Tur­bu­lent econ­omy, pres­i­den­tial race top sto­ries of 2012

Austin American-Statesman - - FRONT PAGE -

The top na­tional busi­ness sto­ries of the year in­clude a Face­book IPO and a ‘fis­cal cliff’ that marked a tu­mul­tuous year in the fi­nan­cial world.

ZEF NIKOLLA / NAS­DAQ VIA FACE­BOOK / AP

Face­book CEO Mark Zucker­berg (cen­ter) rings the Nas­daq open­ing bell May 18 from com­pany head­quar­ters in Menlo Park, Calif. Years of an­tic­i­pa­tion led up to Face­book’s ini­tial pub­lic of­fer­ing. The IPO bombed as Face­book stock lost more than half its IPO value within three months.

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