News

Photo

Facebook sinks as Nasdaq scrambles to square trades 12:17pm EDT

(Reuters) - Facebook shares sank on Monday in the first day of trading without the full support of the company's underwriters, leaving some investors down 25 percent from where they were Friday afternoon.  Full Article

 
Photo
No sign of breakthrough in U.N. atom chief's Tehran talks 12:16pm EDT 

VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held extensive and useful talks in Iran on Monday and expects them to have a positive impact on a six-power meeting with Tehran later this week, Iranian media said, but there was no sign of a breakthrough deal.  Full Article  

Photo
Wall Street bounces but investors dump Facebook 12:03pm EDT 

NEW YORK (Reuters) - Stocks rose on Monday after their worst weekly decline for the year with signs investors were quickly exiting newly floated shares of Facebook following its broken IPO and redeploying capital elsewhere in the market.  Full Article  

Photo
Students defiant as Quebec unveils law to quell strikes Friday, 18 May 2012 

(Reuters) - Angry Quebec student leaders on Friday vowed to fight a tough new law to quell 14 weeks of strikes against tuition hikes, threatening to escalate their protests into a broad campaign of civil disobedience.  Full Article  

Photo
Spurs sweep Clippers, advance to West finals 2:39am EDT 

LOS ANGELES (Reuters) - The San Antonio Spurs steamrolled into the NBA Western Conference finals after a 102-99 win over the Los Angeles Clippers on Sunday gave them a clean sweep of their seven-game series.  Full Article  

Photo
Adele, LMFAO sweep tribute-filled Billboard awards 12:13am EDT 

LOS ANGELES (Reuters) - Energetic performances and heart-felt tributes took center stage at the Billboard Music Awards on Sunday, as Adele, LMFAO, Justin Bieber, Katy Perry and Taylor Swift came away top awards.  Full Article  

Photo
EU offers Google last chance in antitrust case 9:24am EDT 

BRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine.  Full Article