What will Facebook do with $9 billion?

Facebook has finally filed to raise $5 billion through a public offering. But it hardly needs the cash: The company already has almost $4 […]

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Harvard

U.S. economic growth may not top 2 percent this year and a third round of quantitative easing by the Federal Reserve would have little effect, […]

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Canada December Inflation Slows to 2.3% as Gasoline Price Increases Ease - Bloomberg

Canada

Draghi Says Crisis Strategy Is Working as ECB Fights Threat From Turmoil - Bloomberg

European Central Bank President Mario Draghi says his strategy for battling Europe

French Business Confidence Climbs From Low - Bloomberg

French business confidence climbed from a two-year low last month and industrial output increased in November, indicating the euro-region

Retailers pay for holiday deals as profit forecasts slip

Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever — especially stores that cater to middle-income […]

Philippines Sees Speedier Offerings of Public Projects After Goals Missed - Bloomberg

The Philippines pledged to speed up a proposed offering of infrastructure projects to investors as President Benigno Aquino seeks investments to shield the economy from […]

Spain’s next PM: Very tough times lie ahead

Warning that very hard times lie ahead for Spain, the country’s next prime minister said his incoming conservative government aims to reduce Spain’s deficit by […]

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Canadians have holidays savings cushion: TD

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