US Business- Latest US Business headlines

msnbc.com: U.S. business
JPMorgan's Dimon to testify before Senate panel

JPMorgan's Dimon to testify before Senate panel

JPMorgan Chase CEO Jamie Dimon will be heading to Washington to testify before a Senate Committee investigating massive trading losses recently announced by the bank.
Facebook looking at price of $38 a share as IPO approaches

Facebook looking at price of $38 a share as IPO approaches

Facebook was�on the verge of going public Thursday at $38 a share, raising more than $16 billion in a landmark public offering that would value the company at more than $100 billion.
Here's how you get a piece of Facebook

Here's how you get a piece of Facebook

Excitement is mounting for Facebook?s expected debut on financial markets Friday. So if you?re an individual investor, can you get a piece of the action, and should you?
Sponsored By:

Sponsored By:
Mark Zuckerberg, in 2004, about his new website

Mark Zuckerberg, in 2004, about his new website

In this 2004 interview with Becky Quick, Mark Zuckerberg's talks about his new social media site -- a plucky startup called Facebook.

BusinessWeek -- Most Popular Stories
Which Is America's Best City?

Which Is America's Best City?
Apple's Supply-Chain Secret? Hoard Lasers

Apple's Supply-Chain Secret? Hoard Lasers
Suze Orman, Debit-Card Dealer

Suze Orman, Debit-Card Dealer
Hallucinogens Legally Sold as 'Bath Salts' a New Threat

Hallucinogens Legally Sold as 'Bath Salts' a New Threat
Ocean City, Md.: America's Most Affordable Fun City

Ocean City, Md.: America's Most Affordable Fun City

Forbes.com: Most popular stories
Legendary Jim Rogers: Brokers Going Broke, Farmers Will Become Rich - Very Rich!

Legendary Jim Rogers: Brokers Going Broke, Farmers Will Become Rich - Very Rich!

You can't eat press releases -- better learn to drive a tractor, says Quantum Fund co-founder and renowned international investing expert Jim Rogers.
The Claims Against Gold Still Aren't Sticking

The Claims Against Gold Still Aren't Sticking

The warhorse that gold caused the Great Depression is particularly misleading.
Just Who Should Control Your Healthcare Spending?

Just Who Should Control Your Healthcare Spending?

What simple health care reform has reduced medical costs by up to 30%, while preserving quality of care?
Eduardo Saverin, Not The U.S. Government, Is Entitled To The Wealth He Earned

Eduardo Saverin, Not The U.S. Government, Is Entitled To The Wealth He Earned

Facebook is going public and a number of people are going to get very rich. But one of them, Eduardo Saverin, will no longer be an American citizen.
Give Greece What It Deserves: Communism

Give Greece What It Deserves: Communism

The world needs a contemporary example of communism in action.

USATODAY.com Feed
Report: Hewlett-Packard to slash 25,000 workers

Report: Hewlett-Packard to slash 25,000 workers

Hewlett-Packard is considering eliminating up to 25,000 jobs to slash costs and help the venerable tech company cope with declining demand.
Facebook prices its IPO at $38, could raise $16 billion

Facebook prices its IPO at $38, could raise $16 billion

Among the company's priorities: diversify its sources of revenue and boost its presence in mobile ads, social commerce and social gaming.
Investing: Speculate on euro if you must; however . . .

Investing: Speculate on euro if you must; however . . .

The mutual fund industry has provided you with several ways to play the euro. Nearly all of them are stupid.
Yields hit record low: Fears ratchet up Treasury traffic

Yields hit record low: Fears ratchet up Treasury traffic

Bonds issued by Uncle Sam are once again risk-averse investors' best friend.
Unlike the East, gas prices stay stubbornly high out West

Unlike the East, gas prices stay stubbornly high out West

Declining prices for crude oil have brought relief at the gas pump for much of the nation, but not for drivers on the West Coast.

WSJ.com: US Business
Facebook Prices Its IPO at $38

Facebook Prices Its IPO at $38

Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion. It tried floating higher numbers to investors but was rebuffed.
$1 Billion Club Gets Crowded

$1 Billion Club Gets Crowded

At least 20 closely held U.S. start-ups backed by venture capital are now valued at $1 billion or more, Pinterest and Evernote among them. During the frothy days of the 1990s dot-com bubble, there were just 18 such start-ups valued at $1 billion or more.
H-P to Slash Work Force

H-P to Slash Work Force

Hewlett-Packard plans to cut its workforce by 25,000 to 30,000 employees, a record number for the venerable tech giant as it grapples with declining revenue and profits.
U.S. Orders Duties on Chinese Solar Panels

U.S. Orders Duties on Chinese Solar Panels

Trade tensions between the U.S. and China are likely to ratchet up after the Commerce Department found several Chinese solar-panel companies guilty of dumping and slapped 31% tariffs on their products.
Pension Fund Targets Chesapeake Directors

Pension Fund Targets Chesapeake Directors

The custodian of a group of New York City pension funds is calling on Chesapeake Energy shareholders to vote against two board members, saying they failed to check the CEO's controversial financial activies.

Reuters: Business News
Stock index futures point to modest rebound

Stock index futures point to modest rebound

U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 and the Dow Jones up 0.2 percent and Nasdaq futures up 0.3 percent at 4:41 a.m. EDT.
Euro zone fears propel dollar, global shares in red for year

Euro zone fears propel dollar, global shares in red for year

LONDON (Reuters) - The U.S. dollar climbed, world shares fell and German borrowing costs hit record lows on Friday as a deepening Spanish banking crisis, uncertainty about Greece's future in the euro zone and lackluster U.S. data provoked a rush for safe-haven assets.
Investors brace for Facebook debut on Wall Street

Investors brace for Facebook debut on Wall Street

(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.
Spain beset by bank crisis, downgrades, bond pressure

Spain beset by bank crisis, downgrades, bond pressure

MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut.
China cries foul after U.S. sets tariffs on solar imports

China cries foul after U.S. sets tariffs on solar imports

(Reuters) - The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of trade disputes between the world's two biggest economies and sparking accusations by Beijing of protectionism.

Boston.com -- Top business news
Companies ask: Does advertising on Facebook pay?

Companies ask: Does advertising on Facebook pay?

Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest automakers: Does it pay to advertise on the social network?
Facebook IPO creates tech giant

Facebook IPO creates tech giant

Here comes Facebook Inc., the $104 billion social network. In its highly anticipated initial public offering, Facebook sold 421 million shares at $38 each on Thursday. The offering generated $16 billion for the company and its private shareholders in the third-biggest stock debut in history.
Questions and answers on blockbuster Facebook IPO

Questions and answers on blockbuster Facebook IPO

A company started in a Harvard dorm room in 2004 has just raised $16 billion and is valued at $104 billion. All that from an initial public offering of stock.
High-risk video game venture has Rhode Island, Curt Schilling reeling

High-risk video game venture has Rhode Island, Curt Schilling reeling

After missing a $1.1 million payment and a plea from Schilling for more assistance, 38 Studios has said it does not not have enough money to pay its employees.
Facebook's IPO one of world's largest

Facebook's IPO one of world's largest

Facebook found more than enough friends. The world's definitive online social network said Thursday that it raised $16 billion for itself and its early investors in an initial public stock offering that values Facebook at $104 billion. That's more than Amazon.com and other well-known companies such as Kraft, Walt Disney and McDonald's .

MiamiHerald.com: Business
South Florida is marked down for companies looking for a new home

South Florida is marked down for companies looking for a new home

A corporate relocation study gives South Florida high marks in terms of affordability. Low taxes and depressed real estate prices help.
Broward mail-sorting operations to shift to Miami

Broward mail-sorting operations to shift to Miami

In an effort to stanch its gusher of red ink, the U.S. Postal Service announced Thursday it will close two major mail-processing centers in Broward and send their work to Miami.
Perry Ellis earnings exceed expectations

Perry Ellis earnings exceed expectations

Despite a decline in first quarter revenues and profits, Perry Ellis International exceeded analysts expectations as the company focused on restructuring and revamping its core brands.
Facebook’s Saverin parlays $30,000 life savings into $3 billion

Facebook’s Saverin parlays $30,000 life savings into $3 billion

Former Miami resident Eduardo Saverin, a co-founder of Facebook, will likely rake in $3 billion after Friday’s stock launch. Sheryl Sandberg, the company’s COO also raised in Miami, will make more than $1.8 billion.
New general manager at Loews Miami Beach Hotel

New general manager at Loews Miami Beach Hotel

The Loews Miami Beach Hotel has a new general manager: Alex Tonarelli, previously the hotel manager.

U.S. News - Money
Home Buyers Are Losing Bargaining Power: 5 Things to Know

Home Buyers Are Losing Bargaining Power: 5 Things to Know

As the housing market stabilizes, buyers aren't landing the discounts they once were, a new report says.
AARP Names 10 Best Employers for Workers Over Age 50

AARP Names 10 Best Employers for Workers Over Age 50

More older Americans are working or seeking work than before the recession began
Why Boomers Will Retire More Comfortably Than Their Parents

Why Boomers Will Retire More Comfortably Than Their Parents

This generation still has a lot to look forward to despite financial strains.
How to Make a Bad Job Less Bad

How to Make a Bad Job Less Bad

Improve your current situation while laying the groundwork for something new.
Mutual Fund Bill Remains in Congressional Limbo

Mutual Fund Bill Remains in Congressional Limbo

Perennial initiative shares many of Obama's goals for retirement savings.

ABC News: Money
Facebook IPO Day Finally Arrives

Facebook IPO Day Finally Arrives

Facebook's initial public offering, the biggest and most anticipated IPO for a U.S. technology firm, has garnered the attention of high school students to professionals, many of whom are likely among the 901 million monthly users of the social media site. But long before the IPO launches this morning to the public, investors with enough money or connections have already been buying and selling shares of the eight-year old tech firm.
Saverin Defends Citizenship Move

Saverin Defends Citizenship Move

Facebook co-founder Saverin defended relinquishing his U.S. citizenship.
Facebook IPO Price: $38 Per Share

Facebook IPO Price: $38 Per Share

Facebook initial public offering of common stock will be priced at $38 a share.
Kalashnikov Hopes to Sell Clothes to Die For

Kalashnikov Hopes to Sell Clothes to Die For

ABC News? Kirit Radia reports: MOSCOW ? Looking to update your summer wardrobe? The makers of the AK-47 assault rifle may soon have something in your size. The company which produces one of the world?s most popular automatic weapons is in talks with the family...
Drill Baby Drill, Obama Tells Oil

Drill Baby Drill, Obama Tells Oil

After a drumbeat of complaints from energy producers that the Obama administration is blocking domestic oil and gas production, the Interior department released a report claiming that U.S. oil and gas producers are sitting on millions of acres of idle government leases.

FOXBusiness.com
European Shares Set for Worst Weekly Slide Since November

European Shares Set for Worst Weekly Slide Since November

European markets have been pounded this week by growing concerns that the deepening crisis in Greece will infect other weak eurozone countries.
Spanish Bad-Loans Ratio Hit 17-Year High In March

Spanish Bad-Loans Ratio Hit 17-Year High In March

Bad debts held by Spanish banks rose to a 17-year high in March and the cost of insuring the debt of two major Spanish banks against default hit a record Friday, underscoring the continuing challenges posed by the country's five-year property slump.
Russia Gold Reserves At 28.8 Million Ounces As Of May 1

Russia Gold Reserves At 28.8 Million Ounces As Of May 1

Russia's gold reserve as of May 1 was 28.8 million troy ounces, the same as on April 1, the Central Bank of Russia reported Friday.
Polish Central Bank Chief Lashes Out At Debt-Driven Economies

Polish Central Bank Chief Lashes Out At Debt-Driven Economies

Economic growth driven by domestic savings and supported by stronger cross-border regulation of banks should replace the debt-driven model of the past, the governor of the National Bank of Poland said Friday.
Fresnillo: Gold, Silver Price Uncertain But Committed To Projects

Fresnillo: Gold, Silver Price Uncertain But Committed To Projects

The chairman of Mexican precious metals producer Fresnillo PLC (FRES.LN) said Friday that it remains committed to investing in exploration and new projects despite uncertainty regarding gold and silver price forecasts for the remainder of the year.

Business and financial news - CNNMoney.com
GREEK BANKS FEEL STRAIN

GREEK BANKS FEEL STRAIN

The Greek financial system is straining hard for cash.
Check futures and world markets

Check futures and world markets
Greece downgraded deeper into junk

Greece downgraded deeper into junk

The credit rating on Greece's government debt was downgraded deeper into junk bond territory on Thursday.
Moody's downgrades Spanish banks

Moody's downgrades Spanish banks

Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe.
Stocks: Facebook IPO vs. Europe worries

Stocks: Facebook IPO vs. Europe worries

U.S. stocks were poised for a mixed open Friday as investor excitement over the Facebook initial public offering was tempered by continued worries about the European sovereign debt crisis.

EIN News
IMPORTANT NOTICE: The URL for this RSS feed has changed. Click here to get the updated URL. (Note: This RSS feed is available to EIN News subscribers only.)

IMPORTANT NOTICE: The URL for this RSS feed has changed. Click here to get the updated URL. (Note: This RSS feed is available to EIN News subscribers only.)

Financial Times - US homepage
Global equities extend losing streak

Global equities extend losing streak

Growth assets shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds to record lows
Facebook trading likely to be volatile

Facebook trading likely to be volatile

Some experts predict that the strong initial pricing of the social networking group?s shares will limit their first day ?pop?
Spain taps Goldman to value Bankia

Spain taps Goldman to value Bankia

US investment bank will advise on the recapitalisation of the part-nationalised bank, with analysts predicting it will need up to ?15bn in new equity
Merkel faces G8 isolation on eurozone

Merkel faces G8 isolation on eurozone

Billed as a euro crisis summit, world leaders at Camp David are expected to push the German chancellor on measures to stimulate growth in Europe
Iran helps Syria defy oil embargo

Iran helps Syria defy oil embargo

A tanker attempts to evade detection by switching flags and ownership, as it assists the Assad regime in bypassing international sanctions

Business News
Mary Richardson Kennedy's death amplifies turmoil

Mary Richardson Kennedy's death amplifies turmoil

Bedford, N.Y. -- Every family has its share of pain and triumph. And then there are the Kennedys.
BSkyB Buys Back 0.46 Million Shares/Average 691.05P

BSkyB Buys Back 0.46 Million Shares/Average 691.05P

British Sky Broadcasting Group PLC said Friday that on May 17 it purchased 460,000 of its ordinary shares for cancellation at an average price of 691.0500 pence per share.
Japan launches rocket with first foreign satellite

Japan launches rocket with first foreign satellite

A rocket has lifted off in Japan in the country's first commercial launch of a foreign satellite - one from South Korea designed to monitor the environment.
Good Government Spending: Myth Busted

Good Government Spending: Myth Busted

He's pushing back against Republicans who are calling for immediate budget cuts and long-term reform for social security and Medicare.
Congress Killed Expatriate Tax Once Before in 1995

Congress Killed Expatriate Tax Once Before in 1995

NEW YORK -- Sen. Chuck Schumer and Sen. Bob Casey announced plans Thursday to unveil their proposed "Ex-PATRIOT" or "Expatriation Prevention by Abolishing Tax-Related Incentives for Offshore Tenancy" legislation seeking to re-impose taxes on ex-citizens. Back in 1995, President Bill Clinton spoke on multiple occasions about this topic and the ... (more)

us business news - Google News

Wal-Mart's 1Q profit up 10.1 per cent as US business rebounds - CanadianBusiness.com

Financial Times

Wal-Mart's 1Q profit up 10.1 per cent as US business rebounds
CanadianBusiness.com
The strong results signal a turnaround at Wal-Mart's US business, which had suffered during the economic downturn as its core low-income customers were hit hard by joblessness and other challenges. Adding to that, the business, which accounts for 62 ...
Wal-Mart's 1Q profit up 10.1 percent as US business reboundsWashington Post
Wal-Mart profit jumps 10.1%Albany Times Union
Wal-Mart Up On US Sales, Dollar Tree Guides Q2 LowInvestor's Business Daily
Bakersfield Now -BusinessWeek -The Associated Press
all 768 news articles »

Stagecoach expands in US with Coach America deal - Reuters

BBC News

Stagecoach expands in US with Coach America deal
Reuters
L) has agreed to buy some of struggling Coach America's US businesses, helping it grow its rapidly expanding North America operation. Scotland-based Stagecoach said on Friday it had agreed to buy nine of Coach America's businesses, including operations ...
Stagecoach in �100m US expansionBBC News
Stagecoach buys US coach firm in �100m dealScotsman

all 10 news articles »

Sears to focus on U.S. business - Leader-Telegram

Globe and Mail

Sears to focus on U.S. business
Leader-Telegram
The troubled retailer also said it would spin off a stake in its Canada unit to focus on turning around its US business. The Hoffman Estates, Ill., company, which runs Sears, Kmart and Lands' End, earned $189 million, or $1.78 per share, for the period ...
Sears Canada CEO shrugs off parent company's massive unloading of stockToronto Star
Sears to partly spin off Canada businessGlobe and Mail
Sears to shed Canada unit, focus on USNWAOnline (subscription)

all 94 news articles »

US firms eye Myanmar as sanctions suspended - Reuters

CTV.ca

US firms eye Myanmar as sanctions suspended
Reuters
"Today we say to American business: invest in Burma and do it responsibly," Secretary of State Hillary Clinton said at a news briefing on Thursday with Myanmar's Foreign Minister Wunna Maung Lwin, on his long-isolated nation's first official visit to ...
US Names Ambassador to MyanmarWall Street Journal
As Relations Warm With Myanmar, US Will Ease Trade LimitsNew York Times
Over Objections, US Lifts Myanmar Investment BanInter Press Service
The Associated Press
all 1,074 news articles »

Wal-Mart bounces back in Q1 - Winnipeg Free Press

Wal-Mart bounces back in Q1
Winnipeg Free Press
NEW YORK -- Wal-Mart's US business finally got its groove back. Wal-Mart Stores Inc. reported a 10.1 per cent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove US shoppers into its stores.

us business news - Yahoo! News Search Results
Business in Vancouver relaunched with redesign

Business in Vancouver relaunched with redesign

Over the past nine months, the 23-year-old award-winning business news publication Business in Vancouver has been undergoing a complete reinvention of its weekly newspaper and website.
Australian business news review - May 18

Australian business news review - May 18

Today's financial news from the papers.
Morning business news May 18

Morning business news May 18

Liam Casey of PCH International spoke to Morning Ireland this morning about the creation of a supply chain company feeding the constant demand for smartphone, e-readers and tablet.
International Business Times Names Scott Miller Senior Vice President of Sales

International Business Times Names Scott Miller Senior Vice President of Sales

NEW YORK, May 16, 2012 /PRNewswire/ --�Etienne Uzac, Chief Executive Officer & Publisher of The International Business Times Inc. ( http://www.ibtimes.com/ ), a global digital news organization, today ...
Wal-Mart's 1Q profit up 10.1 per cent as US business rebounds

Wal-Mart's 1Q profit up 10.1 per cent as US business rebounds

By Anne D'Innocenzio, The Associated Press NEW YORK, N.Y. - Wal-Mart's U.S. business finally got its groove back. Wal-Mart Stores Inc. reported a 10.1 per cent increase in first-quarter profit that beat ...

Rocket News � Business
RBC, Credit Suisse among bidders for BofA wealth units: sources

RBC, Credit Suisse among bidders for BofA wealth units: sources

Need Discount Pharmacy? Get aDrug Discount Card from LifeSource Direct. By Saeed Azhar and Denny Thomas SINGAPORE/HONG KONG | Thu May 17, 2012 1:52am EDT SINGAPORE/HONG KONG (Reuters) – Royal Bank of Canada (RY.TO) and Credit Suisse (CSGN.VX) are among … Continue reading →
Analysis: U.S. bond bulls not ready to call off the charge

Analysis: U.S. bond bulls not ready to call off the charge

Need Discount Pharmacy? Get aDrug Discount Card from LifeSource Direct. By Steven C. Johnson NEW YORK | Thu May 17, 2012 12:14am EDT NEW YORK (Reuters) – They are the few, the brave, the unloved, and among big investors, their … Continue reading →
Japanese consumers lead economic rebound in first quarter

Japanese consumers lead economic rebound in first quarter

Need Discount Pharmacy? Get aDrug Discount Card from LifeSource Direct. By Rie Ishiguro and Leika Kihara TOKYO | Thu May 17, 2012 12:59am EDT TOKYO (Reuters) – Japan’s economy bounced back in the first quarter from a year-end lull, powering … Continue reading →
Europe drags down Wall Street a fourth day

Europe drags down Wall Street a fourth day

Need Discount Pharmacy? Get aDrug Discount Card from LifeSource Direct. By Chuck Mikolajczak NEW YORK | Wed May 16, 2012 9:04pm EDT NEW YORK (Reuters) – Stocks closed lower in a choppy session on Wednesday, with the SP 500 logging … Continue reading →
FBI probes JPMorgan, shareholders back Dimon

FBI probes JPMorgan, shareholders back Dimon

Need Discount Pharmacy? Get aDrug Discount Card from LifeSource Direct. By David Henry TAMPA, Florida | Tue May 15, 2012 9:08pm EDT TAMPA, Florida (Reuters) – The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, … Continue reading →