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U.S. markets news

The Facebook IPO, One Year Later
On the anniversary of its IPO, mobile is taking off on Facebook. So why did revenue decline last quarter? WSJ's Jason Bellini has "The Short Answer.
Leaning Down: Facebook's Stock At Its IPO Anniversary  Forbes
Facebook Struggles to Satisfy Investors About Mobile Earnings  Businessweek
Washington Post   Related articles »  
Bernanke's advice for college grads
"During your working lives, you will have to reinvent yourselves many times," Federal Reserve Chairman Ben Bernanke told new graduates at Bard College at Simon's Rock on Saturday.
Bernanke Tells Grads Innovation Is Key  CNBC.com
Bernanke Optimistic About Innovation  Wall Street Journal
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Will American's New Boarding Process Work? It Failed at Virgin America.
Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...
American Airlines Doesn't Want Your Bags in the Cabin  Businessweek
US airline group sees pickup in summer air passengers  Reuters
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How JC Penney Can Stem The Tide Of Slumping Sales
Yesterday, J.C. Penney announced a serious first quarter loss of $348 million, or $1.58 per share and a revenue slump of 16.4% to $2.635 billion as same store sales dropped 16.6%.
Where Did All Those JC Penney Customers Go?  Wall Street Journal
J.C. Penney First-Quarter Net Loss Widens After Johnson Leaves  Bloomberg
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Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling
According to multiple reports (the first coming from All Things D), the social blogging site is in serious talks with Yahoo Yahoo, which is looking to secure a strategic investment, partnership or even an outright acquisition.
Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site  Bloomberg
Report: Yahoo nearing $1.1B acquisition of Tumblr  Businessweek
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China Housing Bubble Cools, But Prices Still Higher
China's property market cooled a bit in April, but home prices are still on the rise, the National Bureau of Statistics said Saturday.
China April Housing Inflation Quickens - CNBC.com  CNBC.com
Home prices rise slower in China  Xinhua
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Gains for a 4th Week in a Row, and Milestones, Too
Stocks continued their climb into uncharted territory on Friday, racking up the fourth week in a row of gains as encouraging economic data prompted investors to buy shares of growth companies.
Dow, S&P end at records, stocks mark fourth week of gains  Reuters
Five Stocks That Made Big Gains this Week - NASDAQ.com  NASDAQ
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Fed's Kocherlakota Sees No Benefit to Financial Stability From Tighter Policy
CHICAGO--Minneapolis Federal Reserve Bank President Narayana Kocherlakota stressed the importance of the Fed maintaining low interest rates and a substantial stimulus program as the economy still undergoes what he called a "not-so-great recovery," in ...
Fed has not lowered interest rates enough: Kocherlakota  Reuters
Kocherlakota Says Fed Hasn't Reduced Real Interest Rate Enough  Bloomberg
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Accenture buying Acquity for $316 million
Global consulting firm Accenture has agreed to buy digital marketing company Acquity Group for $316 million, the companies announced Friday.
US HOT STOCKS: Acquity Group Active in Late Trading  Wall Street Journal
Accenture says it will buy Acquity Group for $316M  Businessweek
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Unemployment rates drop in most states, Illinois climbs
WASHINGTON | Fri May 17, 2013 6:22pm EDT. WASHINGTON (Reuters) - Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday.
County jobless rate falls to 7%  The Alexander City Outlook
Georgia Sees Lowest Unemployment Rate Since December 2008  Patch.com
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