Wednesday, July 9, 2014

Citigroup near mortgage deal, undergrad business ed booming, Apple loses in China

THE FORTUNE DAILY

Wednesday, July 9

The astounding boom in undergrad business education


Applications at the top-ranked business schools were up at nearly every institution this year, in some cases in the double digits.

Cupcake Shop Crumbs Crumbles


Crumbs Bake Shop announced it's closing down after major financial problems. The specialty cupcake shop is expected to declare bankruptcy.

Citigroup close to multi-billion dollar settlement in U.S. mortgage probe


Bank expected to pay billions to settle charges that it sold troubled mortgage securities.

Bookies clean up on Brazil's exit - but they're still whining


Oscar's late consolation goal is the caterpillar on British bookies' billion-dollar lettuce.

By Benjamin Snyder

Emergency in New York? Uber to stop charging crazy prices


Uber agreed to cap prices during emergencies to avoid accusations of price gouging.

By Laura Lorenzetti

A look back at classic deals of Sun Valley's past


As tech and media moguls descend on Sun Valley for Allen & Co.'s annual retreat Tuesday, here's a look back at some of the major deals in years past.

By JP Mangalindan

Why is BlackBerry's stock up 45% this year?


The smartphone maker may not be entirely down-and-out after all.
Fed minutes, earnings and Harry Potter — what to know today
Apple loses Round 1 of Siri patent case in China
Investors not betting against the market rally
Surge of Chinese deals drives Asia M&A to record high
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