Below please find daily updates pertaining to the latest in financial, business, and tax news:
US Airways Center celebrates 20th anniversary, debuts theater boxes
Posted: Sat Feb 04 14:13:04 PST 2012Country crooner George Strait opened US Airways Center in the first public concert at the downtown Phoenix venue in June 1992. Two decades later, Strait packed the house again as part of a big event celebrating the center's 20th anniversary. The sports and entertainment venue, which is home to the NBA's Phoenix Suns, WNBA Phoenix Mercury and the Arena Football League's Arizona Rattlers, has ho...
Yelp shows wider 2011 loss on new IPO filing
Posted: Sat Feb 04 09:50:06 PST 2012Online review site Yelp Inc. updated its initial public offering filing on Friday, showing it has a bigger loss than the year before as marketing and development costs rose. The San Francisco company co-founded by former PayPal executive Jeremy Stoppelman said its loss in 2011 was $16.9 million loss last year, compared with a loss of $9.74 million in 2010. The loss attributable to shareholders...
Money Talks: January job report, S&P gain buoy expectations the recovery is entrenched
Posted: Sat Feb 04 09:40:34 PST 2012On Friday, the U.S. Department of Labor reported that the unemployment rate and the number of unemployed workers fell in January to the lowest levels since 2009. The U.S. economy added 243,000 jobs in January, beating economists? expectations and continuing the trend of positive economic data that began in the fourth quarter of 2011. The unemployment rate dropped from 8.5 percent to 8.3 percen...
Facebook revs up political funding ahead of IPO
Posted: Sat Feb 04 08:13:19 PST 2012Facebook Inc. formed a political action committee that raised $170,000 late last year as the company prepared to file for an initial public offering. The Center for Responsive Politics reports that a lot of the money came from Facebook executives and employees, including CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, both giving the maximum allowable $5,000. Other top execs ...
Tempe architect Mark Vinson receives AIA honor
Posted: Sat Feb 04 07:47:02 PST 2012Tempe City Architect Mark Vinson has received one of the highest honors bestowed by the American Institute of Architects. Vinson will receive the Fellowship medal at the AIA 2012 National Convention and Design Exposition May 17 in Washington. The medal is given to AIA members who have made a significant contribution to architecture and society. Vinson is the only architect in Arizona to recei...
Which top Silicon Valley stocks are most popular in Congress?
Posted: Sat Feb 04 07:24:38 PST 2012The stocks that members of Congress own has come under the microscope lately, with some complaining that politicians have capitalized on inside information that members of the general public would face charges on. U.S. Sen. Sherrod Brown this week called for a ban on members of his branch of Congress from owning individual stocks, saying git creates conflicts of interest. On Thursday, the Sen...
Houston Texans hike 2012 ticket prices by 8.5%
Posted: Sat Feb 04 07:21:33 PST 2012The Houston Texans, on the heels of the team's first playoff run in franchise history, will boost ticket prices for the 2012 season by an average of 8.5 percent. After keeping ticket prices flat for the past two seasons while the underachieving team still continued to sell out Reliant Stadium, the Texans' average ticket price will be raised to $78.66, up from $72.47 in 2011. The only tickets ...
SRP to join Chevy Volt test project
Posted: Sat Feb 04 07:02:05 PST 2012Salt River Project will be part of a research effort with the Electric Power Research Institute to test electric vehicles and how they use power. The utility will use a single Chevrolet Volt as part of its fleet to test driving distances, charging times and user habits. Information will be collected through the car?s OnStar system and transmitted back to EPRI. SRP will not have direct access ...
Database: Bank failures in U.S. since 2001
Posted: Sat Feb 04 06:45:06 PST 2012As the U.S. economy -- and that of global markets -- continues to reel from the Great Recession, many lending institutions still are struggling to regain their footing. In the past three years alone, 389 banks have failed, including 90 in 2011, according to New York-based Invictus Consulting Group LLC. Note: Click here for database of all 389 bank failures since 2001. Of those, four were Ohi...
Planned Parenthood holds Arizona fundraiser after Komen flap
Posted: Sat Feb 04 06:45:04 PST 2012Planned Parenthood?s political arm in Arizona will hold a fundraising event next month with Planned Parenthood Federation of America CEO Cecile Richards. The event comes on the heels of the abortion-fueled national controversy involving Planned Parenthood and whether it will receive funding from the Susan G. Komen for the Cure. The March 15 annual luncheon and fundraiser will benefit Planned ...
Amendments to Tighten, Trim, and Tone the STOCK Act
Posted: Sat Feb 04 20:07:17 PST 2012What made it in, what was left out, and what that means for our favorite act. ...
3 Predictions From the World Economic Forum
Posted: Sat Feb 04 19:07:10 PST 2012Some insights from Davos on trends. ...
This Dividend Stock Will Bankrupt You
Posted: Sat Feb 04 18:37:47 PST 2012...
The Hardware Winners of a Cloud-Computing Boom
Posted: Sat Feb 04 18:07:41 PST 2012Top dogs and fast movers in a growing sector. ...
McDonald's: Dividend Dynamo or the Next Blowup?
Posted: Sat Feb 04 17:37:21 PST 2012What the numbers tell us. ...
What Is Facebook Afraid Of?
Posted: Sat Feb 04 17:08:02 PST 2012The obvious risks may matter less than hidden dangers. ...
Should You Buy Lexmark International Today?
Posted: Sat Feb 04 16:37:12 PST 2012...
Buy, Sell, or Hold Corning?
Posted: Sat Feb 04 16:07:57 PST 2012The Gorilla Glass maker's stock got beaten down after earnings -- potentially to an attractive price. ...
Northrop Grumman: Dividend Dynamo or the Next Blowup?
Posted: Sat Feb 04 15:37:16 PST 2012What the numbers tell us. ...
5 More Home-Run Tech Stocks
Posted: Sat Feb 04 15:07:19 PST 2012A Fool bets real money in a three-year tussle with Mr. Market. ...
