Anti-social: Zynga tumbles after Facebook IPO

Social media stocks just aren’t feeling the love, despite Facebook’s highly-anticipated stock market debut.
Shares of Zynga (), which generates the lion’s share of […]

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Industrial Production in U.S. Climbs More Than Forecast - Bloomberg

Industrial production in the U.S. climbed more than forecast in April, propelled by gains in auto manufacturing and utility use.
Output at factories, mines and […]

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World stocks drop as worries over Greece intensify

World stock markets dropped Monday as worries intensified over the condition of the eurozone and whether Greece is edging towards leaving the single currency union.
In […]

Ameren asks for delay pollution controls at Illinois coal plants

Ameren Corp. is seeking to delay installation of pollution controls on some coal-fired power plants in Illinois for six years because of weak power prices, […]

Ford, GM report weaker April auto sales

General Motors and Ford reported weaker April sales, hurt by lower demand for compact and subcompact cars.
Chrysler, however, posted a 20-percent rise in sales. Its […]

Postal Service bill faces roadblocks

A Senate bill passed this week to rescue the indebted U.S. Postal Service is drawing fire from key agency officials and House Republican leaders.
And […]

Greenest states to own an electric car

When it comes to choosing an environmentally friendly car, where you live may be as important as what you drive.
That’s the message of […]

Fallen China politician’s son defends himself

The son of fallen Chinese politician Bo Xilai is defending himself in an extraordinary letter to Harvard University where he is a graduate student.
Bo Guagua […]

New Zealand Should Keep Rate at 2.5%, Shadow Board Says - Bloomberg

New Zealand central bank Governor Alan Bollard should keep the official cash rate at a record-low 2.5 percent this week, according to the shadow board […]

Sprint hit with $300 million tax fraud lawsuit

New York’s attorney general filed a tax fraud lawsuit against Sprint Nextel on Thursday, accusing the wireless carrier of intentionally underpaying sales tax in […]