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Where are Facebook’s friends? Stock down after IPO

May 22, 2012 • BusinessComments Off

FILE – In a Friday, May 18, 2012 file photo, curious bystanders watch through the Nasdaq windows as Facebook shares begin trading, in New York. Facebook’s stock is sinking nearly 7 percent, Monday, May 21, 2012, falling below the $38 IPO price, in the social network’s second day of trading as a public company. (AP [&hellip...

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Ex-Syracuse hoops coach’s wife sues ESPN for libel

May 22, 2012 • BusinessComments Off

Laurie Fine, at podium, speaks during a news conference in Geneva, N.Y., Wednesday, May 16, 2012. The wife of fired Syracuse University assistant basketball coach Bernie Fine claimed that ESPN maliciously trampled her reputation by broadcasting salacious...

Allison’s Professional Carpet and Upholstery Cleaning can make spring cleaning easier

May 21, 2012 • Local Business ReviewComments Off

It’s spring! Now would be a great time to get your carpets and tile cleaned. Chelsie Allison (left) and Glenn Allison, of Allison’s Professional Carpet and Upholstery Cleaning, stand with one of their two service trucks. Call Allison’s...

Europe faces difficult search for growth

May 21, 2012 • BusinessComments Off

French President Francois Hollande, left, listens as U.S. President Barack Obama speaks at the start of the first working session of the G8 Summit at Camp David, Md., Saturday May 19, 2012. (AP Photo/Philippe Wojazer, Pool) WASHINGTON (AP) — On paper at...

Google exec hails ‘connectivity’ at BU graduation

May 21, 2012 • BusinessComments Off

Eric Schmidt, executive chairman of Google, delivers Boston University’s commencement address during graduation ceremonies on the school’s campus in Boston, Sunday, May 20, 2012. Schmidt received an honorary Doctor of Science degree during the...

Transferred GM workers adjust to life in Lansing

May 21, 2012 • BusinessComments Off

ADVANCE FOR MONDAY, MAY 21 AND THEREAFTER – In an April 25, 2012 photo, auto workers Scott Mitchell, left, and John Peila sit in Scott’s car after their shift at the General Motors Lansing Delta Township assembly in Delta Township, Mich. Every...

UN. nuclear agency chief heads to Tehran

May 21, 2012 • BusinessComments Off

Director General of the International Atomic Energy Agency, IAEA, Yukiya Amano from Japan and Herman Nackaerts, from left, of the IAEA the chief agency official in charge of the Iran file speak to the media before his flight to Iran at the Vienna...

Pa. health care company seeks gas drilling facts

May 21, 2012 • BusinessComments Off

FILE – In this Feb. 2, 2012 file photo, organic dairy farmer Siobhan Griffin stands in a field with her cows a field at Raindance Farm in Westville, N.Y. While other states are reaping the wealth of the Marcellus Shale, New York has had a moratorium on...

NY trial of ex-P&G, Goldman board member starts

May 21, 2012 • BusinessComments Off

In this Oct. 26, 2011 photo, Rajat Gupta exits Manhattan federal court in New York following arraignment. The insider trading trial of the former board member for Goldman Sachs and Procter & Gamble begins in New York on Monday, May 21, 2012, with jury...

German central bank warns of Greek risk exposure

May 21, 2012 • BusinessComments Off

FILE – In this March 13, 2012 file photo President of the German Central Bank Bundesbank Jens Weidmann speaks during the annual balance press conference in Frankfurt, central Germany. Bundesbank President Jens Weidmann warns Europe’s central banks...