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Biz Headlines: 5/23

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  • Description

    Wednesday business wrap-up

  • Duration 1:14
  • Date

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Probably little -- FaceBook investors in the social.

Networking side of suing the company along with several -- including Morgan Stanley.

The lawsuit claiming the defendants -- hiding Facebook's slow growth forecasts that it it's awful for.

FaceBook shares fall on Wednesday but still down almost 16% to ten million -- Meanwhile Hewlett-Packard making it official the -- joined confirming it will slash 27000.

Jobs it is a major cost cutting move.

-- 8% of its workforce for the housing markets looking up.

New home sales rising in April the median sales price for new house edging up slightly.

Hit some good news ahead of -- Memorial Day driving plans the price for a barrel of oil falling below ninety bucks that's the lowest in seven months.

And that could help to keep the gas price driving even -- -- is going online in China.

The retail -- of buying a stake in a major Chinese Internet shopping side Macy's getting its own space on the site to salvage stuff.

That's business lines you're bombing.

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