The Ticker

Facebook fixes feed

Facebook has redesigned the main attraction of its social network to address complaints that its website has turned into a jumble of monotonous musings and random photos.

In an attempt to breathe new life into Facebook's News Feed, the company will introduce new controls that allow people to sort streams of photos and other material into organized sections.

Facebook CEO Mark Zuckerberg, above, hopes to turn the News Feed into something more like a newspaper tailored to the particular interests for each of the social network's more than 1 billion worldwide users.

Zipcar shareholders OK Avis deal

Shareholders of Zipcar approved the Cambridge car-sharing company's nearly $500 million sale to auto rental giant Avis Budget Group. The deal is expected to be finalized next week.

U.S. regains wealth lost in recession

Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession.

Household wealth amounted to $66.1 trillion at the end of 2012, the Federal Reserve said. That was $1.2 trillion more than three months earlier and 98 percent of the pre-recession peak.

Verizon spends $545M on network

Verizon said it invested more than $545 million in its Massachusetts telecom infrastructure last year.

Most banks pass Fed 'stress test'

Major U.S. banks have enough capital to withstand a severe economic downturn, the Federal Reserve said, with all but one major bank passing the regulator's annual "stress test."

All 18 participating lenders except for Ally Financial — government-owned after being rescued during the financial crisis — met the minimum hurdle of a 5 percent capital buffer.

Bank of America cleared that with 6.8 percent, while Boston's State Street Corp. notched 12.8 percent.

TODAY

• U.S. Labor Department releases the unemployment report for February.
• Veteran technology marketing executive Mark Fredrickson, left, has joined Boston marketing agency Conover Tuttle Pace as a managing director. He previously served as vice president of corporate communications and marketing strategy at EMC Corp. At CTP, Fredrickson leads the technology practice.

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