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Gross sues PIMCO, Amazon takes on Etsy and Pandora buys Ticketfly

Yahoo Finance

U.S. stocks (^DJI, ^GSPC, ^IXIC) are under pressure today as investors wait for Fed minutes this afternoon and the unofficial start of earnings season when Alcoa (AA) reports after the bell. The IMF didn't help matters by suggesting global risk is at its highest since 2008/2009.

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Here are some of the other stories that Yahoo Finance is keeping an eye on today.

Bill Gross sues PIMCO
Bond guru Bill Gross is suing his former employer PIMCO for, according to some reports - at least $200 million. According to Bloomberg's Mary Childs who has obtained Gross' complaint he is "suing for hundreds of millions of dollars claiming he was wrongfully pushed out by a cabal of managing directors seeking a bigger slice of the bonus pool."

Amazon vs. Etsy
eCommerce giant Amazon (AMZN) is launching a new venture, Handmade at Amazon; a marketplace for those who make and sell their own goods. The move goes right up against the business model of Etsy (ETSY), a Brooklyn-based company that has struggled since going public earlier this year. Can the upstart David take on Amazon's Goliath?

Hillary Clinton and Wall Street
Much has been made of how cozy Hillary Clinton is with Wall Street, but if you look at the actual donor data, a very different picture is painted. Yahoo Finance's Rick Newman dug into the numbers and has the results on Midday Movers.

Pandora picks up TicketflyPandora (P) is making a big bet on live performances. The streaming music giant recently acquired ticketing company Ticketfly for $450 million in stock and cash.