UNITED STATES

Eduardo Saverin Speaks Out; 'I Will Pay Hundreds Of Millions Of Dollars In Taxes To The American Government,' Says Facebook Co-Founder

Eduardo Saverin
Facebook co-founder Eduardo Saverin has been pretty uncommunicative ever since the details of his flashy Singapore lifestyle, along with the renouncing of his American citizenship, made news headlines. But that all changed recently when Zuckerberg's former business partner, now a newly made billionaire thanks to the Facebook IPO, sat down for an interview with a magazine from his family's native Brazil.
Vieques Island, Puerto Rico

Puerto Rico Bets On American Tourists To Repay Debt

Americans have long been in love with Puerto Rico's high-yielding municipal bonds. Now the Caribbean island hopes they will flock to its sand, surf and spanking new resorts to help pay off massive debts.
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Texas Manufacturing Strong In May: Dallas Fed

Texas manufacturing grew in May while the state's production index was steady, indicating sustained growth from the month before, although the outlook is poor, the Federal Reserve Bank of Dallas said Tuesday.
Facebook

Facebook Shares Plunge To New Lows

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell to a new low following its $16 billion May 17 initial public offering.
US Consumer Sentiment

US Consumer Confidence Slumped in May: Report

U.S. consumer confidence dropped in May for the second consecutive month, and the expectations index likewise fell, suggesting that economic growth is slowing, the Conference Board said Tuesday.
Buffett-backed BYD opens up 22 pct after $219 mln China IPO

Chinese BYD Shares Bungee After Fatal Electric Car Crash

Shares of Chinese electric carmaker BYD Company Ltd. (Hong Kong: 1211), which is partially owned by Warren Buffett, recovered some of the losses suffered after one of its e6 electric cars caught fire in a crash which killed three people in southern China.
Taking A Pill

Painkillers Tied To Lower Skin Cancer Risk [STUDY]

In a new study from Denmark, people who had taken aspirin, ibuprofen and related painkillers -- especially at high doses and for years at a time -- were less likely to get skin cancer, compared to those who rarely used those medications.
US Stocks

Global Equities Advance, U.S. Data Eyed

European stocks recovered from early losses Tuesday as traders anticipate the U.S. data to show improving consumer confidence and a stabilizing housing market. Meanwhile, Asian equities rallied for a second straight day on hopes that China may introduce further stimulus policy. U.S. index futures rose.
hase

Missing New York Beauty Salons: Here Beauty Never Shuts Up

Am I the only woman in the world who doesn't like going to the salon? Whether it's for a manicure, a haircut or a color, I actively dread the experience. Not because I dislike the procedures themselves, but because I can't stand having to spend hours of my life engaged in inane chitchat with the stylist.
Tobacco can be used as a natural pesticide which is good news for farmers who have seen sales drop due to public health concerns. (Photo credit: The Goldsboro News-Argus)

California Tobacco Tax Measure Risks Going Up In Smoke

Health-conscious Californians may mostly oppose smoking for its costs to public health and the economy but an aggressive tobacco industry campaign and general anti-tax sentiment may block a measure to raise taxes on smokers.

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