After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share.
naar bericht >Investors fled stocks and flocked toward the safety of U.S. Treasuries Thursday as worries about Greece’s future in the eurozone continued to escalate.
naar bericht >A Senate panel has called Jamie Dimon, the head of JPMorgan Chase, to testify about some $2 billion lost in complex trades intended to hedge against economic risk.
naar bericht >The U.S. Commerce Department announced stiff tariffs on Chinese-made solar panels Thursday, a move critics said could raise costs for consumers and further inflame trade tensions with Beijing.
naar bericht >Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold.
naar bericht >Sens. Chuck Schumer and Bob Casey, held a press conference Thursday morning on Capitol Hill where they outlined legislation that would prevent the Facebook co-founder from ever returning to the United States.
naar bericht >Comcast on Thursday decided to get rid of its controversial 250 gigabyte-per-month cap for its broadband customers, replacing it with a usage-based billing system.
naar bericht >Hot social network Pinterest just landed a sizable cash infusion: The company raised $100 million in a financing round by e-commerce giant Rakuten. Existing investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital also participated in the round.
naar bericht >Verizon just can’t seem to stay out of hot water.
naar bericht >Warren Buffett’s company Berkshire Hathaway announced a deal on Thursday to purchase 63 newspapers from Media General — an industry that Buffett recently referred to as “declining.”
naar bericht >