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  • Shares of Weibo soar on debut

    Shares of Weibo soar on debut
    Shares of microblogging site Weibo surged as much as 44% on its first day of trading, a robust start for the first of three major Chinese tech companies planning initial public offerings in the U.S. this year.
  • Insurance premium subsidy boosted superintendent's pay to $772,457

    Insurance premium subsidy boosted superintendent's pay to $772,457
    An embattled South Bay school district leader, under investigation for his high compensation, now has a new issue to deal with: insurance premiums that should have been counted as taxable income, but were not. The Centinela Valley Union High School...

    Investment bank Moelis' stock jumps after scaled-down IPO

    Moelis & Co. climbed in its trading debut after raising less than planned in the first U.S. initial public offering of an investment bank since the financial crisis. The shares rose 4.6% to $26.15 on Wednesday after pricing at $25. Moelis raised $163...

    Letters: Why Dodger fans are blue

    Re "Cable spat could end as a home run," Column, April 11 The new Dodgers owners paid Frank McCourt way too much for the team. Time Warner Cable subsequently signed an obscenely rich contract with the Dodgers, figuring it could make a bundle by...

    Obamacare cost forecast is reduced 7% by U.S. fiscal watchdog

    Obamacare cost forecast is reduced 7% by U.S. fiscal watchdog
    WASHINGTON — Lower-than-expected health insurance premiums under Obamacare will help cut the long-term cost of the program 7% over the next decade, according to the latest report from the Congressional Budget Office. The government's reduction...