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Lawrence Journal World in Lawrence, Kansas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Jan 28, 2012

Page

4

Security Council opens talks on Syria draft amid veto concerns

The United Nations Security Council began closed talks Friday on a new Arab European draft resolution to end the Syria crisis but Russia rejected the current wording citing red lines including an arms embargo. Britain urged unity backing the Arab League effort while France and Germany urged a clear stand. Russia and China previously vetoed a similar measure.

United Nations Security Council Syria Russia Vitaly Churkin Arab Security Council Morocco Moscow Churkin Mark Lyall Grant Arab League Council Lyall Grant Qatar Gerard Araud Coun Cil Guido Westerwelle General Affairs Council Brussels U.N Peter Wittig China Gennady Gatilov Itar-Tass Kremlin

Facebook to Go Public Raising Up to 10 Billion

The Wall Street Journal reports Facebook prepares to file for an initial public offering that could raise as much as ten billion dollars and value the social network at seventy five to one hundred billion. The SEC filing could come as early as Wednesday with shares debuting in three to four months.

Facebook McDonald's Amazon.com Bank of America Wall Street Journal Securities and Exchange Commission

Friday Market Snapshot of Key Indices and Commodities

The Dow fell 74.17 points to 12,660.46 while the Nasdaq rose 127 points to 816.55 and the S&P 500 slipped 2.1 points to 1,316.32. Treasuries and several commodities moved, with corn up 7.25 cents to 6.42, soybeans down 3.75 cents to 12.19, wheat down 9 cents to 7.00, oil down 14 cents to 99.56, gold up 5.50 to 1,732.20, silver up 47 cents to 33.79, and platinum up 6.20 to 1,623. The report provides a snapshot of market movements for the session.

Dow Industrials S&p 500 Treasury Chicago Kansas City New York

Economy shows healing but not yet healthy growth

The 4th quarter growth at 2.8 percent marked the fastest pace since spring 2010 and a third straight gain, yet economists warn the momentum may fade. Unemployment sits at 8.5 percent after a six month rise in hiring, with 2012 outlook modest. Inventory buildup drove much of late 2011 gains, with forecasts for slower growth in early 2012. The Dow fell as markets absorbed the data.

Washington Commerce Department Federal Reserve Paul Ashworth Capital Economics Ashworth

Also Mentioned on This Page

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