NEW YORK -- It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola.
China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record home prices while supporting economic expansion.
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 ...
ECONOMIC REPORTS Data will include sales of existing homes for April (Wednesday); weekly jobless claims and sales of new homes for April (Thursday); and durable goods orders for April (Friday).
Amtrak officials said service would remain out indefinitely between New York City and New Haven, Conn., because of Friday's derailment and collision affecting the nation's busiest passenger rail corridor.