Facebook falls to half of public offering price; drops to $19.05

NEW YORK (AP) - Facebook's stock fell to $19 for the first time on Friday, losing half its market value since the company's initial public offering in May. The stock dipped 87 cents, or 4 percent, to briefly hit $19, just minutes before it closed the trading day at $19.05. Facebook's shares ended the week down nearly 13 percent. <p style="line-height: 18pt; ...

Apple stock hits new high of $648.11 after 4-month dip

S&P 500 creeps near four-year high; Cisco surges

Gap's 2nd quarter profit up 29 percent

Groupon stock hits another low after 2Q results

SAN FRANCISCO (AP) - Groupon's stock hit another low, days after the online deals company issued a lackluster quarterly report. Groupon Inc. fell 32 cents, or 6 percent, to close Thursday at $5. Earlier it hit $4.97, its lowest level since its initial public offering in November. The stock's IPO price was $20, so it has lost 75 percent of its value. ...

Facebook plunges to $19.69 per share

People affected by refinery fire sue Chevron

RICHMOND (AP) - Nine people have sued Chevron Corp. over a California refinery fire that sent thousands to hospitals with respiratory issues and contributed to higher gasoline prices on the West Coast. The lawsuit filed Wednesday in Contra Costa County Superior Court claims Chevron was grossly negligent in its handling of refinery maintenance as well as emergency response to the blaze in ...

Olympic swimmer Michael Phelps again graces Wheaties cereal boxes

NEW YORK (AP) - With another six Olympic medals around his neck, swimmer Michael Phelps is once again touting the breakfast of champions. General Mills Inc. on Thursday unveiled limited-edition boxes of its Wheaties cereal featuring Phelps, who now holds a record 22 Olympic medals. Phelps was last featured on the box after the 2004 Olympics. After the ...

Target raises profit outlook on solid 2Q sales

MINNEAPOLIS (AP) - Target Corp. raised its full-year profit projection Wednesday after the cheap-chic discounter reported better-than-expected second-quarter revenue that showed healthy spending in food, beauty, fashion and other items.

Lacker: Fed's power to fix economy now limited

US economic recovery weakest since World War II

Cisco's 4Q earnings rise 56%

Shatner's Negotiator back in new Priceline spot

Facebook insiders can sell stock as 'lock-up' ends

Deals fatigue? Groupon stock 27 percent down

FDA will investigate added caffeine in foods

Pot taxes prove sticking point in Colorado

Google invading Siri's turf

Senior Citizens and Social Security disability

Smartphones overtake 'dumb' phone sales

Internet sales tax bill to hit roadblock in House of Reps

Prom spending is on the rise again

NEW YORK (AP) - The prom is making a big comeback.

Zuckerberg reaped $2.3B gain on stock options

GM: New Corvette to start around $52,000

Safeway's sales disappoint amid rising competition

Amazon reports lower 1Q earnings, higher revenue

Starbucks' profit shows Americans need coffee fix

Man says insurance won't cover bullet damage

Senate advances bill to tax Internet sales

Pot smokers can be fired, even in Colo.