Tag: Wall Street

Asian shares skid as crude oil plumbs 12-year lows

Wed Jan 13, 2016/Reuters By Lisa Twaronite Asian shares skidded on Thursday in the wake of steep losses on Wall Street, while a rout in oil and commodities prices, with crude plumbing 12-year lows, heightened fears about the global economy. U.S. crude prices CLc1 were last down slightly at $30.47 […]

GLOBAL MARKETS-Yuan drops most in 3 years, Wall Street near all-time high

* Yuan sees biggest drop in almost three years after PBOC moves * Contrasts with world stocks at 6-year high; Wall St opens at peak * Gold holds recent gains, major currencies rangebound   The repatriation of investors’ cash into developed markets was underscored on Tuesday as Wall Street opened […]

Facebook Turns 10: The Mark Zuckerberg Interview

By Brad Stone and Sarah Frier January 30, 2014 Mark Zuckerberg doesn’t usually observe sentimental anniversaries. This year he’s confronted by three of them. On Feb. 4, Facebook (FB), the company he co-founded in a Harvard University dorm, turns 10 years old. The prodigy himself turns 30 in May. It’s […]