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Bloomberg briefing, Dec. 19visit|article-5966860|river-44317-1...

Number of the day 421.28 That's how much the Dow Jones industrial average rose on Thursday, closing at 17,778.15 for a 2.4 percent gain, its biggest in three years. The increase came one day after the Federal Reserve said it plans to hold ... San Francisco Chronicle, 35 minutes ago

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Wristband maker Fitbit in talks with banks for IPO: Bloomberg

(Reuters) - Fitness tracking wristband maker Fitbit Inc is in talks with banks for its initial public offering in the United States, Bloomberg reported, citing people familiar with the matter. Morgan Stanley ( MS.N ) will be leading the IPO, ...
 Reuters19 minutes ago
NewsFactor Network

Bloomberg briefing, Dec. 20visit|article-5969509|river-44317-1col-hp-4|1

Number of the day $90 million That's how much T-Mobile USA agreed to pay to resolve federal and state claims that it charged customers for extra services without authorization, a practice known as cramming. As part of the deal announced ...
 San Francisco Chronicle35 minutes ago T-Mobile Agrees to $90M FTC Payment  NewsFactor Network3 hours ago T-Mobile Agrees to $90 Million FTC Settlement  NewsFactor Network4 hours ago T-Mobile to Pay $90 Million to Settle Cramming Case  Time5 hours ago
Business Insider

Fitness band leader Fitbit reportedly planning 2015 IPO

Bloomberg reports Fitbit, the unquestioned leader in the growing health/fitness band market, has hired Morgan Stanley to take it public next year. A source says an IPO could raise $150M. NPD estimates Fitbit accounted for 67% of all "activity ...
 Seeking Alpha2 hours ago Report: Fitbit Plans To IPO Next Year  Business Insider4 hours ago

Deutsche Bank Weighs Investment Bank Cuts to Boost Returns

(Bloomberg) -- Deutsche Bank AG, which runs Europe's largest investment bank, is poised to make cuts to its securities unit as it faces pressure to boost returns. Were finding areas that don't make market or economic sense and redeploying ...
 La Repubblica2 hours ago Deutsche Bank, Barclays FX Algorithms Said Probed by N.Y. Bloomberg  MSN UK3 days ago
Daily Finance

Answering Obama's Criticism, Sony Says It Has Not Given In

President Barack Obama. Credit: Chris Kleponis/Bloomberg President Barack Obama said Sony Pictures Entertainment made a mistake in canceling the release of its movie "The Interview" in the face of threats from North Korean computer hackers. ...
 Advertising Age3 hours ago Obama Vows Response to North Korea for Sony Cyberattack  Daily Finance4 hours ago Obama says Sony 'made a mistake in canceling film  San Francisco Chronicle1 hour ago Obama Says Sony Made Mistake in Pulling Movie  Bloomberg5 hours ago
Bloomberg View

President Obama Confuses James Franco, Joe Flacco in Speech

U.S. President Barack Obama during a news conference at the White House in Washington, D.C. on Dec. 19, 2014. Bloomberg—Bloomberg via The confusion creates a parody Twitter account @JamesFlacco President Obama addressed the nation Friday ...
 Time2 hours ago Take More Questions, Mr. President  Bloomberg View2 hours ago President Barack Obama calls on only female reporters to ask questions  Capital Bay3 hours ago White House Now Regrets Dodd-Frank Reversal  National Mortgage Professional Magazine3 hours ago

Jack Oliver on '16: Republican Needs $100 Million in '15

Dec. 19 (Bloomberg) -- The GOP campaign vet tells Mark and John that to compete with Hillary Clinton, the Republican candidate for president will need to raise between $50 million and $100 million by the end of next year.
 Bloomberg2 hours ago

Bloomberg Rescinded Offer To Writer Jessica Pressler After New York Magazine Hoax

Jessica Pressler appearing on Reuters TV. | Reuters NEW YORK -- Bloomberg News rescinded a job offer this week to New York magazine writer Jessica Pressler after her profile of a teenage stock-picking multi-millionaire proved to be a hoax, ...
 Huffington Post22 minutes ago

Reporter behind story of $72 million teen trader stays at NY Mag

Jessica Pressler was slated join the Bloomberg News investigative unit, but got caught up in controversy this past week following a story she wrote about a New York City high school student who said he'd made $72 million trading stocks. "Can't say ...
 Austin American Statesman1 hour ago
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