Jonathan Nackstrand | AFP | Getty Images

Facebook is making its big and long-anticipated move to grow its reach and take on Google’s DoubleClick. Its new Atlas advertiser tools, which it unveiled this morning, will allow advertisers to track and measure the impact of their campaigns—not just on Facebook, but across browsers and devices. The social giant is taking on Google, and particularly in mobile …

A CEO’s passion play

By day Thomas Farrell, the CEO of Dominion Resources, runs a company with 15,000 employees, but on nights and weekends over the past few years, he’s been pouring his soul and his own money into a movie called “Field of Lost Shoes.”

Market Monitor: David Rainey

Tonight’s Market Monitor says investors need to be more selective when choosing stocks in today’s market.

Munir Uz Zaman | AFP | Getty Images

The United States military is studying digital currencies like bitcoin to learn if they can be traced and to figure out how they are used by America’s adversaries around the world. CNBC has learned that the global policy counsel of the Bitcoin Foundation flew to Florida to meet with officials from U.S. Special Operations Command for a …

Recordings reveal NY Fed’s deference to banks: Report

After failing to prevent the financial crisis in 2008, the Federal Reserve Bank of New York hired a new round of bank examiners who were charged to enforce regulations at banks. One of the examiners was Carmen Segarra, who was hired in 2011 then fired seven months into her job—but not before she secretly recorded 46 hours …

Andrew Harrer | Bloomberg | Getty Images
Bill Gross

In a move that stunned Wall Street, bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday. Gross is leaving as chief investment officer of Pimco, the company he founded, after a remarkable 43-year tenure. Gross was about to be fired from the Newport Beach, California-based firm, due to what was termed …

NBR Thum

Tonight: Bill Gross, the man who built Pimco into a bond market powerhouse, abruptly leaves the firm. If you own any Pimco funds, what should you do now?

Nightly Business Report — September 26, 2014

Tonight on Nightly Business Report, Bill Gross, the man who built Pimco into a bond market powerhouse, abruptly leaves the firm. If you own any Pimco funds, what should you do now? And, the Dow Index closes out the week with five triple-digit moves. Our market monitor guest tonight has a list of stocks he …

MARKET_FOCUS_LOGO

Today’s stock stories: BBRY, YHOO, FINL & RSH.

Source: Starboard Value; Getty Images

Activist investor Starboard Value sent a letter to Yahoo CEO Marissa Mayer on Friday listing several opportunities to increase shareholder value and recommended that it merge with AOL. Starboard, which recently went after Darden for wasting money at its Olive Garden restaurants, said a tie-up between the two firms could “offer synergies of up to $1 billion” and reduce corporate overhead cost. …

Reuters
Bill Gross, co-founder and co-chief investment officer of Pimco, speaks in Chicago, June 19, 2014.

The sudden exit of Bill Gross from Pimco sparked a knee-jerk selloff in the Treasury market, a drop in Pimco closed-end funds and rallies in competitors’ shares as traders gamed whether the world’s largest bond house would see an exodus of investors and a repositioning in its funds. Treasury yields moved higher, with the 10-year going from …

Getty Images
Traders on the floor of the New York Stock Exchange.

U.S. stocks rose on Friday, rebounding after Wall Street’s hardest knock in nearly two months, as the government raised its estimate of economic growth in the second quarter and consumer sentiment rose in September. “If the economy continues to gain additional momentum, any surprises we get to earnings would be to the upside,” said Bruce …

Ken James | Bloomberg | Getty Images
The offices of the California Public Employees' Retirement System (Calpers) are shown in Sacramento, Calif.

Investors looking to follow the strategies of hedge fund heavyweights were the big winners when a major pension plan announced last week that it was cutting a $4 billion slate of high-cost managers, according to industry experts. The California Public Employees’ Retirement System is the largest public pension manager in the U.S., so its move …

Evgeny Sergeev | iStock | Getty Images

Hackers have successful exploited a major security flaw known as the Shellshock bug which has allowed them to hijack an internet server, cyber experts told CNBC. The Shellshock bug creates a vulnerability in Bash – a software that controls the command prompt on many computers running the Unix operating system – which includes Linux operating …

Source: Ello
Paul Budnitz's ID picture on Ello

The extremely rapid growth of Ello, an ad- and data-collection-free social network, already has some in the press referring to the company as a Facebook killer. And while there’s no denying the network is growing fast (currently about 27,000 people are signing up per hour, founder Paul Budnitz told CNBC), or that the site was launched, …