JP Morgan Chase apologizes to CongressNECN(NECN/NBC News: Tracie Potts) – On Wednesday, the embattled head of JP Morgan Chase heads to Capitol Hill to explain to congress how his bank lost $2 …
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Prices of Facebook stock since long-awaited IPO – CBS News
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Prices of Facebook stock since long-awaited IPOCBS NewsAlthough many investors had hoped for a big first-day pop, Facebook's stock opened on May 18 at $42.05 and fluctuated between $45 and $38 throughout the day. It closed barely above its IPO pric…
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At Play in Facebook’s New Sandbox – Huffington Post (blog)
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At Play in Facebook's New SandboxHuffington Post (blog)Too often in recent weeks, the media has referred to Facebook as an IPO and a busted investment opportunity. That is unfortunate, because it distracts us from the real importance of Mark Zucker…
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Facebook Looking at Opera Acquisition, Smartphone: Report – eWeek
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Techie InsiderFacebook Looking at Opera Acquisition, Smartphone: ReporteWeekNow that Facebook is a public company its investors will be looking ways to grow the site's revenues, particularly in the wake of a much-lauded but somewhat embarrassing IP…
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Post-Facebook: 21 Private Tech Companies Worth Over $1B Each; Will They All IPO? – Forbes
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ForbesPost-Facebook: 21 Private Tech Companies Worth Over $1B Each; Will They All IPO?ForbesIn some ways, the Facebook IPO feels like the crowning moment of the Web 2.0 era, following previous public debuts by LinkedIn, Groupon, Zynga, Pandora and Yelp…
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Zynga Trading Pauses Last Too Long Amid Facebook Trading Issues – San Francisco Chronicle
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VentureBeatZynga Trading Pauses Last Too Long Amid Facebook Trading IssuesSan Francisco ChronicleMay 18 (Bloomberg) — Zynga Inc. shares, paused for a volatility circuit breaker that was supposed to last five minutes, failed to resume until about 50 mi…
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Vacation? No thanks, boss – CNNMoney
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My Fox 8Vacation? No thanks, bossCNNMoneyBy Annalyn Censky @CNNMoney May 18, 2012: 5:48 AM ET Unlike many other nations, the US does not require companies to offer paid time off to workers. Americans who are offered vacation often don't take it. Cl…
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TREASURIES-US bonds steady on Europe fears, US data – Reuters
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WTAE PittsburghTREASURIES-US bonds steady on Europe fears, US dataReuters| TOKYO May 18 (Reuters) – US Treasuries were steady in Asia on Friday, well-supported by fears about Greece and Spain as well as growing doubts about the strength of the US econo…
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U.S. stocks decline as Greece offsets data – MarketWatch
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U.S. stocks decline as Greece offsets dataMarketWatchBy MarketWatch US stocks relinquished gains Wednesday as worries about Greece overtook enthusiasm that came with data casting a positive light on US industrial production and housing. See full story….
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FBI confirms JPMorgan Chase probe – AFP
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AFPFBI confirms JPMorgan Chase probeAFPWASHINGTON — FBI chief Robert Mueller confirmed Wednesday that his agency had opened a "preliminary" probe into JPMorgan Chase's multibillion-dollar trading loss. "All I can say is that we hav…
