U.S. data, Europe woes to set tone

NEW YORK - Investors will grapple next week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.

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Use social media in your job search

BOSTON - The widespread use of social media - including more playful sites like Facebook and Twitter, as well as the business-focused LinkedIn - is becoming a powerful force in many job searches, says Harvard Business Review.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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Starwood Trust edges down in debut

NEW YORK | Wed Aug 12, 2009 9:58am EDT

NEW YORK (Reuters) - Starwood Property Trust Inc (STWD.N) shares fell 2 percent in their first day of trading on Wednesday following the company's initial public offering.

Starwood Property shares started trading for $19.50 and rose slightly. In early trading on the New York Stock Exchange, they were changing hands for $19.61, or 1.75 percent below the IPO price of $20.

Starwood Property, an affiliate of private equity firm Starwood Capital Group, sold 40.5 million shares on Tuesday, raising $810 million, in what is likely to become the biggest U.S. IPO of the year so far.

(Reporting by Phil Wahba, editing by Gerald E. McCormick)
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