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1 hr ago | The Washington Post

Driving season kicks off and so does griping about gasoline despite falling prices

It's Memorial Day weekend and our obsession with the price of gasoline is in focus again.

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Related Topix: Bedford, PA

5 hrs ago | SFGate

ICE agents pulled to focus on criminal immigrants

Washington -- In an aggressive effort to boost deportations, U.S. Immigration and Customs Enforcement has begun to increase by nearly 25 percent the number of agents tasked with finding and deporting illegal immigrants with criminal records, pulling 150 officers from desks and backroom jobs to add extra fugitive search teams around the country.

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7 hrs ago | The New York Times

Goal: Alex Morgan Talks Olympics, Goals and What's Next for Her

Alex Morgan made her debut for the United States women’s national team in 2010 and quickly established herself as a valuable substitute. Philadelphia Dental Implants . Last summer, Morgan came off the bench in five of the six games at the World Cup — scoring in both the Americans’ semifinal win over France and their championship game loss to Japan — but this year she has made a case for a regular starting role with a string of stronger performances.

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Related Topix: Summer Sports, Lauren Cheney, Sports, Swimming

10 hrs ago | SFGate

Austrian finance minister: No to eurobonds

But Germany and others whose borrowing costs could increase are opposed. Austria uses the euro, and its foreign minister, Maria Fekter, told Oe1 radio Saturday that "eurobonds are only attractive for those ailing countries that pay very high interest rates, who...go to the neighbor who has good creditworthiness and say, `Dear neighbor, please pay ... (more)

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Sat May 26, 2012

Forbes.com

Facebook Fails Us, The Revolution Will Not Be Monetized

Facebook has taken a lot of heat this week for over promising its value to shareholders. GM pulled the plug on its paid Facebook ad campaigns. Free Vegas strip club limousine .Michael Wolff says that the value of Facebook’s advertising is falling and will take the entire ad-supported web with it. Tim Worstall, in these pages, just wrote that Facebook’s vaunted data is becoming less valuable, and that “if the value of such finely known data as Facebook has about its user base is declining, then what is the growth story for Facebook’s ability to monetise that data?”

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Related Topix: Social Software, Startups, Facebook, Mark Zuckerberg

Chicago Tribune

Business incentives transparency bill goes to Gov. Quinn

A bill that would add transparency to the state's main economic development program was approved by the General Assembly on Friday.

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Related Topix: Pat Quinn, US Governors, Chicago Heights, IL

Forbes.com

MLS Payroll Shows Steady Improvement, But Still Not World Class

The MLS Players Union released the results of their semi-annual survey of player wages that provides the first glimpse of the economics behind the 2012 season.

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The Modesto Bee

Embittered Facebook investors ponder next move

To say that Facebook's debut as a public company was bungled is something like saying Facebook is a website you might have heard of.

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Related Topix: Startups, Facebook

SFGate

Why Wasn't Mark Zuckerberg More Involved In The Facebook IPO?

Facebook's CFO David Ebersman has become the fall guy for the scandal that's engulfed Facebook's IPO.

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Related Topix: Startups, Facebook, Mark Zuckerberg

Myrtle Beach Online

Spain's lender Bankia says it won't need more aid

The president of troubled Bankia tried Saturday to calm fears about the future of the bank, saying Spain's second largest mortgage lender will emerge as a solid financial entity after it receives 19 billion in state aid in the country's biggest ever bank bailout.

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Related Topix: Home, Mortgage, Personal Finance

Forbes.com

The Death Spiral of Greece

This week, we achieved a new understanding of how methodically Greece is being locked into a cycle of decay.

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Related Topix: World News, Germany

Chicago Tribune

'Million Miler' sues United over perk reduction

A Chicago frequent flier is suing United Airlines for taking away some of his lifetime perks as a so-called Million Miler, someone who has flown 1 million miles with the airline.

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Related Topix: Airlines, United Airlines

The Washington Post

Renesas Said to Plan Raising $1.3 Billion, Cutting Jobs

Renesas Electronics Corp., the world's biggest maker of automotive microcontrollers, plans to raise capital of 100 billion yen and eliminate more than 10,000 jobs, according to the latest draft of a restructuring plan, a person briefed on the matter said.

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Related Topix: Renesas Technology, Semiconductors, Electronics, Construction, Mitsubishi Electric, Computers

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