Wall Street Journal
Facebook's IPO Sputters
Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.
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Dewey Closer to Bankruptcy Filing
Dewey & LeBoeuf is readying a possible bankruptcy-protection filing for sometime in the next several weeks, a move that would initiate official liquidation of the beleaguered New York law firm.
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Launch Aborted Over Faulty Valve
Space Exploration Technologies said a faulty engine valve was the culprit behind Saturday's aborted launch of the first private spacecraft aiming to dock with the international space station.
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Seaway Crude Oil Pipeline Starts First Flow
Enterprise Products Partners and Enbridge said Saturday that the Seaway pipeline has started to accept crude oil at the Cushing, Okla. storage hub for delivery to the U.S. Gulf Coast.
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China Clears Google to Buy Motorola Mobility
Google said Saturday that Chinese antitrust authorities have cleared the Internet giant's purchase of Motorola Mobility Holdings, pushing the $12.5 billion deal over its last regulatory hurdle.
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J.P. Morgan Struggles to Unwind Huge Bets
The size of J.P. Morgan's bets is bogging down its efforts to extract itself and threatening deeper losses.
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G-8 Leaders to Discuss Economic Woes
Leaders of the world's eight richest economies gathered in Camp David, Md., Saturday to discuss how to deal with the European debt crisis amid fresh concerns that it could spark widespread financial turmoil.
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SpaceX's Pioneering Flight Plans
Space Exploration Technologies is set to launch the first private spacecraft seeking to dock with the International Space Station, carrying with it the aspirations of scores of other commercial space ventures.
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China: Solar-Panel Tariff May Backfire
China unleashed a storm of protest criticizing the U.S. decision to impose a 31% antidumping tariff on Chinese solar-panel makers.
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Chesapeake Cuts Pay, Jet Travel for Board
Chesapeake Energy said board members will take a 20% pay cut and no longer have personal use of company aircraft, the latest move by the embattled natural-gas company to placate critics.
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Orange Juice Feels Supply-Demand Squeeze
Orange-juice futures dropped below $1 a pound in intraday trading for the first time in 2½ years.
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Winnebago Gets Offer
Winnebago Industries received a $322 million takeover offer from a private-equity firm that wants to bring foreign car and truck assembly to the recreational vehicles maker.
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For Gupta Trial, Tension and Tips
Lawyers for former Goldman Sachs director Rajat Gupta say he was estranged from convicted hedge-fund mogul Raj Rajaratnam at the time of some alleged tips. Prosecutors say the friendship broke down much later.
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MF Global Trustee Collects $168 Million
J.P. Morgan agreed to hand over $168 million to a bankruptcy trustee representing customers of MF Global.
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Dow Swoons for Sixth Day
A day billed as Facebook's coming-out party ended up marking a much gloomier event: the stock market's worst week in six months.
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GM to Forgo Pricey Super Bowl Ads
General Motors has decided it won't advertise in the next Super Bowl, balking at steep ad rates as the auto maker overhauls its global marketing operations.
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Judge to Rule in AMR Labor Trial by Late June
American Airlines will have to wait longer than previously expected for a bankruptcy judge's decision on whether the carrier can impose new labor contracts.
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Repsol Cancels Argentine LNG Shipments
Spain's Repsol is canceling 10 LNG shipments to an Argentine public energy company that it says isn't honoring the supply contract.
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EU Officials: Greek Exit Plans Discussed
Europe has begun to prepare for Greece's exit from euro zone ahead elections next month that are fast becoming a referendum on the country's membership in the common currency.
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India's Drug Proposals Spark Debate
India's government is facing stiff resistance from foreign and local pharmaceutical companies over its plan to severely limit prices for drugs.
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