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NPR

Will Facebook's Shares Be Worth The Price?

Facebook's IPO could value the company at up to $100 billion. That would make it a very expensive stock for a company whose earnings are strong but not stratospheric. Investors who take the plunge will be making a wager that Facebook can capture a very large share of the advertising market.
NPR

Freddie Mac's Conflict Is 'Unsavory,' 'Shocking,' 'Stunning,' Key Senators Say

Two senators who have taken the lead on legislation aimed to help homeowners refinance are blunt about how concerned they are by the news NPR reported about Freddie Mac's "multibillion-dollar bets against American homeowners being able to refinance."
NPR

Facebook: From Dorm Room To Wall Street

In just eight years, Facebook has become the second-most-visited site in the world, behind only Google. The company announced Wednesday that it is going public and hopes to raise $5 billion in its initial public stock offering. The path to success has been quick, but not without conflict. This timeline highlights the events that took the company from an idea to billions of dollars.
NPR

Automaker Chrysler Posts First Profit Since 1997

The Auburn Hill, Mich.-based company, which is now majority owned by Italy's Fiat SpA, said it earned $183 million last year after a loss of $652 million in 2010. Better sales, especially those of the Jeep Grand Cherokee SUV, turned things around.
NPR

Investors Will Get To Friend Facebook By Late Spring

The social networking giant filed documents Wednesday to go forward with an initial public offering that could be the biggest in history. Investors are expected to spend about $10 billion buying up those initial shares, giving Facebook a total valuation that should be about $100 billion.
NPR

Sir No More: Former Bank Chief Stripped Of Title

The knighthood of Fred Goodwin, the ex-chief executive of the Royal Bank of Scotland, has been revoked. He led the bank to near-collapse in 2008, and his massive pension generated public outcry. Now, though, some people say the loss of his title is an attack on business.

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