Amazon buys 62-year-old book publisher Avalon Books
Amazon’s book selection is about to get a little more romantic, mysterious and cowboy-fied.
Warren Buffett auctions off a lunch date
For the 13th year in a row, the opportunity to share a power lunch with billionaire investor Warren Buffett will go to the highest bidder.
To cut 1,700 jobs, Verizon offers buyouts
In an effort to cut 1,700 jobs, Verizon Communications Inc. said on Monday that it offered voluntary buyouts to employees across 12 states.
Facebook stock down almost 30%
Facebook’s stock continued its decline Monday, as the share price sank to its lowest point following its initial public offering, a decline of more than 30%.
S&P: 1-in-3 chance Greece leaves euro
There is a one-in-three chance Greece will leave the euro currency union in the months ahead, according to Standard & Poor’s.
Groupon now worth less than the $6 billion Google offered
Andrew Mason could probably use a Groupon for a massage, a beer, or some comfort food right about now.
Stocks dominated by investor fear
Worries about a global growth slowdown and uncertainty surrounding Europe’s debt crisis kept investors on edge and trading choppy on Monday.
Teen hiring off to good start for summer jobs
Teenage job seekers had a pretty good month in May, even as adults struggled.
Post-Facebook IPO market frozen
The IPO market is settling into a deep freeze following Facebook’s troubled initial public offering two weeks ago.
Shunned by investors, gadget makers hit Kickstarter
When entrepreneur Julia Hu presented her prototype of a vibrating wristband alarm clock to a group Silicon Valley tech heavyweights, their responses ranged from skepticism to outright disbelief.
