BOSTON (TheStreet) -- The death of Apple co-founder Steve Jobs leads your quick fix of company, market, economic and investing news for Thursday, Oct. 6. The computer pioneer, who was 56, passed away after suffering from pancreatic cancer.
The Big Story
The complete retrospective of
Steve Jobs' life
reflects on the life of Steve Jobs, offering a rare view into their friendship.
After the debacle over the
lost iPhone 4 prototype
, tech blogger Brian Lam looks back at his interactions with the benevolent head of the world's largest tech company.
The Wire Cutter
Quote of the Day
"Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart," Steve Jobs said during a commencement speech at Stanford University in 2005.
Dexia will be nationalized
, according to reports. Belgium is already telling France it won't foot the full bill.
at $33, so it should love it at $16.
The sluggish economy is reducing demand for medicines, says
as it cuts its profit forecast.
has seen its stock fall 25% in three days after investor withdrawals.
It's always QE time somewhere in the world. The
Bank of England
will pump another $115 billion into the U.K. economy.
Even Germany can't escape the contagion, with
German factory orders
dropping below estimates.
Speaking of Germany, Chancellor
will meet with IMF head
and World Bank chief
to have some tea, maybe some scones, and perhaps even chit-chat about that coordinated capital injection Europe is hoping for.
It will be much harder now for the
to clear the red zone.
No investor is actively engaged with
anymore, and that's a big problem.
Wait until a
for a better entry point before you increase your exposure.
If you believe in seasonal trends, a
buy signal is coming
Odds and Ends
President Obama's disapproval rating hits 55%, a record that reflects growing fears that the U.S. economy is getting worse.
Steve Jobs was a huge fan of the Beatles. I apologize if it seems too sentimental.
-- Written by Robert Holmes in Boston
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