Business http://www.staradvertiser.com/business RSS Feed for Business en-us Sat, 19 May 2012 11:30:00 GMT Like? Not that much http://www.staradvertiser.com/business/20120519_Like_Not_that_much.html NEW YORK » It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday. Buffett bullish on papers http://www.staradvertiser.com/business/20120518_Buffett_bullish__on_papers_.html NEW YORK » Billionaire Warren Buffett's company is making another foray into newspapers, agreeing to buy 63 newspapers from Media General Inc. for $142 million. Facebook to haul in at least $16B in public offering http://www.staradvertiser.com/business/20120518__Facebook_to_haul_in_at_least_16B_in_public_offering.html NEW YORK » Facebook's initial public offering of stock is one of the largest ever. The world's definitive online social network is raising at least $16 billion for the company and its early investors in a transaction that values Facebook at $104 billion. OPI's HILuxury magazine captures top publishing honor http://www.staradvertiser.com/business/20120516__OPIs_HILuxury_magazine_captures_top_publishing_honor.html Oahu Publications' HILuxury magazine has won a MAGGIE Award from the Western Publishing Association at its 61st annual magazine awards ceremony. Ousted Yahoo CEO will get $6.5 million but no severance http://www.staradvertiser.com/business/20120515_Ousted_Yahoo_CEO_will_get_65_million_but_no_severance.html SAN FRANCISCO >> Yahoo began closing ranks behind its abruptly reshuffled leadership team Monday, but the company stayed mum on how it would proceed after firing its second CEO in the past eight months. Buying Facebook stock at IPO price will take connections http://www.staradvertiser.com/business/20120515_Buying_Facebook_stock_at_IPO_price_will_take_connections.html CHICAGO » Hoping to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels — or a lot of money. U.S. aims marketing campaign at global travelers http://www.staradvertiser.com/business/20120502_US_aims_marketing_campaign_at_global_travelers.html NEW YORK >> How do you sell Times Square and the Grand Canyon? The Caro­linas and California? Ala Moana's owner sees better quarter http://www.staradvertiser.com/business/20120502__Ala_Moanas_owner_sees_better_quarter.html General Growth Properties Inc., the second-biggest U.S. shopping mall owner and the owner of Ala Moana Center, said funds from operations excluding some items rose in the first quarter as tenant sales climbed amid increased consumer spending. Group pays $1.32B for Payless' owner http://www.staradvertiser.com/business/20120502_Group_pays_132B_for_Payless_owner.html NEW YORK » Collective Brands Inc., which owns the shoe store chains Payless and Stride Rite, is being acquired for about $1.32 billion. Centerbridge is offering $1.09B to buy P.F. Chang's http://www.staradvertiser.com/business/20120502_Centerbridge_is_offering_109B_to_buy_PF_Changs.html SCOTTSDALE, Ariz. » P.F. Chang's is being acquired and taken private in a deal valued at $1.09 billion. CEO Rick Federico said Tuesday that the deal with Centerbridge Partners LP will give the company greater flexibility in improving its restaurants.