Fox Business

foxbusiness.com — The race to November is on, and President Obama is launching a new ad campaign, trying to score votes by blasting Mitt Romney and his tenure as the head of Bain Capital, a private equity firm. "Bain capital was the majority owner. They were responsible.

foxbusiness.com — Facebook (FB) and lead underwriter Morgan Stanley (MS) were reportedly hit with another shareholder lawsuit on Wednesday over the social network's controversial initial public offering. The latest lawsuit comes even as Facebook's shares looked to end their two-day plunge amid a pair of conflicting analyst notes on the company's valuation.

foxbusiness.com — PTT Exploration & Production PCL (PTTEP.TH) said Wednesday it and Cove Energy PLC (COV.LN) have agreed on the terms of a recommended cash offer to be made by the Thai company's unit, which values the firm at GBP1.22 billion (US$1.93 billion) and trumps rival bidder Royal Dutch Shell PLC's (RDSA) GBP1.12 billion offer.

foxbusiness.com — Unseasonably warm weather in central Canada helped power an advance in retail sales in March that was above expectations and offset a decline in the previous month, Statistics Canada said Wednesday. The data agency said March retail sales rose 0.4% to C$39.05 billion (US$38.22 billion), ahead of market expectations for a 0.3% gain, according to economists at Royal Bank of Canada.

foxbusiness.com — The nation's lead securities regulator Mary Schapiro had a message today for small investors stung by the Facebook IPO. In spite of the problems with the social network's public stock launch, you should be confident in the markets. But it's too late. They've already lost confidence.

foxbusiness.com — The events surrounding Facebook's (FB) controversial initial public offering are likely to fuel further criticism that some hot IPOs enrich Wall Street but not necessarily retail investors who snatch up shares on the open market.

foxbusiness.com — U.S. home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs about the pace of recovery in the still-struggling housing sector. The National Association of Realtors said on Tuesday that existing home sales increased 3.4 percent to an annual rate of 4.62 million units last month, the highest since May 2010.

foxbusiness.com — German chemical and pharmaceutical group Bayer AG (BAYN.XE) and Onyx Pharmaceuticals, Inc. (ONXX) Tuesday said a phase III trial of Nexavar treatment for lung cancer patients failed to meet its primary endpoint of improving overall survival.

foxbusiness.com — Commodities titan Glencore International PLC (GLEN.LN) said Tuesday said it has indirectly boosted its stake in Congolese copper and cobalt company Mutanda Mining Sprl to 60% through two stake purchases for $340 million in cash and the assumption of debt.

foxbusiness.com — Copper demand from China, the world's largest consumer of the industrial metal, is expected to pick up in the second half of the year, although the outlook in Europe remains concerning, the head of Xstrata PLC's (XTA.LN) copper division said Tuesday, adding that future investment decisions may be affected by continued global economic uncertainty.

video.foxbusiness.com — Menlo Ventures managing director Mark Siegel argues Facebook is a company that will grow over time.

foxbusiness.com — According to the latest statistics from the Labor Department and the Institute for Women's Policy Research, job growth was stronger for women in March. That month, women gained 38,000 jobs over the previous month, or one third of all positions added.