Anadarko’s Audience Should Keep Listening

Anadarko’s Audience Should Keep Listening

Anadarko Petroleum Corp. has the script down at this point. Last September, after a series of missteps, the exploration and production company drew a line under things with a huge buyback program and a focus on living within its means with oil at $50 a barrel. This has been a crowd pleaser and then some: Know…

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The unlikely way Jeff Bezos became one of the first investors in Google, which probably made him a billionaire outside of Amazon

The unlikely way Jeff Bezos became one of the first investors in Google, which probably made him a billionaire outside of Amazon

Jeff Bezos became an early Google investor after requesting to meet Larry Page and Sergey Brin in 1998.Rick Wilking/Reuters Four years after founding Amazon in his garage, Jeff Bezos insisted on personally investing in a small, unknown search engine site. That search engine startup would later blossom into a multi-billion-dollar company that competes with Bezos’…

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Amazon customers are freaking out after their accounts were closed — and they say it reveals the dark side of the company’s ‘totalitarian power’

Amazon customers are freaking out after their accounts were closed — and they say it reveals the dark side of the company’s ‘totalitarian power’

Amazon customers are furious about being locked out of their accounts AP Photo/Wilfredo Lee Over the last week, Amazon has closed hundreds to thousands of customers’ accounts with no warning. The outcry was immediate, with furious customers organizing online and threatening class-action lawsuits against the company. The backlash may seem out of proportion to some.…

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Jaguar reveals first all-electric SUV

Jaguar reveals first all-electric SUV

Image copyright JLR Jaguar has revealed the production version of its first all-electric SUV as luxury carmakers race to go green. The I-Pace can reach 60mph in 4.5 seconds and has a range of almost 300 miles on a fully charged battery. The vehicle is set to reach showrooms by July, potentially beating rival Audi’s…

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China’s Geely buys Mercedes-Benz’ Daimler stake

China’s Geely buys Mercedes-Benz’ Daimler stake

Image copyright Reuters Image caption Made in Germany – but now with Chinese investment Germany says it will remain “watchful” of Chinese carmaker Geely after it became the biggest investor in Mercedes-Benz owner Daimler. The German government warned the deal should not be used as a “gateway” for Chinese industrial policy interests. Geely, which has…

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Chickens, Eggs and Guiding Stars

Chickens, Eggs and Guiding Stars

Chicken or egg? The surge in the 10-year U.S. Treasury yield Monday to the psychologically important 3 percent level was accompanied by a slide in the S&P 500 Index. But poor earnings, especially from the bellwether industrial blue chip Caterpillar Inc., may raise worries about economic growth, undermining investors’ risk appetite and hitting stocks and bonds alike. It doesn’t help that…

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