Is Facebook Moving Back to Massachusetts?

Over the last year, Facebook CEO Mark Zuckerberg has repeatedly emphasized his company’s social mission, “to make the world more open and connected.” It turns out that he’s interested in building a lucrative business as well. After Facebook’s surprisingly strong earning report, highlighted by impressive performance generating mobile revenue, the company’s shares skyrocketed by 20% on Wednesday, in the largest one-day gain since the company went public back in May.

WELL, this is helpful:German finance minister Wolfgang Schauble said it would be a folly to boost the EU's bail-out machinery (EFSF) beyond its €440bn lending limit by deploying leverage to up to €2 trillion, perhaps by raising funds from the European Central Bank.

WELL, this is helpful:German finance minister Wolfgang Schauble said it would be a folly to boost the EU's bail-out machinery (EFSF) beyond its €440bn lending limit by deploying leverage to up to €2 trillion, perhaps by raising funds from the European Central Bank.

The U.S. House voted to finance the federal government through the end of September, seeking to avoid a shutdown while preserving automatic spending cuts. The Republican-controlled House passed, 267-151, a stopgap measure to keep the government operating after current spending authority expires March 27. The bill retains US$85-billion in automatic cuts that began March 1 — a reduction of 5.8% through the fiscal year ending Sept. 30.