Wall Street struggles to find Facebook's worth
In its three days of trading, Facebook's stock has dropped 18 per cent from its $38 issue price.
For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its ear
Dell Q1 net profit down nearly 33% at $635 million
Leading computer maker Dell on Wednesday said its net profit declined by nearly 33 per cent to USD 635 million in the first quarter of 2012-13 ended April, 2012, impacted by flat performance in the As
Gupta jury hears competing views of Rajaratnam ties
Former Goldman Sachs director Rajat Gupta was once on hedge fund billionaire Raj Rajaratnam's 'important people' list but excluded from a fantasy football celebration helicopter trip to Atlantic City
Dharun Ravi gets 30-day jail term for webcam spying
Indian American student Dharun Ravi was on Monday sentenced to 30 days in jail by a New Jersey judge on hate crime charges for using a webcam to spy on a homosexual roommate who later committed suicid
Prosecutor says Rajat Gupta cheated, abandoned duties
A former Goldman Sachs Group Inc board member ‘threw away his duties’ in divulging secrets about the investment bank to now-imprisoned hedge fund manager Raj Rajaratnam, a U.S. prosecutor said at the
Man survives plunge over Niagara Falls
A man survived a plunge of at least 180 feet (55 metres) over Niagara Falls in an apparent suicide attempt, only the third person known to have lived after going over the falls without a safety device
NY man who dressed as dead mom sentenced for fraud
A man who dressed up as his mother in a bizarre real estate fraud that involved doctoring her death certificate and cashing her Social Security checks for six years after she died was sentenced on Mon
Apple's Cook top-paid US CEO in 2011: Report
Apple chief executive Tim Cook topped the list of the best-paid CEOs in the US in 2011 thanks to stock options that put him more than $300 million above his next rival, a Wall Street Journal survey sh
Alibaba to buy back shares from Yahoo! for $7.1 billion
Alibaba, China's top e-commerce player, will re-purchase a 20-per cent state in itself from US portal Yahoo! for at least $7.1 billion, the companies announced on Sunday.
"At the minimum price and as
Rajat Gupta to face U.S. jury in insider trading case
Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.
On