Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its over-reliance on Facebook, dimming growth prospects, and outsized control by CEO Mark Pincus.
Moody's threat to downgrade Ontario's debt rating will likely spur the Canadian province to take bolder moves to rein in its C$16 billion ($15.4 billion) deficit.
A rally in stocks fizzled, leaving major indexes with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data signals better times ahead and fear Europe's debt crisis will engulf world economies.
Six thousand registered nurses are ready to walk out of three of the biggest city hospitals, Mr. Sinai, Montefiore and St. Luke's-Roosevelt.
The most powerful group at Google Inc used to be known simply as The OC, short for operating committee. Now, it goes by a more telling name: L Team, short for Larry's Team.
This is fourth in TheWrap's series of studio report cards.
By revealing the digital tricks behind the blue-skinned Na'vi, Fox is expecting to start seeing lots of green this holiday season.
Salesforce.com Inc is entering the business of selling human resources software in a move that raises the stakes in its battle to woo customers away from bigger rivals SAP AG and Oracle Corp..
Deutsche Bank AG has launched the sale of a large chunk of its global asset management business, with a price tag seen between 2 billion euros ($2.6 billion) and 3 billion, two financial sources familiar with the sale process said on Friday.
Relativity Media has entered into a joint venture with German distributor Senator Entertainment, the studio announced Wednesday.
Apple was named the 10th best place to work in America, from a survey of more than 250,000 employees from more than 65,000 companies.
Something has to change. Consider only that a government shutdown threat is with us again. Seems we can't have a good old-fashioned budget battle in Washington these days without the threat of government shutdown. As President Barack Obama and Congress battle over an extension of the payroll tax cut which expires at the end of this year, Congress must pass a temporary spending measure before the U.S. government runs out of money at midnight on Friday.
A week on from Angelea's Preston's abrupt disqualification from America's Next Top Model All Stars series, we still don't know the real reason she got the boot. But according to her rep, it had nothing to do with an alleged Facebook announcement, Gather.com reported.
FedEx Corp. reported a higher-than-expected quarterly profit and said it is buying 27 new Boeing aircraft to update its fleet for fuel efficiency and cost savings.
A dash for cash has overwhelmed gold's traditional status as a haven from risk, putting the metal on course for its first quarterly fall since end-September 2008, when the global credit crunch was at its worst.
Major Southeast Asian stock markets fell on Thursday for the third day, led by banks and commodities as a decline in Chinese factory output added to worries about the global economy and Europe's debt crisis.
Glassdoor, a jobs and career community where employees can anonymously rate companies and chief executive officers, has released its fourth annual Employees' Choice Awards, which lists the 50 best places to work, based on surveys collected from U.S. employees through 2011.
The whistleblower in Japan's Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated.
Japan's disgraced Olympus Corp said Thursday it would consider reinstating its sacked CEO, Michael Woodford, but the gesture failed to erase doubts that it would ever rehire the foreigner who blew the whistle on its crooked accounts.
The Los Angeles Clippers and New Orleans Hornets have resubmitted a multiplayer deal that would send Chris Paul to the Clippers, according multiple reports.
Brazil's said it is asking Chevron to halt its activities in the country and pay $10.7 billion in damages following an oil spill in November off the coast of Rio de Janeiro. However, Chevron said it has not received notice of the action.
There's still nothing official spinning in the Galaxy Nexus rumor Mill, but Verizon has launched a simulator on their Website that takes an in-depth look at the phone's features, which suggests the carrier is gearing up for an official release.
