Tag: business
Regulators raise questions about Facebook IPO after its disappointing performance
Regulators and lawyers are looking into whether Morgan Stanley and other Wall Street banks that helped orchestrate Facebook's IPO warned top clients beforehand that it might not be such a good deal....
For older adults, unemployment remains high, job searches long
While the economy takes tentative steps toward recovery, for older Americans, that recovery is elusive. With high unemployment rates already, their time spent looking for a new job is much, much longer than average....
Istanbul stirs passion with ban on shouting in open-air market
Istanbul is trying to show that it's becoming a more modern society and as part of that, some officials have decided they need to curtail certain practices. Among them is a ban on shouting in Istanbul's famous open-air market....
Microsoft pledges to become carbon neutral
Software giant Microsoft hopes to become carbon neutral by tracking and self-taxing its carbon output and investing in clean energy and efficiency. ...
Facebook IPO: Discussing the social network's mobile question
As the Facebook IPO approaches Friday, it's worth discussing just what is in store for Facebook in the world of mobile. While mobile use of Facebook is soaring, and already higher than desktop according to reports, Facebook hasn't figured out how to make money on mobile. Will that weigh down the stock?...
Facebook IPO raises question about company's future, innovative spirit
Facebook makes its initial public offering on Friday, with signs pointing to a $100 billion value and potentially more demand than supply. But once the IPO has passed, there are questions about just how innovative Facebook can remain, and how qualified Mark Zuckerberg is to lead a multi-billion dollar company....
Small town in New York reveling in new, community-owned department store
Saranac Lake lost its only department store in 2002. When that happened, locals had to travel 50 miles to buy socks or sheets. So they banded together, made a plan and late last year they opened a community-owned department store. They're happy to say that they're selling more than they projected they would at this point in time....
Delta Airlines drawing attention with purchase of Pennsylvania oil refinery
An oil refinery in Pennsylvania that was set to be closed has a new lease on life after Delta Airlines bought it to try and bring some stability and cost savings to its jet fuel purchases. Jet fuel accounts for more than one-third of the airline's costs....
Recession hitting 'cultural creatives' especially hard
While the recession seems to loosening its grip on the U.S. economy, but one group isn't seeing it. The cultural creatives, small businesspeople like photographers, architects and graphic designers have seen their ranks thinned by 20 to 30 percent and are still waiting for the bounce back....
In Bentonville, Wal-Mart bribery scandal not causing too much concern
Bentonville, Ark., is perhaps the best example of the modern company town. Wal-Mart dominates the town. But as Wal-Mart deals with allegations of bribery and cover-ups in its Mexican subsidiary, the scandal hasn't taken over discussion in the town....
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