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Money - Feed
Find the latest news stories from CBC on the topic Money. |
 Facebook shares fall sharply Shares of Facebook were down around 12 per cent early in their second day of trading, with one analyst suggesting underwriters were too rosy in their estimates of demand for the stock in its IPO last week.
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 Zuckerberg ties the knot Facebook founder and CEO Mark Zuckerberg updated his status to "married" on Saturday.
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 GM won't runs ads in Super Bowl General Motors says that it costs too much to advertise during the Super Bowl.
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 Mark Zuckerberg opens NYSEFacebook CEO Mark Zuckerberg rang the bell to open the NYSE on Friday as his company made its stock market debut.
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 China rejects US solar dumping ruling China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.
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 Facebook shares seesaw around $40 Facebook CEO and founder Mark Zuckerberg took the company public on Friday but the stock price briefly flirted with crossing below its IPO price.
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 Europe's debt crisis could last 2 years, minister says The euro fell to a four-month low against the U.S. dollar Friday after Germany's finance minister said the market turmoil over Europe's debt crisis could drag on for up to two more years.
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 Don't like high credit card fees? Then don't use them A tribunal has begun to decide whether the credit card companies or retailers are to blame for high prices in Canadian stores.
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 Blockupy protesters target Europe's austerity measures Police in Frankfurt were preparing for as many as 30,000 protesters to join in the so-called "Blockupy" demonstration underway in Germany's financial capital.
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 Old Age Security affordable without changes, watchdog says Canada can afford its Old Age Security system without making younger Canadians wait an extra two years to receive benefits, Parliamentary Budget Officer Kevin Page said in a report Thursday.
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 CPP posts 6.6% return for the year Canada's national pension plan had $161 billion in assets at the end of its recently-completed fiscal year, up from $148 billion the previous year.
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 Environmental review panels will set witnesses, MPs told Panel members will decide who will be allowed to appear at future environmental reviews on a "case-by-case, project-by-project" basis, a sub-committee looking into the government's budget implementation bill heard this morning.
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 Facebook prices IPO at $38 US Social networking giant Facebook has priced its initial public offering at $38 US a share, making it the largest internet IPO. Shares will begin trading on the Nasdaq tomorrow.
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 Does Facebook have staying power? Facebooks first sharing offering, expected Friday, could end up valuing the social media site at over $100 billion. But market capitalization aside, will Facebook remain the be-all of online interaction?
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 Sears cuts stake in Canadian unit Sears Canada says its U.S. parent will dramatically reduce its holdings in the troubled department store chain and may sell all of its stake.
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 U.S. leading indicators dip A measure of future U.S. economic activity fell in April after six months of increases. The drop reflected fewer requests for building permits and a temporary spike in applications for unemployment benefits.
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 Spanish bank shares plummet on Bankia cash crunch Shares in a bank recently nationalized by the Spanish government plummeted Thursday on rumours that customers were pulling out their deposits.
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 Shops revive Irish pound amid economic woes Shop owners in Clones, a small town in Ireland, are embracing a currency that's been out of circulation for a decade in a bid to boost business.
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 Ackman wins CP fight for board control The embattled chief executive of Canadian Pacific Railway has announced his departure, ending a months-long battle with a major shareholder and marking a new chapter for an iconic company almost as old as the country.
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  Jean Chr
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 U.S. housing starts rise in April U.S. builders started work on more homes and apartments last month and requested more permits to build single-family homes. The increases suggest the battered housing market is healing.
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 JPMorgan faces FBI investigation, lawsuits The FBI confirmed Wednesday it has opened a "preliminary" investigation into a $2 billion US trading loss at the biggest U.S. bank, JPMorgan Chase.
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 Canada's environmental standards lagging, advisory panel says Research by the soon-to-be axed National Round Table on the Environment and the Economy warns that Canada is behind on international business standards for greener technologies, as well as emissions standards to reduce the climate change impact of long-term infrastructure.
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 Vermont becomes 1st state to ban fracking Vermont's governor has signed into law the first state ban on a hotly debated natural gas drilling technique called hydraulic fracturing.
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 Federal Reserve moves closer to more stimulus Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate.
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