Honda Civic hybrid owner Heather Peters brought and won a small claims suit against Honda Motor Company because her car failed to achieve the 50 miles per gallon fuel efficiency the company claimed the car could get. She won $9,867 in damages, which exceeds the proposed class action settlement in a suit brought against Honda by Civic hybrid owners which was rejected by a Federal judge last year. Jerry Hirsch of the Los Angeles Times has been following both cases and fills Melissa Block in on the story.
The social network filed to go public, hoping to raise $5 billion in a huge IPO. The markets are buzzing, but what might it mean for an individual investor? Melissa Block gets the story on high profile IPO's work from Evelyn Rusli, DealBook reporter at the New York Times.
Mark Pincus' company is the maker of FarmVille and other games played on Facebook. He's worth $1.3 billion, and he may see that number grow if he meets his goal: to expand the universe of digital game players from sci-fi geeks to soccer moms and their kids.
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.
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