Investor’s Business Daily – Taiwan’s stock market this week bounded the most in 17 years after the island allowed Chinese institutional investors to buy its stocks for the first time since a civil war ended six decades ago.
AP – April was Wall Street’s best month in nine years ? offering some of the most powerful evidence yet that maybe, just maybe, the economy is about to begin a turnaround.
AP – Sal Iannuzzi, the chief executive of Monster Worldwide Inc., received compensation in 2008 valued at $8.2 million ? a 37 percent decline from the year before ? according to an Associated Press analysis of a Wednesday SEC filing.
AP – Chrysler’s bankruptcy put only a small dent in Wall Street’s rally. The Dow Jones industrial average gave up early gains and ended only moderately lower on Thursday after President Barack Obama confirmed that Chrysler LLC will be going through a bankruptcy reorganization. The announcement was not surprising to investors, though, and the Dow still capped the month of April with a robust gain of 7.4 percent.
Reuters – The Dow and S&P 500 fell on Thursday after Chrysler’s bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.
