All Latest News Wires
- Health-care protest bills get Missouri OKHealth-care bills taking a swipe and President Obama's health-care program passed the Missouri legislature this week. One allows employers to refuse health insurance for birth control; the other would let voters decide whether to allow the creation of a health-insurance exchange.
- Facebook debut doesn't buoy stocks; Dow down 73The Dow lost 73 points to close at 12369 on Facebook's big day. The index fell 3.5 percent on the week.
- Protesters in Chicago call for 'Robin Hood' taxNurses and thousands of other marchers demand a 'Robin Hood' tax on financial transactions. More protests are expected ahead of a NATO summit in Chicago.
- China rails at 30 percent tariff on solar panelsChina says the US is "deliberately provoking trade friction in the clean energy sector." The US says Chinese exporters were dumping cut-price solar panels in the US market.
- Facebook IPO: Can it survive a downbeat market?Facebook IPO likely to do well on its first day of trading. But Facebook IPO would do much better in a stronger stock market.
- Stock market futures rebound as G-8 meetStock market poised to open higher as leaders of largest economies prepare to discuss Europe's debt crisis. Facebook shares also provide stock market lift.
- Fixed mortgages: new lows for 15-, 30-year loansFixed mortgages for 30-year loan dips to 3.79 percent; 15-year loan averages. 3.04 percent. But record low rates on fixed mortgages have not ignited home sales.
- Stocks fall amid discouraging economic reportsThe Dow fell 156 points to close at 12442 – the index's 11th loss in 12 days – after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece.
- Honda recall involves 53,000 Acura TL sedansHonda recall of nearly 53,000 sedans in the US is due to a problem with power steering hoses. Acura sedans from 2007 and 2008 are part of the Honda recall.
- Facebook IPO: Who's resisting Facebook and whyFour of every 10 Americans are not on Facebook. Will more join or has US growth peaked? Facebook IPO investors want to know: Can the resisters be persuaded to join the social network?
- Who will fuel Facebook's growth? India.Facebook users in India could surpass US totals in three years as its Internet population is set to triple. The challenge for Facebook: average revenue per person is just $1.79 in Asia vs. $9.51 in North America.
- Facebook shareholders selling more sharesFacebook stockholder and hedge fund Tiger Global has decided to sell more than 23 million shares, up from 3.4 million a day earlier. Other big sellers of Facebook shares include Goldman Sachs, a Russian billionaire, and two Facebook insiders.
- Greek turmoil causes US stocks to slideThe Dow lost 33 points to close at 12598, continuing its rocky performance during the month of May.
- Diamond sells for $9.7 million at Swiss auctionDiamond sells for $9.7 million in an auction in Geneva. Marie de Medici wore the 34.98 carat Beau Sancy diamond at her coronation as Queen Consort of Henry IV in France in 1610.
- All-you-can-eat fish? Not for this customer.All-you-can-eat fish deal attracts one customer who eats 12. Waitress refuses to serve him more. He pickets Wisconsin restaurant's all-you-can-eat fish fry.
- Stocks fall; Dow continues two-week slideThe Dow lost 63 points to close at 12632 Tuesday as Europe's latest political impasse cast a gloom over financial markets.
- LightSquared, bankrupt, still aims to launch wireless networkLightSquared has filed for bankruptcy protection, saying that will give it more time to win regulatory approval. Regulators have blocked LightSquared's plans, saying they could interfere with GPS signals.
- Facebook IPO: Investors enamored. Users? Not so much.Facebook IPO may be sending investors into orbit, but most users distrust Facebook and don't click on its ads, according to a AP/CNBC poll. Half of those surveyed say Facebook IPO is overvalued.
- Groupon stock jumps as earnings beat expectationsGroupon stock soared after first quarter earnings were better than analysts predicted. Groupon stock shot up nearly 18 percent in after hours trading.
- JPMorgan Chase shareholders to confront CEO DimonThe nation's largest bank holds its annual meeting Tuesday in Tampa, Florida, where it's expected that some shareholders will ask Jamie Dimon to divest himself of one of his twin roles.