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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
ABC News   Related articles »  
US eases natural gas glut with second export terminal
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
UPDATE 3-US ends freeze on new natural gas exports, approves Texas terminal  Reuters
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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
Could Tumblr turn into Yahoo's MySpace?  CNET
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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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Bernanke upbeat on innovation outlook in commencement address
WASHINGTON | Sat May 18, 2013 11:14am EDT. WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 ...
Bernanke Optimistic About Innovation  Wall Street Journal
Bernanke Says Pessimists Wrong as Innovation Spurs Growth  Bloomberg
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US HOT STOCKS: Acquity Group Active in Late Trading
U.S. stocks closed higher Friday, as the Dow Jones Industrial Average added 121 points to 15354, the Standard & Poor's 500-stock index rose 17 points to 1667, and the Nasdaq Composite climbed 34 points to 3499.
Accenture to buy Acquity for $316 million  UPI.com
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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.
Jobless rate drops to low last hit in '08  Stockton Record
EDD cuts back phone help to the jobless  San Francisco Chronicle
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American Airlines Doesn't Want Your Bags in the Cabin
The airline that introduced checked-baggage fees has learned the downside of funneling more suitcases into the cabin: It takes longer for people to board.
On American Airlines, pack light and you'll get to board early  Los Angeles Times
US airline group sees pickup in summer air passengers  Reuters
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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
US Stocks In Broad Rally, Fueled By Strong Economic Data  Wall Street Journal
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Tesoro is cleared to buy BP's Carson refinery, Arco stations
Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players - Tesoro and Chevron ...
FTC Clears Tesoro Purchase of BP Refinery  Wall Street Journal
Tesoro wins antitrust OK to buy California BP refinery  Reuters
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