AP State Business News

Broadcasters Fox, NBC and CBS sued Dish Network Corp. on Thursday over a service that offers commercial-free TV.

Morgan Stanley, the lead investment bank in Facebook's troubled initial public offering, will compensate retail investors who overpaid when they bought Facebook's stock in Friday's IPO, according to a source familiar with the matter.

Google's Internet search engine receives more complaints about websites believed to be infringing on Microsoft's copyrights than it does about material produced by entertainment companies pushing for tougher online piracy laws.

Facebook's rocky initial public offering hasn't stopped life at the world's biggest online social network. On Thursday, the company unveiled a camera app for the iPhone.

As President Barack Obama readies for a return to the Iowa State Fairgrounds, his campaign is reminding voters that it was in that same spot where Republican rival Mitt Romney declared last year that "corporations are people."

Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of more profitable products and service.

Yahoo is joining the battle to redefine Internet search and taking aim at building a better Web browser, too.

Scotland Yard says it's equipping its police officers with handheld fingerprint devices, something the force says will help identify suspects in a matter of seconds.

Biotech drugmaker Amgen Inc. introduced new CEO Bob Bradway to shareholders Wednesday at the company's annual meeting, with retiring CEO Kevin Sharer stepping down after a decade running the world's largest biotech company.

Facebook is in talks with the New York Stock Exchange to move its stock from the Nasdaq Stock Market after a botched initial public offering on Friday, according to a person familiar with the matter.

An appeal filed in the California Supreme Court contends that two state appellate court justices owned stock in Boeing Co. while they were involved in deciding whether to reverse a multimillion-dollar award against the firm.

Facebook's fourth day of trading as a public company saw an increase in the company's stock price and shareholder lawsuits related to the social network's botched initial public offering.

Facebook is close to settling a lawsuit over advertisements it calls "sponsored stories."

Facebook Inc. began trading publicly on Friday following one of the most anticipated stock offerings in history. The initial public offering of stock priced at $38 on Thursday. It was at the top end of a projected range that Facebook had already increased just days earlier.

When you travel and have to leave your dog behind, you can call a kennel, hire a pet sitter - or find him a new friend online.

One of the nation's largest pension funds says it will vote its 5.3 million shares against all of Wal-Mart's board nominees - including the company's current and former CEOs - at the retailer's annual meeting next week.

Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.

Facebook's newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth.

Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing.

Williams-Sonoma Inc.'s fiscal first-quarter profit slipped 3 percent as expenses climbed and it absorbed a one-time charge, but its adjusted results topped Wall Street's expectations.

Cable TV companies are trying to give their customers another reason not to cancel their service: better access to Wi-Fi hotspots.

Facebook was supposed to soar. Instead, it plunged.

Kidney dialysis services provider DaVita Inc. said Monday that it has agreed to buy the doctor network operator HealthCare Partners in a cash-stock deal worth about $4.42 billion.

Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Yahoo Inc. may finally be nearing a deal to sell half of its prized stake in the major Chinese e-commerce provider Alibaba.

Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week.

The lukewarm response to Facebook Inc.'s initial public offering sent shares of other social-media companies tumbling Friday.

The number of rigs actively exploring for oil and natural gas in the U.S. is up 12 this week to 1,986.

The owner of fast-food chains Carl's Jr. and Hardee's is planning to go public again, seeking to raise an estimated $100 million.

Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson.

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has provided Facebook Inc.'s social network with the means to pay for efforts to battle Google Inc.'s dominant search engine.

Revenue gains at its Old Navy, Gap and Banana Republic chains and online helped clothing seller Gap Inc. overcome rising costs and post first-quarter net income on Thursday that was unchanged from a year earlier.

Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.

Agilent Technologies Inc. said Thursday that it is buying Dako, a Denmark-based cancer diagnostic company, for about $2.2 billion to help it develop a wider range of cancer-fighting products, expand Agilent's life sciences division and boost revenue.

The legal battle between gaming giants Activision Blizzard Inc. and Electronic Arts Inc. is over, with the companies announcing they have settled a case that accused EA of improperly recruiting two executives who oversaw the creation of the smash videogame "Call of Duty: Modern Warfare 2."

Facebook raised $16 billion in its initial public offering Thursday, pricing its stock at $38 per share. Its public debut is the most anticipated tech IPO since Google went public in August 2004.

Activist investor Ralph Whitworth said Tuesday that his firm has taken a $600 million stake in PepsiCo Inc., a move that could ramp up pressure on the company to make changes.

Fans of "Diablo III" celebrated the midnight launch of the long-awaited video game.

An early Facebook employee and former assistant to Mark Zuckerberg will have a memoir out this summer.

Alexandria, Va., is having a love affair with books.

Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival.

Yahoo ended Scott Thompson's four-month stint as its CEO without giving him a severance package, according to documents filed Monday.

Federal safety regulators are investigating a complaint that a car owner's ear was cut in half when a side air bag inflated in a Hyundai Elantra.