Business Report with Mike Eppel

By News Staff

Posted May 22, 2012 07:12:09 AM.

This article is more than 5 years old.

May 22: Shares of Facebook plunged to $34 Monday, dropping below the initial public offering price of $38. Business editor Richard Southern explains.

Keep it Factual
Add CityNews Kitchener as a trusted source on Google to see more local stories from us.
Add as a preferred source on Google
Submit a Correction
Accessibility Feedback

Top Stories

Construction begins on new JK-Grade 8 school in Breslau

Shovels are officially in the ground for the new public elementary school coming to Breslau. An official groundbreaking was held Monday at the site of the new Breslau-Hopewell Crossing Elementary School...

2h ago

City of Waterloo welcomes first female fire chief

Sandy van Solm is officially the new fire chief in the City of Waterloo. Waterloo City Council unanimously passed the decision at a council meeting Monday. Chief van Solm had been in the acting chief...

2h ago

Community town hall to be held on proposed data centre in Fergus

As Centre Wellington councillors look to potentially move forward with a temporary pause on data centre development, one group is hoping to change the minds of those against the controversial sites. SPUR...

1h ago

Road improvements coming to busy portion of Sawmill Road

Paved shoulders, upgraded guiderails and more are set to be installed on a portion of Sawmill Road in Woolwich Township this fall. Starting this week, construction crews are set to be out on Sawmill...

45m ago

Top Stories

Construction begins on new JK-Grade 8 school in Breslau

Shovels are officially in the ground for the new public elementary school coming to Breslau. An official groundbreaking was held Monday at the site of the new Breslau-Hopewell Crossing Elementary School...

2h ago

City of Waterloo welcomes first female fire chief

Sandy van Solm is officially the new fire chief in the City of Waterloo. Waterloo City Council unanimously passed the decision at a council meeting Monday. Chief van Solm had been in the acting chief...

2h ago

Community town hall to be held on proposed data centre in Fergus

As Centre Wellington councillors look to potentially move forward with a temporary pause on data centre development, one group is hoping to change the minds of those against the controversial sites. SPUR...

1h ago

Road improvements coming to busy portion of Sawmill Road

Paved shoulders, upgraded guiderails and more are set to be installed on a portion of Sawmill Road in Woolwich Township this fall. Starting this week, construction crews are set to be out on Sawmill...

45m ago

Most Watched Today

3:05
Will Trump's move to rename Lake Ontario impact cross-border relations?

U.S. President Donald Trump has signed an executive order to rename Lake Ontario to Lake America. Parliament Hill Bureau Chief Cormac Mac Sweeney discusses Trump's motive and whether it will have any impact in ongoing trade talks.

August 27, 2026 4:56 pm EST EST

1:00
Ford responds to Trump's comments: 'Bring it on buddy!'

Ontario Premier Doug Ford responded to U.S. President Donald Trump's personal attacks, doubling down on his comments to 'kiss his ass.'

August 24, 2026 4:03 pm EST EST

2:20
Ontario English Catholic teachers union schedules strike vote

Stalled bargaining with the province blamed for the OECTA setting a date to vote on a possible strike, aimed to send a message to the Ford government. Mark McAllister reports.

14h ago

2:50
A.I. developers call for regulation, slowdown of developing technology

Rhianne Campbell reports, officials are calling for more guardrails to be put in place in the wake of hacking incidents involving A.I. agents.

15h ago

2:12
Canada Investment Summit seeks $1 trillion

What's a trillion? It's the amount of investment Mark Carney hopes Canada will secure from foreign capital through the Canada Investment Summit. But some protesters say the Prime Minister is selling out the country.

14h ago

More Videos