World News
Facebook Pulls Off Largest Tech IPO Ever
Share Ring the bells: It’s a landmark day for Wall Street and Silicon Valley as the world’s biggest social network becomes a public company.The American Dream is alive and well in Menlo Park. Facebook is going publi...
Surprise Winner of Facebook Mania: Google
Share While Facebook nabbed the lion’s share of media attention heading into its record-setting IPO on Friday, an older Internet giant’s stock was quietly rising. Google (GOOG) shares have jumped more than 7% since Faceboo...
Will JPMorgan’s $2B Blunder, End ‘Too Big, Too Fail’?
Share JPMorgan’s $2 billion bungled trade has severely damaged the reputation of its CEO Jamie Dimon and vaporized nearly $20 billion in shareholder value. But will it lead to the kind of enhanced Wall Street regulation...
Global Push to Guarantee Health Coverage Leaves U.S. Behind
Share China, Mexico and other countries far less affluent are working to provide medical insurance for all citizens. It’s viewed as an economic investment. WASHINGTON — Even as Americans debate whether to scrap Preside...
Court Rules, WiFi Owner Not Liable for Illegal Downloading
Share Dependant on the side they’re representing, lawyers around the world have taken opposing stances when it comes to liability for infringement via open WiFi. When representing plaintiffs they speak of ‘a duty of care’...
Why We Regulate
Share One of the characters in the classic 1939 film “Stagecoach” is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation — “As if we bankers don’t know ...
