(Reuters) - Facebook co-founder and CEO Mark Zuckerberg wed longtime girlfriend Priscilla Chan on Saturday, announcing the nuptials through a status update on the social networking site. The 28-year-old billionaire's wedding took place a day after Facebook's initial public offering on the Nasdaq stock exchange on Friday. More than 280,000 people "liked" Zuckerberg's status change, which was accompanied by a photo of the smiling couple in wedding attire in a small, verdant outdoor setting with a string of lights behind them. ...

President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. "We've got to finish the job of implementing this reform and putting these rules in place," Obama said in a weekly radio address that accused some on Wall Street of causing the 2007-2009 economic crisis because they "treated our financial system like a casino. ...

Facebook founder and CEO Mark Zuckerberg updated his status to "married" on Saturday.

(Reuters) - Chesapeake Energy Corp , under growing pressure from shareholders to improve corporate governance, reduced the compensation for its outside directors by 20 percent and eliminated their use of its aircraft for personal travel, the company said on Friday. Chesapeake and its board have come under fire in recent weeks after Reuters reported, among other things, that Chesapeake CEO Aubrey McClendon had taken out more than $1 billion in previously undisclosed loans using his interest in company wells. ...

NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday. The majority of Dewey's partners have quit as a result of concerns about compensation, and $225 million in bank loans and bond debt. ...

Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.

NEW YORK (Reuters) - It was during a quiet afternoon in the sixth week of the insider-trading trial of hedge fund billionaire Raj Rajaratnam that prosecutor Reed Brodsky sprang one of those rare surprises usually seen only in the movie version of a courtroom drama. Brodsky, a federal prosecutor since 2004, seemed to catch defense lawyers and witness Richard Schutte off guard with a blistering cross-examination in the 2011 trial. The former Rajaratnam right-hand man was forced to admit that the biggest investor in a new hedge fund he launched was none other than the Galleon founder. ...

(Reuters) - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffered. The move, which allowed the bank to disguise the level of risk that the CIO was taking in its trading, could become a major focal point of investigations by the U.S. Securities and Exchange Commission and the FBI, former regulators said. It also will likely become part of investor cases in lawsuits against the bank and its executives. ...

"The Avengers" continues to muscle out everything else Hollywood throws at it, easily sinking naval rival "Battleship" and other new releases.

For Facebook founder and CEO Mark Zuckerberg, it was quite a week ? from birthday, to IPO, to I DO.

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.

SEOUL (Reuters) - Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc.. "There is still a big gap in the patent war with Apple but we still have several negotiation options including cross-licensing," Shin told reporters at Seoul airport shortly before his departure for the United States. Asked about the prospects for Samsung's memory chip business, Shin said the 4G chip shortage was expected to continue until early in the fourth quarter of this year. ...

WASHINGTON (Reuters) - Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation to the United States, a U.S. trade panel said on Friday. The order by the U.S. International Trade Commission has been sent to President Barack Obama, who has 60 days to consider whether to overturn it for policy reasons. The legal fight at the ITC is one of dozens globally between various smartphone makers. Google's Android system has become the top-selling smartphone operating system, ahead of mobile systems by Apple, Microsoft, Research in Motion and others. ...

(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading. The stock stayed above the $38 IPO price, supported in the market by the deal's underwriters. But Barron's said the "big question" this week will be whether they continue to do so. ...

Telegraph.co.uk

US banking laws unable to stop JPMorgan loss: Republican Boehner Reuters India | WASHINGTON (Reuters) - US banking reforms could not have prevented JPMorgan Chase & Co's trading losses, and those involved in the activities that went awry should be held accountable, US House of Representatives Speaker John Boehner said in an ... Discord at Key JPMorgan Unit Is Faulted in LossNew York Times JP Morgan Struggles to Unwind Huge BetsWall Street Journal COLUMN-JPMorgan's whale in a fishpond: John KempReuters Washington Post -Forbes -TheStreet.com all 1,823 news articles »

Bloomberg

Are 10-Year Treasury Yields Heading to 1.5%? Wall Street Journal By CYNTHIA LIN NEW YORK?Once burned, bond managers are no longer shy about betting on a new all-time low in 10-year US Treasury yields. Investors and analysts widely regard US government debt as too expensive, given that yields are flirting with ... Treasury Sells Inflation Notes at Record Low Negative YieldBloomberg Analysis: US bond bulls not ready to call off the chargeReuters Treasuries Fall as Yields Dampen DemandBusinessWeek MarketWatch -Washington Post -The Associated Press all 213 news articles »

Financial Times

Mighty Merkel may be the odd woman out Reuters By Andreas Rinke | CHICAGO May 20 (Reuters) - There are weeks in the political life of Angela Merkel that were surely more pleasant than the last one. Last Sunday, the German chancellor's party suffered a big loss in the regional election of North ... Angela Merkel stands firm on Greece at G8 talksThe Guardian Weaker euro zone nations need more support from core: UKEconomic Times The most pro-European thing to do now is reject the euroTelegraph.co.uk CNBC.com -ABC News -Bloomberg all 2,507 news articles »

AFP

China's Wen makes growth 'economic priority' AFP BEIJING ? Chinese Premier Wen Jiabao vowed proactive policies to make growth a bigger priority, as the world's second largest economy showed signs of weakness, state press said on Sunday. Wen made the comments during a visit to central China's Wuhan ... China's Premier Pledges Quick Action on EconomyWall Street Journal Premier Wen Says China Will Focus on Growth, Xinhua ReportsBloomberg Premier Wen: China to Focus More on GrowthBusinessWeek Washington Post -Reuters India -Taipei Times all 81 news articles »

(Reuters) - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading. The stock stayed above the $38 IPO price, supported in the market by the deal's underwriters. But Barron's said the "big question" this week will be whether they continue to do so. ...

Retirement Planning

Florida unemployment falls, but so does labor force Sun-Sentinel By Marcia Heroux Pounds, Sun Sentinel Unemployment is still falling in Florida and South Florida, partly because baby boomers are retiring. The jobless rate in April was 8.7 percent, the lowest since January 2009, the state said Friday. Butte unemployment rate dropped dramatically in AprilEnterprise-Record Unemployment Dropped In AprilPatch.com Total number of jobs decreases in Alameda County, but so does unemployment ratePleasanton Weekly Cherry Hill Courier Post all 1,176 news articles »

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.

AFP

NYMEX-Crude down, hits biggest 3-wk loss since Aug '11 Reuters * Big specs cut bullish oil bets to lowest since 2010-CFTC * Crude to start flow from reversed Seaway pipeline this weekend * Coming up: API weekly inventory data, Tuesday NEW YORK, May 18 (Reuters) - US crude oil futures fell more than 1 percent on ... Oil, Hogs Fall; Gold, Natural Gas Rise: Commodities at CloseBloomberg Oil Falls to Six-Month Low on EuropeBusinessWeek Crude Skids for Sixth Straight DayWall Street Journal MarketWatch -ABC News all 730 news articles »

Globe and Mail

Facebook Flops: Look Out Below! Barron's By ANDREW BARY | MORE ARTICLES BY AUTHOR The most anticipated tech IPO of all time fell flat on Friday, finishing up just 0.6%. If underwriters don't support the stock, Facebook could fall below its offering price. After all the hype and anticipation, ... Facebook stock debut closes near flatGreat Falls Tribune After flat debut Facebook awaits market verdictOutcome Magazine Facebook IPO: Top 5 Reason For Smaller-Than-Expected First-Day PopMobile & Apps Los Angeles Times -Moneycontrol.com -Patch.com all 13,909 news articles »

(Reuters) - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading losses it has suffered. The move, which allowed the bank to disguise the level of risk that the CIO was taking in its trading, could become a major focal point of investigations by the U.S. Securities and Exchange Commission and the FBI, former regulators said. It also will likely become part of investor cases in lawsuits against the bank and its executives. ...

WASHINGTON (Reuters) - Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation to the United States, a U.S. trade panel said on Friday. The order by the U.S. International Trade Commission has been sent to President Barack Obama, who has 60 days to consider whether to overturn it for policy reasons. The legal fight at the ITC is one of dozens globally between various smartphone makers. Google's Android system has become the top-selling smartphone operating system, ahead of mobile systems by Apple, Microsoft, Research in Motion and others. ...

CBC.ca

GM to Forgo Pricey Super Bowl Ads Wall Street Journal By SHARON TERLEP and SUZANNE VRANICA General Motors has decided it won't advertise in the next Super Bowl, a surprising reversal of strategy that comes as the auto maker overhauls its global marketing operations. Sharon Terlep has details on The News ... GM passes on running TV ads during 2013 Super BowlReuters GM to stop advertising on Super Bowl; says price hike makes ads too expensiveWashington Post GM Says It Won't Advertise During Next Super Bowl GameBusinessWeek Ninemsn -The Associated Press all 305 news articles »

"The Avengers" continues to muscle out everything else Hollywood throws at it, easily sinking naval rival "Battleship" and other new releases.

Globe and Mail

Gold rises but falls short of Sydney Morning Herald Gold rose more than 1 per cent on Friday, on track for its largest two-day gain since October, boosted by investors' consolidation of positions ahead of the weekend and a stronger euro. The second day of gains helped bolster confidence, which had been ... Gold Rises for Second Day as Dollar WeakensDaily Disruption PRECIOUS METALS: Comex Gold Rebounds To End Wild Week Up 0.5%Wall Street Journal Gold jumps, heads for biggest 2-day gain since OctoberReuters Forbes -MarketWatch -UPI.com all 104 news articles »

SEOUL (Reuters) - Samsung Electronics' mobile division chief JK Shin said on Sunday the South Korean technology giant was still seeking to resolve differences in its international patent war with Apple Inc.. "There is still a big gap in the patent war with Apple but we still have several negotiation options including cross-licensing," Shin told reporters at Seoul airport shortly before his departure for the United States. Asked about the prospects for Samsung's memory chip business, Shin said the 4G chip shortage was expected to continue until early in the fourth quarter of this year. ...

For Facebook founder and CEO Mark Zuckerberg, it was quite a week ? from birthday, to IPO, to I DO.

Sydney Morning Herald

Gupta's friends stand up to be counted Financial Times By Kara Scannell in New York Last November, Sreedhar Menon, a former American Express executive, was hosting a dinner for a group of south Asian businessmen when the talk turned to the criminal charges revealed 10 days earlier against Rajat Gupta, ... Ex-Goldman director Rajat Gupta set for insider trading trialCNN Rajat Gupta heads to trial on MondayZee News Gupta's Lawyer Seeks Victory Where Rajaratnam's FailedBloomberg New York Times -Reuters -BusinessWeek all 318 news articles »