Facebook Files for $5 Billion IPO
The Internet can finally stop holding its breath--Facebook has officially filed registration documents with the Securities and Exchange Commission for an initial amount of $5 billion.
Money Matters
Amazon Stock Sinks As Sales Miss Estimates
The world's largest Internet retailer performed below expectations, surprising analysts and forcing Wall Street to keep a close eye on its future growth
Facebook IPO Will Create Jobs and Social Change, Says COO
Sheryl Sandberg, Facebook COO, said during the World Economic Forum in Davos that the company's not just aiming for profit--it wants to create jobs and boost the global economy as well
U.S. Airlines Increase Fare for 2012
U.S. airline tickets will most likely increase in 2012.
Cut! Home Entertainment Industry Softens Losses
The home entertainment industry sees a softening of losses as video kiosks and web streaming breathe new life into the industry
Swiss Central Bank Chief Resigns After Accusations
The head of the Swiss Central Bank resigned due to his wife making illegal currency transaction.
New DOT Regulation Fights Deceptive Airfare Ads
A new rule adopted by the U.S. Department of Transportation will require all airlines to be upfront and include all non-optional taxes and fees in advertised pricing
US Manufacturing Hits Six Month High, Stocks Soar
The ISM's December Report reports US Manufacturing growth climbed to 53.9 percent.
Wikipedia Reaches $20 Million Fundraising Target
The non-profit online encyclopedia raised enough money to survive through 2012
Walgreens Loses Express Script Customers
Walgreens is starting the new 2012 year by losing millions of its customers. The well-known pharmacy will no longer provide to those customers whose health insurance is covered by Express Scripts.
