Friday, January 7, 2011

Facebook on the countdown to IPO



Bernanke, Two Officials Express Concern Over Unemployment Rate
BusinessWeek
By Scott Lanman Jan. 7 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke and two other policy makers forecast faster US growth this year that still won't reduce unemployment quickly, signaling the Fed will complete its monetary-stimulus plans. ...
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Facebook on the countdown to IPO
Financial Times
By Richard Waters in Las Vegas The most anticipated stock market debut since Google was set in motion this week, as Facebook laid the ground for a possible public listing little more than a year from now. The social networking site also turned heads ...
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Slow Growth in Jobs Underscores Challenge Ahead
ABC News
AP By CHRISTOPHER S. RUGABER AP Economics Writer In this Jan. 6, 2011 photo, Raymone Davis of Vista, Calif., checks for jobs at a career development... The US economy is steadily adding jobs, but still just barely enough to keep up with the growth of ...
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ABC News
Ruling has potential to void foreclosures
Washington Post
By Ariana Eunjung Cha The Massachusetts Supreme Court on Friday upheld a lower court ruling voiding two foreclosures because the banks failed to show the proper paperwork to prove they owned the loans-a decision that challenges the way mortgages were ...
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Crude, Heating Oil, Gasoline Drop on Jobs Report: Oil Products
Bloomberg
By Richard Stubbe - Fri Jan 07 21:02:43 GMT 2011 Crude oil, heating oil, and gasoline dropped for a second day after a report that the US added fewer jobs than expected in December. Ethanol declined for the fifth day in a row. ...
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Bank of America 'Breaks Even' With Fees
TheStreet.com
By Maria Woehr 01/07/11 - 01:26 PM EST NEW YORK(TheStreet) -- Bank of America's(BAC) plan to charge fees for checking accounts could help it break even in revenue after the Durbin Amendment is implimented, according to Susquehanna Financial Group David ...
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Euro Undermined By Euro-Zone Debt, Economy Woes
Wall Street Journal
By Javier E. David Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The euro sank to its lowest level in four months against the dollar and yen Friday, as concerns over the euro zone's economy displaced lackluster US employment growth. ...
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Fed's Evans: U.S. economic growth not robust enough
Reuters
DENVER (Reuters) - The sluggish US economy shows signs of gaining strength but still needs a lot of help from the Federal Reserve to get back on track, a top Fed policy maker said on Friday. Chicago Federal Reserve Bank President Charles Evans said the ...
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U.S. Nov. consumer credit up $1.35 bln
MarketWatch
By Greg Robb WASHINGTON (MarketWatch) -US consumers increased their debt for the second straight month in November, the Federal Reserve reported Friday. Total seasonally adjusted consumer debt increased $1.35 billion, or a 0.7% annualized rate, ...
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Solar Laying Tracks in Project Business
TheStreet.com
By Eric Rosenbaum 01/07/11 - 04:47 PM EST NEW YORK (TheStreet) -- During SunPower's(SPWRA) investor day in December, the US solar company stated that concentrated photovoltaic solar -- using tracking technology to capture the most potential sun energy ...
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