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LOCAL BUSINESS NEWS
Facebook Raising Price Of Stock
New York, N.Y. - (AP) - Facebook is raising the price at which it plans to sell stock to the public.
Wegmans Launches Gluten-Free Food Line
Rochester, N.Y. - Shoppers can buy pasta and baking mixes in stores.
Raw Video: Eastview Bon Ton Store Demolished
Victor, N.Y. -- Construction is underway at Eastview Mall. Video Video
Many Americans Crushed By Student Loan Debt
Student loan debt is a problem facing people of all ages.
New Pharmacy Opens In Rochester
Rochester, N.Y.- A celebration was held Thursday to celebrate the opening of a new pharmacy on Rochester’s northeast side.
NATIONAL BUSINESS NEWS
US housing starts rose in April
U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
Facebook boosts size of IPO
Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering.
Deere fiscal 2Q profit rises
Deere is posting a 17 percent spike in profits for the second quarter is raising its outlook for the year, with farm receipts expected to hit historic heights.
Target's 1Q profits up 1.2 percent
Target Corp. is reporting a 1.2 percent increase in first-quarter profit as the discount chain pulled in more shoppers with its food and trendy fashions.
Report: Nokia loses cellphone top spot
Nokia has been bumped off its 14-year top spot as the world's largest cellphone company by Samsung, according to a British research firm.
ABC BUSINESS NEWS
Facebook and Other Garage Beginnings
Many corporate giants had humble beginnings. As Facebook goes public, here is a list of some others that started in dorm rooms, garages, and in one case, a church crypt.
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The Summer Jobs Market Heats Up
Morning Business Memo Looking for a summer job? A new report out today says employers in many industries are boosting their hiring plans. “We found that 29 percent of employers...
Woman, 73, Says Age Has Kept Her Unemployed
Sheila Whitelaw, from Philadelphia, is a college graduate and has managed three different non-profits as executive director. Whitelaw said one particular trait may have caused difficulty in her two-year search...
Facebook IPO: If You Bought 10 Shares of …
In the coulda/woulda/shoulda category with Facebook’s upcoming IPO, here is how you might have fared with some other IPO stocks: Johnson & Johnson for $375 at its IPO price in...
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