Local Business News

Aston approves road paving contract
ASTON — Commissioners unanimously awarded the 2013 road paving program contract in the amount of $235,490 to Innovative Construction Services. In other matters, commissioners approved the…
Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had…
Business Calendar
n TUESDAY, May 21: A Women in Business Network will be held from 11:30 a.m. to 1 p.m. at the Hedgerow Theatre, 146 W. Rose…
Corporations look young for cybersecurity recruits
WASHINGTON — Five dozen teenagers hunched over computers in a hotel conference room near Washington, decrypting codes, cleaning malware and fending off network intrusions to…
Facebook, Twitter announce apps for Google's Glass
SAN FRANCISCO -- Google says it's still figuring out the best ways to use Glass, but the company announced Thursday that Facebook, Twitter and several…

Virgin America: An Airline Sprouts in California

Virgin America CEO David Cush is one of four current airline CEOs who started at American in the 1980s. Now he is eyeing an IPO.

U.S. Small Business

5 Things To Know About Small Business This Week: May 17

PayPal announces "Cash for Registers;" small-business optimism improves; Kabbage expands financing to bricks-and-mortar businesses; restaurants tapping into big breakfast opportunity; GoDaddy launches restaurant-specific Web site designs.

Cities Need More Starbucks, Not CityTargets
By not innovating now, brick and mortar retail such as Target poorly prepares itself to respond to inevitable disruption.
How Dale Katechis Made Oskar Blues Beer a Can-Do Beer
Here's how a craft brewer converted a town of good ol' boys, made cans a standard and leapt cross-country.
Why the End of 'Craft' Beer Is Just a Tax Break Away
In this civil war, it's brewer against brewer and the BEER Act against the Small BREW Act in Washington, D.C.
5 Lessons in Innovation
From e-cigarettes to a help line to stop sex traffickers, innovative ideas can come from anywhere.
Top 7 Things You Should Never Ask Your Intern to Do
Interns may be eager and affordable, but it doesn't mean you should trust them with every job.

National Top Stories

Tornado Leaves at Least 51 Dead in Oklahoma: Reports
A massive tornado has cut a swath of destruction across the suburbs of Oklahoma City, according to media reports.
3 Tech Stocks Reporting Earnings To Watch This Week
The froth in stock markets continued last week, which would normally suggest that investors be more cautious. The equal-weighted Nasdaq [...]
The Deal: Yahoo! Posts Tumblr For $1.1B in Mobile Growth Bid
Yahoo! will acquire Tumblr for $1.1 billion in cash in an ongoing attempt to establish its presence on smartphones.
IShares Barclays MBS Bond Fund (MBB) Enters Oversold Territory
In trading on Monday, shares of the iShares Barclays MBS Bond Fund ETF entered into oversold territory, changing hands as low as $107.21 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Build a Strong Portfolio With REITs: Opinion
Want to sleep well at night? REITS should be the core of your investment strategy.

Personal Finance

Tumblr Yahoos! Old Dog, New Blog
Until today, Jim Cramer thought Tumblr was a kind of drinking glass. The Urken siblings set him straight and clue him into the Yahoo! deal.
Should Powerball Winner Take Lump-sum Payment or Annuitize?
It's really a question of how prudent the lucky duck is.
Prepaid Cards Lose Fees, Gain Users
Prepaid cards are one of the fastest-growing payment types, replacing the checking account for many.
Food Trends At Their Freshest in San Diego
In Southern California, here's you should eat to catch some of the hottest spring menu trends.
5 Traits of Our Unbanked and Underbanked
The underbanked are more Main Street than Skid Row, and that doesn't say good things about the system.

Mobile & Gadgets

Tumblr Yahoos! Old Dog, New Blog
Until today, Jim Cramer thought Tumblr was a kind of drinking glass. The Urken siblings set him straight and clue him into the Yahoo! deal.
Did Google Just Place Three Big Bets on Nvidia?
If Google can use GPUs to provide a superior photo service, this is huge in its quest to dent Facebook's dominance.
Yes, Apple Still Dominates. However ...
The numbers prove that Apple still owns the hearts and minds of smartphone users.
Cities Need More Starbucks, Not CityTargets
By not innovating now, brick and mortar retail such as Target poorly prepares itself to respond to inevitable disruption.
Yahoo! 'Tumbling' Down the Right but Expensive Path (Update 1)
Yahoo!'s acquisition of Tumblr is a smart idea, but at $1.1 billion it better pay off for CEO Marissa Mayer.

Energy & Green Business

BP Withdrawing Some Staff From Libya

Oil company BP says it is temporarily withdrawing some nonessential and non-Libyan staff from its office in Libya's capital.

GE Capital to Pay $6.5 Billion Dividends to GE
GE Capital will pay even more in dividends to General Electric than it did last year, feeding a huge capital return to shareholders.
Dicker: Activists in the Oil Patch
Do Icahn and Singer run the energy world? Dan Dicker talks with Jim Cramer about increased corporate activism and whether it's good for the companies involved.
Berkshire Is an Insurance Company, Not a Nation-State: S&P
Standard & Poor's has cut Berkshire Hathaway's credit rating below that of the U.S. government.
Dicker: Investing Opportunity in Refiners
The latest report from the International Energy Agency suggests an investment opportunity in stocks of refiners.
Dicker: U.S. Energy Independence Is Nigh
International Energy Agency's midyear report predicts a 'supply shock' that will change the politics of oil across the globe.

Don't Miss

Yahoo! 'Tumbling' Down the Right but Expensive Path

Yahoo!'s acquisition of Tumblr is a smart idea, but at $1.1 billion it better pay off for CEO Marissa Mayer.
When the Oil Boom Turns to Bust

Oil booms bust as new supplies become available. The present recovery is no different.
Play the Stock Market Like the Wealthy

Investing like a wealthy person involves getting good advice and developing a strategy that involves, among other things, exceptional patience.

Jim Cramer's "Mad Money"

Cramer's 'Mad Money' Recap: Think Dividends, Not Coupons
These are not normal times and bonds are a sucker's bet at best, Cramer said.
Cramer: A Pile of Simply Horrendous Advice
Caution has clearly been the fool's way in this market.
Selloff Reaction; Valuing Beloved Companies: Cramer's Best Blogs
Catch up on Jim Cramer's thinking over the past week, including the new market pattern and two hard-to-value stocks.
'Mad Money' Lightning Round: Don't Sell Heckmann
Cramer thinks you should wait on Ubiquiti Networks and Potash is just ok.
Cramer's 'Mad Money' Recap: Next Week's Game Plan
It's a full week of earnings and Cramer said he'll be watching and planning his investing strategy.

Investing Tips

Cramer's 'Mad Money' Recap: Think Dividends, Not Coupons
These are not normal times and bonds are a sucker's bet at best, Cramer said.
Why the Yahoo-Tumblr Deal Sucks
Marissa Mayer's decision to take out Tumblr is about as unimaginative as it gets.
Betting on BB&T
BB&T's managment has a strong track record and is optimistic about the future, but does that mean the stock has any upside?
5 Rocket Stocks Ready for Blastoff
These stocks have both short-term gain catalysts and longer-term growth potential.
Did Google Just Place Three Big Bets on Nvidia?
If Google can use GPUs to provide a superior photo service, this is huge in its quest to dent Facebook's dominance.

Automotive

Selloff Reaction; Valuing Beloved Companies: Cramer's Best Blogs
Catch up on Jim Cramer's thinking over the past week, including the new market pattern and two hard-to-value stocks.
Tesla's Future Is Full of Green
Tesla shares fell Friday even as the electric car manufacture raises more than $1 billion and Morgan Stanley lifts its price target.
How the New York Hedge Funds Lost Their Shirts on Tesla
These New Yorkers never saw Tesla's 100% market share in Silicon Valley and never drove an electric car.
Elon Musk: Going All In on Tesla
Tesla announced a huge secondary offering, taking advantage of a soaring stock price. CEO Elon Musk is buying a good chunk of it. As a shareholder, that's what you want to see.
Elon Musk Invests $100 Million in Tesla Capital Raise
Tesla is raising capital to repay government loans as its CEO continues to pump money in the automaker.

Luxury & Leisure

Food Trends At Their Freshest in San Diego

In Southern California, here's you should eat to catch some of the hottest spring menu trends.

How Dale Katechis Made Oskar Blues Beer a Can-Do Beer
Here's how a craft brewer converted a town of good ol' boys, made cans a standard and leapt cross-country.
10 Reasons to Stop Being a Jerk and Drink a Fruit Beer
You'll throw a withered lime into a Corona, but won't try a beer brewed with apricot? Time to rethink that.
Media, Not Maple Leafs, Should Be Ashamed
Media outlets on both sides of the border failed to provide meaningful or necessary context alongside their coverage of Monday's Game Seven collapse in Boston.
Is The NHL Really Still the No. 4 Sport?
The question must be asked: Is the NHL in any financial or cultural position to call itself a 'major' U.S. sport?
7 Towns That Really Want Your Sports Team
For every North American city with a pro sports team, there's another green-eyed town just waiting to take it away.

Markets

S & P | Nasdaq | NYSE |

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NEW YORK (TheStreet) -- Major U.S. stock markets closed lower Monday as the excitement of corporate dealmaking led by Yahoo! was offset by investor concern that the Federal Reserve may curb its bond-buying economic stimulus program.

The S&P 500 closed off 0.07% to 1,666.29 while the Dow Jones Industrial Average lost 0.12% to 15,335.51. The Nasdaq slid 0.07% to 3,496.43.

The Fed's Open Market Committee is expected to publish its minutes on Wednesday offering investors clues about whether the central bank plans to continue buying roughly $85 billion in assets each month to stimulate the U.S. economy. Conservativea among the bank's presidents have dominated the conversation in recent weeks, warning that the program is adding to inflation while holding back economic growth.

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