Facebook, the social network website used by more than 900 million people around the world, is about to go public. Facebook announced Thursday that its initial public offering will be between $28 and $35 a share. At this price, Facebook would be worth as much as $96 billion. Facebook executives plan to hold what they […]
Facebook Estimating Value at Nearly $96 Billion in IPO
Police Clear anti-Wall Street Protesters from Oakland City Hall
Police in the western state of California have begun clearing dozens of anti-Wall Street protesters from a plaza in front of Oakland’s city hall. Officers began arresting demonstrators early Tuesday morning, placing them in plastic handcuffs and tearing down their makeshift shelters. The demonstrators camped out in the area for two weeks as part of […]
Chicago Police Arrest More Occupy Wall Street Protesters
The midwestern U.S. city of Chicago has been the scene of another protest linked to the Occupy Wall Street movement. About 130 protesters were arrested early Sunday for their failure to leave the city’s Grant Park after closing time. Sunday’s arrests came one week after another 175 protesters were arrested for a similar act of […]
Italian Police Roundup Suspected Rioters
Italian police carried out raids Monday to arrest suspected rioters from violent weekend protests. Security officials said the riots were some of the worst street violence Rome has seen in years. Officials said scores of people were injured and property was damaged. There were no reported fatalities in Saturday’s unrest. The protests began as peaceful […]
NYC Police Arrest Wall Street Protesters
Police in New York City have arrested several Occupy Wall Street protesters who were marching down the streets of the financial district. The march and arrests came after the protesters learned early Friday that they would be allowed to stay in the park where they are camped, instead of having to clear out the area […]
Owners of Wall Street-Area Park Calls Off Plans to Clean Protest Site
The deputy mayor of New York says officials have postponed the planned clean up of a financial district park where Occupy Wall Street protesters have been camped for a month. The protesters had earlier been told to leave privately-owned Zucotti Park by early Friday morning so the owners could clean the area, which they say […]
NYC Demonstrators Vow to Resist Order to Leave Protest Site
Demonstrators with the Occupy Wall Street protest movement in New York City are facing an early Friday morning deadline to end their sit-in at a privately-owned park near the city’s financial district, setting up a potential showdown with authorities. The company that owns Zucotti Park, which is open to the public 24 hours a day, […]
Poland’s Solidarity Leader Invited to Join New York Protesters
Former Polish president and workers’ rights activist Lech Walesa says he is going to New York to support the Occupy Wall Street movement. Mr. Walesa told a Polish newspaper Wednesday he has received an invitation by protest organizer Matthew Blair. The former union organizer said that as a recipient of the Nobel Peace Prize he […]
Unions, Students Join Anti-Wall Street Protest
Thousands of anti-Wall Street demonstrators, backed by organized labor, have massed in New York City’s financial district, in a protest against what they see as inequality in the U.S. economy. Labor unions and community organizers joined the protest Wednesday to denounce unemployment, corporate money’s influence in politics, and the 2008 bailouts to large Wall Street […]
Anti-Wall Street Protest Movement Spreading
A protest movement is growing in the United States, decrying corporate greed, social inequality and the poor state of the economy. What began in New York City more than two weeks ago and labeled “Occupy Wall Street” has spawned similar demonstrations in several major U.S cities, including Boston, Chicago and Los Angeles and across the […]