AP Top Business News At 11:20 a.m. EDT

A year after IPO, Facebook aims to be ad colossus
NEW YORK (AP) -- It was supposed to be our IPO, the people's public offering....

Report: Yahoo nearing $1.1B acquisition of Tumblr
NEW YORK (AP) -- Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications....

Falling yen to make Japan's goods more affordable
Attention, bargain-hunters around the world: Japanese goods - from cars to televisions - are going on sale....

AP Impact: Myanmar sanctions list languishes
YANGON, Myanmar (AP) -- If you're American and want to do business in Myanmar, there's a list of people and companies you have to steer clear of by law. But it leaves off a former minister's son U.S. officials suspected of brokering arms deals with North Korea, and high-rolling relatives of the man who led the repressive military government for 19 years....

Stocks rise on hopeful signs for the US economy
NEW YORK (AP) -- Encouraging news about the U.S. economy extended the stock market's rally Friday....

GM stock rises above $33 for first time in 2 years
DETROIT (AP) -- Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years....

Caribbean talks conservation on Branson's island
NECKER ISLAND, British Virgin Islands (AP) -- Surrounded by a turquoise sea and a menagerie of exotic animals on a billionaire's private island, political and business leaders gathered Friday to back an initiative aimed at expanding protection for the Caribbean's imperiled coasts and waters....

Top officials call to overhaul euro institutions
BERLIN (AP) -- Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis - and who should be involved....

Glance: Europe's Key Institutions
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis - and who should be involved....

Politics, bribery charges swirl around Ugandan oil
KAMPALA, Uganda (AP) -- Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Bernanke forecasts gains from computer technology

Bank of Montreal ordered to fix oversight lapses

News Summary: Stocks gain for fourth straight week

Pew survey questions Gen X, baby boomer savings

GM stock rises above $33 for first time in 2 years

Figures on government spending and debt

How the Dow Jones industrial average fared Friday

Bill clears House for wider SEC economic analyses

Groups divided on Bangladesh safety overhauls

Transocean shareholders oust chairman