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Market Update - A funny thing happened when one formerly soccer-loathing MarketWatch reporter moved from California to London. He became a Chelsea fan. But don’t tell anybody. 
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Business News
ROSH HAAYIN, Israel (AP) — Israeli entrepreneur Shai Agassi has begun rolling out the world's first nationwide electric car network.
NEW YORK (AP) — In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering.
CAMP DAVID, Md. (AP) — President Barack Obama and leaders of other major industrial powers grappled Friday with options to solidify world resolve against development of an Iranian nuclear bomb and encourage a more forceful response to worsening violence in Syria.
EDITOR'S NOTE — Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23.
NEW YORK (AP) — Taking a company public isn't as simple as collecting Facebook friends. Even if the company is Facebook. When its stock started trading Friday under the symbol FB, buyers quickly bid the price up 6 percent.
It's Facebook's big day. The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billion people, is making the most talked-about stock market debut in years.
MADRID (AP) — Concern grew for the stability of Spain's place in the fragile eurozone economy after reports of a rise in the level of bad loans on the books of its banks and word from the government Friday that it may have to revise its 2011 budget deficit upwards for a second time.
MENLO PARK, Calif. (AP) — In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook's IPO on Friday didn't bring everyday life to a halt.
MONTREAL (AP) — Quebec's provincial government passed an emergency law Friday that will shut some universities and impose harsh fines on protesters blocking students from attending classes as the government looks to end three months of demonstrations against tuition hikes.
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.
LONDON (AP) — British officials have given their word: "We won't read your emails." But experts say the government's proposed new surveillance program will gather so much data that spooks won't have to read your messages to guess what you're up to.
WASHINGTON (AP) — The unemployment rate fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
DETROIT (AP) — Mark Reuss has arguably the most important job at General Motors. He runs the company's North American business, its largest and most profitable.
WASHINGTON (AP) — The leaders of eight of the world's biggest economies meet this weekend outside Washington, seeking to keep Europe's debt crisis from spiraling out of control and jeopardizing fledgling recoveries in the U.S.
NEW YORK (AP) — EDITOR'S NOTE — Facebook begins selling stock to the public Friday in the most talked-about market debut in years.
SAN FRANCISCO (AP) — EDITOR'S NOTE — Facebook begins selling stock to the public Friday in the most talked-about market debut in years.
Oil prices edged toward $93 a barrel Friday as financial markets stabilized after a sharp two-week sell-off caused by the latest flare-up in Europe's debt crisis and a gloomy economic outlook.
LONDON (AP) — HSBC may decide to sell its U.K. retail banking operations, depending on the impact of yet to be announced new banking regulations, published reports say.
HANOI, Vietnam (AP) — State media say Vietnamese police have arrested four senior executives at a major state-owned shipping company for alleged mismanagement in another high-profile scandal.
BEIJING (AP) — China's government on Friday rejected a U.S. antidumping ruling against its makers of solar power equipment and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.
BANGKOK (AP) — World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.
TAIPEI, Taiwan (AP) — Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949.
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