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Local Business News

• Arizona Commerce Authority board finds interim head May 18, 2012
  Sandra Watson, second-in-command at the Arizona Commerce Authority, has agreed to become interim director July 1, if the organization can't find a new leader. […]
• Facebook shares close flat in historic debut May 18, 2012
  Facebook didn't make too many friends Friday. […]
• Combs: Default lets landlord end lease May 18, 2012
  Unless you and the landlord reach an agreement on a new lease, the landlord can evict you. […]
• Funding available for med-device start-ups May 18, 2012
  BioAccel seeks applications from medical device entrepreneurs: would offer up to $300,000 to each company. […]
• GM drops out of Super Bowl ads May 18, 2012
  First General Motors said this week it won't buy ads on Facebook, the big dog of new media, and today GM says it won't buy ads in the upcoming Super Bowl, the tentpole event in old media. […]
• GM claims Volt drivers have saved supertanker of gas May 18, 2012
  Through OnStar monitoring, GM finds Volts driven 60% on electricity only, or about 40 million miles so far. […]
• Facebook stock up slightly in public debut May 18, 2012
  Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon. […]
• Unemployment rates fall in 37 states May 18, 2012
  Nationally, the unemployment rate dropped to 8.1 percent in April. […]
• FACEBOOK IPO LIVE: May 18, 2012
  The social network goes public. […]
• US futures set to rebound May 18, 2012
  Facebook's debut as a public company on the Nasdaq Stock Market. […]