Facebook IPO to raise $5 bn, may overtake Google
IANS/RIA Novosti | 03 Feb, 2012
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| Facebook has filed for an initial public offering (IPO) to raise at least USD 5 billion for the world's largest social network, according to documents posted on the US Securities and Exchange Commission website.. |
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Obama presents mortgage refinancing plan
IANS/EFE | 02 Feb, 2012
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| President Barack Obama Wednesday presented a plan to revitalize the US real estate market that would allow millions of homeowners to refinance their mortgages and take advantage of the current historically low interest rates.. |
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US housing prices still falling
IANS/EFE | 01 Feb, 2012
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| Prices of single-family homes in the 20 largest US metropolitan areas fell 1.3 percent in November from the previous month and 3.7 percent compared with November 2010, according to the latest S&P/Case-Shiller Home Price Indices from Standard and Poor's.. |
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