Financial News - WichitaConnection.com

Financial News
Latest financial news - CNNMoney.com Stocks set to open higher U.S. stock futures point to a higher open Thursday after strong earnings from HP, and as talks progress on Greece's debt crisis. More... Save big on homeowners insurance Reviewing your homeowners policy may not rank high on our annual home-maintenance checklist. Yet following the five steps below will save you big bucks now and a lot of grief down the road. More... Beware ETNs: Risky ETF look-alikes Once again, Wall Street is turning a good idea into a lousy deal. More... The problem with Microsoft trying to be Apple Microsoft is aiming to do something wildly different to beat Apple. At the same time, Microsoft is also trying to copy a very successful business model to be Apple. More... More than 30% of mortgage borrowers still... Despite rising home prices, more than 30% of borrowers, or close to 16 million homeowners, were underwater on their mortgage during the first quarter, according to Zillow. More... National debt: Will the U.S. be like Japan? Political gridlock. High national debt. Rock-bottom bond rates. An aging population. Warnings about more downgrades. More... China's manufacturers still hurting China's manufacturing sector continued to shrink in May, according to preliminary data released Thursday. More... Facebook's IPO: Sorting through the legal mess At this point, there's little question that Facebook's IPO was a disaster. But was it illegal? More... Silicon Valley shrugs off Facebook IPO woes While Wall Street freaks out about an IPO it views as a disaster, the view of Facebook's rocky public debut is much sunnier in Silicon Valley. More... Save big on homeowners insurance Reviewing your homeowners policy may not rank high on our annual home-maintenance checklist. Yet following the five steps below will save you big bucks now and a lot of grief own the road. More... HP to cut 27,000 jobs Hewlett-Packard announced Wednesday that it is slashing 27,000 jobs in a widely expected maneuver aimed at slimming down the struggling tech giant. More... Google vanquishes Oracle in Android patent fight In one of Silicon Valley's landmark court battles, Google appears to have won a big victory over Oracle. More... Stocks erase hefty losses After nearly a full day in the red, stocks erased most of their losses in the last half hour of trading Wednesday. More... Oil prices slide to 7-month low Oil prices fell below $90 a barrel for the first time in seven months Wednesday as tumult in the eurozone, excess supply and positive news out of Iran weighed on prices. More... Facebook IPO: What the %$#! happened? Facebook's breathlessly hyped IPO on Friday has turned into a huge Wall Street debacle, with lots of confusion -- and now, lawsuits -- swirling around. More... Lawmakers looking at Facebook IPO deal Senate and House committees are looking into the controversial launch of Facebook's initial public offering. More... Hide from Europe's mess with dividend stocks Europe's debt woes got you down? Looking for a safe place to hide in this increasingly ugly market? More... Investors sue Facebook, Morgan Stanley Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the social network's initial public offering. More... Sales of new homes inch up Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday. More... Facebook stock finally posts gains Facebook Chief Executive Officer Mark Zuckerberg can smile again, now that his company's shares have moved into positive territory on Wednesday. More... Articles last updated at May 24, 2012 05:18:40am. Next update in 60 minutes.

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