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Facebook set its stock price at $38 and will start trading Friday on Nasdaq under the symbol "FB."

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The top executive in a JPMorgan Chase unit that lost more than $2 billion in botched trading is retiring. Chief Investment Officer Ina Drew had been trading with the firm, which is still reeling from the loss, for more than 30 years.

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Stock Market News for May 10, 2012-Markets extended their losing streak after inflated borrowing costs in Spain and lingering uncertainty about the political environment in Greece weighed on investors' mind yesterday.

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Roboinvest, which lets ordinary folks follow each others' trades in real-time, booted up at the end of January with a partnership with amateur trading clearinghouse E*TRADE. The startup has processed $2.5 million in trades …

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