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Where are Facebook's friends? Stock down after IPO - BusinessWeek

5/21/2012 10:51 PM

The Guardian

Where are Facebook's friends? Stock down after IPO
BusinessWeek
Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. Shares are down 11 percent in late morning trading. Investors and technology industry watchers are closely tracking ...
Nasdaq seen struggling with aftermath of Facebook IPOReuters
How Facebook could destroy the US economyMarketWatch
Facebook 11% Drop Means Morgan Stanley Gets Blame for Flop: TechBloomberg
Sydney Morning Herald -Kansas City Star -San Francisco Chronicle
all 1,881 news articles »

Germany insists no eurobonds to solve debt crisis - BusinessWeek

5/21/2012 10:51 PM

CTV.ca

Germany insists no eurobonds to solve debt crisis
BusinessWeek
A German official made clear on Monday that Berlin continues to oppose the idea of jointly-issued bonds for the 17-nation eurozone, which France's new president had suggested could be used to create much-needed economic growth and ease the region's ...
Secret 100 Billion Euros Aid Propping Up Greek BanksCNBC.com
FOREX-Euro rebound stalls, focus shifts to EU summitReuters
Asian Shares Rise; EU Summit Likely To Focus On Keeping Greece In Euro ZoneWall Street Journal
Washington Post -New York Times -Economic Times
all 3,224 news articles »

Small Plane Crashes in Calif. Neighborhood - ABC News

5/21/2012 10:11 PM

abc7news.com

Small Plane Crashes in Calif. Neighborhood
ABC News
A single-engine plane has crashed into a Southern California neighborhood, slicing through power lines but apparently not hitting any homes. Federal Aviation Administration spokesman Ian Gregor says the pilot of the Cessna 210 reported a rough-running ...
Small plane crashes in Glendale neighborhoodSan Francisco Chronicle

all 147 news articles »

Movers roundup: Avon, American Eagle Outfitters - BusinessWeek

5/21/2012 10:51 PM

Dividend.com

Movers roundup: Avon, American Eagle Outfitters
BusinessWeek
By AP -- Shares of Avon Products Inc. fell after an analyst said the beauty company will have to step up spending to fix the business as he downgraded the stock. The report comes after smaller beauty rival Coty Inc. dropped its $10.7 billion takeover ...
American Eagle rises on CFO departure, 77kids exitAtlanta Journal Constitution

all 98 news articles »

Yahoo to sell half of its Alibaba stake for $7.1B - BusinessWeek

5/21/2012 10:51 PM

Toronto Star

Yahoo to sell half of its Alibaba stake for $7.1B
BusinessWeek
Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. The deal, announced Sunday in the US, ...
Yahoo gets cash infusionKansas City Star
Yahoo to sell half of its Alibaba stake for $7.1 billionLos Angeles Times
Yahoo's $7.1B deal with Alibaba offers ray of hopeThe Associated Press
Wall Street Journal -Bloomberg -Washington Post
all 1,277 news articles »

Port Authority to debut customer service avatar at Newark, La Guardia and JFK ... - Washington Post

5/21/2012 8:00 PM

Port Authority to debut customer service avatar at Newark, La Guardia and JFK ...
Washington Post
NEWARK, NJ — She smiles, answers questions and can guide you to the nearest restroom or to your connecting flight. But don't try to shake her hand. That's because “she” is an avatar, the latest high-tech venture at the three major airports in the New ...

and more »

Chinese company to buy US movie theater chain AMC - BusinessWeek

5/21/2012 10:51 PM

AFP

Chinese company to buy US movie theater chain AMC
BusinessWeek
By JOE McDONALD A Chinese conglomerate announced Monday it will buy a major US cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. Dalian Wanda Group Co.'s purchase reflects the global ...
AMC deal will fulfill an old ambitionKansas City Star
Chinese firm to purchase movie theater chain AMCThe Advocate
Chinese company to buy AMC movie theaters, companiesWink News
TheCelebrityCafe.com -USA TODAY -Los Angeles Times
all 622 news articles »

Former Yahoo! executive charged with insider trading - Economic Times

5/21/2012 10:57 PM

AsiaOne

Former Yahoo! executive charged with insider trading
Economic Times
SAN FRANCISCO: US regulators on Monday announced that a former Yahoo! executive has agreed to plead guilty in an insider trading scheme that involved leaking word of the Internet search giant's pact with Microsoft. Robert Kwok was senior director of ...
Ex-Employee at Yahoo Pleads Guilty in Insider CaseWall Street Journal
Yahoo Executive, Hedge Fund Manager Plead Guilty, U.S. SaysBloomberg
Ex-Yahoo director, fund manager made illegal trades: USReuters
CNET -San Francisco Chronicle
all 108 news articles »

Asian Stocks, Metals Advance on Stimulus Optimism; Euro Weakens - San Francisco Chronicle

5/21/2012 10:58 PM

China Briefing

Asian Stocks, Metals Advance on Stimulus Optimism; Euro Weakens
San Francisco Chronicle
May 22 (Bloomberg) -- Asian stocks rose for a second day and metals advanced on speculation China and Europe will take steps to bolster economic growth. The euro weakened. The MSCI Asia Pacific Index advanced 1.2 percent as of 1:27 pm in Tokyo, ...
China's Stock Futures Rise on Spending Report, European OutlookBloomberg
Japan Stock Futures Rise as China Comments Spark Global ReboundBusinessWeek
Hong Kong Art Fair Reels in the Million-Dollar DealsNew York Times
Wall Street Journal -Reuters -MarketWatch
all 125 news articles »

JPMorgan Veered From Hedging Practices at Competing Banks - Bloomberg

5/21/2012 10:40 PM

Bloomberg

JPMorgan Veered From Hedging Practices at Competing Banks
Bloomberg
JPMorgan Chase & Co. (JPM)'s biggest US competitors say their corporate investment offices avoid the use of derivatives that led to the bank's $2 billion loss and buy fewer bonds exposed to credit risk. Bank of America Corp., Citigroup Inc. (C) and ...
JPMorgan stops stock buys, cites need for capitalSan Francisco Chronicle
Revived focus on regulation after JPMorgan lossAtlanta Journal Constitution

all 668 news articles »

Business
Market Breaks Losing Streak, With China’s Help	5/21/2012 5:03 PM
(NEW YORK) — Forget Facebook. This is still Apple‘s stock market. Apple — the world’s most valuable company — climbed nearly 6 percent on Monday, helping propel major U.S. stock indexes to gains after a week of losses. The Standard & Poor’s 500, where Apple accounts for 4 percent of the index, enjoyed its best [...]
Trial of Ex-Goldman Sachs Board Member Rajat Gupta Begins	5/21/2012 2:45 PM
(NEW YORK) — A former Goldman Sachs board member brazenly committed securities fraud by feeding confidential information about the investment bank to a high-flying hedge fund manager, who used it to make a killing on the stock market, a federal prosecutor said Monday at a closely watched insider trading trial. Rajat Gupta “threw away his duties, [...]
How to Find an Ecommerce Website Design Firm	5/21/2012 11:03 AM
An ecommerce site can be a terrific source of revenue for a small business, but the right design is critical to success. Jay Melone, CEO of DigitalXBridge, offers this advice for choosing an ecommerce site designer. Find a good fit: Need a large-scale technology platform? A solo freelancer probably can’t deliver the job in a [...]
Europe Stocks Up After G8 Vague on Europe Fix	5/21/2012 9:18 AM
MOSCOW (AP) — European stocks inched up Monday morning in spite of investors’ lingering concerns that the G-8 leaders had failed to provide a concrete plan to solve the European debt crisis. Traders both in Europe and Asia were kept on edge by worries about the economic future of Greece and whether it would exit [...]
Does China Have An Executive Compensation Problem?	5/21/2012 9:00 AM
Since China opened up to the world with its sweeping economic reforms in the late 1970s, and especially in the past decade as private-sector enterprises have mushroomed, the model of executive compensation in the country has increasingly mirrored ones in the United States and Europe. How is it, then, that Chinese executives are paid only [...]
Chinese Company to Buy Movie Theater Chain AMC	5/21/2012 7:50 AM
(BEIJING) — A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China’s biggest takeover of an American company to date. Dalian Wanda Group Co.’s purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are using acquisitions to speed their expansion [...]
Increase Profits by Streamlining Your Company	5/21/2012 7:38 AM
As a business becomes more complex, it gets difficult to trace costs. If you aren’t sure where your company is making money — or losing it — follow these two steps to simplify: Analyze profitability by offering or market. There are often large profit disparities among lines of business, brands, products, and customers. Knowing exactly where [...]
Europe Faces Difficult Search for Growth	5/21/2012 5:25 AM
WASHINGTON — On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part. Persistent political divisions — neatly bridged by a Group of Eight summit statement that advocates [...]
Why Warren Buffett is Buying Newspapers	5/21/2012 4:45 AM
The Oracle of Omaha acquired his hometown newspaper in January and just snapped up dozens more in a $142 million deal. This is supposed to be the fastest declining industry in America. What is Warren Buffett up to? Here’s why the deal makes a lot more sense than it appears: A “three corner pool shot” [...]
Why Edgy Marketing Puts Marketers on Edge	5/21/2012 4:45 AM
It all came down to a not-so-innocent nativity scene. Last week, Delta Airlines pulled ads from the Daily Show after the Catholic League complained about an image of a naked women with a manger between her legs. Delta Airlines did not confirm the reason for the pulled sponsorship. But the Catholic League had been flooding [...]

Yahoo! News - Top Stories
Whitney Houston's last recording released		5/21/2012 1:49 PM
Whitney Houston's final recording is being released.
Monti embraces dad of girl slain by school bomb		5/21/2012 1:47 PM
Italian Premier Mario Monti on Monday embraced the grieving father of a 16-year-old girl who was killed by a bomb blast outside her school in southern Italy.
Al-Qaeda linked suicide bomber kills 90 in Yemen		5/21/2012 1:47 PM
SANAA (Reuters) - A suicide bomber in army uniform killed more than 90 soldiers in the heart of the Yemeni capital on Monday and an al Qaeda affiliate threatened more strikes if a U.S.-backed campaign against militants in the front-line state did not stop. The attack, which also wounded more than 200 people, underscored the threat Yemen faces in its fight to dislodge Islamist militants entrenched in the south and threatening vital shipping lanes in the Gulf of Aden and the Red Sea. U.S. ...
The making of the term 'pink slime'		5/21/2012 1:47 PM
"Pink slime" was almost "pink paste" or "pink goo."
Man becomes 3rd to survive plunge at Niagara Falls		5/21/2012 1:47 PM
Authorities say a man plunged at least 180 feet over Niagara Falls and survived — only the third person known to have gone over without a safety device and lived.
Arrest in probe of LA County assessor's office		5/21/2012 1:42 PM
Corruption charges have been filed against a former Los Angeles County appraiser as part of a probe into influence peddling at the assessor's office.
12,500 police at Olympics as UK learns from riots		5/21/2012 1:39 PM
British police will deploy around 12,500 officers to protect the Olympics after being condemned for their lack of manpower and slow response to last year's U.K. riots.
'GMA' to add an afternoon weekday hour this summer		5/21/2012 1:38 PM
"Good Morning America" is reaching into the afternoon this summer.
Tons of pot found floating off Southern Calif.		5/21/2012 1:37 PM
Authorities say three and a half tons of marijuana have been found floating in the ocean off Southern California.
Mandel, Renacci donations subject of federal probe		5/21/2012 1:37 PM
Federal officials have investigated questionable campaign contributions to two Ohio officeholders, U.S. Rep. James Renacci (reh-NAY'-see) and state treasurer and U.S. Senate candidate Josh Mandel (man-DEHL').

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