(Reuters) - Facebook shares sank 11 percent in the first day of trading without the full support of the company's underwriters, leaving some investors down almost 25 percent from where they were Friday and driving others to switch back to more established stocks.
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Facebook shares sink 11 percent as reality overtakes hype
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)Exclusive: U.S. envoy to Afghanistan to step down shortly
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
CHICAGO (Reuters) - Veteran U.S. diplomat Ryan Crocker is expected to step down soon from his post as President Barack Obama's envoy to Afghanistan, departing the U.S. mission in Kabul as the United States negotiates a host of challenges on its course out of the long, costly war.
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Flurry of arguments starts Gupta insider-trading trial
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Former Goldman Sachs director Rajat Gupta "threw away his duties" by divulging bank secrets to hedge fund manager Raj Rajaratnam, a U.S. prosecutor said at the start of Gupta's insider-trading trial on Monday.
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I just asked Luke to go but he punched me: Sahil
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
Police trying to reconstruct sequence of events in five-star hotel
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India issues advisory as traders in China face fresh charges
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
The Indian Embassy in Beijing on Monday issued a second advisory warning, of the dangers of doing business in the southern Chinese trading hub of Yiwu, after two Indian traders, who have been figh...
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Is government trying to mislead people, asks Hazare
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
On a day when the passage of the Lokpal Bill was delayed further, anti-graft crusader Anna Hazare hit out at the government yet again, questioning its sincerity. Mr. Hazare has been fighting for a...
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If no aid is forthcoming, pull out of UPA, Rajnath tells her
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
Senior Bharatiya Janata Party leader Rajnath Singh on Monday backed the Trinamool Congress' demand for a special financial package for West Bengal. He urged Chief Minister Mamata Banerjee to with...
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Obama sketches four-pronged strategy for Europe, sees EU consensus
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
CHICAGO (Reuters) - U.S. President Barack Obama urged Europe on Monday to strengthen its defenses against financial market turmoil and recapitalize its banks as part of a four-pronged strategy for tackling the euro zone crisis.
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No sign of breakthrough in U.N. nuclear chief's Tehran talks
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held talks in Tehran on Monday ahead of a meeting between major powers and Iranian officials this week, but there was no immediate sign of a breakthrough in the tense confrontation over Iran's nuclear programme.
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Intellectual Property Appellate Board rules ‘Ayur’ can’t be trademark
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
Can anyone in India, the home of Ayurveda, claim exclusive intellectual property rights over the word ‘Ayur' for selling a product? Or contend that ‘Ayur,' a word derived from ‘Ayush' (life), is a...
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Sibal for consensus on IT rules
Posted by MEreporter 1 day 57 minutes ago (http://www.thehindu.com)
Though a statutory motion moved by CPI(M) member from Kerala P. Rajeeve seeking to annul the Information Technology (Intermediaries Guidelines) Rules, 2011, was defeated in the Rajya Sabha by voic...
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Departures leave Dewey a shell of its former self
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Seventeen more partners at Dewey & LeBoeuf announced their departure on Monday, as the failing law firm considered filing for bankruptcy.
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Ex-Yahoo director, fund manager made illegal trades: U.S.
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
(Reuters) - Federal prosecutors on Monday announced insider trading charges against a former Yahoo employee and a fund manager for illegally sharing and trading on secret company information.
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Apple still dominates world's top brands: study
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
(Reuters) - Apple has maintained its place as the world's most valuable brand over the past year, leading a group of technology-related companies that dominate the top 10, according to a study published on Tuesday.
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Jailed Enron's Skilling seeks new trial, cites new evidence
Posted by MEreporter 1 day 58 minutes ago (http://feeds.reuters.com)
(Reuters) - Jailed former Enron Corp. Chief Executive Officer Jeffrey Skilling is seeking a new trial citing "newly discovered evidence," according to court documents.
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