The Wall Street Journal

Goldman’s Blankfein Gets $7 Million Stock Bonus - Fri, 03 Feb 2012
Goldman Sachs Group granted Chief Executive Lloyd Blankfein restricted stock valued at $7.2 million as of Friday's close as part of his 2011 compensation.

Winners & Losers From This Week In Business - Fri, 03 Feb 2012
Here's Deal Journal's scorecard of some of the week's biggest winners and losers in the world of business, M&A, and banking.

Carlyle Drops Controversial Arbitration Clause - Fri, 03 Feb 2012
The Carlyle Group has dropped a controversial forced arbitration clause that would have stripped investors of the ability to hold the private-equity firm publicly accountable for fraud, misconduct or negligence in a court of law.

Facebook v. the Market: Who’s Fueling Who? - Fri, 03 Feb 2012
Let’s call this the Facebook effect.

Stock markets are surging today and the Nasdaq has hit its highest point since 2001. Of course, a lot of that is thanks to the stellar jobs report today. But Facebook’s IPO filing also appears to be fueling some of the excitement, acting as something of an indicator that the market, for tech stocks at least, has room to run. Nasdaq, typically thought of as a tech-heavy index, has risen 3.5% since last Thursday's close, the day before news first broke Facebook would be filing this week. Yesterday, the first session since Facebook filed its documents, the Nasdaq jumped, besting the S&P 500's gains and the Dow's drop. Typically when a company is plotting to launch itself onto the public markets, it sizes up when to sell based on market conditions. Few companies want to go public when the markets are stuck in a bad mood.

Falcone’s Harbinger Capital Down 47% in 2011 - Fri, 03 Feb 2012
Phil Falcone's Harbinger Capital lost 47% last year in its biggest fund, the latest blow for the big-name investor.

CNN Money News & Information

Disney employees now allowed to grow beards - Fri, 03 Feb 2012
Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.

Beat stress for less - Fri, 03 Feb 2012
This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health.

New York sues banks over foreclosures - Fri, 03 Feb 2012
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.

Micron CEO Steve Appleton dies in plane crash - Fri, 03 Feb 2012
Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.

Big drop in unemployment rate for blacks - Fri, 03 Feb 2012
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.

Reuters Financial News

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