Finance

Facebook's owners now plan to sell 25 percent more shares in the company as investors clamor for shares in the year's hottest stock offering.

When Hollywood set out to tell the story of how Mark Zuckerberg launched Facebook, it enjoyed the flexibility of portraying a man who, despite his social network's worldwide reach, was all but unknown to the public.

The shockwaves from Greece's failure to form a coalition government continued to reverberate around markets on Wednesday, with investors concerned that the country was heading for the euro exit door, thereby fracturing Europe's single currency.

Oil prices dropped to fresh six-month lows near $92 a barrel Wednesday in Asia after a report showed U.S. crude supplies surged more than expected last week.

LABOR REFORMS: Premier Mario Monti is pushing big changes to labor law, including a much-contested measure making it easier to fire workers. The changes are aimed at encouraging foreign investment and helping companies take on younger workers. But resistance has already forced the government to watr down the reforms.

Airbus parent company EADS said Wednesday its first quarter earnings were hammered by a hefty (EURO)158-million ($203-million) charge to fix problematic wing parts on its flagship A380 superjumbo.

The CEO of JPMorgan Chase offered a quick but blunt apology to shareholders Tuesday for a $2 billion trading loss that "should never have happened" and survived a push to strip him of the title of chairman of the board.

Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.

Without fanfare, the nation's nuclear power regulators have overhauled community emergency planning for the first time in more than three decades, requiring fewer exercises for major accidents and recommending that fewer people be evacuated right away.

U.S. credit card users are getting better about making more timely payments, even as banks are increasingly issuing cards to borrowers with less-than-stellar credit.

Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.08 percent, Dow Jones futures down 0.18 percent and Nasdaq 100 futures down 0.15 percent at 0930 GMT.

Asian shares inched up on Tuesday as Chinese factory data lent support to Australian stocks, but concerns about the U.S. economy and the euro zone capped prices.

Facebook Inc is increasing the size of its IPO by 85 million shares to about 422 million, a source familiar with the matter told Reuters, raising more than $15 billion in Silicon Valley's largest market debut.

President Barack Obama has $500,001 to $1 million in a JPMorgan Chase private client asset management checking account, according to financial disclosures released by the White House on Tuesday.

Applications for U.S. home mortgages surged last week, driven by increased demand for refinancing as interest rates hit fresh lows, an industry group said on Wednesday.

(Reuters) - General Electric Co's finance arm will resume quarterly dividend to the parent company and pay the largest U.S. conglomerate a $4.5 billion special dividend this year.

On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry.

(Reuters) - General Motors Co will stop advertising on Facebook, a move that comes during the same week the social networking website is due to go public.

(Reuters) - JPMorgan Chase & Co is expected this week to accept the resignation of Chief Investment Officer Ina Drew after the bank lost $2 billion or more with a failed hedging strategy using derivatives, sources close to the matter said on Sunday.

BHP Billiton , the world's biggest miner, said on Wednesday commodity markets are cooling and are expected to moderate further.

Don't drown under tons of old tax forms. Here are the best ways to organize your records.

Dream of getting in on the ground floor? Here's why you can't buy in on the next hot IPO.

Traveling abroad without an EMV credit card in your wallet may prove difficult.

The FHA is cutting fees on streamline refis, so more homeowners can afford to refinance.

Before opening a college account, you should tend to these three more urgent financial matters.

When you're self-employed, finances can get dicey. Learn to iron out the income highs and lows.

Even with successes "Get Shorty" and "Justified," the novelist still drives his old Volkswagen.

You found out your new mortgage is really a home equity line. Here's your loan lowdown.

This Mother's Day, thank Mom for childhood advice that's useful in your financial life today.

Don't become ensnared in a predatory loan trap. Look for the warning signs you're being stalked.