Some of the more interesting and important items for June 8th :
- Why Groupon’s IPO is no deal Brett Arends’ ROI – MarketWatch –
- Why Bill Gross insists interest rates are going up – The Tell – MarketWatch – Bill Gross, founder of PIMCO, says the differences between the U.S. and Japanese economies show why interest rates here have nowhere to go but up.<br />
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Speaking at the Morningstar Investor Conference, Gross noted that U.S. Treasuries are yielding 1.55%. “Compare it to the Japanese market which we know is a moribund, dead, lost-decade kind of economy,” Gross said, “and the Japanese bond yields .8%. Here we have the US with a dynamic economy, … with respect to their Treasury departments, the U.S. and Japan are just 80 or 90 basis points apart.” - Facebook’s Face-Recognition Tool Stirs Privacy Concerns – WSJ.com – By GEOFFREY A. FOWLER And CHRISTOPHER LAWTON<br />
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Facebook Inc. stoked fresh concerns from privacy advocates and lawmakers in the U.S. and Europe by rolling out technology that uses facial recognition to identify people in photos on its website. - Apple – iOS 5 – 200+ new features for iPad, iPhone, and iPod touch. –
- Apple’s Jobs takes stage to talk iCloud –
- Aston Martin Departs From Tradition With Cygnet – Video – Bloomberg – May 27 (Bloomberg) — Aston Martin, the maker of sports cars favored by Prince Charles and driven by James Bond, is departing from tradition with a city car based on Toyota Motor Corp.'s iQ subcompact to broaden its appeal and boost revenue. The Cygnet’s hand-stitched leather interiors and Aston Martin badge on the grill will persuade customers to pay 30,995 pounds ($50,500) for the model, the Gaydon, England-based
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