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New York Mayor Bloomberg takes aim at giant-sized sugary sodas
NEW YORK -- As one New York institution – the Stock Exchange – prepared to celebrate National Doughnut Day on Friday with a mass giveaway of Krispy Kremes, another New York institution – Mayor Michael Bloomberg – told the city it&...
Tags: NYSE, Food Industry, Obesity, MSNBC (tv network), Financial Markets
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Facebook's Mark Zuckerberg no longer among richest of rich [Video]
It took JPMorgan Chase months to lose about $2 billion. Facebook's Mark Zuckerberg -- always a go-getter -- did it in less than two weeks. The Big Z's personal wealth has taken such a big a hit that he's been knocked off the Bloomberg Billionaires Index,...
Tags: Mark Zuckerberg, Companies and Corporations, Economy, Business and Finance, Media Industry, Sony Corp.
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Facebook's stock price dives, and California could take hit
PolitiCalFacebook's stock has nosedived since the social media giant debuted on Wall Street earlier this month, and that's bad news for California's budget.... -
China says no to another massive stimulus plan to boost economy
BEIJING — China is dampening expectations that it will use another massive government stimulus to stimulate its economy, even as it's giving the green light to more infrastructure projects.
"The Chinese government's intention is very clear, it will...Tags: National Government, China, Finance, Economy, Business and Finance, Environmental Issues
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Europe worries stalk Wall Street; Dow loses 161
Fearing a financial rupture in Europe, investors around the world fled from risk Wednesday. They punished stocks and the euro, and the yield on a benchmark U.S. bond hit its lowest point since World War II. In the United States, where concerns about...
Tags: Federal Reserve, Petroleum Industry, Realty, Services and Shopping, Elections
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Stocks fall 1% in early trading on Wall Street
Major U.S. stock indexes tumbled 1% in early trading Wednesday amid worries over Spain's banking system and Chinese economic growth. The Dow Jones industrial average was down 140 points, or 1.1%, to 12,441 shortly after the opening bell. The broader...
Tags: Media Industry, Unemployment Benefits, Memorial Day
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Consumer confidence plunges in May
Americans' confidence in the U.S. economy suffered the biggest drop in eight months as worries about the weak jobs, housing and stock markets rattled them again. The decline comes after a few months of optimism amid some positive economic news.
The...Tags: Economic Indicator, Consumers, Consumer Confidence, Labor Markets
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Bears punish Facebook stock as options trading begins
The bears are out on Facebook Inc. The social networking giant's stock price closed down $3.07, or nearly 10%, to $28.84 on Tuesday. The precipitous drop began when Facebook went public May 18; since then shares have fallen 24%. Since the IPO, Chief...
Tags: NASDAQ, Financing and Stock Offerings, Morgan Stanley Dean Witter & Company, Mark Zuckerberg, Initial Public Offerings
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Facebook tanks to post-IPO low below $30 as other stocks rise
Wall Street returned from Memorial Day weekend without any more love for Facebook Inc., sending the newly public company’s stock down nearly 8% to a new post-IPO low. The social networking company was trading down 7.9% at $29.40 midday Tuesday in...
Tags: NASDAQ, Financing and Stock Offerings, Mark Zuckerberg, Morgan Stanley Dean Witter & Company, Consumer Confidence
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Spain's borrowing costs rise, stocks sink following bank rescue
World NowMADRID -- Spain's borrowing costs flirted with record highs Monday and stock prices sank on the first trading day since Madrid agreed to give $24 billion of taxpayers' money to rescue its largest real estate lender. The country's prime minister vigorously... -
Facebook's stumble may cool IPOs in Silicon Valley
SAN FRANCISCO — Outside Facebook's Silicon Valley campus is a giant sign with a hand giving a thumbs up.
It may be the only place on the planet where Facebook is getting one of those.
The company's initial public stock offering was supposed to...Tags: NASDAQ, Mark Zuckerberg, Employees, Initial Public Offerings, Career and Workplace
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Facebook's stock debut shows not all investors are equal
NEW YORK —Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble for the financial industry....
Tags: Initial Public Offerings, Finance, Economy, Business and Finance, Media Industry, Business Enterprises
May 31, 2012
|Story| Los Angeles Times
May 30, 2012
|Story| Los Angeles Times
May 30, 2012
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May 30, 2012
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May 30, 2012
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May 30, 2012
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May 29, 2012
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May 29, 2012
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May 29, 2012
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May 28, 2012
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May 28, 2012
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May 25, 2012
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