If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
Business
Aug 21, 2012
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The company operating the US magazine Newsweek indicated Wednesday the venerable publication is likely to go digital to stem its losses and could undergo other changes by next year.
Business
Jul 25, 2012
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Oracle boss Larry Ellison has bought a Hawaiian island from a fellow multi-billionaire businessman, the governor of the US Pacific Ocean state said Wednesday.
Business
Jun 21, 2012
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Astronauts aboard the International Space Station will soon get a special screening of "The Avengers," the blockbuster movie about superheroes defending Earth from aliens.
Space Exploration
Jun 1, 2012
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(AP) -- Opening a new, entrepreneurial era in spaceflight, a ship built by a billionaire businessman sped toward the International Space Station with a load of groceries and other supplies Tuesday after a spectacular middle-of-the-night ...
Space Exploration
May 22, 2012
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(AP) -- Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million.
Business
May 17, 2012
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(AP) -- When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network's worldwide reach, was all but unknown to the public.
Business
May 16, 2012
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(AP) -- Billionaire John Malone's Liberty Media Corp. said Tuesday that it will spend $650 million to increase its effective control of satellite radio company Sirius XM Radio Inc. to 45.2 percent.
Business
May 8, 2012
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(AP) -- Facebook co-founder and former Mark Zuckerberg roommate Dustin Moskovitz is by many accounts the world's youngest self-made billionaire. But the 27-year-old isn't sipping champagne in the Caribbean.
Business
Apr 29, 2012
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(AP) -- The newest board member of BlackBerry maker Research in Motion says a turnaround could take three to five years.
Business
Apr 26, 2012
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