BOSTON (TheStreet) -- Riots in Greece following a vote on austerity measures lead your quick fix of company, market, economic and investing news for Monday, Feb. 13.
Monday's 5 Biggest Stories
Greek leaders vote in favor of austerity measures, riots ensue, buildings burn. Rinse, repeat. [Bloomberg]
The drama isn't over yet. Greek ministers who voted against the measures will likely be replaced. How's that for democracy? [WSJ]
Meanwhile, Antonis Samaras, who will likely become Greece's next prime minister after April elections, demands that the bailouts be renegotiated. Here we go again. [The Guardian]Talk about kicking the can down the road: China tells its banks to roll over loans to local governments. How do you say "Extend and pretend" in Chinese? [FT] Former Fed Chairman Paul Volcker is set to speak out in favor of the pesky bank rule that bears his name. [WSJ]
Company NewsApple (AAPL) has been warned again about using "iTV" as a name for one of its products. [Telegraph] General Electric (GE) plans to hire 5,000 U.S. military veterans. [Reuters]
MarketsSeriously, guys. We have to start worrying about the transports, down 1.2% this month even as the broader market is up 1.3%. [WSJ] Britain will avoid a recession, although growth won't be anything to get excited about. [MarketWatch]
Investment StrategyWhat should we make of Nuance (NUAN) after the recent selloff? [MarketWatch] Perhaps you should think twice about listening to Warren Buffett talk about bonds. [Business Insider]
Odds and EndsFlorida firemen likely aren't wearing Ralph Lauren (RL) on their days off. [Footnoted] Yep, Whitney Houston is dead. And I'm sure everyone on Facebook and Twitter linked to this video this weekend, but I don't care. [YouTube] -- Written by Robert Holmes in Boston.
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