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Facebook’s apology tour just raises more questions

A pattern has emerged in Facebook Chief Executive Officer Mark Zuckerberg’s response to various legislative bodies’ interest in his company. The more informed and pointed questions legislators want to ask, the less time Zuckerberg is willing to spend answering them. That should mean it’s probably time to stop asking and start acting in specific areas that have been adequately pinpointed ...

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Halfway back from brink, stocks sit still as investor mood heals

Bloomberg Anyone with a sense of symmetry can appreciate the S&P 500 Index right now. After bouncing all year, the equity benchmark just spent a week sitting at the precise midpoint of this year’s trading range. A perfect 50 percent retracement, in the language of technical analysis. Which is to say, it’s stopped moving — at least for the last ...

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Political risks grip European markets

Bloomberg Traders could be forgiven if flashbacks of the euro zone crisis come back to haunt them as the euro slid to a six-month low and risk premiums on Spanish and Italian bonds soared amid rising political risks. European risk assets took a massive pounding ahead of a long weekend in London as investors fled from riskier bonds, stocks and ...

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