finance

Mark Zuckerberg, CEO and founder of Facebook, rang the opening bell from company headquarters in Menlo Park, California.

Tax revenue from Facebook's $104 billion IPO may not fill California's $16 billion budget deficit, but it will likely give a boost to Silicon Valley's already inflated real estate prices.

Morning Business Memo Sure it’s a really big deal, but is Facebook a smart investment? Analysts are deeply divided over the very high price. Expect an instant jump when trading begins late this morning, but later Facebook shares could slump. The world’s biggest-ever Internet IPO...

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A Kentucky businessman showed a heart of gold by buying the entire inventory of a closing K-Mart and donating it to charity.

Facebook's initial public offering, the biggest and most anticipated IPO for a U.S. technology firm, has garnered the attention of high school students to professionals, many of whom are likely among the 901 million monthly users of the social media site. But long before the IPO launches this morning to the public, investors with enough money or connections have already been buying and selling shares of the eight-year old tech firm.

Facebook initial public offering of common stock will be priced at $38 a share.

Facebook co-founder Saverin defended relinquishing his U.S. citizenship.

ABC News’ Kirit Radia reports: MOSCOW – Looking to update your summer wardrobe? The makers of the AK-47 assault rifle may soon have something in your size. The company which produces one of the world’s most popular automatic weapons is in talks with the family...

After a drumbeat of complaints from energy producers that the Obama administration is blocking domestic oil and gas production, the Interior department released a report claiming that U.S. oil and gas producers are sitting on millions of acres of idle government leases.

AllianceBernstein, CSC, AmerisourceBergen, McGraw-Hill Education, Global Franchise Group, MEMC Electronic Materials, The McClatchy Co., Rimini Street

A scramble to benefit from a bad trade.

Technical skill and running the finance department are secondary to talking to customers and making a difference, senior executives say.

What companies can do to help their share prices catch up with the surge in corporate net income.

Growth in consumer buying will be undercut by stagnant incomes and still-weak household balance sheets, say economists and some members of the Federal Open Market Committee.

U.S.-based firms have higher ETRs than their global counterparts. But some will benefit from favorable tax treatments they receive on their investments in emerging markets.

A Silicon Valley court loss shows how much a CFO may still be on the hook for improperly accounting for employee compensation expense.

The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That's when the agency won't have enough money to make a $5.5 billion payment to a retirement fund mandated by law.

General Motors will not advertise during this year's Super Bowl game, the automaker said Friday.

An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.

Social media stocks just aren't feeling the love, despite Facebook's highly-anticipated stock market debut.

My first ride in Google's self-driving car was, all at the same time, thrilling, fascinating and a little disappointing.

Facebook is finally trading. And even though the stock didn't explode out of the gate, the company is still worth more than $100 billion. It shouldn't be.

Whether you do or don't like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.

Facebook's stock market debut finally came and went -- but for all the breathless hype, shares ended right near their offering price.

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market.

European and Asian markets closed lower on Friday amid anxiety about Spanish and Greek banks and worries of a further slowdown in China.

The equivalent, in podcasting news, of Conan O'Brien leaving NBC for TBS

There will be a flood of shares hitting the market when employees and insiders sell, which could hurt the new shareholders the most.

Reports of Bono's payday have been greatly exaggerated.

Facebook shares stay flat, and that's okay.

Six years ago, the Facebook founder was a 22-year-old Harvard dropout and virgin CEO. Patricia Sellers was reporting a cover story about MySpace, then the hottest social-networking site on the planet.

Zipcar CEO Scott Griffith offers a couple of words of advice amid today's Facebook IPO fanfare.

More than 50 years after Dr. Albert Barnes' death, his renowned art collection finds a lovely new home in Philadelphia, against the wishes of many of his fans.

Facebook's founder has become a pop culture staple much faster than almost any of his predecessors. A look at Zuck, over the past nine years, through the public's eyes.

The celebrated chef describes his favorite parts of the job and why he chooses to literally live above his signature restaurant in Manhattan, Daniel.

Certain kinds of moonlighting may actually help you in your main job, and wise organizations can embrace, rather than squelch, entrepreneurial zeal.

It's a question that could determine if President Obama gets to serve another term: Are you better off than you were four years ago?

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

Before Deborah Kenny quit her job in 2001 to start a school for underprivileged youth in Harlem, her friends staged an intervention. They listed their concerns: She would run out of money, she'd lose her house, and, worst of all, as a new widow she wouldn't be able to adequately provide for her three young children. Kenny did not budge. "I felt like I would die if I didn't start this school," she says. Kenny found herself sketching out the plans for her new education program during meetings, the way others might doodle.

These five entrepreneurs are successfully juggling their duties as moms, while making millions in their businesses. Here's how.

Hector Correa came to the United States seeking opportunities, and he's made it his personal mission to create them himself -- both here and back in Mexico.

The latest addition to the Virgin mogul's fleet will spirit vacationers to and from his private Caribbean island.

Martha's Vineyard boasts some of the nation's priciest real estate - and stunning views.

But you can still find a deal for your winter tropical vacation.

Jaguar rolls out a new top-of-the-line luxury sedan -- the finishing touch on a troubled brand's make-over.

You managed to glide through your twenties and thirties without any major health issues. Yet, as the calendar pages turn, you're finding that a host of minor -- and perhaps a few major -- medical problems keep cropping up. The doctor shakes her head when she sees your blood pressure and cholesterol numbers.

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.

This piece appears in the June issue of Money Magazine and was written before JPMorgan Chase revealed a surprise $2 billion trading loss. Data in the story has been updated to reflect stock prices as of May 11.

As a regional director for Aflac insurance, Stephanie Ringer had built her Louisville sales team into one of the top in Kentucky. One of her secrets for keeping her staff motivated? Holding brainstorming sessions in a local meeting space called WorkShop. She found that the center -- with its whiteboards, comfy couches, and crazy toys like hula hoops -- fueled productive sessions. So when WorkShop's owners put the business up for sale in 2007, Ringer, then 46, decided to buy it.

Going to medical providers and using medical services outside of your health insurer's network can be much more expensive than you imagined. Here are 5 tips to avoid incurring some of the high out-of-network charges.

It's hard to imagine a less enjoyable way to blow $5,000 to $15,000 (or more) than putting on a new roof.

These are migraine-inducing times for anyone trying to set aside a little money for the future. If you're investing, you worry that Europe's game of debt-default chicken will wreck your portfolio. Yet you also can't get a decent yield if you try to keep your money completely safe.

If you're among the two-thirds of adults who need glasses or contact lenses, you know vision care often comes at eye-popping prices. You can easily drop $200 for a pair of basic glasses; spring for add-ons like anti-glare lenses or designer frames and the price can double. If multiple members of your family need corrective eyewear, you could face a bill that tops $500 to $1,000 in a single year.

Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane.

An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer.

Buying a home has reached its most affordable level in more than two decades.

The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage.

Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.

Foreclosure filings in April fell for the third straight month to the lowest level since July 2007.

Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure.

The percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said Wednesday.

Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.

The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan.

Silicon Valley is experiencing a bit of an economic boom thanks to Facebook’s $104 billion IPO creating new millionaires.

The Transportation sector (IYT) showed little movement on a trading day that saw S&P 500 fall 0.9%.

During trading today, the Energy sector (XLE) showed little change while the S&P 500 fell 0.9%.

During trading today, the Consumer/Non-Cyclical sector (XLP) showed little change while the S&P 500 fell 0.9%.

During trading today, the S&P 500 dropped 0.9%, and the Basic Materials sector (XLB) showed little change.

During trading today, the Consumer Cyclical sector (XLY) showed little change while the S&P 500 fell 0.9%.

During trading today, the Financial sector (XLF) showed little change while the S&P 500 fell 0.9%.

The S&P 500 lost 0.9% while the Health Care sector (XLV) showed little movement during trading today.

The Technology sector (XLK) held steady on a trading day that saw S&P 500 drop 0.9%.

The Services sector (IYC) showed little movement on a trading day that saw S&P 500 fall 0.9%.

It's time to take another look at the odd and unusual credit card crimes making the news.

Potential taxes could harm California's vineyards. After all, you can't really relocate a winery. 

The Bureau of Labor Statistics (BLS) announced Tuesday that there was no inflation overall in April.

As wedding season approaches here are tips to keep your head above water.

Employers are set to hire 10.2% more new college graduates from the college Class of 2012 than last year. Here’s what the experts had to say about the change in employer perspectives and how graduates can catch the attention of the hiring manager.

You don’t need the salary of a big-time chef to cook like one. Here are the most versatile and essential ingredients for stocking your kitchen—all under $10.

Funds in a 401(k) account is often essential to workers’ retirement planning, and making the wrong decision when leaving a job can be costly.

A recent study found that nearly half of American workers are not contributing to any form of retirement plan. Is that as self-destructive as it seems -- or simply rational behavior?

Listen up home seekers: There is no perfect house. Even new homes will have a feature or two you may not like and will want to change.

The number of long-term unemployed workers aged 55 and older has more than doubled since the recession began in late 2007. Getting back to work is increasingly difficult, according to a government report being released on Tuesday.

MURRELLS INLET, S.C. - The annual Harley Davidson "Cruisin' The Coast" bike week kicked off earlier this week, but since it started, there's been a lot of confusion about the dates of the event to when vendors can set up their tents to start selling merchandise.

CONWAY, S.C. -- Weather permitting, Horry County will treat local catch basins over the next week to reduce the mosquito population due to the warm weather and rainfall.

ATLANTIC BEACH—The Atlantic Beach Bike Fest began Friday, but it was not very obvious the 10 day event started.

Last month, Atlantic Beach Town Council decided to expand the annual Memorial Day Bike Fest from three days to 10.

MYRTLE BEACH, SC - This week's floods, thunder storms and constant downpours have not been kind to bikers.

MYRTLE BEACH, SC -- Construction of an overpass at US 17 and SC 707 will necessitate changing traffic patterns in the near future, according to a release from Horry County officials.

MYRTLE BEACH, S.C. - Following months of hard work by AH&LA and the lodging industry, the Department of Justice (DOJ) last night announced a substantial postponement of the ADA compliance date for existing pools and spas with ADA requirements for accessible entries. 

MYRTLE BEACH - The SkyWheel will celebrate its first anniversary Saturday with reduced admission prices all day.

CONWAY - Police arrested a Conway woman for causing a scene at a pool hall and leaving her one-year-old son at home alone Wednesday night.

MYRTLE BEACH, S.C. (AP) - A new Coastal Carolina University study has found tourism in the Myrtle Beach area led the recovery from the Great Recession, bouncing back faster than other areas of the economy along the state's Grand Strand. 

NORTH MYRTLE BEACH,SC-  Myrtle Beachis known as a tourist destination, while other parts of the Grand Strand are more family-oriented. However, more and more tourist related events are taking place across the Grand Strand, including inNorth Myrtle Beach. This weekend hundreds of runners, bikers and families will attend events in various parts of North Myrtle Beach. 

FLORENCE, S.C. — The Florence County Sheriff’s Office will be entering the high-tech world of surveillance sometime next month.

FLORENCE, S.C. – The shelter workers told him that cats know how to turn on the charm. As Steven Quick was about to adopt Elizabeth, a fluffy charcoal-colored cat, her neighbor caught his eye. Peter Marie, a beautiful orange cat, began looking at him, softly meowing and nuzzling his fingers through her cage.

FLORENCE, S.C. -- Deputies with the Florence County Sheriff's Office responded to an incident around 6:30 Saturday evening at 1756 Springdale Place involving a man who had been stabbed.

MCBEE, S.C. -- With mostly overcast skies, Saturday’s weather was perfect for berry picking at the annual Strawberry Festival at McLeod Farms Roadside Market between McBee and Hartsville. 

FLORENCE, S.C. – The Florence housing market is coming back to life thanks to low interest rates, industry presence and growing consumer confidence shown in current data from local realtors.

FLORENCE, S.C. -- More than 1,800 people -- friends and family of GE workers -- gathered at the GE Healthcare's Florence plant Saturday to mark family day.

FLORENCE, S.C. – Sixty-two years ago, Eugene “Nick” Zeigler made a promise he has never forgotten.

FLORENCE, S.C. -- Pittsburgh Steeler's linebacker Lawrence Timmons joined other participants Saturday at South Florence High School for a Spin-a-Fit to benefit Camp Rae.

LAKE ROBINSON, S.C. -- More than 150 children and at least that many adults turned out for a Youth Fishing Event on Anglers Avenue in Lake Robinson Saturday morning.

SUMTER – A man is dead after someone broke into a house and shot him Friday, according to Captain Allen Dailey, Sumter County Sheriff’s Office.

FLORENCE, S.C. – The prayers of parents shopping for young children in the Pee Dee have been answered with the recent addition of the Once Upon A Child store that buys and resells gently used children’s clothes, toys and equipment.

MYRTLE BEACH  – Starting Thursday, Verizon Wireless customers in Myrtle Beach, S.C. can take advantage of the company’s 4G Long Term Evolution (LTE) network, the only highspeed 4G LTE network in South Carolina. Customers with 4G LTE devices will now be able to enjoy the best experience in wireless data usage when they stream video, share music and photos, download files, and surf the Web with speeds up to 10 times faster than Verizon’s 3G network. 

WASHINGTON — The U.S. Postal Service today announced plans to move ahead with a modified plan to consolidate its network of 461 mail processing locations in phases. The first phase of activities will result in up to 140 consolidations through February of 2013. Unless the circumstances of the Postal

COLUMBIA, SC  – May 16, 2012 – Attorney General Alan Wilson announced that South Carolina joined with forty-three other states, the District of Columbia, and the Federal Trade Commission in settling causes of action against Skechers USA, Inc.

KINGSTREE -- Representatives from Farmers Telephone Cooperative (FTC) Inc. recently accepted the prestigious National Telecommunications Cooperative Association (NTCA) TeleChoice Award for “Best Annual Report for 10,000+ Access Lines.”

KINGSTREE, S.C. – Representatives from Farmers Telephone Cooperative (FTC) Inc. recently accepted the prestigious National Telecommunications Cooperative Association (NTCA) TeleChoice Award for “Best Annual Report for 10,000+ Access Lines.”  

FLORENCE -- A Massachusetts-based company with plans to construct a new call center chose to locate its facility in Clarksville, Tenn., rather than Florence.

SOUTH SIOUX CITY, Neb. -- Swing Transport, Inc. was recently presented a Platinum award by Great West Casualty Company as part of the 2011 National Safety Awards Program.  2011 marks the 5^th consecutive year that Swing has earned this highest honor from Great West.

Myrtle Beach - The Crescent Bank Holiday Invitational has changed its name to the CresCom Bank Holiday Invitational.  The Holiday Invitational is the annual companion to the Beach Ball Classic and will take place December 18-22, 2012.

The name change comes after the merger of Crescent Bank and Community FirstBank.

“Although the name has changed, this tournament will continue to be the top girls’ basketball tournament in the nation,” said Tournament Executive Director John Rhodes. “We are extremely grateful to our presenting sponsor CresCom Bank for their continued support. This tournament would not be possible without them.”  

Follow tournament updates and team announcements at www.beachballclassic.com.

COLUMBIA -- The Department of Consumer Affairs (SCDCA) and the Florence County Library are offering consumers free email fraud alerts.

To further their proposed merger, Duke Energy and Progress Energy promise they'll build more power lines in NC and SC.

FLORENCE – The Northeastern Strategic Alliance (NESA), an economic development organization encompassing South Carolina’s northeast region, congratulated Sonoco on Wednesday, for becoming South Carolina’s largest corporation in terms of sales.

CHARLOTTE, N.C. (AP) - Duke Energy Corp. is asking North Carolina regulators to allow a 17 percent increase for residential rates, a move that would add about $19 to the average monthly home power bill of nearly $100.

HARTSVILLE-  The Coker College Singers and the Hartsville Chamber Ensemble will present their spring concert at 7:30 p.m. on Sunday, May 1, at First Presbyterian Church in Hartsville.  The concert is free and open to the public. 

FLORENCE — Robby Hill was still in high school when he launched his own computer business.

HARTSVILLE — Dr. Robert Wyatt likes to point out that experts project that by 2020, half of the college and university students in the United States will be taking courses on their cell phones.

FLORENCE — With more than 2,200 staff members working to educate more than 15,000 students at 21 schools, Florence School District 1 is striving to give the best education and learning environment possible for all students.

KINGSTREE — With several projects in the works, and one nearing completion, the government of Williamsburg County is reaching out to offer residents better access to government services as well as local education, senior citizen activities and a number of other projects.

FLORENCE — Francis Marion University will likely face additional funding cuts this year, but the college’s president is determined to insure those cuts don’t affect a student’s experience at FMU.

MARION — AVM Industries LLC is continuing to produce parts for the automotive industry while inventing new products despite the hard economic times.

Pay Dirt: New research finds that people who "like" an inordinate number of Facebook status updates may be mentally unstable.

Kadet: What's that smell? Companies using scent marketing say it's the sweet smell of success.

Real-Time Advice: With areas of the muni market showing signs of stress, we look back on the five biggest defaults -- and where they are now.

Arends: That 60/40 portfolio of stocks and bonds your adviser is pushing might not work.

Deal of the Day: Hotels can help fund – and fuel -- a summer roadtrip.

Casey: To the chagrin of many currency traders, the euro refuses to sink. What's behind its stickiness?

Real-Time Advice: J.P. Morgan's $2 billion loss suggests risky derivatives trading didn't end with the financial crisis.

Coombes: The typical health-care tab will run $240,000, but could run much higher.

With pre-IPO shares going mostly to Wall Street's top clients, advisers are seeking alternative ways to be part of the action.

Zweig: Investment advisers are being examined infrequently, inconsistently and incompletely. It's time to put computers on the case.

NEW YORK -- Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.

But Chinese regulators attached a big condition: that Google's Android operating system for mobile devices remain available to all at no cost for the next five years.

The approval brings the Internet search giant closer to sealing its biggest acquisition ever. Buying Motorola allows Google to expand into manufacturing phones, tablet computers and other consumer devices for the first time. The deal also gives Google access to more than 17,000 Motorola patents. ...

Click to research the Internet industry.

NEW YORK (TheStreet) -- On Friday, like most of you, I watched the nation's media help to perpetrate one of the great frauds in American history.

Consider. If I can barely sell 15% of something at $38 a share, if I have to lay out millions-upon-millions of dollars to prop up that price for a single day, what makes you think I can sell the rest of it at that price, or anything like that price?

Exactly. ...

NEW YORK (TheStreet) -- Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what's happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on: The relationship between trading in Facebook and Apple; problems coming from Europe; and the unpredictability of retailers.

Click here for information on RealMoney, where you can see all the blogs, including Jim Cramer's -- and reader comments -- in real time.

...

DETROIT -- Chrysler is recalling nearly 87,000 Jeep Wranglers in the U.S., Canada and elsewhere due to a risk of fires.

The recall affects only Wranglers from the 2010 model year that have automatic transmissions and were built before July 14, 2010, the National Highway Traffic Safety Administration said in documents posted Saturday on its Web site.

Debris can get caught between a plate that protects the transmission and the catalytic converter, causing a fire. A catalytic converter is part of the exhaust system and uses heat and precious metals to control pollution. ...

By Jim Kuhnhenn

CAMP DAVID, Md. -- Leaders of the world's economic powers say Germany should balance its push for European fiscal austerity with doses of stimulus spending to avoid a financial calamity with global repercussions.

The Group of Eight leaders, meeting over the weekend at the Camp David presidential retreat, are trying to figure out how to tame Europe's debt crisis while also increasing the demand for goods and spurring job growth. ...

NEW YORK (TheStreet) -- Facebook's IPO came and went on Friday, amid mixed reviews.

Many were hoping for a massive pop, but shares opened trading at $42.05, after pricing at $38 per share. The offering raised more than $16 billion in the largest tech offering in U.S. history. Facebook and its existing shareholders sold 421.2 million shares in the offering.

The stock jumped up to $45 right away, then ran down to its pricing level of $38 but never went negative. Shares closed their first day of trading up 0.6% at $38.23 on 573 million shares. ...

NEW YORK (TheStreet) -- Market anxiety is expected to stay at elevated levels in the coming week as the political turmoil in Greece goes unresolved.

The week is a very light on the economic and earnings fronts, and it comes right before the Memorial Day long weekend. That means major domestic drivers will be few, and investors likely will continue to focus on the overriding issues in Europe.

"The big question is 'what if'-type bad news like what if Greece leaves the eurozone soon?," said Ryan Detrick, senior technical strategist at Schaeffer's. "But what is important to remember is that no one has ever left the eurozone." ...

Click to research the Banking industry.

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener.

NEW YORK (TheStreet) -- The game plan remains the same, Jim Cramer told his "Mad Money" TV show viewers on Friday. He said that U.S. markets are still dependent on what happens in Europe, which means that caution is in the air. Cramer then outlined the highlights for next week's trading. ...

Click to research the Retail industry.

NEW YORK (TheStreet) -- The Office of the Comptroller of the Currency closed Alabama Trust Bank, NA of Sylacauga, bringing this year's total number of bail failures to 24.

The failed bank was previously included in TheStreet's Bank Watch List of undercapitalized institutions, based on regulatory data provided by HighlineFI.

Alabama Trust Bank had total assets of $51.6 million and $45.1 million in deposits. ...

NEW YORK (TheStreet) - In an old Saturday Night Live skit, the Greek gods assemble to discuss the problems of modern Greece. Zeus calls in a consultant, a German god, Klaus, who vows to impose austerity, withholding any further money. The Greek gods retort:

"Sorry Klaus. Either you give us the money or we take all of Europe down with us. We started democracy, we can end it."

It is amazing in how life can imitate late night television. ...

NEW YORK - Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $16 billion for the company and its

Former local resident Ted Fienning, a marine corps fighter pilot, was stationed in Beaufort when, after a regular flight exercise, he noticed that many nearby kids weren't wearing sunglasses on a brig

Homeowners Mortgage Enterprises names Welch regional manager

LOS ANGELES (AP) — Bank of America says it has begun contacting some its customers who may qualify to have their home loans reduced as part of a multistate settlement over alleged foreclosure abuses.

By the time the familiar melody of Edward Elgar's "Pomp and Circumstance" swells at high school graduations, many parents will have spent anywhere from hundreds to thousands of dollars on their proud

Bynum Insurance Agency of Sumter has been named one of the Top 10 growth agencies for Auto-Owners Insurance in South Carolina for 2011.

The Sumter Cash & Carry has been a source of discount groceries and paper products for the past 15 years, but only for those who knew where it was.

PIEDMONT (AP) — An automotive parts manufacturer is hoping to create 80 new jobs as part of an expansion in Greenville County.

Ever considered getting a blueberry facial?

The day some spend the rest of the year dreading is just around the corner. All taxes this year must be filed by April 17, leaving taxpayers precious little time to get all their calculations done and

The Federal Aviation Administration will revisit a decision to exempt cargo airlines from new rules to prevent pilot fatigue, saying it made ?errors? in cost calculations used to justify the…

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It was barely a ?like? and definitely not a ?love? from Facebook investors as the online social network?s stock failed to live up to the hype in its trading debut…

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Why did Facebook go public? Twit-wisdom says: ?because they couldn?t figure out privacy settings either.? You can always count on Twitter for active response to what?s going on on Facebook.

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The jobless rate in South Carolina ticked down slightly to 8.8 percent in April as a slow moving but solid recovery continues. This is the ninth straight month the rate…

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Two South Carolina companies are recalling nearly 7,000 pounds of ground beef which possibly are contaminated with E.coli. The South Carolina Meat Poultry Inspection Department announced the recall on Friday…

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The Columbia Black Expo, in its 15th year, consistently books popular entertainment. This year the event, held at the Colonial Life Arena, is adding some features.

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STARTS TODAY: Facebook’s initial public offering of stock is shaping up to be one of the largest ever. Will you buy Facebook stock today? Or wait until the price goes…

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H amrick?s will close its store at MarketPointe Mall on Bush River Road in about a month as it prepares to move to a new location.

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After decades of debate, federal regulators have condemned the practice of using antibiotics on healthy farm animals, trying to stem the rise in so-called “superbugs” that pose a dire threat…

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Columbia-based Continental Freight Services was recently acquired by XPO Logistics for $3.4 million. Continental has 15 employees in Columbia and expects that number to grow. It has 10 employees working…

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