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Facebook: New and Improved One Year Later
NEW YORK (TheStreet) -- "What a difference a day makes," goes the old song. When it comes to the Big Kahuna of social networking I'd like to write a song called "What a Difference a Year Makes.
The Facebook IPO, One Year Later  Wall Street Journal
Facebook traffic plateaus but profit potential looks up  The Hindu
Forbes   Related articles »  
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.
Unemployment rates drop in most states, Illinois climbs  Reuters
State, local unemployment numbers show positive trend  St. Augustine Record
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US Energy Revolution Gathers Pace - CNBC.com
The growing role of the U.S. in world energy markets was underlined on Friday as the Obama administration approved wider exports of liquefied natural gas and international companies committed billions of dollars for new infrastructure.
US Approves Expanded Gas Exports  Wall Street Journal
UPDATE 3-US ends freeze on new natural gas exports, approves Texas terminal  Reuters
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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
Consumers Are the Happiest Since 2007  Businessweek
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US jobless claims jump 32000 to 360000
WASHINGTON (MarketWatch) - The number of people who applied for new unemployment benefits surged by 32,000 to 360,000 in the week ended May 11, putting jobless claims at the highest level in a month and a half, according to the U.S.
Jobless claims jump to 6-week high as the sequester is beginning to hurt economy  Examiner.com
Jobless claims in US jump 32000  The Desert Sun
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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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US wins breathing space on debt ceiling
The US will not have to raise the federal debt ceiling until September, said Treasury secretary Jack Lew on Friday, in another sign of how the resurgence of tax revenues is changing the politics of US deficits.
No Debt-Limit Showdown Before Labor Day  Wall Street Journal
Lew: Debt ceiling will hit after Labor Day - USA Today  USA TODAY
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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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April Leading Indicators Index in U.S. Rises More than Forecast
The index of U.S. leading indicators climbed in April, a rebound from March that suggests the world's largest economy will accelerate later this year.
Leading economic indicators rise in April  MarketWatch
Stocks Firmly Positive On Upbeat Economic Data - U.S. Commentary  NASDAQ
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