Quick Business News from Google

New York Daily News
SJ unemployment rate drops sharply
Stockton Record
By Reed Fujii San Joaquin County's job market brightened in April as the annual spring surge of farm hiring helped push the unemployment rate down sharply to 15.4 percent from 16.7 percent in March and the April 2011 estimate of 17 percent, ...
State employment continues strong recoveryTulsa World
Muncie's unemployment rate drops by nearly a percentage pointMuncie Star Press
Butte unemployment rate dropped dramatically in AprilEnterprise-Record
Los Angeles Times -Cherry Hill Courier Post
all 1,136 news articles »

Sydney Morning Herald
Smartphones could be next on the agenda for Facebook
Sydney Morning Herald
With Facebook now sitting on $US16 billion after its flotation, will we see the massive social network do a Google and develop its own phone? With its flotation, many think that Facebook is now a juggernaut, sitting pretty on $US16 billion of cash and ...
Facebook's IPO not 'as exciting as it could have been': Single-digit increase ...Detroit Free Press
Facebook shares see modest debutBBC News
Facebook IPO falls flatMuncie Star Press
BusinessWeek -San Francisco Chronicle -The Tennessean
all 14,270 news articles »

CBC.ca
GM won't buy Super Bowl ads in 2013
Detroit Free Press
General Motors' Chevrolet Silverado pickup stars in its apocalyptic Super Bowl ad, shown during the big game in February. / General Motors By Alisa Priddle In continued efforts to consolidate and improve its marketing efforts, General Motors will not ...
GM bows out of Super Bowl adsMuncie Star Press
General Motors won't advertise during 2013 Super BowlCrain's Detroit Business
GM to Forgo Pricey Super Bowl AdsWall Street Journal
Reuters -The Detroit News
all 276 news articles »

Moneycontrol.com
Europe worries keep stocks down
The Advocate
By JOSHUA FREED AP business writer It's going to take more than Facebook's initial public offering to push the stock market higher. Facebook shares rose 23 cents above their $38 offering price. It seemed like everything else fell.
Investors face Europe woesAlbany Times Union
Wall Street ends lower; Facebook closes 0.6% up on Day 1Moneycontrol.com
US Stocks Slide Amid Lackluster Facebook IPO, Europe ConcernsWall Street Journal
MarketWatch
all 1,245 news articles »

Moneycontrol.com
Facebook Banker Morgan Stanley Props Up Price It Helped Boost
Bloomberg
Morgan Stanley, the lead underwriter in Facebook Inc. (FB)'s initial public offering, stands to take a hit from a stock market debut that stoked disappointment among investors in the largest social network. The bank stepped in to prop up the stock from ...
Morgan Stanley made big bet on FacebookEconomic Times
Morgan Stanley Got About 38% Of Facebook IPO Shares, Goldman Got About 15 ...Wall Street Journal
Morgan Stanley, Goldman got 53% of Facebook sharesMarketWatch
TheStreet.com
all 219 news articles »

Moneycontrol.com
Euro Drops Versus Dollar, Yen on Greece Crisis Contagion Concern
Bloomberg
The euro fell for a third week against the dollar, reaching a four-month low, after the failure of Greek leaders to form a government increased concern the debt crisis may spread to other nations in the monetary union. The 17-nation currency dropped ...
Greece: Germany's Merkel suggests euro referendumBusinessWeek
Recapitalize Greek banks to prevent fear in mkts: ExpertMoneycontrol.com
Rising Greek Political Star, Foe of Austerity, Puts Europe on EdgeNew York Times
Wall Street Journal -BBC News -Reuters
all 2,232 news articles »

AFP
Oil prices slide to 6-month low on Greece turmoil
San Francisco Chronicle
MARKETS Oil slides on Greece turmoil Oil dropped Friday to a six-month low in New York on concern that Greece will have to exit the euro system, compounding Europe's debt troubles and curbing fuel demand. Futures declined 1.2 percent after German ...
Oil prices edge up after saleCherokee Tribune
NYMEX-Crude down, hits biggest 3-wk loss since Aug '11Reuters
Oil, Hogs Fall; Gold, Natural Gas Rise: Commodities at CloseBloomberg
Wall Street Journal -BusinessWeek -MarketWatch
all 710 news articles »

msnbc.com
New York penthouse sells for a record $90 million
CNN
By Les Christie @CNNMoney May 18, 2012: 5:07 PM ET Take a look inside New York's most expensive penthouse by clicking on the picture above. NEW YORK (CNNMoney) -- An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, ...
New York City: ONE57 Hits $1 Billion in SalesDaily Disruption
At Over $90 Million, Sale of Midtown Penthouse Sets a New York RecordNew York Times
The Developer Behind a $90 Million PenthouseBusinessWeek
New York Post -Curbed Hamptons -GlobalPost
all 62 news articles »

Telegraph.co.uk
Spain's Regions Contribute to Wider Deficit
Wall Street Journal
By SANTIAGO PEREZ AND JONATHAN HOUSE MADRID—Spain's Budget Ministry said late Friday it has revised its budget deficit estimates for last year to a wider 8.9% of gross domestic product, largely because of more red ink reported by four regional ...
Greek politics, Spain banks test eurozone survivalBusinessWeek
European Stocks Post Biggest Weekly Drop in Eight MonthsBloomberg
European shares head for worst week since NovemberReuters
Financial Times
all 2,276 news articles »

Wall Street Journal
China Warns Solar-Panel Tariff May Backfire
Wall Street Journal
By WAYNE MA BEIJING—China unleashed a storm of protest across multiple outlets criticizing the US decision to impose a 31% antidumping tariff on Chinese solar-panel makers and said the action could backfire on US industries.
China rejects US ruling in solar dumping caseThe Associated Press
German Stocks Decline fof Fifth Day; BMW Sinks on ChinaBloomberg
China blasts US over tariffs on solar importsGlobe and Mail
Financial Times -Chicago Tribune
all 638 news articles »

New Zealand Herald
TEXT-Fitch cuts OTE to 'B-';remains on rating watch negative
Reuters
May 18 - Fitch Ratings has downgraded Hellenic Telecommunications Organization SA's (OTE) Long-term foreign currency Issuer Default Rating (IDR) and OTE PLC's senior unsecured ratings to 'B-' from 'BB'. The ratings remain on Rating Watch Negative (RWN) ...
Greece downgraded deeper into junkCNNMoney
Fitch ratings agency downgrades Greece by 1 notch to CCC, citing risk of euro exitWashington Post
Fitch downgrades Greece, cites euro exit riskThe Associated Press
Bloomberg -Wall Street Journal
all 415 news articles »

Moneycontrol.com
G-8 Meets as Schaeuble Says Markets Face Two Years of Turmoil
BusinessWeek
By Mark Deen on May 18, 2012 German Finance Minister Wolfgang Schaeuble said that turmoil in the financial markets caused by Europe's debt crisis may last another two years, as Group of Eight leaders prepared to discuss Greece and its impact on the ...
European shares set for biggest decline since NovReuters
Spectre of Greek eurozone exit deepens crisis, hits SpainEconomic Times
Obama expected to push for growth at G-8 summitLos Angeles Times
ABC News
all 8,852 news articles »

AFP
Japan launches first commercial satellite
GlobalPost
Japan has completed its first successful launch of a foreign, South Korean-made satellite, fulfilling a decades-long quest to break into the European and Russian-dominated commercial launch business. Japan's H-2A rocket lifts off from the launch pad at ...
Mitsubishi Heavy Makes Japan's First Commercial Satellite LaunchBloomberg
Japan Launches Space-Cargo PushWall Street Journal
Japan in first commercial satellite launchAFP
The Associated Press -The Verge
all 232 news articles »

Belfast Telegraph
German Fin Min Expects Markets To Calm In 12 To 24 Months
Wall Street Journal
By Nadya Masidlover Of DOW JONES NEWSWIRES PARIS (Dow Jones)--German Finance Minister Wolfgang Schaeuble said Friday that he expects markets to calm in the next 12 to 24 months, as the euro zone continues to face a crisis of confidence amid Greek ...
Schaeuble: euro zone market turmoil to last 12-24 monthsReuters
Germany's Schaeuble: crisis may last for 2 yearsSacramento Bee

all 156 news articles »

Bloomberg
Stock index futures point to modest rebound
Reuters
US stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 and the Dow Jones up 0.2 percent and Nasdaq futures up 0.3 percent at 4:41 am EDT. Japan's Nikkei average .N225 dived 3 percent on Friday to ...
S&P 500 Falls at 3 Times 2011 Rate as May Losses DeepenBloomberg
Stocks Drop on Europe, Manufacturing Data as Gold RalliesBusinessWeek
Spanish Bank Woes and US Data Hurt SharesNew York Times
TheStreet.com -International Business Times -San Francisco Chronicle
all 157 news articles »

The Guardian
Hewlett-Packard to axe up to 30000 jobs
The Guardian
Hewlett-Packard is planning to cut as many as 30000 jobs, in one of the world's biggest redundancy programmes in recent years. The computer and software company, which employs 324600 people worldwide, is expected to announce it is cutting 8% of its ...
Hewlett-Packard Said to Consider Cutting as Many as 25000 JobsBloomberg
Hewlett-Packard to cut 30000 jobsCincinnati Business Courier
Report: Hewlett-Packard to slash 25000 workersUSA TODAY
Washington Post -Wall Street Journal
all 390 news articles »

New York Times
Glaxo undeterred by Human Genome 'poison pill'
Boston.com
LONDON—GlaxoSmithKline says it will persist with its bid to take over US company Human Genome Sciences despite the target's new `poison pill' defense. In a statement issued after the market closed on Thursday, GSK said it believes its $13 per share ...
GlaxoSmithKline target adopts 'poison pill'Philadelphia Inquirer

all 261 news articles »

TheBull.com.au
Gold jumps, heads for biggest 2-day gain since October
Reuters
By Josephine Mason and Jan Harvey | NEW YORK/LONDON (Reuters) - Gold rose more than 1 percent on Friday, on track for its largest two-day gain since October, boosted by investors' consolidation of positions ahead of the weekend and a stronger euro.
PRECIOUS METALS: Comex Gold Rebounds To End Wild Week Up 0.5%Wall Street Journal
Comex Gold Ends at Bullish Weekly High Close Friday, to Begin to Suggest ...Forbes
Gold Set for Third Weekly Decline as European Risks Curb DemandBloomberg
MarketWatch -BusinessWeek -TheStreet.com
all 67 news articles »

Union Leaders Of United Continental Pilots Call For Strike Vote
Wall Street Journal
Union leaders of Continental Airlines and United Airlines pilots said they plan to call for a vote to strike against their employer, air carrier United Continental Holdings Inc. (UAL). The date of the vote hasn't been determined.
United, Continental pilots cleared to call a strike voteChicago Tribune
Leaders of UAL pilots' union call for strike voteReuters
Pilot unions seek strike voteHouston Chronicle
Crain's Chicago Business -Pacific News Center
all 18 news articles »

Moneycontrol.com
Spain beset by bank crisis, downgrades, bond pressure
Reuters
By Carlos Ruano and Julien Toyer | MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's ...
Spain debt costs to leap at bond sale as investors eye GreeceCNBC.com
Spain banking sector shaken by report of bank runThe Associated Press
Aust bonds up as Spanish banks take hitSydney Morning Herald
Financial Times -MarketWatch -New York Times
all 618 news articles »