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Thursday, April 17, 2014

Weibo shares pop 10% in IPO

Weibo shares pop 10% in IPO


Weibo shares pop 10% in IPO

Posted: 17 Apr 2014 09:21 AM PDT

Weibo shares edged higher on the first day of trading Thursday, in what could be a positive sign for other Chinese technology companies hoping to list on the U.S. market.

The Divergent trend: Bad for stocks

Posted: 17 Apr 2014 08:49 AM PDT

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Detroit pension cuts hit civilian workers hardest

Posted: 17 Apr 2014 08:33 AM PDT

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NBA player to open Hooters in Russia

Posted: 17 Apr 2014 07:56 AM PDT

Andrei Kirilenko, the National Basketball Association player known as AK-47, plans to open five Hooters franchise restaurants in his native Russia.

GM's recalled Cobalt was a failure from the start

Posted: 17 Apr 2014 07:43 AM PDT

The Chevrolet Cobalt, the car at the center of the General Motors recall crisis, was a losing bet from the start.

Stocks fight back from morning drop

Posted: 17 Apr 2014 08:20 AM PDT

The Dow , S&P 500, and Nasdaq are flat, but that's a lot better than they were doing earlier today when the Dow was down more than 50 points.

China's spending crackdown hits drinks giants

Posted: 17 Apr 2014 06:31 AM PDT

China's crackdown on extravagant spending by officials is creating a headache for some of the world's biggest drinks companies.

Goldman Sachs investment banking roars back

Posted: 17 Apr 2014 07:38 AM PDT

Wall Street's most gilded firm once again showed why it is just that.

Cruise companies on hunt for China's tourist dollars

Posted: 17 Apr 2014 04:12 AM PDT

Royal Caribbean Cruises will base its newest ship in Shanghai, the latest move in a race to capture big tourism dollars flowing out of China.

Beer, grilled cheese and really clean clothes

Posted: 17 Apr 2014 03:54 AM PDT

Nestled on a New York side street, a new type of laundromat has opened its doors, offering gourmet cheese sandwiches and drop-off laundry services.

Stocks: Caution returns as tech stumbles

Posted: 17 Apr 2014 03:48 AM PDT

Following three days of stock market gains, investors are feeling cautious again after Google and IBM posted earnings that disappointed Wall Street.

Nearly 2 million homeowners no longer 'seriously' underwater

Posted: 16 Apr 2014 10:02 PM PDT

Surging home prices have helped nearly two million homeowners get back above water on their mortgages over the past year.

Ousted Yahoo exec gets $58 million golden parachute

Posted: 17 Apr 2014 05:03 AM PDT

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Investors cheer India election's reform potential

Posted: 17 Apr 2014 05:03 AM PDT

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NY Attorney General subpoenas HFT firms

Posted: 17 Apr 2014 04:37 AM PDT

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Google stock sinks as mobile struggles continue

Posted: 16 Apr 2014 03:07 PM PDT

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Entrepreneurship sprouts among older ex-execs

Posted: 16 Apr 2014 01:24 PM PDT

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Is Medicare enough?

Posted: 16 Apr 2014 01:20 PM PDT

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US Airways won't fire worker who sent lewd tweet

Posted: 16 Apr 2014 01:24 PM PDT

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Canadians arrest a Heartbleed hacker

Posted: 16 Apr 2014 12:47 PM PDT

Canadian mounties have arrested a teenager who, they say, used the Heartbleed Internet bug to hack into the country's tax agency.

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