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Tech blog says Twitter bought TweetDeck
May 02, 2011 19:11 EDT
Twitter on Monday declined to comment on a renewed report that the microblogging service has bought a TweetDeck service used to "tweet" from mobile phones and tablet computers.
S&P threatens to cut U.S. credit rating on deficit
Apr 18, 2011 18:20 EDT
NEW YORK (Reuters) - Standard & Poor's threatened Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.
S&P threatens to cut U.S. credit rating on deficit
Apr 18, 2011 18:20 EDT
NEW YORK (Reuters) - Standard & Poor's threatened Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.
PIMCO bets against U.S. government debt
Apr 11, 2011 13:52 EDT
NEW YORK (Reuters) - The world's largest bond fund began betting against the United States last month by taking short positions on its debt on expectations the nation's shaky finances will drive interest rates higher and imperil its triple-A rating.
Japan fund repatriation to top views: PIMCO
Mar 31, 2011 12:04 EDT
NEW YORK (Reuters) - Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.
Bond King's big debt bet is on the mark, rivals say
Mar 11, 2011 12:30 EST
NEW YORK (Reuters) - With his 67th birthday just weeks away, the investor widely known as the Bond King has taken one of the biggest bets of his life -- but at least Bill Gross has got some company.
PIMCO Total Return dumps U.S. government-related debt
Mar 09, 2011 18:12 EST
NEW YORK (Reuters) - The world's largest bond fund has gone ultra bearish on the United States, dumping all of its U.S. government-related debt holdings.
PIMCO's Gross urges slow pace of deficit cuts
Mar 03, 2011 15:23 EST
NEW YORK (Reuters) - Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery.
PIMCO's Gross urges slow pace of deficit cuts
Mar 03, 2011 15:23 EST
NEW YORK (Reuters) - Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery.
Twitter cuts off UberMedia apps for tweets
Feb 18, 2011 18:00 EST
Twitter on Friday suspended UberTwitter, UberCurrent, and Twidroyd applications in a clash with a startup that controls a fifth of the "tweets" at the hot microblogging service.
PIMCO's Bill Gross blasts U.S. culture of money and greed
Feb 02, 2011 18:18 EST
NEW YORK (Reuters) - Billionaire bond maven Bill Gross in a February report says America needs new priorities and blasts a culture that worships money and greed.
Paulson's $5 billion payout shocks, raises questions
Jan 28, 2011 20:15 EST
BOSTON (Reuters) - Billionaire hedge fund manager John Paulson, whose bet against the overheated housing market made him one of the world's wealthiest people, became a lot richer last year.
Surge of money from bonds could stifle lending
Dec 23, 2010 16:00 EST
A sudden shift in saving habits could spell trouble for borrowers as Americans exit bond funds. Americans are leaving bond mutual funds at the fastest rate in more than two years.
Hedge funds may skirt direct Fed scrutiny: source
Dec 20, 2010 15:00 EST
WASHINGTON (Reuters) - The Federal Reserve does not believe any one hedge fund can topple the financial system and therefore the private pools of capital may escape direct supervision by the central bank, an industry source familiar with the Fed's position said.
Special Report: Is America the sick man of the globe?
Dec 16, 2010 08:42 EST
SAGINAW, Michigan (Reuters) - Not long ago, if you wanted steak for lunch at the Texan Restaurant, less than two minutes drive from the Nexteer Automotive assembly plant, you had to be in the door by 11 o'clock in the morning. If you arrived any later, you joined a long line with other laggards and waited for a table to open up.
Attraction to bond funds snaps in Nov.
Dec 10, 2010 15:16 EST
Investors pull out of bond funds in November, snapping two-year string of positive flows. The appeal of bonds may be dimming, as investors took more money out of bond mutual funds than they put in last month. The pullout snapped a two-year string of positive monthly flows into bonds, where investors have sought refuge after the financial crisis soured many on stocks.
Special Report: What did you do in the ETF war, daddy?
Dec 03, 2010 15:00 EST
BOSTON (Reuters) - Gus Sauter, Vanguard Group's chief investment officer, vividly recalls the first time he proposed exchange-traded funds to his boss.
Gross, Grantham blast Fed's asset buying
Oct 27, 2010 13:44 EDT
NEW YORK (Reuters) - Two top asset managers, Bill Gross, co-founder of Pacific Investment Management Co., and Jeremy Grantham, chief investment strategist at Grantham Mayo Van Otterloo & Co., lambasted the Federal Reserve's loose monetary policy and said renewed asset purchases are in danger of becoming ineffective.
Stock market and commodities traders front run the Fed
Oct 06, 2010 09:34 EDT
Bulls are excited about the rally, while bears wonder what is behind it . Last month marked one of the best Septembers in years as the DOW rallied 7.7%, which made for the best September for the DOW since 1939. Bulls are excited about the rally and market while bears are wondering what is behind it.
Gross and El-Erian not been approached for Summers' job
Sep 28, 2010 11:34 EDT
NEW YORK (Reuters) - Bill Gross and Mohamed El-Erian, co-chief investment officers of bond giant PIMCO, have not been approached by the Obama administration to succeed outgoing economic adviser Larry Summers, people familiar with the matter said on Tuesday.
