China Details Charges Against Gome Ceo

How the Dow Jones industrial average fared Monday Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 2:44 pm, Monday, May 20, 2013 The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.

Tumblr CEO's mom gushes over billion-dollar baby Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 2:42 pm, Monday, May 20, 2013 A few years later, Karp built Tumblr — the wildly popular blogging forum — from his tiny childhood bedroom, hunched over his laptop with bags of Tostitos. While Facebook has morphed into a mainstream social network where grandparents talk golf, Tumblr is still that little corner of the Internet where the cool kids hang out. True to the company's laid-back, jeans-and-sneakers culture, Karp's wry sense of humor remained intact on Monday morning, when all employees were summoned to a meeting in Tumblr's New York headquarters. Yahoo CEO Marissa Mayer showered praise on her new employee, saying Karp possesses a rare combination of computer programming prowess and a sense of aesthetics. Though he was enrolled at The Bronx High School of Science, a prestigious New York City public school, attending the school required him to make the long commute to the city's northernmost borough every day. [] I didn't know what the heck he was talking about. Because it was a whole other language. Tumblr stands out for a creative layout that enables users to easily share blog posts, photos and video with one another in a mosaic of interlocking information. In April, Karp announced in a blog post that Tumblr was laying off its team of journalists and editors assigned to cover the "living, breathing" Tumblr community. Advertising has been a missing ingredient because Tumblr, like many online services in their early stages, focused on building a loyal audience before turning its attention to making money.

Summary Box: Small company stocks are bright spot Associated Press Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 2:48 pm, Monday, May 20, 2013 Stock trading was subdued as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release the minutes of its most recent policy meeting.

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