Many investors are expecting Facebook to file papers for an initial public offering sometime later this week. The company, which was founded in a Harvard dorm room less than a decade ago, is expected to be valued at nearly $100 billion by Wall Street.
And if these early reports are true this is shaping up to be the biggest Internet IPO ever.
Spanish judge Baltasar Garzon (center) arrives at the Supreme Court in Madrid, Spain, on Jan. 24. The crusading human-rights judge is on trial for his attempt to investigate the more than 100,000 disappearances during Spain's civil war in the 1930s and the subsequent dictatorship of Francisco Franco.
Credit Juan Medina / Reuters/Landov
Spanish judge Baltasar Garzon (center) arrives at the Supreme Court in Madrid, Spain, on Jan. 24. The crusading human-rights judge is on trial for his divisive attempt to investigate the more than 100,000 disappearances during Spain's civil war and the subsequent dictatorship of Francisco Franco.
Credit Juan Medina / Reuters/Landov
Garzon supporters gather during a demonstration outside the Supreme Court in Madrid, Jan. 24.
While talking with the media outside the Exciting Idlewild Baptist Church in Lutz, Fla., on Sunday, former House Speaker Newt Gingrich called for a commission to look at new rules for clinics that perform in vitro fertilization.
Republican presidential hopeful Newt Gingrich is changing another of his positions in an effort to woo socially conservative voters.
Over the weekend he told churchgoers in Florida that as president he'd work to ban research using stem cells derived from human embryos.
Gingrich has long been a strong backer of federal funding for scientific research. In 2001 his support extended to research on stem cells derived from human embryos left over from in vitro fertilization efforts.
If creatures from another planet are listening in on what our politicians and pundits have to say, they might think Democrats and Republicans are about as far apart politically as possible.
But there's new research that supports what many people already suspect: Most "real" Republicans and Democrats (that is, average Americans who have busy lives and aren't running for office or talking on TV), aren't that different when it comes to politics.
Originally published on Mon January 30, 2012 1:26 pm
With Mitt Romney poised to win the Florida Republican primary, and maybe by a significant margin if the latest polls are correct, it's worth asking: how did the former Massachusetts governor manage to stop Newt Gingrich's surge coming out of South Carolina?
Originally published on Mon January 30, 2012 1:56 pm
As reports come in about an escalation in fighting around Damascus and the deploying of army troops in the city's suburbs, the State Department just announced that Secretary of State Hillary Rodham Clinton will go to the United Nations on Tuesday to join other nations in condemning the Assad regime's use of violence.
Farmed salmon, that ubiquitous pink fish decorated with ribbons of fat, can thank the forage fish of the southern Pacific ocean – like anchovy and jack mackerel – for their calorie-rich diet. Indeed, more than 5 pounds of jack mackerel typically can go towards raising one pound of farmed salmon.
A report by NPR and ProPublica finds that Freddie Mac bet billions of dollars against homeowners' ability to refinance their mortgages. Public documents show Freddie Mac sought to make gains through complex securities which would make money for Freddie Mac, but homeowners with high-interest rate loans would not be able to qualify for refinancing. This is not illegal, but it does raise questions about a conflict of interest within a federally-owned company that is supposed to make getting a mortgage easier.