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U.S. markets news

Facebook, a year after IPO
After a market debut marred by technical glitches and a deep dive in the company's stock price, Facebook has spent the past year focused on its biggest weaknesses: how to make money and keep its more than 1 billion users tethered to the social network.
The Facebook IPO, One Year Later  Wall Street Journal
Leaning Down: Facebook's Stock At Its IPO Anniversary  Forbes
Businessweek   Related articles »  
US eases natural gas glut with second export terminal (+video)
The US Department of Energy approved Friday the country's first liquified natural gas (LNG) export terminal since 2011. Skip to next paragraph.
US energy revolution gathers pace  Financial Times
Good sign for India: US allows LNG export  Hindustan Times
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Bernanke Tells Grads Innovation Is Key
Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, Illinois.
Bernanke Says Pessimists Wrong as Innovation Spurs Growth  Bloomberg
So, a Fed Chairman Is Speaking at Your Graduation  National Journal
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Consumer Sentiment Index in U.S. Rose to 83.7 in May from 76.4
Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
May consumer sentiment highest in nearly six years  Reuters
Consumer sentiment perks to post-recession peak  MarketWatch
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Tumblr And Yahoo: Latest Details On The Imminent Deal
By the end of this weekend, Tumblr founder David Karp will most likely be $250 million richer and Yahoo Yahoo founder Marissa Mayer will be able to say she outmaneuvered her old friends at Google Google, not to mention Facebook Facebook, Twitter and ...
Yahoo board meeting on $1.1B offer for Tumblr  MarketWatch (blog)
Yahoo's Mayer Said to Be Preparing Updates for Flickr Photo Site  Bloomberg
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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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California jobless rate falls to 9%
No one ever said the economic recovery would be pretty. California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000.
Mixed signals sent by California economy  California Economy Reporting
EDD cuts back phone help to the jobless  San Francisco Chronicle
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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 has not lowered interest rates enough: Kocherlakota
By Ann Saphir. CHICAGO | Fri May 17, 2013 3:25pm EDT. CHICAGO (Reuters) - The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and ...
Fed Official Says It Has Not Done Enough for Growth  New York Times
Kocherlakota:Threshlds 'Very valuable,' Give Greater Certainty  MNI News
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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%.
J.C. Penney Rises on Report More Discounts Boosting Sales  Bloomberg
JC Penney's New Plan Is to Reuse Its Old Plans  New York Times
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