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Prices of Facebook stock since long-awaited IPO

June 30, 2012 • BusinessComments (0)

FILE – In this Friday, May 18, 2012 file photo, electronic screens show the price of Facebook shares after they began trading in New York. A flood of analyst reports from the banks that led Facebook’s initial public offering gave the company’s stock a mix of “Neutral” and “Buy” ratings on Wednesday, June 27, 2012...

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Judge: Resolve Port of Portland dispute by Tuesday

June 30, 2012 • BusinessComments (0)

The Port of Portland’s Terminal 6 is shown Friday, June 29, 2012, in Portland, Ore. A federal judge has set a Tuesday deadline for a deal to end a dispute that has slowed the flow of cargo at the Port of Portland. At a hearing Friday, former Gov. Ted...

Christie signs $32B state budget, vetoes spending

June 30, 2012 • BusinessComments (0)

In this photograph provided by the governor’s office, New Jersey Gov. Chris Christie signs the 2013 Budget in his office at the Statehouse in Trenton, N.J. on Friday, June 29, 2012. Christie took a veto pen to the state budget Friday, slashing $361...

Peter Madoff pleads guilty in NYC, blames brother

June 30, 2012 • BusinessComments (0)

Peter Madoff leaves Federal Court on Friday, June 29, 2012 in New York after pleading guilty to criminal charges. Peter Madoff, the younger brother and business partner of disgraced financier Bernard Madoff pleaded guilty Friday to charges he doctored...

NJ company buys 60-year-old Salem power plant

June 30, 2012 • BusinessComments (0)

FILE – This Dec. 16, 2011 file photo shows Dominion’s Salem Harbor Power Station along the waterfront in Salem, Mass. New Jersey-based power company Footprint Power LLC on Friday, June 29, 2012 announced it acquired the 61-year-old coal- and...

Iconic Atari turns 40, tries to stay relevant

June 30, 2012 • BusinessComments (0)

FILE- In this June 5, 1984, file photo, a woman in Chicago demonstrates Atari’s new game, Mind Link, which utilizes a headband that picks up electrical impulse from the movement of the forehead and transmits them to a receiver attached to a video game...

New California budget crafted to influence voters

June 29, 2012 • BusinessComments (0)

Senate President Pro Tem Darrell Steinberg, D-Sacramento, discusses a bill on health care at the Capitol in Sacramento, Calif. Wednesday, June 27, 2012. The Legislature approved 21 budget implementing bills to deal with a $15.7 billion budget deficit. (AP...

Oracle's Ellison closes deal to buy Hawaii's Lanai

June 29, 2012 • BusinessComments (0)

FILE – In this Nov. 18, 2008 file photo courtesy of the The Lanai Times, a brush fire burns on the island of Lanai, Hawaii. Oracle Corp. CEO Larry Ellison has reached a deal to buy 98 percent of the island of Lanai from its current owner, Hawaii Gov....

News Corp. approves Murdoch plan to split company

June 29, 2012 • BusinessComments (0)

FILE- This combination of Associated Press file photos show a Fox Sports logo, left, and a person holding a copy of a Wall Street Journal, right. Rupert Murdoch’s News Corp. said Thursday, June 28, 2012, that it plans to split into two separate...

Nike 4Q net income falls on high costs

June 29, 2012 • BusinessComments (0)

In this Monday, March 19, 2012, photo, Nike shoes are displayed at Modell’s Sporting Goods, Monday, March 19, 2012, in Philadelphia. Nike says its fourth-quarter net income fell 8 percent as restructuring charges and higher raw material costs offset...