Jonathan Lewis of Samson Capital Advisors discusses the dollar’s bounce back, overall foreign-exchange strategy, and a look ahead at this week’s key economic data. Paul Lin reports. (May 12)
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Thousands are dead in what’s being described as the most devastating earthquake to hit China in three decades. One student captures the moment the 7.8 earthquake struck southwestern China. Video courtesy of Reuters. (May 12)
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XM posted a wider loss on higher marketing costs, while Sirius’s loss narrowed on strong sales, as the satellite radio providers await regulatory clearance for a pending merger.
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HSBC disclosed $3.2 billion in write-downs in its consumer finance business plus other impairments, but said it expects to record larger first-quarter profit than a year earlier.
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Silicon Valley is full of people who consider themselves “survivors” for having lived through the dotcom bust.Max Levchin is a real survivor.As Sarah Lacy details in her new book
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Updated from 4:23 p.m. EDT Every parent knows kids sometimes only hear what they want to hear. Follow the financial markets for a while and you’ll see that traders are similarly capable — generally speaking, of course.Evidence of
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From All Things Digital, May 12, 2008:With its curvier edges, stylish silver trim, half-VGA 480-by-320
pixel screen and improved iTunes compatibility, Research in Motion’s
(RIMM)
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Ashraf Laidi, chief foreign exchange strategist at CMC Markets, discusses factors in the dollar’s recent rebound. He speaks with WSJ’s Joanna Slater. (May 12)
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