Business

Sorry Facebook: Wall Street doesn’t want to “friend” you. The social-media giant’s long-awaited initial public offering took place yesterday with the most fanfare in history but failed to produce the massive stock-price “pop” many investors had expected. “This is like kissing your sister,” John Fitzgibbon of research firm IPO Scoop told the Associated Press. “With all the drumbeats and hype, I...

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As the days get longer and the weather gets warmer, many workers yearn to leave the constraints of their office or cubicle and enjoy the outdoors. But if you're unemployed during the summer, chances are you'd be happy to trade in the mild temperatures for the office environment.

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(Reuters) - The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with the probe told Reuters. The agency will soon disclose the existence of the investigation, the source said on Friday. Earlier on Friday, the New York Times reported that the CFTC had opened an enforcement case, quoting people briefed on the matter. The CFTC would join the FBI and the U.S. ...

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Litigation involving the recalled DePuy ASR hip will be underway in early November or December 2012, pending a plaintiff's motion filed Monday, May 14. Sacramento, CA (PRWEB) May 18, 2012 Monday, attorneys at Kershaw, Cutter & Ratinoff initiated an early trial date for a lawsuit* involving the DePuy ASR hip replacement recall. It will likely be one of the first of more than 7,000 DePuy ASR cases in the country to be tried before a jury. KCR's...

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The US president backed his new French counterpart's focus on economic growth as G8 leaders met for a summit overshadowed by fears of Greece's possible exit from the eurozone.

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A Greek exit from the euro currency threatens to push Britain into a recession equal to that suffered after the 2008 financial collapse, the Government's chief economic forecaster has said.

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(Reuters) - The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with the probe told Reuters. The agency will soon disclose the existence of the investigation, the source said on Friday. Earlier on Friday, the New York Times reported that the CFTC had opened an enforcement case, quoting people briefed on the matter. The CFTC would join the FBI and the U.S. ...

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(Reuters) - The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with the probe told Reuters. The agency will soon disclose the existence of the investigation, the source said on Friday. Earlier on Friday, the New York Times reported that the CFTC had opened an enforcement case, quoting people briefed on the matter. The CFTC would join the FBI and the U.S. ...

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We asked Silicon Valley venture...

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Facebook's flat performance on its first day of trading raises questions about the stock's prospects.There wasn't much to like about Facebook's first day as a public company.

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