A debate: Should you jump in on Facebook debut?

EDITOR’S NOTE — Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23. Two Associated Press business writers debate whether the stock is a smart buy.

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Where are Facebook friends? Stock sinks on 2nd day

Facebook’s stock is sinking nearly 7 percent, falling below the $38 IPO price, in the social network’s second day of trading as a public company Monday.

America expands once again — digitally, this time

NEW YORK (AP) — The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling without guides into an uncharted virtual land where progress and profits are forever around the next …

Facebook stock debut fails to sizzle

NEW YORK (AP) — 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 Friday. One of the most highly anticipated IPOs in Wall Street …

Speedway green flags advertising

INDIANAPOLIS — The Indianapolis Motor Speedway is selling ads along the world-famous, 103-year-old race course for the first time ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling. With Fuzzy’s Ultra Premium Vodka and Shell Oil Co. …

State’s jobless rate falls to 7.9 percent

Indiana’s unemployment rate hits its lowest point since late 2008 by falling to 7.9 percent for April. Figures released Friday by the state Department of Workforce Development show Indiana added 15,400 private-sector jobs last month. That helped the jobless rate fall from March’s 8.2 percent. …

Stocks fall on Europe worries; Facebook debuts

It’s going to take more than Facebook’s initial public offering to push the stock market higher. Facebook shares rose 23 cents above their $38 offering price. It seemed like everything else fell. The Dow Jones industrial average has been in a slump over the past …

Alcoa starts expansion of Lafayette facility

LAFAYETTE (AP) — Construction is starting on a new $90 million facility at Alcoa’s factory in Lafayette to make aluminum lithium alloys, an expansion that workers believe will secure the plant’s future. The company held a groundbreaking ceremony Thursday at the 115,000-square-foot facility. Construction is …

U.S. stocks edge higher ahead of Facebook IPO

Excitement about Facebook’s initial public offering gave U.S. stocks a small lift in morning trading on Friday.

Stocks slump; Dow posts 11th loss in 12 days

NEW YORK (AP) — The Dow Jones industrial average posted its 11th loss in 12 days after a pair of discouraging economic reports unnerved investors already worried about a possible exit from the euro by Greece. The Dow lost 156.06 points to close at 12,442.49. …

Stocks lower as Europe overshadows jobs data

Stocks are slipping as unease about Europe overshadows an encouraging report on unemployment claims and good results from big retailers including Wal-Mart Stores.

Facebook offering soars on cash-out

Facebook’s dizzying IPO continued to scale stratospheric heights Wednesday, when the social-networking giant again revised its offering so it may raise up to $18.4 billion.

Your laptop could come under attack at NATO, experts warn

If you’re downtown during the Chicago NATO Summit, security experts say your laptop and smartphone may be targeted by attackers or borrowed by free-loaders.

Enbridge enlarging pipeline that ruptured in 2010

TRAVERSE CITY, Mich. (AP) — Enbridge Inc. has announced a $2.6 billion project that includes enlarging a pipeline that ruptured in southwestern Michigan two years ago so it can carry more oil. The 286-mile-long line runs from Griffith to Sarnia, Ontario. Some parts already have …