A new Facebook lawsuit claims the company withheld information from investors at the time of its initial public offering (IPO). Facebook is no stranger to lawsuits—from use [...]
U.S. stocks rallied Thursday on news that the European Central Bank (ECB) plans to institute further bond buying—a long-rumored action—to prop up ailing Italy and Spain.
Nokia Corp. reported on Thursday that its loss in the second quarter has nearly quadrupled compared to the same period a year ago. Nevertheless, after seeing a promising lift [...]
Facebook soared 13 percent from $38 to $43, before immediately dropping back to just above its IPO.
Facebook Inc. is expected to price its IPO at $38 a share, bringing the value of the company to over $100 billion.
A diplomatic cable made public by WikiLeaks late last year may shed light on what lay behind NTD Television’s ejection from NASDAQ.
Rupert Murdoch’s company BskyB, a satellite broadcaster, asserts that it owns the “Sky” in Skype’s name, resulting in a legal battle between the two firms over the last [...]
U.S. stock markets tumbled on Thursday after a promising start to the month.
Stocks rallied on Monday globally on news that European governments approved a $1 trillion euro currency and debt rescue plan to stabilize the European financial markets.
The World’s leading Internet search engine Google Inc., announced positive growth with first-quarter results.