GM Says It Will Stop Paying for Ads on Facebook
General Motors said it would abandon Facebook ads after concluding they were ineffective. The announcement comes as the social network said it would add 84 million shares, worth up to $3.2 billion, to the company's IPO. (May 16)
Skechers to Pay $40 Million for Bogus Claims
Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims that its Shape-ups shoes would help people lose weight and strengthen their butt, leg and stomach muscles. (May 16)
Obama to Congress: Pass Small Business Tax Break
President Barack is calling on Congress to help sustain the economy's "momentum" by passing legislation that would give businesses a 10 percent income tax credit if they create new jobs or increase wages this year. (May 16)
