Man Says E-mails Show He Owns 50 of Facebook

(NECN) - In Money Matters, Paul Ceglia has re-filed a complaint against Mark Zuckerberg, claiming he owns 50% of Facebook. He sued Zuckerberg last year, and alleges that the two of them signed a contract 8 years ago giving him half ownership of the social networking site.

Also, the U.S. trade deficit is narrowing. Exports and imports are both declining, and the Commerce Department says the difference between our exports and imports changed from $47 billion in January to $45.8 billion in February.

Also, this summer, prepare for a possible clothing price hike. Cotton prices are expected to climb. A new industry survey says shoppers are expected to pay 10-15% more on all cotton products.

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