Facebook Market Makers Losing At Least $100 Million

By IBTimes

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. (11:28 pm)

MORE TOPICS: MORGAN STANLEY, NYSE, NYSE EURONEXT, UBS AG, FACEBOOK, NEW YORK

PayPal strikes deals with 15 retailers

By Reuters

PayPal unveiled deals with 15 retailers including Toys R Us, J C Penney <JCP.N> and Barnes & Noble <BKS.N>, helping the online payment giant expand into more physical stores. (10:07 pm)

Maryland Set To Become First State To Uphold Same-Sex Marriage Law At Ballot Box

By IBTimes

Maryland voters are set to affirm the state's same-sex marriage law, due in part to a surge of support among black voters, according to Public Policy Polling. (8:08 pm)

MORE TOPICS: BARACK OBAMA

Unabomber Ted Kaczynski Updates Harvard Alumni Report: 'Awards: Eight Life Sentences'

By IBTimes

Ted Kaczynski, Harvard class of 1962, can't make the 50th reunion -- he's in federal prison for life, as the Unabomber. But he still managed to submit an entry for the alumni report. (7:37 pm)

MORE TOPICS: COURT, ADVERTISING, MICHIGAN, NEW JERSEY, INVESTMENT

Stacie Halas, Porn Star Tiffany Six, Ex-Teacher: 'At Least I Didn't Do The Students'

By IBTimes

Stacie Halas, porn star Tiffany Six -- who lost her teaching gig when her porn past was exposed -- discussed sex with students during a 2006 X-rated video, saying "at least I didn't do the students" and that she worried she would be fi... (4:19 pm)

MORE TOPICS: ADMINISTRATIVE LAW

China's CIC eyes up to $2 billion stake in Alibaba Group: sources

By Reuters

Sovereign wealth fund China Investment Corp is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo Inc. (May 24)

MORE TOPICS: CHINA, JAPAN, RETAIL, NEW YORK, INVESTMENT

Pedestrian, 101, Killed by Sedan Driven by Woman, 91, in California

By IBTimes UK

In a rare case of “vehicle versus pedestrian traffic collision” in the city of Burbank in Los Angeles County in Southern California, a 101 year old man was killed by a 91 year old woman driver on Tuesday. (May 24)

MORE TOPICS: LOS ANGELES

Virginia Inmates Stage Hunger Strike To Protest 'Torturous' Solitary Confinement

By IBTimes

Forty-five prisoners are abstaining from food in an effort to highlight what they say are inhumane conditions in Virginia's Red Onion State Prison. (May 24)

MORE TOPICS: DEPARTMENT OF JUSTICE, MANAGEMENT

Google's Android Did Not Infringe Oracle Patents, Jury Rules

By IBTimes UK

A California court has ruled in favour of Google, stating that the Android OS does not infringe on Java patents held by Oracle. (May 24)

MORE TOPICS: ORACLE, COURT, INTELLECTUAL PROPERTY, JURY | TRIAL, ANDROID

Stock index futures point to lower start

By Reuters

Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones down 0.4 percent, while Nasdaq 100 contracts had shed 0.5 percent at 0827 GMT. (May 24)

MORE TOPICS: DOW JONES, DUBAI, GOLDMAN SACHS, LLOYD BLANKFEIN, MANUFACTURING, FACEBOOK