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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 (+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 Optimistic About Innovation  Wall Street Journal
Bernanke Says Pessimists Wrong as Innovation Spurs Growth  Bloomberg
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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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Yahoo board to meet on $1.1B offer for Tumblr
WASHINGTON (MarketWatch) - Yahoo's board of directors is meeting Sunday night about whether to approve a $1.1 billion bid for blogging site Tumblr, according to media reports Saturday.
Tumblr And Yahoo: Latest Details On The Imminent Deal  Forbes
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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