Spain beset by bank crisis, downgrades, bond pressure

MADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lenders - including the euro zone's biggest - having their credit ratings cut.

Strong Wal-Mart profit trumps bribery probe concerns

(Reuters) - Wal-Mart Stores Inc's profit and sales surpassed expectations as more people shopped at its established U.S. stores and spent more, pushing shares up more than 4 percent despite ongoing internal and government probes into possible bribery.

Trayvon Martin had traces of marijuana in his system

(Reuters) - Florida teenage shooting victim Trayvon Martin had traces of marijuana in his system when he was killed by neighborhood watch volunteer George Zimmerman, according to case documents released on Thursday.

Fraud charges for former financial advisory chief

WASHINGTON (Reuters) - A federal grand jury indicted a former chairman of a national financial planning association with fraud on Thursday for funneling more than $46 million of his clients' money into risky ventures he co-founded.

U.S. sets new tariffs on Chinese solar imports

(Reuters) - The United States hit Chinese solar companies with punitive import tariffs of 30 percent or more on Thursday, ruling they had dumped cut-price solar panels into the U.S. market.

Insight: Who got Facebook shares? Fairness may not come into it

NEW YORK (Reuters) - A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a deal handled by Wall Street.

U.S. suspends sanctions on investment in Myanmar

WASHINGTON (Reuters) - The United States on Thursday suspended sanctions barring U.S. investment in Myanmar in response to political reforms in the poor southeast Asian state, drawing praise from some U.S. lawmakers but criticism from human rights advocates.

JPMorgan's Dimon says will testify before Congress

WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws.

Facebook prices at top of range in landmark IPO

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq.

Poll shows Greece electing pro-bailout government

ATHENS (Reuters) - Greek voters are returning to the establishment parties that negotiated its bailout, a poll showed on Thursday, offering potential salvation for European leaders who say a snap Greek election next month will decide whether it must quit the euro.