Late rally erases steep losses on Wall Street
NEW YORK — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it started Wednesday.
May 23 2012 | Posted in AP News | Read More »
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APNewsBreak: NKorea upgrading rocket launch site
WASHINGTON — Satellite imagery shows North Korea is upgrading its old launch site in the secretive country’s northeast to handle larger rockets, like space launch vehicles and intercontinental missiles, a U.S. institute claimed Tuesday.
May 22 2012 | Posted in AP News | Read More »
Yahoo’s $7.1B deal with Alibaba offers ray of hope
SAN FRANCISCO — After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.
May 21 2012 | Posted in AP News | Read More »
Facebook falls flat in public debut
NEW YORK — After all the hype, Facebook’s first day as a public company ended where it began. In its much-anticipated debut on the Nasdaq Stock Market, Facebook’s stock closed Friday at $38.23, up 23 cents. It had been priced at $38 per share on Thursday night.
May 18 2012 | Posted in AP News | Read More »
Documents shed new light on Trayvon Martin killing
ORLANDO, Fla. — Trayvon Martin had marijuana in his system. He was shot through the heart at close range. George Zimmerman had a broken nose, bruises and bloody cuts on the back of his head.
May 17 2012 | Posted in AP News | Read More »
Facebook’s IPO one of world’s largest
NEW YORK — In one of the largest initial public offerings of stock ever, Facebook said Thursday that it is raising at least $16 billion for itself and its early investors in a transaction that values the world’s definitive online social network at $104 billion.
May 17 2012 | Posted in AP News | Read More »
Revolving door: Yahoo ushers out another CEO
SAN FRANCISCO — Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
May 14 2012 | Posted in AP News | Read More »
Stock market decline is muted, despite bank slump
JPMorgan’s surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, with smaller declines across the broader market as investors decided this was more of a problem for investment banks than for other industries.
May 11 2012 | Posted in AP News | Read More »