NEW YORK (AP) - Facebook's stock price fell Wednesday, the day employees were eligible to start selling restricted stock in the company.
A lock-up period that had prevented such sales expired on Monday. U.S. stock markets opened on Wednesday for the first time since Superstorm Sandy hit the
By GARY FINEOUTAssociated Press
TALLAHASSEE, Fla. (AP) - Florida is terminating a $20 million contract to build a website intended to help students, parents and teachers master new academic standards.
The Department of Education officially ended the contract on Tuesday, or roughly a week after
By DANIEL WAGNERAP Business Writer
MasterCard's net income rose strongly in the third quarter as its overseas business thrived, the company said Wednesday.
The payments company's business grew by virtually every measure. It processed 8.7 billion transactions, an increase of 24 percent
By CIARAN GILESAssociated Press
MADRID (AP) - Spain is feeling less pressure to seek European financial aid in the short term because its state borrowing costs have dropped since the European Central Bank announced its offer to buy bonds, a government official said Wednesday.
The official, who
By TOM KRISHERAP Auto Writer
DETROIT (AP) - Shares of General Motors surged Wednesday after the company announced big job cuts in Europe and reported third-quarter earnings that were far better than Wall Street expected.
The Detroit company said it has cut 2,300 jobs in Europe this year and
FOREST HILL, Texas (AP) - The man who rammed his car into a Fort Worth-area church then beat the pastor to death with an electric guitar apparently suffered from a mental illness, his widow said.
Speaking after a prayer vigil for the Rev. Danny Kirk Sr. Tuesday night, Shanellia Harris Birdow said
By JOHN HEILPRINAssociated Press
GENEVA (AP) - A day after UBS AG announced it was cutting up to 10,000 jobs by 2015, UBS chairman Axel Weber is warning that many of the Swiss banking giant's rivals may have to follow suit.
The Zurich-based bank is seeking to put scandals and losses behind
By The Associated Press
Your daily look at late-breaking news, upcoming events and stories that will be talked about on Wednesday:
1. SAFETY TOPS LIST OF CONCERNS IN DARKENED NEW YORK
Used to a life powered by the 24-hour deli, New Yorkers are grappling with security in streets and apartments
FRANKFURT, Germany (AP) - The European Central Bank has more dismal numbers about the slack eurozone economy.
The chief monetary authority for the euro reports a "pronounced net decline" in business demand for credit in the third quarter. Its quarterly bank lending survey shows that companies are
By CARLA K. JOHNSONAP Medical Writer
CHICAGO (AP) - Zac Vawter considers himself a test pilot. After losing his right leg in a motorcycle accident, the 31-year-old software engineer signed up to become a research subject, helping to test a trailblazing prosthetic leg that's controlled by