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MarketWatch for December 11, 2012

By: KOLR10 News
Updated: December 11, 2012
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If you're keeping on top of the stock markets this morning, Tuesday, December 11, 2012...

The Nikkei is down 8 points today in Tokyo.
The Dow gained almost 15 points Monday.
And the Nasdaq added 9.


Stocks started the week with modest gains as investors continue to wait for progress on budget talks in Washington.
If no deal is reached, economists warn that spending cuts and tax hikes set to go into effect January 1 could plunge the economy back into a recession.


Voting is over for proposed policy changes to Facebook.
If it wants to, the social network can now change its policies without user approval.
Proposed changes include doing away with the voting system and changing how data is shared.
300-million votes were needed for results to be binding.
However, not even one million members participated.
Facebook will announce what happens next soon, according to the official Facebook site governance page.


Starbucks lovers who missed out on the coffee chain's limited-edition gift cards can now find them on Ebay, but for much more money than what they are worth.
Friday, the company sold 5,000 stainless steel gift cards online that went for $450 each.
It sold out in six minutes.
The gift cards are loaded with $400 in Starbucks credit.
By Monday, dozens were selling on Ebay for hundreds of dollars more than face value.
One was claimed Saturday after a winning bid of almost $1,100.

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