Bloomberg News @gwmott
New Details On How Morgan Stanley Is Blaming The Facebook IPO Scandal On Me! http://t.co/CvCLMDde via @businessinsider
Greg Mott Editor, Bloomberg News @gwmott
New Details On How Morgan Stanley Is Blaming The Facebook IPO Scandal On Me! http://t.co/QPsKPkar

LIVE: Watch the SpaceX Ship Dock

businessinsider.com — The SpaceX capsule Dragon is set to dock at the International Space Station at 10:02 a.m. You can watch it live courtesy of UStream . The module's launch on Tuesday commenced a new era of commercial space flight. Elon Musk , founder of SpaceX, said watching the rocket launch was like "winning the Superbowl."
Jay Yarow Editor, Business Insider @jyarow
Space is boring, but this is history in the making. SpaceX capsule is docking http://t.co/L3g7D12G

SocGen's Dylan Grice Introduces His 'Quality Income' Investment Strategy For The First Time Ever

businessinsider.com — Loyal readers of Popular Delusions , the famous note written by SocGen's Dylan Grice , are in for a treat this week. He has teamed up with fellow strategists Andrew Lapthorne and Georgios Oikonomou to demonstrate how to "express" the views he proffers on a regular basis in the markets.
Mamta Badkar Reporter, Business Insider @mamtabadkar
SocGen's Dylan Grice Unveils A Brand New Investment Strategy http://t.co/8YTwYoCm

Facebook Is 'Basically Throwing In The Towel' On Its Most Expensive Ads

businessinsider.com — Facebook plans to allow third-parties to sell its most expensive "premium" ad inventory, we reported yesterday. This is good and bad news for Facebook's ad business, which has actually been decelerating for some time now, and is in need of help (witness the sharp sell off of Facebook stock from its IPO price).
Nicholas Carlson Deputy Editor, Business Insider @nichcarlson
Source: Facebook Is 'Basically Throwing In The Towel' On Its Most Expensive Ads $FB http://t.co/tlYYKHMa

10 Things You Need To Know This Morning

businessinsider.com — Someone is uploading video from Google's computerized glasses.
Nicholas Carlson Deputy Editor, Business Insider @nichcarlson
10 Things You Need To Know This Morning $AOL $FB $GOOG $MS $AAPL http://t.co/6BZSYfig

The Entire European Summit In One Genius Venn Diagram

articles.businessinsider.com — Tomorrow, European leaders are supposed to cook up their solution to the European crisis. Sadly, this Venn diagram, posted on twitter by the brilliant @pawelmorski, is all you need to...
Christophe Bauer News Producer, France 24 @KrsBauer
RT @katie_martin_FX: Reminder: Euro crisis solutions venn diagram>> http://t.co/rormCS0H

The Vatican Bank Chief Has Been Ousted After A No Confidence Vote

businessinsider.com — VATICAN CITY (AP) - The president of the Vatican bank was effectively ousted Thursday after receiving a unanimous vote of no-confidence from bank overseers for having leaked documents and failed to do his job at a critical time in the Holy See's efforts to show financial transparency, the Vatican and officials said.
Christopher Adams Markets Editor, Financial Times @ChrisAdamsMKTS
RT @businessinsider: The Vatican Bank Chief Has Been Ousted After A No Confidence Vote http://t.co/5ClK9zVp
Linda Yueh Economics Editor, Bloomberg TV, Bloomberg News @lindayueh
RT @businessinsider: The Vatican Bank Chief Has Been Ousted After A No Confidence Vote http://t.co/0hYLZRIV

Here's What Montreal's Students Protesters Responded With When Cops Asked To See Their March Route

businessinsider.com — Quebec's student protests continue to roll on past the 100 day mark, with things getting more antagonistic between protesters and the police, who arrested some 500 students yesterday . Students and their supporters are even begging that police arrest them on one website .
Matthew Garrahan Los Angeles Correspondent, Financial Times @MattGarrahan
Very good - Montreal students respond to police seeking details of their protest march route. http://t.co/RJLQ5kRk

STOCKS GO NOWHERE ON DAY WHEN NOTHING HAPPENS: Here's What You Need To Know

businessinsider.com — Another day, another dollar.
Lori Spechler Senior Editor, CNBC @LoriSpechler
RT @TheStalwart: STOCKS GO NOWHERE ON DAY WHEN NOTHING HAPPENS: Here's What You Need To Know http://t.co/tbdl7Op1
Joe Weisenthal Editor, Business Insider @TheStalwart
STOCKS GO NOWHERE ON DAY WHEN NOTHING HAPPENS: Here's What You Need To Know http://t.co/Rg6ckuk8

Check Out The Businessweek Cover That Sums Up The Euro Crisis Perfectly

businessinsider.com — Bloomberg Businessweek is all about the crisis in Europe this week and the cover sums it up in just three words. Bang. Head. Here. It might not be the most inventive cover Richard Turley has created - like this , or this , or this - but there's something about it that caught our eye (h/t @DKThomp ).
Carol Massar Co-anchor, Street Smart, Bloomberg News @carolmassar
Need we say more? #eurozone #greece http://t.co/eIlXfFJI Hear more NOW on @ontheeconomy on @BlooombergRadio with Lord Robert Skidelsky.
Adam Cancryn Financial Services and Insurance Reporter, SNL Financial @adamcancryn
Brilliant. RT @saraeisenfx: best cover ever RT @businessinsider BusinessWeek Cover Perfectly Sums Up The Euro Crisis http://t.co/5SQ5cslZ
Sara Eisen Markets Reporter, Bloomberg TV, Bloomberg News @saraeisenFX
best cover ever RT @businessinsider BusinessWeek Cover Perfectly Sums Up The Euro Crisis http://t.co/zBxE5hgw

Is Mitt Romney Embarrassed About His Education Plan?

businessinsider.com — Mitt Romney quietly unveiled his plans to reform the U.S. public education system, announcing the major policy proposal to a small group of conservative Latino business owners in Washington. Like most of Romney's policy proposals, the education platform is pretty vague.
Alexander Russo Freelance Journalist @alexanderrusso
Is Mitt Romney Embarrassed About His Education Plan? - Business Insider http://t.co/RWcbj1re via @ezraklein

There's A New Crop Of Power Players And They Come From SuccessFactors

businessinsider.com — Some companies are like trees. They seed the world with executives that run the next crop of startups. So it is with SuccessFactors. Before SAP bought SuccessFactors for $3.4 billion last year, the company made millionaires out of a lot of employees by going public in 2007.
Julie Bort Community Editor, Network World @Julie188
There's A New Crop Of Power Players And They Come From SuccessFactors (SAP) http://t.co/rGQkMio0

May US Flash PMI

businessinsider.com — And now ladies in gentlemen, a historic moment in the US economy. For the first time ever, the US is getting its own Flash manufacturing survey. The folks at Markit are releasing (at 8:58 or 9:00 AM ET) their Flash PMI report, a preview of next week's big ISM number.
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @businessinsider: FIRST EVER US FLASH PMI COMES IN AT 54 http://t.co/fGWAzpyD
John Carney Senior Editor, CNBC @carney
Beats #flashpmiguesses estimates! RT @themoneygame: FIRST EVER US FLASH PMI COMES IN AT 54 http://t.co/5cRzFSH2
Joe Weisenthal Editor, Business Insider @TheStalwart
Awesome, auspicious start to the Flash PMI series. Killer 54 number. http://t.co/iTZALah8
Joe Weisenthal Editor, Business Insider @TheStalwart
FIRST EVER US FLASH PMI COMES IN AT 54 http://t.co/iTZALah8
Joe Weisenthal Editor, Business Insider @TheStalwart
10 min. http://t.co/iTZALah8
Show 2 more tweets from John Carney, Joe Weisenthal

Facebook Selective Disclosure - Business Insider

businessinsider.com — Earlier this week, we described how big potential investors in the Facebook IPO got important negative information that small investors didn't get: Namely, they got a heads-up that Facebook's business had suddenly deteriorated. This "tip" came in the form of sudden estimate cuts by the research analysts at Facebook's IPO underwriters, who were told by company management that the second quarter was falling short of expectations.
Heidi N. Moore Freelance Journalist @moorehn
RT @hblodget: And Now More Details About How Big Facebook Investors Got Inside Info--And Little Guys Got Hosed... http://t.co/AjXk56tB
Henry Blodget Editor-in-Chief, Business Insider @hblodget
And Now More Details About How Big Facebook Investors Got Inside Info--And Little Guys Got Hosed... http://t.co/psBOTqaz
Joe Weisenthal Editor, Business Insider @TheStalwart
RT @hblodget: And Now More Details About How Big Facebook Investors Got Inside Info--And Little Guys Got Hosed... http://t.co/MJh830S1

John Taylor: 'We're Way Oversold In The Euro'

businessinsider.com — Given the uncertainty in Europe, it is surprising to some that the euro continues to trade at 1.27-1.28 against the dollar. But is that a reason to be bullish on the currency?
Sara Eisen Markets Reporter, Bloomberg TV, Bloomberg News @saraeisenFX
And he's adding euro shorts in the meantime RT @clusterstock John Taylor: 'We're Way Oversold In The Euro' http://t.co/NvqrDftJ
Mamta Badkar Reporter, Business Insider @mamtabadkar
John Taylor: 'We're Way Oversold In The Euro' http://t.co/ZpZfDvaE

Let's Get Real: HP's Layoffs Won't Fix This Company, Employees Warn

businessinsider.com — We were the first to tell you about HP's massive layoff. Now that HP has come clean with some details, we'll be the first to tell you why it's not going to fix HP. HP says that by getting rid of 27,000 jobs (9,000 of them by October), it will save about $3 billion a year.
Matt Rosoff West Coast Editor @MattRosoff
RT @owenthomas: While @hblodget is owning Facebook IPO, @julie188 rules the HP layoff story. http://t.co/VyO1xRsf

Sheridan Hoops: Orlando Magic Are Ready To Trade Dwight Howard

businessinsider.com — The Orlando Magic are prepared to start fielding serious calls from teams interested in acquiring constantly unhappy All-Star center Dwight Howard , according to Chris Sheridan of Sheridan Hoops.
Newy Scruggs Sports Anchor, NBC 5 Dallas-Fort Worth @newyscruggs
RT @BISportsPage: Report: Dwight Howard Is FINISHED In Orlando by @lozotweets http://t.co/QWUA3Osf

SALLIE KRAWCHECK: Everyone Is Missing One Crucial Point Regarding The JP Morgan Trading Debacle

businessinsider.com — Sallie Krawcheck is submitting her opinion on JP Morgan's $2 billion (and counting) CIO trading debacle. The former executive of Merill Lynch, Citi , and Bernstein published a thoughtful op-ed in The Financial Times . She notes that everyone has been overly focused on the 'Who did what?'; 'How much was lost?'; and 'What should we do now?'
Diana McCabe Business Editor, San Diego Union-Tribune @mcdiana
SALLIE KRAWCHECK: Everyone Is Missing One Crucial Point Regarding The JP Morgan Trading Debacle: http://t.co/BFbv13W1 (via @businessinsider)

REPORT: Carl Icahn Jumps Back Into Chesapeake Shares

businessinsider.com — Bloomberg reports Carl Icahn has repurchased a major stake in Chesapeake Energy. Citing an anonymous source "with knowledge of the matter", Bloomberg's Zachary R. Mider and Jim Polson write that the billionaire "corporate raider" and founder of Icahn Capital Management has taken at least a 4 percent stake in the embattled oil and natural gas developer.
Daniel Dicker Contributor and Columnist, The Street @Dan_Dicker
REPORT: Carl Icahn Just Took A Big Stake In Chesapeake Shares http://t.co/SBu33pex via @themoneygame

Let's Get Real: HP's Layoffs Won't Fix This Company, Employees Warn

businessinsider.com — We were the first to tell you about HP's massive layoff. Now that HP has come clean with some details, we'll be the first to tell you why it's not going to fix HP. HP says that by getting rid of 27,000 jobs (9,000 of them by October), it will save about $3 billion a year.
Julie Bort Community Editor, Network World @Julie188
Let's Get Real: HP's Layoffs Won't Fix This Company, Employees Warn (HPQ) http://t.co/j01BZkNo

Ex-Apple Insider: 'People Are Embarrassed By Siri'

businessinsider.com — A former Apple insider has some harsh words about Siri, the iPhone's voice activated assistant. In a big Fortune article on Tim Cook's first year at Apple , a former employee told Adam Lashinsky, "People are embarrassed by Siri ... Steve [Jobs] would have lost his mind over Siri."
Jonathan Wald Executive Producer, Piers Morgan Tonight, CNN @jonathanwald
HotSpacho RT @hblodget Thank goodness. There's hope. RT @SAI Ex-Apple Insider: 'People Embarrassed By Siri' by @jyarow http://t.co/FIl48RMr
Henry Blodget Editor-in-Chief, Business Insider @hblodget
Thank goodness. There's hope. RT @SAI Ex-Apple Insider: 'People Are Embarrassed By Siri' $AAPL by @jyarow http://t.co/TdWA6FzA

The Global 20 - Business Insider

businessinsider.com — Each day, the data onslaught that hits markets has an outsized impact on how stocks around the world move. While it's easy to get caught up in this noise, investors trying to get ahead of the curve need to focus on the big trends. We have identified these big trends in The Global 20.
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @businessinsider: THE GLOBAL 20: The Big Trends That Are Changing The World by @ericgplatt http://t.co/4pDfzLGh
Joe Weisenthal Editor, Business Insider @TheStalwart
The Global 20: The 20 Big Trends That Are Changing The World http://t.co/Ox58p5uh

Gary Shilling Bees Video

businessinsider.com — Gary Shilling has an unusual hobby: he's a beekeeper. For years, the legendary economist has been sharing his homemade honey with clients and close friends. Business Insider recently spent a day with Shilling at his New Jersey home...or apiary...where he showed us what bees and honey are all about.
Mamta Badkar Reporter, Business Insider @mamtabadkar
.@bySamRo got a tour of Gary Shilling's bee farm http://t.co/bxe4gxR6

The Most Disgusting Failed Jell-O Recipes

businessinsider.com — Fruit Jell-O is a staple at family picnics and hospitals everywhere. But 50 years ago, Jell-O aspired to take over your entire dinner table. Sharon Becker is a college professor from Baltimore who is obsessed with all things vintage. She uploaded pages from old Jell-O cookbooks to Flickr and was kind enough to share the images with us.
Matthew Daneman Business Reporter, Democrat and Chronicle @mdaneman
Check Out These Disgusting Recipes From The Glory Days Of Jell-O http://t.co/J1zOYhGH Vinegar, onion, pepper, and LeRoy fineness.

9 iPad Accessories That Made Us Say 'WTF?!'

businessinsider.com — We love using cool new accessories for our iPad , but some of them are over the top. We took a look around the internet to see what kinds of things are available for you to use on your iPad today, and here's what we found.
John Carney Senior Editor, CNBC @carney
I have to admit, this seems pretty cool to me. http://t.co/0siS85ky

Kleiner Perkins Lawsuit - Business Insider

businessinsider.com — Legendary venture capital firm Kleiner Perkins is being sued by one of its partners, Ellen Pao, for discrimination and retaliation. One of the biggest bombshell allegations in the lawsuit is that Ray Lane, one of the top partners at Kleiner, told Pao to marry the man who was tormenting her at her job when she complained to him about what was happening.
Jay Yarow Editor, Business Insider @jyarow
This is probably the most appalling thing in the Kleiner suit. Lane allegedly tells Pao to marry guy tormenting her http://t.co/1TtNFIVa

Iowa Police Recently Arrested A Drunk Driver With A Zebra And Parrot In His Front Seat

businessinsider.com — Can't a man drive with his favorite zoo animals in peace? Apparently no longer. The Des Moines Register reported Tuesday that an Iowa driver was found passed out drunk in a parking lot with his pet zebra and parrot in the front seat. He was charged with operating his vehicle while intoxicated.
Lauren Brown Contributors Editor, Business Insider @laurenalixbrown
oh iowa. drunk driver arrested w pee wee the zebra and iggy the parrot in the front seat. http://t.co/xJECw4Tn via @bi_gettingthere @rjwile

Ex-Apple Insider: 'People Are Embarrassed By Siri'

businessinsider.com — A former insider has some harsh words about Siri, the iPhone's voice activated assistant. In a big Fortune article on Tim Cook's first year at Apple, a former employee told Adam Lashinsky, "People are embarrassed by Siri ... Steve [Jobs] would have lost his mind over Siri." What are the problems with Siri?
Greg Mott Editor, Bloomberg News @gwmott
Ex-Apple Insider: 'People Are Embarrassed By Siri' http://t.co/XQo8qAee via @sai

How Your Feelings Affect Your Trading

businessinsider.com — Veteran trader and expert on psychology of risk management Denise Shull, the author of "Market Mind Games," stopped by Business Insider's offices last week to explain to us the emotional side of trading. Her argument is that traders should tap into their emotions when making decisions.
Dennis Kneale Senior Media and Tech Correspondent, Fox Business @denniskneale
“@JanetLFalk: Understand intuitive vs impulsive thought process to improve trading decisions & risk mgmt http://t.co/jBi5EBnT #denisekshull”

The Facebook IPO Was A Killer, But Not For The Reasons You Think

businessinsider.com — 1. Say goodbye to the individual investor on Wall Street. Whatever positive impression they had of the IPO market and the stock market in general was just torched to the ground.
Poppy Harlow Anchor, CNN Money, CNN @PoppyHarlowCNN
Marc Cuban on #FB IPO: http://t.co/rF8NzpCW via @mcuban
Jay Yarow Editor, Business Insider @jyarow
Rational stock purchasing? "Not even in a Richie Rich cartoon does that happen." http://t.co/oowliVzW
Jay Yarow Editor, Business Insider @jyarow
Mark Cuban bought Facebook stock. http://t.co/oowliVzW

Initial Claims May 24

businessinsider.com — One of our favorite datapoint is initial claims, and it comes out at 8:30 AM ET today. Analysts expect 370K claims, flat from the 370K last week. This number had been lower earlier this year, and then jumped, and then moderated, and have been flat. We'll have the number at this post LIVE.
Anthony De Rosa Social Media Editor and Columnist, Reuters @AntDeRosa
RT @TheStalwart: INITIAL JOBLESS CLAIMS RIGHT IN LINE AT 370K (Analysts expected 370K) http://t.co/RWgJNctz
Joe Weisenthal Editor, Business Insider @TheStalwart
INITIAL JOBLESS CLAIMS RIGHT IN LINE AT 370K (Analysts expected 370K) http://t.co/3VlxK8Dm
Joe Weisenthal Editor, Business Insider @TheStalwart
RT @themoneygame: Here Comes Initial Jobless Claims... http://t.co/aNG1aPZv

NOMURA: Q2 Or Q3 'Will Be A Decisive Moment For The Crisis In Europe, And This Is How The ECB Will End The Panic

businessinsider.com — Sean Gallup / Getty Images Turmoil in Europe is coming to a head, and we will see a peak in the stress there in the next few months, Nomura analysts believe. And ultimately, the only way out of the ensuing panic will be action from the European Central Bank.
Joe Weisenthal Editor, Business Insider @TheStalwart
Nomura held a fantastic conference call on the Eurozone crisis, and @simonefoxman has some killer notes. http://t.co/XULld4pd

CHART OF THE DAY: Apple Stock During Tim Coo And Steve Jobs

businessinsider.com — Check out this fascinating chart we put together based on something Fortune spotted . It compares Tim Cook's first 37 weeks as CEO of Apple with the first 37 weeks Steve Jobs was CEO of Apple when he returned to the company.
Jay Yarow Editor, Business Insider @jyarow
Check out how Apple's stock has acted under Tim Cook's first 37 weeks versus Steve Jobs. Weirdly similar. http://t.co/Ij3oGaZP

Millennials Settle For Small Cities

businessinsider.com — Just yesterday we reported that the next trend in urbanization will revolve around small cities . It looks like millennials agree. The majority of twenty-somethings are shying away from big splashy cities like New York, according to a new Ypulse survey. Nearly 60 percent prefer smaller digs-40 percent for small cities and 19 percent for the small town lifestyle.
Karl Henkel Reporter, Detroit News @karlhenk
RT @QLnews: Millenials are looking at cities like Portland, Minneapolis, and #Detroit http://t.co/XovGZzKa

Greek Polls Moving The Market

businessinsider.com — Overall, we still feel fairly confident that the market is being driven by fundamentals (econ data, earnings or whatnot) but on a day to day basis, it's a bit depressing what's really driving the movements of the market.
Joe Weisenthal Editor, Business Insider @TheStalwart
The old days! RT @DonHanke: like a 2011 throwback! RT @TheStalwart: How Greek polls are moving the stock market. http://t.co/MU88QOPN
Joe Weisenthal Editor, Business Insider @TheStalwart
How Greek polls are moving the stock market. http://t.co/MU88QOPN

Michael Wolf's Photos Of Hong Kong Architecture

businessinsider.com — courtesy of michael wolf/bruce silverstein gallery, ny Hong Kong is one of the most densely populated places on the planet, with more than 6,400 people packed into every square kilometer. The city is truly a "skyscraper city. Many of its 7 million residents live in high rises, in everything from closet-sized spaces to sprawling apartments fit for billionaires.
Farhad Manjoo Slate Technology Columnist and PandoDaily Contributor, Slate @fmanjoo
A Photographer Finds Beauty In The Extreme Overcrowding Of Hong Kong. These are amazing. http://t.co/tQNGwcvW

Why Is The Internet So Racist?

businessinsider.com — When the Washington Capitals beat the Boston Bruins in the NHL Playoffs, it was one of the league's few black players, Joel Ward, who scored the winning goal. After the game, a bunch of people said horrible, racist things about Ward on Twitter .
Jeffrey Young Health Care Reporter, Huffington Post @JeffreyYoung_HC
The internet is full of shockingly bold racists (Special appearance by @FanSince09 and the #TwitterJusticeLeague.) http://t.co/qIPwhvJ4

NOSE DIVE: HP's Revenues Over The Past Two Years

businessinsider.com — HP shared this scary picture of the company's revenue declines over the past few years last night. This was actually meant to be hopeful. Revenue isn't growing yet as the chart shows, -- last quarter revenue it shrunk about 3% -- but at least it's not declining as much as it was before!
Julie Bort Community Editor, Network World @Julie188
NOSE DIVE: HP's Revenues Over The Past Two Years (HPQ) http://t.co/oJN9Q5Yz

Facebook's Karma Gift App

businessinsider.com — While the world was focused on Facebook's stock trading for the first time on public markets , the company quietly announced the acquisition of Karma, a social gift giving mobile application. Karma, with just 16 employees, appeared to be another one of Facebook's talent grabs. It is not.
Jay Yarow Editor, Business Insider @jyarow
Check out Karma, Facebook's secret new weapon for making loads of money through e-commerce http://t.co/3MFHoWMo
Jay Yarow Editor, Business Insider @jyarow
Alternative tweet: Watch me buy a bear hug for @stevekovach http://t.co/3MFHoWMo

Here Are The Four Grexit Oil Price Shock Scenarios

businessinsider.com — We recently covered GasBuddy.com's Patrick DeHaan's take on what effect a Greece exit from the Eurozone would have on oil prices.
Mamta Badkar Reporter, Business Insider @mamtabadkar
RT @themoneygame: BofA: Here Are 4 Ways A Greek Exit From The Euro Could Shock Oil Prices by @rjwile http://t.co/V3275LEl

Internet Explorer

businessinsider.com — After months of chipping away at its lead, Google Chrome has finally overtaken Internet Explorer to become most popular web browser worldwide. Chrome's share of the market rose to 32.8% in the week ending May 20, while Internet Explorer's share of the market dropped to 31.9%, according to new data from StatCounter, via TheNextWeb.
Jonathan Dube Digital Media Executive @cyberjournalist
Did you know Google Chrome is now more popular than Internet Explorer - http://t.co/pIVoLK76

David Tepper childhood - Business Insider

businessinsider.com — CNBC's Hedge Fund Specialist/ "Squawk Box" producer Maneet Ahuja's book "The Alpha Masters" comes out at the end of this month and it's definitely a must-read. Ahuja-who is known for her massive Rolodex filled with the biggest names in the hedge fund industry-gives her readers a peak into the lives and careers of the most well-known and legendary investors.
Maneet Ahuja Hedge Fund Specialist and Producer, Squawk Box, CNBC @WallStManeet
http://t.co/k22pBb6Z

HP Will Cut 9,000 Jobs In The Next Five Months

businessinsider.com — Here's a little tidbit that HP's CFO Cathie Lesjak slipped in during the company's analyst conference call: 9,000 jobs will be cut in HP's fiscal year 2012. That ends on October 30, or about five months from now. HP said yesterday that it will be cutting 8% of its workforce or 27,000 jobs through October, 2014, mostly though layoffs and early retirement.
Julie Bort Community Editor, Network World @Julie188
HP To Cut 9,000 Jobs By October (HPQ) http://t.co/rI7T8T1e

Another Scary Indicator That China's Slowdown Is Real

businessinsider.com — Weak Chinese trade data, slowing retail sales, and disappointing PMI have resurrected talks of a Chinese hard landing and have driven many economists to cut their Chinese GDP forecasts growth for the year. Now, there's another worrisome sign that China's slowdown is deepening.
Mamta Badkar Reporter, Business Insider @mamtabadkar
Another Scary Indication That China's Slowdown Is Real http://t.co/F51u6lAJ

Read This One Paragraph, And You'll See Why The ECB Is Such A Smoldering Disaster

businessinsider.com — In a speech in Rome , ECB chief Mario Draghi explained why the ECB has made so many poor decisions (most notably rate hikes in early 2011 and early 2008, on the eve of major disasters). The definition of the objective is now wider. Price stability has become an essential parameter in defining and measuring prosperity.
Joe Weisenthal Editor, Business Insider @TheStalwart
Price stability uber alles http://t.co/EICmd58S

Dear Marco Arment! Sorry About Last Week. We Finally Figured Out What Happened...

businessinsider.com — Last week, an entrepreneur and writer named trashed us in a blog post, which was then picked up and forwarded around the Twitter-sphere. Marco accused us of lots of horrible things, including "scraping" his content without permission and making it look like he wrote for us.
Matt Rosoff West Coast Editor @MattRosoff
@fmanjoo Also, this: "BI sends out rapacious Web-crawling robots..." is wrong. Take 15 minuts to read this: http://t.co/C5a3iiJU

THE GOOGLE INVESTOR: MAY 24

businessinsider.com — The Google Investor is a daily report from SAI. Sign up here to receive it by email GOOG Off As Market Recovers The markets are rebounding after the U.S.'s first ever Flash PMI numbers came in above random expectations . Shares of GOOG are off with th NASDAQ.
Dan Rowinski Technology Writer, ReadWriteWeb @Dan_Rowinski
RT @SAI: THE GOOGLE INVESTOR: What The Motorola Acquisition Means For Android $GOOG by @hleonard76 http://t.co/JZyt6vSV

Goldman's Top Strategist Identifies The 5 Most Important Stocks

businessinsider.com — David Kostin chief U.S. equity strategist at Goldman Sachs is maintaining his 1,250 year-end target. He thinks the consensus estimate for fourth quarter earnings are too high and that earnings growth will be minimal at $100 per share this year, and $106 next year.
Mamta Badkar Reporter, Business Insider @mamtabadkar
Goldman's Kostin Identifies The 5 Most Important Stocks To The Hedge Fund Industry http://t.co/BgymDBzC

What Groupon's Settlement Means For Consumers

businessinsider.com — Groupon customers may be able to receive a share of an $8.5 million settlement resulting from a class-action lawsuit involving expiration dates on the company's daily deals. Though the details of the settlement are still being worked out, customers who have made purchases from the site in the past are encouraged to learn more about how they could be impacted.
Ann Dwyer Assistant Managing Editor, Crain's Chicago Business @AnnDwyer_Crains
Here's What The Massive Groupon Settlement Really Means For Consumers http://t.co/HpB4woMg via @bi_contributors

New Orlan's Times-Picayune No Longer A Daily Publication

businessinsider.com — New Orleans' renowned Times-Picayune , which won two Pulitzers for its coverage of Hurricane Katrina, has announced major reductions in its staff and print publication schedule : The newspaper will now only go to print on Wednesdays, Fridays, and Sundays only, leaving the city without a major metropolitan daily newspaper.
Lauren Brown Contributors Editor, Business Insider @laurenalixbrown
Staff found out about cuts via twitter. Rough. MT @BI_Advertising: New Orleans No Longer Has A Major Daily Newspaper http://t.co/4FgeSVDA

GOLDMAN SACHS: Dreams Of Greek Exit Are 'Fallacies'

businessinsider.com — While more and more investors and economists gush about the likelihood of a Greek exit for the eurozone, one a major Wall Street investment bank is poo-pooing such a contingency: Goldman Sachs .
John Carney Senior Editor, CNBC @carney
RT @clusterstock: GOLDMAN SACHS: Dreams Of Greek Exit Are 'Fallacies' http://t.co/kTy852wu

Maryland Gay Marriage 2012

businessinsider.com — Public Policy Polling is out with a new survey this morning on the gay marriage referendum likely to be on the Maryland ballot this fall . It's historic, because it shows that Maryland is likely to pass - by a wide margin - the referendum holding up the bill that lawmakers passed in late February.
Nick Baumann Assistant Editor, Mother Jones @NickBaumann
RT @stefanjbecket: I read this as "incredibly" RT @BrettLoGiurato: This is an incredible gay marriage poll. http://t.co/CYZ5C0Tl

JEFFERIES: 'There Is Enormous Denial Over The Chinese Economy'

businessinsider.com — "While the contagion once again spreads through Europe, there is enormous denial over the Chinese economy." So begins Jefferies' latest note to clients from their global equity strategy team led by Sean Darby. The Jefferies strategists think economists are focusing on the wrong numbers.
Mamta Badkar Reporter, Business Insider @mamtabadkar
JEFFERIES: 'There Is Enormous Denial Over The Chinese Economy' http://t.co/eOQfjfgJ

Facebook Made Its Second Largest Acquisition Last Week And Its Much Bigger Deal Than You Realize

businessinsider.com — On the day Facebook hit the public markets, it also announced the acquisition of Karma , a social gift giving application. Karma only has 16 employees, and most people assumed it was yet another acqui-hire for Facebook. Those people are wrong, it's a much bigger deal, both literally and figuratively.
Jay Yarow Editor, Business Insider @jyarow
On the day of its IPO Facebook made an acquisition that could end up being a really big deal for the company http://t.co/sf5DztVp

Republicans Still Have No Idea What To Do If The Supreme Court Overturns Obamacare

businessinsider.com — We told you last week that this would be a problem. Next month the Supreme Court is going to issue its ruling on Obamacare. There is a chance they could throw out part or all of the law. This should be a gift to Republicans. It would humiliate President Obama.
Dave Weigel Political Reporter, Slate @daveweigel
Win the election? RT @michaelbd: Republicans Still Have No Idea What To Do If The Supreme Court Overturns Obamacare http://t.co/CsaGFwyQ

How 'Robocop' Predicted Everything Important About Modern America-Back in 1987

businessinsider.com — Most of you know RoboCop as one of those movies -- like Network or The Fifth Element -- that rotates endlessly on late-night cable TV. But buried beneath the shoot-outs, car chases and pre-CGI stop-action animation is a cogent, bitter critique of American capitalism, and the dystopia it could possibly produce.
David Sirota Writer, Salon @davidsirota
BRILLIANT: How the movie Robocop predicted everything about modern America: http://t.co/VGfNBgoH

Here Comes The Kansas City Fed Manufacturing Survey...

businessinsider.com — The Federal Reserve Bank of Kansas City is minutes away from releasing its monthly survey of manufacturers, a key gauge of business activity in the Midwest. Economists polled by Bloomberg forecast the main index increased two points to 5 in May. The report covers Kansas, Colorado, Oklahoma, Wyoming, western Missouri, and northern New Mexico.
Joe Weisenthal Editor, Business Insider @TheStalwart
KC FED MANUFACTURING SURVEY SURGES TO 9 (Analysts expected 5) http://t.co/vo41Q5f5

Vanity Plate Creates Big Parking Problems For Floridian

businessinsider.com — Vanity plates are a popular way to express individuality or make a joke that everyone can see. But occasionally they can create a big problem for the driver. According to Autoblog, Jacksonville, FL resident Carol Schroeder got the license plate "NOTAG" on her car.
Lauren Brown Contributors Editor, Business Insider @laurenalixbrown
dek of the day: mo vanity, mo problems http://t.co/dvclywcu @tokulski

Sheryl Sandberg: 'We're Public Now. So Can You Click On An Ad Or Two?'

businessinsider.com — Sheryl Sandberg spoke at the "Class Day" of Harvard Business School yesterday. (Class day is the event that leads up to its commencement day.) We're trying to get a full transcript now, but David Whitford at CNNMoney has some notes from the speech. There are two great lines that stand out.
Jay Yarow Editor, Business Insider @jyarow
Facebook COO: PLEASE Click On An Ad Or Two! http://t.co/exIo8XZT [She's joking...]

CHART: AMC's Advertising Shows Are A Mess

businessinsider.com — Early last week, we chronicled how AMC's advertising competition show, The Pitch, had some seriously awful ratings . The low ratings prompted AMC to move The Pitch from its Monday time slot to Sundays, following AMC's other advertising show, Mad Men.
Josephine Lim Online Editor, Canadian Business @JLim02
That's a shame. RT @tbithewire: CHART: AMC's Advertising Shows Are A Mess by @elninodiablo http://t.co/6bUtsDNK