![]() Moneycontrol.com | MARKET COMMENT: European Stocks In Retreat Over Spain's Bankia Wall Street Journal By Barbara Kollmeyer LONDON (Dow Jones)--European equity benchmarks kept up a losing streak on Thursday as shares of Bankia SA tumbled on reports of customers pulling money out of the Spanish bank. Speculation that Moody's Investors Service could ... Spain Banks Face Moody's Downgrades as Bankia Denies Deposit Run Spanish Banks Set for Moody's Downgrade Spain's Bankia plunges on report of huge withdrawals |
![]() USA TODAY | Will Facebook Adapt to Mobile or Will Mobile Adapt to Facebook? BusinessWeek By Kevin Fitchard on May 17, 2012 We all know Facebook needs to become a force in mobile advertising, but just how much of a force? If Facebook were to replicate the success of its desktop ad business on mobile, it would account for a healthy chunk of ... Facebook Ads: To Like or Not to Like Brands on Facebook: Advertising Is Optional Companies ask: Does advertising on Facebook pay? |
![]() Globe and Mail | European shares hit 5-month low on euro break-up fears Reuters * FTSEurofirst 300 down 1.2 pct, Euro STOXX 50 down 1.3 pct * Spain's Bankia down 14.1 pct on deposit run fears * Euro zone banks index down 2.7 pct to all-time low By Francesco Canepa LONDON, May 17 (Reuters) - European shares hit multi-month troughs ... If Greece is to stay in the euro, something's got to give Markets drop on eurozone worries Eurozone concerns drag markets lower |
![]() CNN | Senators to Saverin: Don't come back. Ever. CNN By Charles Riley May 17, 2012: 11:49 AM ET Eduardo Saverin's decision to leave the United States with his money, but not his citizenship, has apparently touched a nerve in the Senate. Sens. Chuck Schumer and Bob Casey held a press conference Thursday ... US Lawmakers to Fight Facebook Co-Founder on Taxes Senators want to stop Facebook co-founder from dodging taxes Senators target Facebook co-founder for giving up citizenship, seek to impose ... |
![]() Christian Science Monitor | Postal plants to shrink, 28000 jobs at stake CNNMoney By Jennifer Liberto @CNNMoney May 17, 2012: 12:57 PM ET WASHINGTON (CNNMoney) -- The US Postal Service announced on Thursday it's moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two years, ... Postal Service Prepared to Shut U.S. Plants to Save $2.1 Billion US Postal Service to close 140 mail processing centers Postal Service to begin closing plants this summer |
![]() New York Times | Why Warren Buffett Really Likes Newspapers BusinessWeek By Devin Leonard on May 17, 2012 When Warren Buffett announced that his company, Berkshire Hathaway, was buying 63 newspapers from Media General on May 17, he issued a soaring statement about his belief in a beaten-down industry. Warren Buffett buys into 'declining' newspapers Buffett's Berkshire to buy Media General papers Buffett's newspaper buy: commentary and analysis from around the web |
![]() USA TODAY | Mortgage rates hit record lows - again CNN By Les Christie @CNNMoney May 17, 2012: 12:09 PM ET NEW YORK (CNNMoney) -- Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row. The 30-year fixed mortgage, ... Average US fixed mortgage rates for the past 52 weeks, at a glance US mortgage rates for past 52 weeks at a glance Mortgage rates fall to another record low |
![]() Globe and Mail | Jobless claims steady, mid-Atlantic factories sag Reuters By Jason Lange | WASHINGTON (Reuters) - New claims for jobless benefits last week held at levels suggesting sluggish growth in hiring and factory activity in the mid-Atlantic region contracted in May, worrisome signs for a still-fragile economic ... US unemployment aid applications stay at 370000 US Jobless Claims Were Unchanged at 370000 Weekly Claims Hold Steady as Jobs Picture Still Murky |