7:29pm: U.S. installers say punitive tariffs on Chinese solar panels will raise their business costs, forcing them to stall hiring and growth plans. More
Shares of Facebook traded below the offering price of $38 in early Monday trading.
Harold Geneen, former CEO of the once sprawling conglomerate ITT, made tough leadership fashionable and inspired a generation of CEOs.
As employees work harder and longer, some are facing a breaking point, even though many companies aren't paying attention.
U.S. markets climb Monday on optimism that eurozone leaders can alleviate their fiscal crisis. Facebook's stock drops 11%.
In a strange twist of fate, Facebook's ultra-hyped IPO fizzled while Yahoo got a much needed boost.
Lawmakers may wait until after the election before dealing with $7 trillion worth of tax hikes and spending cuts. But such prolonged uncertainty may prompt markets and businesses to act sooner.
While serving as the head of JPMorgan Chase, Jamie Dimon has also sat on the New York Fed's board of directors. Seem shady? Blame Congress.
Pivotal Research Group's Brian Wieser thinks the ideal price point for Facebook stock is $30, $8 below the IPO price.
Coming months will determine whether Greece will keep paying its bills and remain in the euro, moves that have huge implications for the global economy.
Many analysts think Iran could double its oil output to nearly 7 million barrels per day. The catch is lifting sanctions.
That may be a stretch. But as Facebook fizzles, Yahoo has $7.1 billion coming from Alibaba as new CEO Levinsohn inks deal to sell Asian assets. But analysts are unimpressed.
Facebook is a phenomenal company but it's way overvalued compared to most other tech blue chips.
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