Facebook CEO Mark Zuckerberg has finally taken the plunge, marrying his longtime girlfriend Priscilla Chan today. Zuckerberg and the 27-year-old Chan wed at a small ceremony at his Palo Alto, California, home this afternoon, just days after the long-awaited Facebook IPO. Zuckerberg took the world’s largest social network public in one of the most anticipated [...]

Continue reading " Mark Zuckerberg Marries Priscilla Chan "

The big event came and went. The most successful technology IPO in history arrived this morning, as shares of Facebook shares opened at $42.05, above the pre-set price of $38. The stock’s price bounced around at first, several times falling back to $38 – but by 10 a.m. PDT / 1 p.m. EDT, it was [...]

Continue reading " Facebook Stock Price Goes Up, Down, Up after IPO (VIDEO) "

Here are your top highlights from this day in history for May 17, 2012: – The U.S. Supreme Court strikes down racially segregated public schools in Brown vs. Board of Education – Senate Watergate hearings begin – Birth of the New York Stock Exchange – The first Kentucky Derby held

Continue reading " Today in History for May 17 2012 (VIDEO) "

That massive $2 billion trading loss at JPMorgan Chase will claim its first casualty at the bank early this week, as CEO Jamie Dimon is reportedly ready to accept the resignation of the exec who oversaw the trade, Ina Drew. Drew, 55, has worked at the company for thirty years and is the current chief [...]

Continue reading " JP Morgan Chase Exec Ina Drew to Resign over Trading Debacle "

Apple has become one of the largest companies in the world, with impressive sales revenue that is only outmatched by their ever-rising stock price. Take a look at some of the amazing number behind the tech giant: – Apple’s revenue over the past 12 months is more than the GDP of New Zealand – Apple [...]

Continue reading " Apple by the Numbers (INFOGRAPHIC) "

Our obsession with Facebook has propelled the world’s most popular social network to insane heights. What does this mean for the company? Money – and lots of it. Rumors of a Facebook IPO have been running rampant of late. Wall Street is expecting a record-shattering amount of cash to be raised. How do the projected [...]

Continue reading " Everything You Need to Know about the Facebook IPO (INFOGRAPHIC) "

Farmers in Montana are suing former New Jersey governor and MF Global CEO Jon Corzine, claiming that the failed company stole millions from their personal accounts to pay off its outrageous debts. They also claim that Corzine’s “single-minded obsession” with making MF Global a household name on Wall Street led to the firm’s demise. Actually, [...]

Continue reading " Jon Corzine Sued by Farmers over Missing Millions "

There are gold coins, and then there are gold coins! A rare 1787 gold Brasher doubloon has been sold for a whopping $7.4 million, one of the highest prices on record for a gold coin. Blanchard & Co., the New Orleans-based coin company that brokered the deal, said the gold coin was purchased by a [...]

Continue reading " Rare 1787 Gold Coin Sells for Record $7.4 Million "

Here’s a head-scratcher. Former MF Global CEO Jon Corzine apologized to customers, employees, and investors who have suffered due to the company’s collapse, but said he doesn’t know where all the missing money is. “Their plight weighs on my mind every day — every hour,” Corzine said in 21 pages of remarks prepared for the [...]

Continue reading " Jon Corzine Sorry, Doesn’t Know Where Missing MF Global Funds Are "

Rep. Barney Frank (D-Mass.) will not seek reelection next year, according to The Huffington Post. Frank will discuss his decision to forgo running for another term at a 1 p.m. EST press conference in his home state. According to a close adviser, the new congressional district in which Frank would have run to represent was [...]

Continue reading " Barney Frank Not Seeking Reelection in 2012 "

Here’s a staggering figure. The amount of client money missing from collapsed trading firm MF Global may be over $1.2 billion, according to the trustee dismantling the firm’s brokerage unit. That’s more than double previous estimates. In other words, customers of MF Global have been essentially robbed of $1.2 billion…and almost everyone on Wall Street [...]

Continue reading " MF Global Shortfall Could Exceed $1.2 Billion "

As the Occupy Wall Street movement marks its two-month anniversary, the protests are getting ugly in New York as demonstrators hold a “Day of Action” in response to their eviction from Zuccotti Park earlier this week. There have been several clashes between police and protesters today and over 50 arrests so far. (UPDATE: Over 175 [...]

Continue reading " Occupy Wall Street ‘Day of Action’ Turns Brutal (LIVE VIDEO) "