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Business Headlines

On this page we've assembled links to stories from national business news sources including the Associated Press, CNN/Money, The Wall Street Journal, The New York Times and others.

Please let us know if you're aware of other important news sources we should add to this page.

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AP Business Headlines
NEW YORK (AP) -- It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday....
EDITOR'S NOTE - Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23. Two Associated Press business writers debate whether the stock is a smart buy....
NEW YORK (AP) -- Taking a company public isn't as simple as collecting Facebook friends....
MENLO PARK, Calif. (AP) -- In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt....
It's Facebook's big day....
      
Wall Street Journal Headlines
Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.
Lawyers for former Goldman Sachs director Rajat Gupta say he was estranged from convicted hedge-fund mogul Raj Rajaratnam at the time of some alleged tips. Prosecutors say the friendship broke down much later.
Space Exploration Technologies is set to launch the first private spacecraft seeking to dock with the International Space Station, carrying with it the aspirations of scores of other commercial space ventures.
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics.
Winnebago Industries received a $322 million takeover offer from a private-equity firm that wants to bring foreign car and truck assembly to the recreational vehicles maker.
      
CNNMoney Headlines
Facebook's stock market debut is finally here -- and investors jumped on the breathlessly hyped IPO, sending shares up almost 11% at the start of trade.
Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.
General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.
The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.
      
NY Times Business Headlines
Facebook’s $16 billion offering was the biggest I.P.O. that Nasdaq had ever listed. Now there are growing questions over how it was handled.

Excitement about Facebook did not keep the major indexes from losing ground for the third week in a row.

Over the last five years, Facebook employees have met with members of Congress and walked them through ways to best to use the Web site.

The federal investigation into JPMorgan Chase’s multibillion-dollar trading loss widened Friday as regulators pursued a new line of inquiry by the Commodity Futures Trading Commission.

While disappointing new investors who were betting on fast gains, Facebook had a wide winner's circle, creating huge paper gains for scores of early insiders, hundreds of employees and some stragglers who bought stakes recently.

      
USA Today Business Headlines
The Dow has fallen 12 of the past 13 trading days, including a loss of 156 points Thursday.


Investors left out of the Facebook IPO are getting a second chance, but some might question if they even want it.


First GM said it won't buy ads on Facebook, king of social media. Now it says it won't buy ads in the Super Bowl, big dog of old media.


Overall economic index included in the monthly Rural Mainstreet survey rose to 58.5 in May from April's already healthy 57.1.


Lexus has killed off its HS 250h compact hybrid sedan for slow sales.


      
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