Moody's downgrades Spanish banks
Rating agency Moody's downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe.
Facebook's IPO price: $38 per share
After four months of paperwork, hype and speculation, the last piece of the Facebook IPO is in place: Facebook said it has priced its IPO at $38 a share.
U.S. slams Chinese solar panels with new tariffs
The U.S. Commerce Department announced stiff tariffs on Chinese-made solar panels Thursday, a move critics said could raise costs for consumers and further inflame trade tensions with Beijing.
JPMorgan's Dimon to testify in Senate
JPMorgan head Jamie Dimon will appear before a Senate committee to testify about the bank's recent $2 billion trading loss, which has spurred renewed debate about financial reform since being revealed last week.
Pinterest raises $100 million to bolster growth
Hot social network Pinterest just landed a sizable cash infusion: The company raised $100 million in a financing round by e-commerce giant Rakuten. Existing investors Andreessen Horowitz, Bessemer Venture Partners and FirstMark Capital also participated in the round.
