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  • Slideshow: Punahou Carnival weekend

    The 2012 Punahou School Carnival drew thousands of people to the Honolulu campus this weekend under sunny skies. The junior class at Punahou, President Barack Obama's alma mater, has been organizing and planning the annual fundraising event since 1932, when students first hosted a campus carnival to raise money for the yearbook during the Great Depression. Highlights include game booths, rides from E.K. Fernandez Shows Inc., an art gallery, a silent auction, a "white elephant" tent, and a variety of food, including the traditional Punahou Carnival malasadas...

  • Gingrich brings campaign to Dayton

    Newt Gingrich is slated to be in Dayton this week to drum up support for his presidential bid. Gingrich's campaign announced he and his wife, Callista, are slated to roll through Ohio at rallies in Cincinnati, Dayton and Columbus on Tuesday as well as Cleveland on Wednesday. Details have yet to be announced. Despite losing to Mitt Romney in Nevada, Gingrich is still pledging to stay in the race until the GOP convention this summer. Gingrich's stop this week will probably mark the beginning of multiple stops in the Buckeye State for GOP candidates trying to build momentum for Super Tuesday --.....

  • DBJ Weekend Tech Watch: News of Facebook, Apple, HP, Qwest and more

    Welcome to the Denver Business Journal's Tech Watch, our roundup of the weekend's tech news from around the nation, featuring reports on Facebook, Apple, Hewlett-Packard, Qwest, Microsoft, Micron Tech, NASA, Cisco Systems, ChemoCentryx, Yelp, Marriott, Zillow and more. Facebook revs up political funding ahead of IPO Winklevoss twins to gain $300M from Facebook IPO? Apple rumors: New iPad in March, iPhone in June CEO Meg Whitman got $16.5M HP pay package Micron Tech CEO killed in airplane accident in Idaho SEC agrees to settlement deal with last ex-Qwest civil defendants Microsoft teams with NASA.....

  • ChemoCentryx IPO expected this week

    ChemoCentryx Inc. is the next Silicon Valley initial public offering expected, with its debut on Nasdaq expected this week. The Mountain View company set a target range last month of $14 to $16 for the 4 million shares it plans to sell in the IPO. The target at the top of the range would bring in $64 million, slightly less than the $69 million the biopharmaceutical company filed for back in October. ChemoCentryx focuses on the treatment of autoimmune diseases, inflammatory disorders and cancer...

  • Cisco earnings eyed for more improvement

    Cisco Systems Inc. earnings on Wednesday are being watched for more signs of improvement for the networking equipment giant. Analysts expect the San Jose-based company (NASDAQ:CSCO) to post earnings of 38 cents a share, up almost 23 percent, on a revenue increase of about 8 percent to $11.23 billion. Cisco last year shook up its business, cutting staff and dropping consumer-oriented product lines to get back to its business-oriented core. Its stock was one of the worst performers in 2010 but has risen 40 percent since hitting bottom at $13...

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  • US Airways Center celebrates 20th anniversary, debuts theater boxes

    Country crooner George Strait opened US Airways Center in the first public concert at the downtown Phoenix venue in June 1992. Two decades later, Strait packed the house again as part of a big event celebrating the center's 20th anniversary. The sports and entertainment venue, which is home to the NBA's Phoenix Suns, WNBA Phoenix Mercury and the Arena Football League's Arizona Rattlers, has hosted more than 30 million guests for its 3,400 events in the past 20 years. The facility's first major renovation occurred in 2003, when an air-conditioned glass pavilion was added around the box office...

  • Yelp shows wider 2011 loss on new IPO filing

    Online review site Yelp Inc. updated its initial public offering filing on Friday, showing it has a bigger loss than the year before as marketing and development costs rose. The San Francisco company co-founded by former PayPal executive Jeremy Stoppelman said its loss in 2011 was $16.9 million loss last year, compared with a loss of $9.74 million in 2010. The loss attributable to shareholders was $1.10 a share vs. 71 cents a year earlier. Revenue rose by 74 percent to $83.3 million. The company said the number of unique visitors to the site was up 67 percent to 65...

  • Money Talks: January job report, S&P gain buoy expectations the recovery is entrenched

    On Friday, the U.S. Department of Labor reported that the unemployment rate and the number of unemployed workers fell in January to the lowest levels since 2009. The U.S. economy added 243,000 jobs in January, beating economists’ expectations and continuing the trend of positive economic data that began in the fourth quarter of 2011. The unemployment rate dropped from 8.5 percent to 8.3 percent. “All in all, a solid jobs report that is supportive of ongoing income and spending growth and improvement in business and consumer sentiment,” said Robert Dye, a Comerica Bank economist...

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  • Facebook revs up political funding ahead of IPO

    Facebook Inc. formed a political action committee that raised $170,000 late last year as the company prepared to file for an initial public offering. The Center for Responsive Politics reports that a lot of the money came from Facebook executives and employees, including CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg, both giving the maximum allowable $5,000. Other top execs who gave the max $5,000 were Joel Kaplan, Facebook's policy chief in Washington, D.C., and was President George W...


 
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