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New York Times
- DealBook: Facebook Raises $16 Billion in I.P.O.The initial public offering, priced at $38 a share, values Facebook at $104 billion, putting the social networking company on par with McDonald's, Citigroup and Amazon.com.
- New Details Are Released in Shooting of Trayvon MartinA photograph released by prosecutors of George Zimmerman after the shooting of Trayvon Martin.Documents made public by the special prosecutor in the Florida case describe an attempt to re...
- Joe Ricketts Rejects Plan to Finance Anti-Obama AdsWord that Joe Ricketts had considered bankrolling advertisements invoking the incendiary race-infused statements of President Obama’s former pastor drew wide denunciation.
- Catalog of Wounded in Afghan War Could Be ModelWhile in flight in Helmand Province in 2010, Sgt. Ian J. Bugh, a medic, worked on Cpl. Brett Sayre, a Marine who was injured by an improvised explosive device.Col. Michael D. Wirt’s datab...
- Nik Wallenda Prepares for His Niagara Falls StuntNik Wallenda practicing over a parking lot not far from the falls he plans to cross on June 15. Small crowds have been watching his progress, which has also been detailed daily by the loc...
Washington Post
- Japan begins grim relief mission with towns flooded, thousands reported missingRescue teams searched through matchstick rubble Saturday for thousands of people missing in flooded areas of northeastern Japan, beginning one of the most complex relief efforts in history.
- Japanese nuclear plants' operator scrambles to avert meltdownsJapanese authorities said Sunday that efforts to restart the cooling system at one of the reactors damaged by Friday's earthquake had failed, a major setback in the struggle to contain wh...
- For autistic kids' parents, trial hits home
- Subterranean jail a sign of Gaddafi's grip
- Who will reach the Final Four?
USA Today
- Billionaire behind super PAC concerned about deficitJoe Ricketts, the billionaire behind a super PAC opposed to President Obama, says he's concerned with the ballooning federal deficit.
- Hundreds flee raging wildfires in Colo, Ariz.Officials have ordered evacuations for residents of 65 homes in Colorado, while more than 300 people have evacuated due to an Ariz. fire.
- World's first Wikipedia town to launch in WalesA small Welsh town where English King Henry V was born is about to make history again by becoming the world's first "Wikipedia town."
- China sentences former fugitive to life in prisonThe man once considered China's most-wanted fugitive was sentenced to life in prison Friday for running a large-scale smuggling operation.
- New Zealand police charge driver in Boston University crashNew Zealand police have charged a 20-year-old American who drove a minivan in a crash that killed three fellow Boston University students.
Wall Street Journal
- Facebook Prices Its IPO at $38Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion. It tried floating higher numbers to investors but was rebuffed.
- H-P to Slash Work Force by up to 30,000Hewlett-Packard plans to cut its workforce by 25,000 to 30,000 employees, a record number for the venerable tech giant as it grapples with declining revenue and profits.
- Big Names Dot Gupta Witness ListSeveral top corporate and Wall Street executives, including Goldman Sachs CEO Lloyd Blankfein, could be potential witnesses at the insider-trading trial of Rajat Gupta.
- Japan's Biggest Bank Freezes Transactions With IranIn an action unrelated to U.S. sanctions against Tehran, Bank of Tokyo-Mitsubishi UFJ said it has frozen financial transactions with Iran's government and central bank, as ordered by a U....
- Nominees to the Fed Confirmed After DelayThe Senate confirmed Obama's two nominees to the Federal Reserve Board, filling the seven-member panel for the first time since April 2006.
Los Angeles Times
- Dispatch lag slows Los Angeles Fire Department call responseOperators on average take far longer than the national standard to send rescuers, a Los Angeles Times analysis shows. When Javier Ortiz collapsed in his backyard in Echo Park, rescuers we...
- Appreciation: Donna Summer: The sonic seduction lives on in today's beatsIf you drop a needle on the original version of "Love to Love You Baby" just as you're beginning this appreciation of Donna Summer, the so-called Queen of Disco who died Thursday at age 6...
- Stakes are high on Facebook's first day of tradingMajor stock exchanges, brokerage firms and mutual fund companies have been gearing up for Facebook's giant IPO. With all the hype, any snafus would be a major embarrassment. NEW YORK &mda...
- Trayvon Martin case: Evidence shows an injured George ZimmermanGeorge Zimmerman, the neighborhood watch volunteer who shot the unarmed black teenager Trayvon Martin, was bloody after their encounter and had head wounds, according to the latest eviden...
- Romney: Rev. Wright ads 'the wrong course for a PAC or a campaign'JACKSONVILLE, Fla. – Mitt Romney said Thursday that he did not approve of a proposal for a racially-tinged ad campaign from an outside group that considered invoking controversial c...
The Boston Globe
- New Zealand authorities charge driver in crash that killed three Boston University studentsThe 20-year-old American citizen who was driving a minivan that crashed, killing three Boston University students and injuring several others in New Zealand last week, will face charges, ...
- 5/12: 3 BU students killed in New Zealand van crashThree Boston University students studying abroad in New Zealand were killed and five from BU were injured when a van in which they were riding swerved off a road just outside the town of ...
- Pictures - BU holds vigil for students killed in crashBoston University students held a candlelight vigil on Marsh Plaza at Boston University, on Saturday, May 12, to mourn three students studying in New Zealand who were killed when their mi...
- Curt Schilling firm unable to cover $1.1m check, may miss payrollMore turmoil at Curt Schilling's 38 Studios video-game company. Rhode Island officials disclosed this evening that the company attempted to pay a missed loan payment this evening, but had...
- 5/16 - Schilling asks R.I. for more money for troubled firmFormer Red Sox pitcher Curt Schilling asked Rhode Island officials for more money for his video game company 38 Studios LLC in a private meeting Wednesday morning, held to discuss whether...
Miami Herald
- Miami Beach manager says he’ll resign a year from nowMiami Beach City Manager Jorge Gonzalez submitted a letter to the Miami Beach commission, saying he would resign in May 2013. Several of the commissioners said that is unacceptable.
- Miami Heat looks to ‘stay tough’ going into Game 5 against New York KnicksIt’s not about whether LeBron James or Shane Battier guards Carmelo Anthony.
- GOP fumbles Hispanic outreachHoping to explain their plans to win over the country’s 12 million Hispanic voters, Republicans instead muddied their message on the sensitive subject of immigration.
- Gov. Rick Scott’s top advisor arranged $5 million no-bid contract in SenateThe governor’s chief of staff, Steve MacNamara, used his Senate clout to sign a contract for a web-based budget system developed by the business partner of a friend
- UM medical school to lay off up to 800The University of Miami medical school plans to lay off up to 800 workers in administration and research to deal with reduced government and private funding.
Chicago Tribune
- Most unforgettable City Series games at Wrigley FieldAtmosphere can be electric for classic baseball, divisive rivalries, bizarre events, unique home-field advantage and odd happenings Protests? Cubs and White Sox fans could be justified in...
- Dozens protest outside Obama headquarters, consulatesProtesters marched today from President Obama's re-election headquarters to several consulates of countries that belong to NATO, protesting the alliance's involvement in the war in Afghan...
- Cops: More than 100 tips in bride's slayingPolice and FBI officials say they are poring over more than 100 tips as they hunt for a man accused of stabbing his new wife to death and leaving her body in her bathtub.
- Ricketts family moves to control ad falloutThe Ricketts family, owners of the Chicago Cubs, today moved to control fallout from a now-disavowed plan to politically attack President Barack Obama reportedly funded by the family patr...
- Donna Summer dead at 63Donna Summer, an icon of the disco ‘70s and early ‘80s, has died at 63.
Houston Chronicle
- HPD officer shoots at assault suspectA Houston police officer shot at a man who lunged at him while he was investigating a woman's claim that he had assaulted her.
- Baby fatally struck after falling into truck's pathThe investigation is continuing into the death of a 4-month-old girl who was struck by a truck at a southwest Houston apartment complex. The child was hit about 9:50 a.m. on Wednesday at ...
- New details about Trayvon shooting emergeNew details about Trayvon shooting emerge Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed...
- Uniformed officers at trial concern HPD chiefHouston Police Chief Charles McClelland said on Thursday that he has a "valid concern" about the number of uniformed HPD officers who attended the trial to support former officer Andrew B...
- Legal action possible after boy finds finger piece in Arby's mealLegal action possible after boy finds finger piece in Arby's meal Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, re...
San Francisco Chronicle
- Documents shed new light on Trayvon Martin killing(05-17) 19:03 PDT Orlando, Fla. (AP) -- Trayvon Martin was shot through the heart at close range. George Zimmerman had a broken nose, bruises and bloody cuts on the back of his head. The ...
- Facebook prices IPO at $38 per shareFacebook priced its stock at $38 per share Thursday, officially giving the social-networking giant the largest Internet initial public offering in history and one of the biggest ever. The...
- Facebook IPO: Who is selling stock?(05-17) 13:00 PDT , (AP) -- Facebook Inc. is selling 180 million of its shares in its initial public offering. Another 241. 2 million are coming from existing stockholders, including the ...
- Facebook's Saverin Saves $67 Million on Tax Bill by Leaving U.S.May 16 (Bloomberg) -- Facebook Inc. co-founder Eduardo Saverin will save at least $67 million in federal income taxes by dropping U.S. citizenship, according to a Bloomberg analysis of th...
- SF Giants' younger players help beat CardinalsPeople want it both ways: They holler for youth, then complain when the kids do not play with the same skills and smarts as a 10-year major-leaguer. Winning and developing simultaneously ...
Philadelphia Inquirer
- N.J. to consider marijuana decriminalization billTRENTON — An Assembly panel is set to hear a bill Monday that would decriminalize possession of small amounts of marijuana, making the offense similar to a parking violation. The bi...
- Philadelphia conducts new homeless censusIn an attempt to get a more complete picture of homelessness in Philadelphia, more than 50 volunteers fanned out to all corners of the city Wednesday night and counted 583 people living o...
- Ex-Montco detective charged with stealing guns, drugsA former detective-sergeant in the Hatboro Police Department stands accused of stealing firearms, cash, and narcotics from the police evidence room, and also of using a police informant t...
- Black Madam held for trial for illegal butt injectionWednesday’s preliminary hearing for the Black Madam featured testimony about “butt pumping parties” and a woman who goes by the name of “Back Shots.” But per...
- Cop speaks of ‘mangled little bodies’ from crash sceneDefenses attorneys for two men charged with the murders of four people killed by a car speeding from an armed robbery convinced a Judge Thursday to bar the most graphic death-scene photos...
Dallas Morning News
- Facebook's $16 billion IPO one of world's largest
- Remembering an icon: Disco queen Donna Summer dies of lung cancer at age 63
- First look: Video shows robbery that sparked South Dallas Kwik Stop protests
- Union witness blasts American Airlines’ business plan
- Matt Harrison struggles early, Rangers fall to A's in extra innings, 5-4
Associated Press
- Documents shed new light on Trayvon Martin killingORLANDO, Fla. (AP) -- Trayvon Martin was shot through the heart at close range. George Zimmerman had a broken nose, bruises and bloody cuts on the back of his head....
- Facebook's IPO one of world's largestNEW YORK (AP) -- Facebook found more than enough friends....
- House OKs continued war in AfghanistanWASHINGTON (AP) -- The House endorsed the continued war in Afghanistan on Thursday despite acknowledgment from Republicans and Democrats that the American people are war-weary after more ...
- Disco Queen Donna Summer dies at 63NEW YORK (AP) -- Like the King of Pop or the Queen of Soul, Donna Summer was bestowed a title fitting of musical royalty - the Queen of Disco....
- Romney denounces idea of Obama-Wright campaign adsJACKSONVILLE, Fla. (AP) -- Mitt Romney swiftly and firmly distanced himself Thursday from a group exploring plans to target President Barack Obama's relationship with a controversial form...
CNN
- Replacing Kenya's 'flying toilets'In the slums of the Kenyan capital, Nairobi, visiting the bathroom usually means one of two things; a trip to the local pit latrine or the 'flying toilet'.
- Suspected police impersonator questioned in MississippiMississippi authorities are questioning a man suspected of impersonating a police officer to determine whether he is involved in the killings of two motorists.
- Advocate: Story of rare bacterial infection raising awarenessA foundation devoted to education about flesh-eating bacteria cites figures estimating up to 1,500 cases occur in the U.S. each year.
- A diva who defined the disco momentDonna Summer defined the disco era. Her brazenly sexual hits "Love To Love You Baby" and "I Feel Love" horrified some and delighted many more when they came out. They also helped to prope...
- Cristiano Ronaldo: I'm better than MessiIt's not a phrase that usually gets said out loud, but you have to feel sorry for Cristiano Ronaldo. He talks exclusively to CNN's Pedro Pinto.
Reuters
- Facebook wraps up IPO, set for big Friday popSAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as invest...
- Exclusive: U.N. probes possible North Korea arms trade with Syria, MyanmarUNITED NATIONS (Reuters) - A U.N. panel of experts that monitors compliance with sanctions on North Korea is investigating reports of possible weapons-related deals between Pyongyang and ...
- Trayvon evidence fails to answer who screamed for helpORLANDO, Florida (Reuters) - An FBI expert found crucial evidence in the Trayvon Martin case was inconclusive, saying it was impossible to tell if the voice screaming for help belonged to...
- Spain beset by bank crisis, downgrades, bond pressureMADRID (Reuters) - Spain's borrowing costs shot up at a bond auction on Thursday and its troubled banks suffered a double blow, with shares in part-nationalized Bankia diving and 16 lende...
- JPMorgan's Dimon says will testify before CongressWASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate o...
ABC News
- Cops, Witnesses Back Up Zimmerman's Version
- Romney Defends Wright Quote: 'I Stand by What I Said, Whatever It Was'What began as the resurrection of one of the most animated characters in the 2008 campaign on Thursday ended with Mitt Romney being forced to answer to reporters and consequently offer up...
- China Sentences Fugitive to LifeChina sentences notorious fugitive Lai Changxing to life in prison for smuggling
- 6 Shot, 3 Dead, in West Louisville6 shot, 3 dead, on street corner in west Louisville neighborhood; 3 more hospitalized
- Facebook IPO Price: $38 Per ShareFacebook initial public offering of common stock will be priced at $38 a share.
CBS News
- Autopsy: THC in Martin's bloodAlso, newly-released video shows images of Trayvon Martin before he was killed by George Zimmerman Photos
- House OKs continued war in AfghanistanMore than 10 years after the Sept. 11 terrorist attacks, American public support for the overseas conflict has deteriorated
- George Zimmerman's injuriesPhotos: Evidence released by Fla. State Attorney's office shows injuries to George Zimmerman on night of Trayvon Martin shooting
- Colo. wildfire grows amid wind gustsFirefighters worked to combat a growing blaze that was scorching terrain around a scenic canyon in northern Colorado
- Disco queen Donna Summer dead at 63Five-time Grammy winner, who scored 1970s hits with "Last Dance," "Hot Stuff" and "Bad Girls," had battled cancer Photos
MSNBC
- Trove of evidence released in Trayvon Martin shootingProsecutors on Thursday made public a trove of evidence used to justify murder charges against Neighborhood Watch volunteer George Zimmerman, including a police report that concluded "the...
- Facebook looking at price of $38 a share as IPO approachesFacebook was on the verge of going public Thursday at $38 a share, raising more than $16 billion in a landmark public offering that would value the company at more than $100 billion.
- Here's how you get a piece of FacebookExcitement is mounting for Facebook’s expected debut on financial markets Friday. So if you’re an individual investor, can you get a piece of the action, and should you?
- Summer forecast: hot and dry -- with western wildfires
- Pacers pound ice-cold Heat, take 2-1 series leadRoy Hibbert had 19 points and 18 rebounds, George Hill scored 20 and Danny Granger 17 as the Indiana Pacers, showing more balance, toughness and togetherness than Miami, throttled the He...
FOX News
- Questions Persist Despite New Zimmerman Case InfoEvidence shows extent of injuries to shooter accused of killing Trayvon Martin, who had marijuana in system Read the Police's Report on the Zimmerman Case OPINION: What Medical Reports Sa...
- Defense Paints Edwards As a Sinner, Not a FelonAs month-long corruption trial ends, Edwards' defense closes arguing he sinned with affair, but broke no laws VIDEO: Setback for Edwards Defense Team?
- NASA's Privatization Plan At Make-or-Break MomentAs private firm SpaceX aims for Saturday launch, some lawmakers warn it may be waste of tax dollars PHOTOS: Who Will Build NASA's Space Taxis? What Will Spaceflight Cost? Private Space Ta...
- Changing America: Minority Births Now Outpace WhitesFor the first time, minorities make up just over half of all US births, with Hispanics leading the way JUAN WILLIAMS: Could McCain Have Strategy to Win Over Latino Voters? Number Seeking ...
- Billion$ for Jobs, So Where Are They?Senator questions the $18B spent on tax-funded training programs, as a study suggests rampant waste, mismanagement among 47 overlapping federal jobs programs run by nine agencies. Farmers...
BBC News (US and Canada)
- Zimmerman found with bloody noseA Florida neighbourhood watch volunteer who shot an unarmed black teenager had a bloody nose and a cut on his head, according to police reports.
- Facebook shares valued at $100bnFacebook prices its shares at $38 each ahead of one of the most eagerly anticipated share flotations in recent stock market history.
- Tributes to Donna Summer pour inThe music industry pays tribute to Donna Summer, famous for disco hits like I Feel Love and Love To Love You Baby, after she dies aged 63.
- White births now minority in USChildren from racial and ethnic minorities now account for more than half the births in the US, estimates from the latest census data say.
- Kennedy wife 'died by hanging'Mary Kennedy - the estranged wife of Robert F Kennedy Jr, nephew of John F Kennedy - died of asphyxiation due to hanging, authorities say.
President Barack Obama's Blog
- Weekly Address: Gas Prices & Energy SecuritySpeaking from a UPS customer center, President Obama announces a new public-private program, the Green Fleet Partnership, and discusses his Blueprint for a Secure Energy Future that will...
- Green Fleet InitiativeThe President today laid out a number of measures to help America shift to a clean energy economy, reducing our dependence on oil, protecting our planet, and spurring economic growth thr...
- “I will not be satisfied until every American who wants a good job can find one”Figures released by the U.S. Labor Department, this morning, show that unemployment has fallen to 8.8% . Speaking earlier today, President Obama said: Nearly two years after one of the w...
- The March Employment Situation: 216,000 Jobs GainedToday, the U.S. Labor Department announced that our economy added 216,000 jobs in March, marking 13 consecutive months of growth and totaling more than 1.8 million jobs created over that...
- Watch: President Obama Delivers Speech on Energy Policy—Today at 12:20 p.m. ETSpeaking this afternoon, the President will highlight the National Clean Fleets Partnership—you can watch the speech live online here . The National Clean Fleets Partnership is a p...
NPR
- Postal Service To Start Closing Plants This SummerNearly bankrupt, the U.S. Postal Service is moving forward with its multibillion-dollar cost-cutting plan, saying on Thursday it can no longer wait as Congress remains deadlocked over how...
- Moody's Downgrades 16 Spanish Bank RatingsMoody's Investors Service is lowering the ratings because of the country's worsening financial picture. Moody's said it took the action because the banks face a rising tide of bad loans w...
- New Evidence Released: Trayvon Martin Had Traces Of Pot In SystemIn hundreds of pages of documents, police also say Martin's shooting was "ultimately avoidable."
- Facebook Stock Priced At $38 A Share Ahead Of Friday IPOFacebook has priced its much-hyped stock at $38 a share in advance of its initial public offering Friday. It is expected to be one of the largest IPOs in history and the company is expect...
- Reports: Hewlett-Packard Plans To Announce About 25,000 Job CutsThe company may cut about 8 percent of its workforce as part of a restructuring.
PBS NewsHour
- Remembering the 'Queen of Disco' Donna SummerSinger Donna Summer became known as the "Queen of Disco," defining the genre with her sultry vocals and pulsing rhythms. She used to say she grew up listening to rock 'n' roll and was rai...
- Combating Hardship in Rural ThailandFrom Thailand, special correspondent Fred de Sam Lazaro reports on one social entrepreneur's efforts to combat hardships and instill a new way of thinking in the rural regions of the rela...
- Campaigns Push Messages on YouTube to Save Money, Target VotersAs part of an ongoing series on how candidates use social media this election season, Ray Suarez and journalists Lauren Ashburn and Howard Kurtz of Daily-Download.com discuss how Presiden...
- Geithner: Again With the Debt-Limit Debate? 'I Don't Understand it'Treasury Secretary Timothy Geithner told Jeffrey Brown during a factory tour Thursday in Baltimore that he couldn't understand why the debate over the federal debt limit is back again. Th...
- News Wrap: Future of Eurozone Uncertain as Greek Credit Rating DropsIn other news Thursday, questions kept coming about the future of the eurozone. By all accounts, money was flowing out of Greece where far-left leaders are agitating to break a bailout ag...
Voice of America
- Treatment of Former Mongolian President Raises International ConcernsA former president of Mongolia is now in a hospital, recovering from the effects of a hunger strike he staged while imprisoned by the government that replaced his. The situation in Mongol...
- US Congressional Panel Examines International Human Rights ViolationsCAPITOL HILL - The Tom Lantos Human Rights Commission held a hearing Thursday on threats and restrictions faced by civil society and human rights defenders around the world. The hearing ...
- Obama Prepares for NATO Summit in ChicagoAfter hosting the G8 summit at Camp David on Saturday, President Barack Obama will host the NATO summit, beginning Sunday in Chicago. Mr. Obama is preparing for the NATO gathering, which...
- Daughter of Sitar Legend Fuses Indian Songs With Spanish RhythmsShivan Sarna WASHINGTON - Sitar virtuoso Anoushka Shankar, daughter of the renowned Indian sitar player and composer Ravi Shankar, explores the unlikely pairing of the rapturous songs of ...
- Experts Troubled by New Dengue Outbreaks in Western HemisphereDengue fever - a tropical disease once confined mainly to Africa and Asia - has become a growing problem in the Americas. So far, there is no drug to treat the mosquito-borne viral disea...
Bloomberg News
- Tony Dowd, Brad Hintz Debate Need for Volcker Rule (Audio)May 17 (Bloomberg) -- Brad Hintz, analyst of U.S. securities firms at Sanford C Bernstein & Co, and Tony Dowd, chief of staff for the office of Paul Volcker, the former chairman of the Fe...
- Aguilar Says Normal Correction Behind Stock Drop (Audio)May 17 (Bloomberg) -- Omar Aguilar, chief investment officer of equities and multi-asset strategies at Charles Schwab Investment Management Inc., says the decline in stock prices represen...
- Jeffrey Says Mobile Phones Targeting Emerging Markets (Audio)May 17 (Bloomberg) -- Stuart Jeffrey, a New York-based analyst at Nomura Securities International, says manufacturers of "sub $150" mobile phones are making "compelling products" for emer...
- Morgan Stanley’s Sharma Selective on Emerging Markets (Audio)May 17 (Bloomberg) -- Ruchir Sharma, head of emerging markets at Morgan Stanley and author of the book, "Breakout Nations," says the economies of many emerging markets are "not self susta...
- First Trust’s Wesbury Says U.S. Does Not Need QE3 (Audio)May 17 (Bloomberg) -- Brian Wesbury, chief economist at First Trust Portfolios LP in Wheaton, Illinois, says the U.S. economy does not require a third round of quatitative easing by the F...
BusinessWeek
- Assessing the Odds of a Greek Euro ExitDespite intensifying drama, Greece could still end up sticking with the euro
- Hugo Chávez's Enemy No. 1For the first time, Venezuela's president has a real rival. And as Henrique Capriles grows more popular, the tension—and danger—mount
- How Mark Zuckerberg Hacked the ValleyOn the eve of Facebook's IPO, a look at the daring decisions that took the social network's price tag from $1 billion to about 100 times as much
- There's No Gentle Way for Greece to Exit the EuroThe man responsible for ditching Argentina's convertibility law has some advice for Greece
- In China, Economics Is PoliticsThe ruling elite thrived as long as it delivered growth. Now the growth is in question
Forbes.com
- Kleiner Perkins Closes $525 Million New FundVenture capital firm Kleiner Perkins Caufield & Byers has closed $525 million for its fifteenth early stage fund to invest in technology, clean tech and life sciences companies.
- Locals Shorting India Stock MarketIndian traders shorting the local stock index as Asian equities suffer from the Western Civ blues.
- Dollar Wary China Soon To Be World's Top Gold BuyerChina drives up gold demand, followed by ETFs like State Street's SPDR Gold.
- Frontier Market Realities: Riotous, Risky And Richly RewardingThe following is an excerpt from ?Breakout Nations: In Pursuit of the Next Economic Miracles? (Norton 2012) by Ruchir Sharma. Developing nations that can?t make the grade as emerging mark...
- China Shares Collapsing As Hang Seng Breaks Support AgainThere goes Asia...
Financial Times (US)
- Facebook prices shares at $38 eachFacebook will vault into the ranks of top 25 most valuable public companies in the US after pricing its offering at the top of the range
- ‘FB’ trading likely to be volatileSome experts predict that the strong initial pricing of the social networking group’s shares will tamp down their first day “pop”
- Investors bet on Facebook as gatekeeperAOL and Yahoo both once vied for the role of acting as the first stop online for accessing information and communicating with friends and family
- Spain moves to calm bank fearsMoody’s conducts downgrade of country’s lenders as the government in Cyprus said it would underwrite a €1.8bn capital raising by Popular Bank of Cyprus
- Two tiers, one crisis for Spanish banksDespite the markets now drawing a clear distinction between the country’s strong Big Three and other weaker lenders, risks remain for all
CNBC
- Ex-ECB Chief Trichet Unveils Bold Plan to Save EuroEx-ECB Chief Trichet Unveils Bold Plan to Save EuroEurope could strengthen its monetary union by giving European politicians the power to declare a sovereign state bankrupt and take over its fiscal policy, Jean-Claude Trichet said in a bo...
- Greek Contagion Fears Rise as Facebook Sets to TradeGreek Contagion Fears Rise as Facebook Sets to Trade
- Spanish Banks Downgraded as Borrowing Costs SoarSpanish Banks Downgraded as Borrowing Costs Soar
- More Turmoil to Come, Buy Real Assets: Jim RogersMore Turmoil to Come, Buy Real Assets: Jim Rogers
- How Greek Economic Woes Could Help US ConsumersHow Greek Economic Woes Could Help US Consumers
MarketWatch
- Asia Stocks to Watch: Japan’s ‘Aspen’ seen as bet on weaker yenAs the humid summer heat descends on Hong Kong and Tokyo, traders in these financial capitals are turning to the mountainside getaways of Japan’s Hokkaido island, not just as a vacation s...
- Caixin Online: Exodus continues near China’s Three Gorges DamAnother 110,000 people are expected to join the 1.1 million who have moved from the reservoir’s danger zone, Caixin Online reports.
- Caixin Online: Only reforms can revive China’s growth: Andy XieWeak external demand means the key to improving China’s economy lies in cutting taxes, addressing the imbalance between investment and consumption, and finally dealing with corruption, An...
- Asia Markets: Asia stocks tumble as Spain joins list of fearsAsian stock investors dump shares as fresh concerns about the health of Spanish banks add to existing worries about capital flight from Greek lenders.
- IPO Report: Facebook launches biggest tech IPO on recordSocial network giant pulls trigger on long-awaited IPO, pricing its shares at $38 in a $16 billion deal — the largest debut ever for a technology firm.
FOX Business
- Dublin High Court Finds Against Hutchison Challenge On Eircom Bid - SourcesHutchison Whampoa Ltd. (0013.HK), the ports-to-telecom operator owned by Hong Kong billionaire Li Ka-shing, has lost a motion in an Irish court to have its EUR2 billion bid for troubled I...
- Malaysia's Starhill REIT In Talks To Buy 3 Hotels -SourceMalaysia's Starhill Real Estate Investment Trust (5109.KU) has entered exclusive talks to purchase three Marriott Hotels from Colonial First State's Commonwealth Property Hotel Fund, a pe...
- Dublin High Court Finds Against Hutchison Challenge On Eircom - SourcesHutchison Whampoa Ltd. (0013.HK), the ports-to-telecom operator owned by Hong Kong billionaire Li Ka-shing, has lost a motion in an Irish court to have its EUR2 billlion bid for troubled ...
- HSBC CEO Raises Prospect Of Selling UK Retail Operations -ReportHSBC Holdings PLC (HBC) has raised the prospect of selling its British retail banking operation if new regulations prove too demanding, The Times in the U.K. reported Friday.
- South Australia Confident On BHP Olympic Dam -ReportThe premier of South Australia state is confident the US$30 billion expansion of BHP Billiton Ltd.'s (BHP) Olympic Dam mine will go ahead despite the mining company's pledge to reassess i...
The Economist
- The rise of the dinosaurs: Pardon!A geological burp may have led to the dinosaurs’ domination THE dinosaurs, famously, went out with a bang. Some 65.5m years ago, at the end of the Cretaceous period, the Earth coll...
- KAL's cartoon
- Working-age populationDemography may not quite be destiny, but it makes a big difference to countries’ economic prospects. Many emerging economies are in the sweet spot of a demographic transition, wher...
- The Economist commodity-price index
- Output, prices and jobs
TIME
- How an Election Further Splintered Syria's OppositionThe leadership of the Syrian National Council was supposed to rotate. But the top job has been in the hands of the same man three times now
- U.S. Insists Its Anti-Drug Agents Did Not Fire on Innocent Hondurans*
- Donna Summer, 1948-2012: Remembering Disco's QueenDonna Summer, the R&B songstress known for her far-ranging voice and late-'70s dance-floor ballads, died on May 17 at age 63 from complications of cancer
- Cover Story: Bibi's Choice -- Will He Make War? Can He Make Peace?As a soldier, he understands the dark history that lies behind the creation of Israel. The question is whether he is a prisoner of that history or can write a new narrative.
- How Natural Resources Can Save AfricaThe rock star and activist explains why Africa could be this century's success story
Newsweek
- Spider-Man 2.0Rebranding the webslinger for 2012.
- Brothers In ArmsMeet the family leading Russia’s opposition.
- Tina Brown: Captains CourageousWe the people want our leaders to lead.
- The Body Bomb MenaceForget underpants. Al Qaeda’s diabolical new plan.
- The City: Los AngelesLaila Lalami discovers a metropolis at once foreign and familiar.
U.S. News
- U.S. Aid For Israeli Missile Shield Not A Game ChangerThe $70 million in U.S. funds might sway some in Israel about an unilateral Iran strike, "but not Bibi."
- Should Obama Make His Keystone XL Decision After the Election?President Obama's in a tough spot when it comes to the Keystone XL Pipeline decision.
- Grab an Umbrella: House GOP Blasts Obama on WeatherThe weather forecast is looking increasingly ugly as the election gets closer.
- Obama Guns for Veteran VotersObama hopes to wrestle veteran vote away from Romney, GOP.
- Michigan Boy Finds Finger in Arby's SandwichJACKSON, Mich. (AP) — A Michigan teen finishing off an Arby's roast beef sandwich chomped down on something tough that tasted like rubber, so he spit it out.
Christian Science Monitor
- House reauthorizes Afghan conflict in bipartisan voteThey rejected an amendment that would have required troops to be swiftly withdrawn.
- John Edwards trial: Prosecution, defense deliver closing argumentsJurors are now deliberating to decide whether or not Edwards is guilty of diverting campaign funds to his mistress.
- Greek parliament sworn in and dissolved as caretakers take overThe parliament couldn't form a government; a 16-member caretaker cabinet will guide the country to new elections next month.
- As IPO nears, millions of users still opt out of FacebookEven though many avoid the service, the 900 million users it does have are a key part of its value.
- Romney moves swiftly to rule out anti-Wright adA Republican super PAC had floated the idea of airing attack ads targeting President Obama for his association with controversial pastor Jeremiah Wright, but the Romney campaign firmly r...
ESPN
- 5-on-5: How good are the Spurs?Are the Spurs the best team in the NBA? Who's responsible for their success?
- Pacers throttle Heat to take 2-1 series leadRoy Hibbert had 19 points and 18 rebounds, George Hill scored 20 and Danny Granger 17 as the Indiana Pacers throttled the Heat 94-75 on Thursday night in Game 3 of the Eastern Conference...
- Saints' Vilma files defamation suit vs. GoodellSuspended Saints linebacker Jonathan Vilma has filed a defamation lawsuit against NFL commissioner Roger Goodell.
- Lakers guard Blake, wife threatened on TwitterLos Angeles Lakers guard Steve Blake was the unsung hero of his team's first round series victory over the Denver Nuggets, pumping in 19 points in Game 7.
- McCoy agrees to 5-year extension with EaglesThe Philadelphia Eagles on Thursday agreed to terms with running back LeSean McCoy on a five-year contract extension that runs through 2017.
CBS Sports
- Wade does Heat no favors with bad act, terrible gameTime to blame LeBron for Miami's latest loss, right? Not this time. Gregg Doyel says Dwyane Wade singlehandedly loses Game 3 for the reeling Heat, while also finding plenty of ways to tar...
- Vilma's lawsuit against Goodell underscores Saints' arroganceAfter being suspended for the upcoming season for his role in Bountygate, Saints linebacker Jonathan Vilma has filed a lawsuit against Roger Goodell for defamation. Mike Freeman says it r...
- Spurs reward suspended Texas boy tickets to playoff gameA 12-year-old Texas boy who was suspended from school after shaving his head to resemble the face of Spurs forward Matt Bonner scored tickets to a playoff game and props from his favorite...
- Braves' Beachy stops Marlins, earns first shutoutBrandon Beachy improved his major-league best ERA with a couple of career milestones and the Atlanta Braves beat the Miami Marlins 7-0 on Thursday night.
- Receiver Rod Smith elected to Broncos' Ring of FameFormer Denver Broncos wide receiver Rod Smith entered the league as an undrafted rookie and now his name is about to go up in lights after being elected into the team's Ring of Fame on Th...
FOX Sports
- Mini tour pro sets record with 55Little-known pro shoots 16-under 55 to set world record.
- Kings take 3-0 series lead vs. CoyotesKings take commanding 3-0 series lead over Coyotes.
- Pettersen loses in first roundDefending champion Suzann Pettersen didn't last long at the Sybase Match Play Championship, and neither did three well-known Americans.
- Baffert says Bodemeister ready for Preakness
- Erik Spoelstra explains D-Wade's sideline explosion
The Daily Beast
- Dimon Will Testify Before CongressAmid calls that JPMorgan should be broken up.
- NYC Condo Sold for Record $90MAnonymous buyer purchases in planned building.
- Edwards Awaits His FateClosing arguments in the John Edwards trial have ended--now, the fate of the former U.S. senator rests in the hands of 12 men and women.
- Under the RadarMay have traded weapons with Syria and Myanmar.
- Closing Arguments, But the Saga’s Not OverThe verdict watch begins! Closing arguments ended at John Edwards’s trial and Newsweek & The Daily Beast’s Diane Dimond reports that the arguments waged by the defense and prosecution cou...
Yahoo! News
- Former editor says Murdoch sowed seeds of hacking scandalLONDON (Reuters) - Rupert Murdoch sowed the seeds of the phone hacking scandal that has tarnished his reputation by forcing Britain's most respected newspapers into "a Faustian bargain" ...
- US Navy destroyers steal the show in 'Battleship'US Navy sailors tend to be overlooked when it comes to Hollywood blockbusters, but the new action movie "Battleship" features American destroyers and their crews in the starring role, wa...
- Pacers pound Heat 94-75 in Game 3LeBron James grabbed a seat on Miami's bench, lowered his head and stared down at the floor.
- Wayne Newton sued over Las Vegas home museum plansPlans to turn Wayne Newton's sprawling Las Vegas estate into a celebrity museum have shifted into an ugly legal battle citing mismanagement, animal abuse and sexual harassment.
- Asia stock markets sink on US, Europe worriesAsian stocks dived Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country euro currency union.
The Huffington Post
- House Endorses Continued War In Afghanistan Despite Calls To Withdraw Troops, End ConflictWASHINGTON -- The House endorsed the continued war in Afghanistan on Thursday despite acknowledgment from Republicans and Democrats that the American people are war-weary after more than...
- Inside JPMorgan's BlunderJ.P. Morgan Chase JPM -4.31% & Co. Chairman and Chief Executive Officer James Dimon had just committed the most expensive blunder of his 30-year career, failing to detect the risk of tra...
- Carl Safina: Water Enough for All?The Green Revolution was accomplished largely by doubling the amount of irrigated land. Hundreds of millions of wells now reach into the earth like straws in a thick drink on a hot day. B...
- Paul Krugman: The Euro Can Still Be Saved -- If European Leaders Make Major Changes NowSuddenly, it has become easy to see how the euro — that grand, flawed experiment in monetary union without political union — could come apart at the seams. We’re not talking about a dist...
- Dwyane Wade, Erik Spoelstra Argue During Heat-Pacers Game 3 (VIDEO)Amidst a terrible 2-for-13 shooting performance , Dwyane Wade unleashed some frustration during Game 3 against the Pacers on Thursday night. But it wasn't the Pacers who he took his ange...
Politico.com
- Rush is on for TV timeNational party committees have already reserved more than $72 million in television airtime.
- Right infighting over health careConservatives blast House GOP leadership on a Google email group called The Repeal Coalition.
- Race issue flares in campaignA secret plan proposes attacks on Obama's character and connections to Jeremiah Wright.
- Ricketts disavows namesake planThe denial is released on his behalf.
- Romney's Clinton strategyHe's taken to lavishing praise at every turn.
The Raw Story
- Mexican drug war erupts: At least 30 die in separate incidentsAt least 30 people died in a staggering surge in drug-related violent crime in Mexico rocking the cities of Monterrey and Guadalajara, and the northern state of Chihuahua, police said Sat...
- White House reiterates demand that Iran allow protestsA senior White House official on Saturday criticized Iran's refusal to let opponents of the regime hold a rally in support of Arab uprisings. "By announcing that they will not allow oppos...
- Ron Paul wins CPAC presidential straw pollSpeaking to conservatives, Paul warns US government 'in the process of failing' For the second year running, Texas congressman Ron Paul came out on top among conservative Republicans in a...
- FBI can obtain phone records without oversight, Justice Dept memo claimsWithout court oversight, the nation's top law enforcement agency can obtain domestic records of telephone conversations made to international receivers, the Justice Department claimed rec...
- American’s imprisonment delayed US-Afghan-Pakistan meetingWASHINGTON – A scheduled high-level meeting among U.S., Afghan and Pakistani officials this month has been postponed, the State Department said on Saturday amid a deepening diplomatic rif...
