Business and financial news - CNNMoney.com
-
What they're worth
6 hrs, 23 mins ago
Facebook's IPO has minted at least a half-dozen new billionaires, including founder Mark Zuckerberg and Facebook's earliest investors.
-
JPMorgan's Dimon to testify in Senate
7 hrs, 23 mins ago
JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
-
Obama may tap Strategic Petroleum Reserve
8 hrs, 15 mins ago
Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold.
-
Flight to safety: 10-year yield at record low
8 hrs, 24 mins ago
Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece's future in the eurozone continued to escalate.
-
Senators to Eduardo Saverin: Don't come back.
9 hrs, 10 mins ago
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.
-
U.S. slams Chinese solar panels with new tariffs
9 hrs, 35 mins ago
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.
|
Company news - CNNMoney.com
-
JPMorgan's Dimon to testify in Senate
7 hrs, 23 mins ago
JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
-
Remember theGlobe.com? Tech IPOs have a dismal track record
8 hrs, 17 mins ago
There are plenty of reasons to "like" Facebook, but Internet IPOs are better known for their epic flops than wild successes.
-
Facebook's IPO price: $38 per share
8 hrs, 38 mins ago
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.
-
Comcast scraps broadband cap
9 hrs, 56 mins ago
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.
-
Verizon ends standalone DSL service
10 hrs, 45 mins ago
Verizon just can't seem to stay out of hot water.
-
Pinterest raises $100 million to bolster growth
10 hrs, 47 mins ago
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.
|
World business news - CNNMoney.com
-
SPAIN'S BANKS DOWNGRADED
7 hrs, 16 mins ago
Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe.
-
Obama may tap Strategic Petroleum Reserve
8 hrs, 15 mins ago
Despite the recent fall in oil prices, analysts say President Obama may tap the Strategic Petroleum Reserve as sanctions on Iran take hold.
-
10-year U.S. bond yield at record low
8 hrs, 19 mins ago
Investors fled stocks and made a rush toward the safety of U.S. Treasuries Thursday, sending 10-year yield to a record low close, as worries about Greece's future in the eurozone continued to escalate.
-
Facebook's IPO: $38 per share
8 hrs, 38 mins ago
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.
-
New U.S. tariffs on Chinese solar panels
9 hrs, 9 mins ago
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.
-
Tokyo firm sinks $100 million in Pinterest
9 hrs, 10 mins ago
Hot social network Pinterest just landed a sizable cash infusion: The company raised $100 million in a financing round by e-commerce giant Rakuten
|