CBOE to start listing Facebook option contracts this month

by IndustryAnswer on May 19, 2012

Because of high investor interest, the Chicago Board Options Exchange will start listing Facebook option contracts on May 29, sooner than normal. Facebook shares fell flat on their Nasdaq debut, but another trading venue for the stock will open later this month.

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CBOE to start listing Facebook option contracts this month

April job losses end state’s eight months of gains

by IndustryAnswer on May 19, 2012

Jobless rate falls as discouraged workers leave the labor force. Economists are disappointed by results amid a worsening state budget deficit, but cite long-term improvements. California’s labor market stumbled in April as employers in a wide swath of industries trimmed their payrolls, shaking the state’s long-sputtering economy.

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April job losses end state’s eight months of gains

Backers of health insurance rate regulation edge closer to ballot

May 19, 2012

Supporters of a proposed ballot measure seeking tighter regulation of health insurance rates in California turned in 800,000 petition signatures, confident that they will qualify for the Nov. 6 election.

Electric car network gets first test in Israel

May 19, 2012

Israeli entrepreneur Shai Agassi has begun rolling out the world’s first nationwide electric car network. Now, will the drivers come?

The Real Appeal of Entrepreneurs, from Ira Glass to Zuck: Authorship of Life

May 19, 2012

%excerpt% Originally posted here: The Real Appeal of Entrepreneurs, from Ira Glass to Zuck: Authorship of Life

Facebook fails to live up to its hype

May 19, 2012

NEW YORK – It was barely “like” and definitely not “love” from Facebook investors as the online social network’s stock failed to live up to the hype in its trading debut Friday.

Insurance broker admits defrauding Philly Housing Authority

May 19, 2012

A politically connected insurance broker pleaded guilty Friday to defrauding the Philadelphia Housing Authority of $2.3 million and is now naming names for federal authorities of public officials and others who allegedly have accepted bribes or kickbacks in return for business.

Manulife, Metlife submit bids for ING Asia sale: sources

May 19, 2012

HONG KONG (Reuters) – Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING’s entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia M&A insurance deal ever. ING’s long awaited sale of Asian life insurance and the asset management units will help the Dutch bancassurer to partly repay the 3 billion euros ($3.81 billion) of state aid plus the 50 percent premium it still owes the Dutch government. The bids were submitted late on Friday and the indicative offers ranged between 6-7 billion euros ($7.6-$8

Pay packages keep rising for Chicago-area CEOs

May 19, 2012

But shareholder say-on-pay voting has some companies revising compensation plans Our annual examination of CEO compensation for the region’s largest publicly traded companies shows that many corporate leaders pulled down big packages, while the group saw median pay increase 8.5 percent. That compares with a median increase of 6 percent nationally, according to Equilar, an executive compensation data firm that researched the data for the Tribune.

Microsoft Wins Ruling Against Motorola’s Android Phones

May 19, 2012

Microsoft Wins Ruling Against Motorola’s Android Phones http://snapvoip.blogspot.com/ A U.S. ITC judge found that Motorola Mobility has infringed on a patent covering a program called ActiveSync by Redmond, Washington-based Microsoft. According to sources, ActiveSync lets users share meeting requests among a group.

Will European Woes Trigger QE3, Death of Euro?

May 19, 2012

%excerpt% Read the original post: Will European Woes Trigger QE3, Death of Euro?

Metro shooting

May 19, 2012

Both victims received non-life-threatening injuries , and the shooter was apprehended within eight minutes outside a nearby gas station, police said.

As lake season ramps up: Don’t forget about basic water safety

May 19, 2012

%excerpt% Read the original here: As lake season ramps up: Don’t forget about basic water safety

China Biggest Perpetrator of Economic Spying: Pentagon

May 19, 2012

%excerpt% View original post here: China Biggest Perpetrator of Economic Spying: Pentagon

Sudden wealth part of Silicon Valley’s everyday

May 19, 2012

In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook’s IPO on Friday didn’t bring everyday life to a halt.

Facebook stock finishes flat in debut

May 19, 2012

In the hours before Facebook’s stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company’s 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering.

Collin County’s growth in property values comes from new construction

May 19, 2012

%excerpt% Link: Collin County’s growth in property values comes from new construction

Postal Service to close Tredyffrin mail-processing center where 733 work

May 19, 2012

A Tredyffrin Township mail-processing center that employs 733 will be closed and its operations consolidated in Philadelphia, but a second center in Horsham was spared in this nationwide round of cutbacks announced by the U.S. Postal Service, which faces billions of dollars in losses.

Apple: 2 Tablets to Rule Them All?

May 19, 2012

SpaceX’s Pioneering Flight Plans

May 19, 2012

Space Exploration Technologies is set to launch the first private spacecraft seeking to dock with the International Space Station, carrying with it the aspirations of scores of other commercial space ventures.

CFTC opens probe into JPMorgan trading loss: source

May 19, 2012

(Reuters) – The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank’s multi-billion-dollar trading loss, a source familiar with the probe told Reuters.

ABA Webinar on AIA – Patent Docs

May 19, 2012

ABA Webinar on AIA Patent Docs The American Bar Association (ABA) Section of Intellectual Property Law, Young Lawyers Division, and Center for Continuing Legal Education will be offering a live webinar and teleconference entitled “Understanding the America Invents Act: A Sweeping … and more »

Rail worker crushed by roll of newsprint

May 19, 2012

An engineer with a local rail line was killed Friday morning when an 1,800-pound roll of newsprint fell on him as he opened a railcar door to unload the paper at The Inquirer and Philadelphia Daily News’ Schuylkill Printing Plant in Upper Merion. The name of the man, who was in his 40s and lived in Delaware, was not immediately released.

Weekend daily deals in New Orleans

May 19, 2012

If you are in and around the New Orleans area this weekend, here are some great deals for you to click on and take advantage of.

Greece and Germany in War of Words Over Euro Crisis

May 19, 2012

A telephone conversation on Friday between Germany’s chancellor and Greece’s president became the latest flashpoint in the unfolding crisis over Greece’s membership in the euro.

Dewhurst, Cruz take bigger swings at each other as primary looms

May 19, 2012

%excerpt% Read this article: Dewhurst, Cruz take bigger swings at each other as primary looms

Rangers control Astros in 4-1 win

May 19, 2012

%excerpt% Continued here: Rangers control Astros in 4-1 win

Behind Army’s $17,000 drip pan, a Kentucky lawmaker’s earmark

May 19, 2012

%excerpt% Go here to see the original: Behind Army’s $17,000 drip pan, a Kentucky lawmaker’s earmark

Home sales stronger, but with caveats

May 19, 2012

The nation’s Realtors say they have just finished the strongest first quarter in home sales in five years, and sales contracts are pointing to a strong second three months.

Tsipras, Greek Political Star, Puts Europe on Edge

May 19, 2012

The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.

CFTC opens probe into JPMorgan trading loss: NYT

May 19, 2012

(Reuters) – The Commodity Futures Trading Commission (CFTC) has opened an enforcement case to examine possible wrongdoing at JPMorgan Chase & Co in connection with the bank’s multi-billion-dollar trading loss, The New York Times said late on Friday, citing people briefed on the matter. The CFTC would join the FBI and the U.S. Securities and Exchange Commission among federal agencies examining the loss, which the largest U.S

Facebook Builds Network of Friends in Washington

May 19, 2012

Over the last five years, Facebook employees have met with members of Congress and walked them through ways to best to use the Web site.

Mexico detains 3 generals believed tied to drug cartels

May 19, 2012

%excerpt% Continued here: Mexico detains 3 generals believed tied to drug cartels

Dewey to consider bankruptcy filing: source

May 19, 2012

NEW YORK (Reuters) – Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday.

Your Money: Managing Risk in Your Nest Egg – Your Money

May 19, 2012

In light of JPMorgan Chase’s multibillion-dollar loss, a look at how individuals can manage risk in their own investments with trade-offs and moderation.

CFTC Said to Open Inquiry Into JPMorgan Loss

May 19, 2012

%excerpt% See original here: CFTC Said to Open Inquiry Into JPMorgan Loss

DealBook: Facebook’s Debut Marred by Trading Problems

May 19, 2012

Facebook’s $16 billion offering was the biggest I.P.O. that Nasdaq had ever listed.

Is This Company the Apple of Toymakers?

May 19, 2012

Facebook IPO falls short of the hype

May 19, 2012

Facebook’s flat performance on its first day of trading raises questions about the stock’s prospects. There wasn’t much to like about Facebook’s first day as a public company.

DealBook: After Buildup, a Modest Start for Facebook

May 19, 2012

While disappointing new investors who were betting on fast gains, Facebook had a wide winner’s circle, creating huge paper gains for scores of early insiders, hundreds of employees and some stragglers who bought stakes recently.

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