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A debate: Should you jump in on Facebook debut?

May 19, 2012 • BusinessComments Off

A television photographer shoots the Like sign outside of Facebook headquarters in Menlo Park, Calif., Friday, May 18, 2012. Facebook CEO Mark Zuckerberg symbolically opened trading on the Nasdaq stock market inside Facebook headquarters in Menlo Park. Facebook stock is starting trading today, available to the general public for the first time. The social...

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Spain may have to revise its 2011 budget deficit

May 19, 2012 • BusinessComments Off

Brokers look at a screen inside the Spanish Stock Exchange in Madrid, Friday May 18, 2012. Spain’s stock market flirted with seven-year lows Friday as investors continued to worry about the stability of the eurozone’s financial system in light of...

Major league teams working on social media message

May 19, 2012 • BusinessComments Off

ADVANCE FOR WEEKEND EDITIONS, MAY 19-20 – In this photo taken May 16, 2012, tweeters and bloggers attend the Chicago Cubs inaugural social media night event outside Wrigley Field in Chicago, before a baseball game between the Cubs and the Philadelphia...

America expands once again _ digitally, this time

May 19, 2012 • BusinessComments Off

The Chrysler Building is visible behind the animated facade of the Nasdaq MarketSite, welcoming the Facebook IPO, in New York’s Times Square, Friday, May 18, 2012. Facebook’s stock is trading up Friday, as investors seek to put a dollar value on...

Postal Service to begin closing plants this summer

May 18, 2012 • BusinessComments Off

In this photo taken May 15, 2012, in Hope, Alaska, Cherryl Stavish poses at her Winter Cafe restaurant. Stavish works Saturdays at the Hope Post Office, and says if the U.S. Postal Service follows through on its plan to cut the rural Alaska post...

House OKs continued war in Afghanistan

May 18, 2012 • BusinessComments Off

House Speaker John Boehner of Ohio takes questions during his weekly news conference on Capitol Hill in Washington, Thursday, May 17, 2012. (AP Photo/J. Scott Applewhite) WASHINGTON (AP) — The House endorsed the continued war in Afghanistan on Thursday...

Wal-Mart’s 1Q profit up 10.1 percent

May 18, 2012 • BusinessComments Off

FILE – In this Feb. 20, 2012, file photo, customers walk into and out of a Wal-Mart store in Methuen, Mass. Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates, reported Thursday, May 17, 2012....

Gap 1Q profit flat but outlook bright, shares rise

May 18, 2012 • BusinessComments Off

FILE – In this Feb. 21, 2012, file photo, people walk past a Gap store at the Derby Street Shoppes complex in Hingham, Mass. Gap Inc. is expected to report its earnings Thursday, May 17, 2012. (AP Photo/Stephan Savoia, File) NEW YORK (AP) — Revenue...

Caretaker Greek Cabinet, legislators sworn in

May 18, 2012 • BusinessComments Off

Members of parliament from the extreme right-wing Golden Dawn party, center background, remain seated as Greek Muslim lawmakers take the oath, not seen, during the swearing in ceremony at the Greek parliament in Athens, Thursday, May 17, 2012. Among the...

Bill would repeal vehicle asset limit for welfare

May 18, 2012 • BusinessComments Off

Assemblyman Roger Hernandez, D-West Covina, urged lawmakers to approve his bill that would end poor families in the CalWorks program from having to give up their car if it was worth more than $4,650, during the Assembly session at the Capitol at the Capitol...