Well take a look at all of those and more, and sell in may, go away. You know the saying. How is that old saying holding up . Were going to focus on value over growth. First, sue . Got your beats, sue . I do. I like that. For more than 3 billion, but what is beats, and what is behind . Why does apple want to make this acquisition in this space and with this company . Morgan brennan is live at an apples store for us. So beats electronics was founded in 2008, essentially two businesses under one umbrella. The flashy highend ear phones that actually retail in apple stores already, and actually already enjoy their own display table. The second is a music streaming platform, similar to pandora or spot i fill that Just Launched in january beats pulled in a reported 1. 3 billion last year, but this deal may be mostly about the brand, the brand of the cofounders theres celebrity dr. Dre, namesake of the who could become hiphops richest man, but also the cofounder. As part of this deal, he is r
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time of the break of the buck back in the crisis, that was it. it could provide new ammunition for mary schahapiro trying to introduce reforms. and russell wasen dorve sr., founder and ceo of peregrine financial has been indicted on 31 kounds 3 31 counts of lying to regulators, this a little after a month when he attempted to commit suicide. he faces up to 155 years in prison, joe. i don t know what to say. lying is a bad thing. well, we will never run out of stuff for american greed. good for us, but bad for people that get bilked. right. very bad. i m excited we ll do home depot. excited to have you come over. i m going to walk. walk and talk. one of your great strengths, i can talk to you about groupon and have you had experience with groupon, right? you have i have been on groupon, bought from groupon, written about groupon. but you ve gotten stuff in your e-mail thing. yes, i have. and it says this is the deal, and you said like that deal. i lik
burden of proof. and mr. kernan, that s going to be i don t know if it s a controversial decision, but i imagine people are going to still be debating that one for a long time, fairly or not. i m learning what post-modernism is now, andrew, in the wall street journal. and it s interesting, because it s basically the idea, it s a literary theory that you really reject anything that s objectively true and you realize that everything is a matter of interpretation in relative truth, and they use this as call the president the first post-modern president, because basically, the thrust of the journal piece is the challenge is that finding anything that his campaign says that is true. that s the challenge, to find anything that s true, and it s talking about that commercial basically where a man accuses mitt romney of killing his wife, essentially. and the funny part here is that at least the obama tiers didn t suggest that romney was the direct biological cause of the cance
general, andrew. blocking people on twitter, suing people in general. people are made to be sued. i m more excited about the we ve got to talk about this battery company. the chinese battery company. chinese company buying a u.s. battery company. it wasn t before. the obama administration has put a lot of money into this and now who s going to get the technology and the company? this is the latest in a series of things that s very difficult to decide what type of industry you re going to create when it s just not being created by market forces. this is unfortunately what happens. i don t know how much we, taxpayers, have put into it but the chinese are going to end up with a lot of the innovations and kind of step in and save it. classic. in other news this morning, more homes entering foreclosure process in july. lenders are tackling a backlog of mortgages that have gone unpaid. according to realty track, the number of homes hit with an initial notice of defaul
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