Stocks Firmly Positive On Upbeat Economic Data - U.S. Commentary

RTT News - Saturday 18th May, 2013

markets have benefited from some upbeat economic data after a disappointing batch of data helped drag stocks lower on Thursday.The major averages have moved roughly sideways in recent trading, hovering firmly in positive territory. The Dow is up 59.65 points or 0.4 percent at 15,292.87, the Nasdaq is up 16.18 points or 0.5 percent at 3,481.42 and the S&P 500 is up 7.87 points or 0.5 percent ...

Googles wearable Glass gadget cool or creepy

Reuters - Saturday 18th May, 2013

Sat May 18, 2013 9:59am EDT * Google expects Glass etiquette to evolve * Casino has banned devices while gambling * "Those things freak me out" By Alexei Oreskovic SAN FRANCISCO, May 18 (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a ...

Making It Big On Wall Street

Forbes - Saturday 18th May, 2013

There's no doubt that America is enthralled with Wall Street's big hitters. Many of them lead lives that seem more befitting of rock stars than those of MBAs. Making millions is just one benefit of a career that includes rubbing elbows with the rich and famous. Making it big ...

Germanys Merkel visits Pope urges tougher market controls

Reuters - Saturday 18th May, 2013

Sat May 18, 2013 8:39am EDT * Pope and Merkel spoke for unusually long 45 minutes * Merkel flew to Rome just to see pope * Francis recently issued strong call for financial reform By James Mackenzie VATICAN CITY, May 18 (Reuters) - German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called ...

Facebooks first year on Wall Street

CBS News - Saturday 18th May, 2013

Facebook's May 18, 2012, IPO, which valued the company at a whopping $104 billion, was more than just a stock offering -- it grew into a cultural and financial phenomenon. But as launches go, this one was a misfire. A software glitch at Nasdaq delayed the IPO by 30 minutes. Worse, investor demand underwhelmed. After pricing at $38, Facebook shares barely got off the ground to close at ...