Hyundai lands NFL sponsorship as GM exits
The NFL names Hyundai its new official auto sponsor for four years, granting use of the NFL logo in ads and premier marketing placement, while General Motors is relegated to the sidelines. Separately, a Sysco US Foods merger collapses after the FTC injunction, with Sysco paying 300 million in breakup fees.
MENTIONED IN THIS ARTICLE
Hyundai
NFL
General Motors
Sysco
US Foods
Federal Trade Commission
U.S. District Court
Amit Mehta
FTC
Microsoft to hand ad business to AOL and AppNexus
Bloomberg reports Microsoft will shut its Web display advertising unit and transfer operations to AOL and AppNexus. About 1200 jobs affected with some roles moved to AOL or AppNexus while CEO Satya Nadella refocuses on personal computing cloud platforms and productivity.
MENTIONED IN THIS ARTICLE
Microsoft
AOL
AppNexus
Bloomberg
Satya Nadella
Barnes & Noble to spin off education unit details
Barnes & Noble disclosed plans to spin off its college books division. Investors will receive 0.632 shares of common stock in the new Barnes and Noble Education for each Barnes and Noble share they own.
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B&n
Barnes & Noble
College Books
Barnes and Noble Education
Supreme Court rejects Google appeal in Oracle Java lawsuit
The Supreme Court declined Google's bid to overturn a lower court ruling that favored Oracle in the Oracle Java copyright case. The decision returns the dispute to a San Francisco federal court, where issues of fair use and the use of Java APIs will be resolved, impacting interoperability and innovation in tech firms. Oracle and backers emphasize strong copyright protection. Google and supporters warn of a shift toward closed systems and reduced invention.
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Supreme Court
Google
Oracle
San Francisco
US Supreme Court
Silicon Valley
Goo
Gle
Aaron Stein
Microsoft
Dorian Daley
Puerto Rico faces historic 72B debt default
Puerto Rico poised on economic collapse as Governor Alejandro Garcia Padilla says the island cannot pay its 72 billion dollars in debts. He cites failed cuts and debt restructuring, warning creditors and residents to share sacrifices to avoid fiscal ruin.
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Miami
Puerto Rico
Commonwealth
Alejandro Garcia Padilla
World Bank
International Monetary Fund
Padilla
New York Times
Greece
Morningstar
Chicago
United States
Spain
Detroit
Development Bank
Center
U.S. Mainland
David Chafey
Government Development Bank of
Old San Juan
Greek crisis rattles world markets as stocks tumble
The Greek debt crisis sparks global selloffs with the Dow dropping 350 points. European indexes fall sharply while Greece faces bank closures before a Sunday bailout vote. Greece related ETFs and banks slide, signaling broad investor fear and uncertainty.
MENTIONED IN THIS ARTICLE
Europe
Greece
Athens
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J1epacin Lam
DOW Jones Industrial
USA Today
Marketwatch.com
USA
Washington, D.C
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John Shinal
Tech. Com
Island
SUS Cer
Cevide Guillermo Cristian Jeffs
Wall Street
National Bank of Greece
New York
DryShips
Tsakos Energy Navigation
London
Germany
DAX
Dow
U.S
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