LA Times

L.A. Times - Business

• Backers of health insurance rate regulation edge closer to ballot
  Supporters of a proposed ballot measure seeking tighter regulation of health insurance rates in California turned in 800,000 petition signatures, confident that they will qualify for the Nov. 6 election.
  
  

  
  

  
  
  
• April job losses end state's eight months of gains
  Jobless rate falls as discouraged workers leave the labor force. Economists are disappointed by results amid a worsening state budget deficit, but cite long-term improvements.
  
  California's labor market stumbled in April as employers in a wide swath of industries trimmed their payrolls, shaking the state's long-sputtering economy.
  
  

  
  

  
  
  
• CBOE to start listing Facebook option contracts this month
  Because of high investor interest, the Chicago Board Options Exchange will start listing Facebook option contracts on May 29, sooner than normal.
  
  Facebook shares fell flat on their Nasdaq debut, but another trading venue for the stock will open later this month.
  
  

  
  

  
  
  
• Stocks fall on Europe worries; Facebook debuts
  It's going to take more than Facebook's initial public offering to push the stock market higher.
  
  

  
  

  
  
  
• Facebook's epic fail
  Maybe the dumb money wasn’t so dumb this time.