Facebook goes public
Facebook shares gained 18 percent before dropping to its IPO price in frenzied trading. The online social network raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history. Full Article | Full Coverage
G8 leaders look to head off euro zone crisis
WASHINGTON - Leaders of major industrial economies meet this weekend to try to tackle a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency. | Video
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Drugmakers weigh emergency plans for Greece
LONDON - International drugmakers are working with European authorities on emergency plans to keep medicines flowing into Greece and avert a health catastrophe if the country crashes out of the euro. Full Article
Dimon gets crisis marks but war isn't over
NEW YORK - Shooting from the hip may have got Jamie Dimon into deep trouble - shooting straight may help to get him out of it. Getting out in front of the news has made it more difficult for his critics to paint him as a banker-villain. Full Article
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Did White House "spin" tip a covert operation?
WASHINGTON - White House efforts to mitigate the fallout from a new "underwear bomb" plot emanating from Yemen may have inadvertently disclosed the secret at the heart of a joint U.S.-British-Saudi undercover counter-terrorism operation. Full Article
China cries foul after U.S. sets solar panel tariffs
The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of trade disputes between the world's two biggest economies and sparking accusations by Beijing of protectionism. Full Article
Banks' rising bad loans add to Spanish troubles
MADRID - Spanish bank bad loans have risen to their highest in 18 years, figures from the Bank of Spain showed on Friday, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track. Full Article
Palestinians see settlements thwarting state
JERUSALEM - All across the West Bank, sprawling new communities perched on hilltops that dominate the landscape are testament to a shifting political geography and a reminder of the winners and losers in a 64-year-old conflict. Full Article
And the winner is? Sitcoms, TV networks hope
The big four broadcast networks - CBS, ABC, NBC and Fox - are betting on sitcoms to win their share of an estimated $9.2 billion in upfront advertising money for the 2012-13 television season. Sixteen of the 36 new scripted shows were comedies. Full Article
Trading at Noon: Facebook Makes its Debut
May 18 - Facebook shares open 13 percent higher at $42.05, after the social network site raised as much as $18.4 billion in one of the biggest IPOs in U.S. history.
Latest Headlines
Equal rights and the U.S. economy
There is a powerful economic argument for equal rights. If you believe that talent isn’t determined by gender or race but is instead a roll of the genetic dice, then the most productive society will be the fair one. But is it? A draft paper by four economists makes the strong empirical case that it is. Full Article
Ending NATO's double standard
Outside the U.S. and Europe, there is a growing sense of a two-tiered system of international justice. The West puts others on trial for war crimes, the argument goes, while exempting its own forces from scrutiny. Full Article
How to resist Big Brother 2.0
As the Net becomes the basis for commerce, work, learning, and much human discourse, each of us is leaving a trail of digital crumbs as we spend a growing portion of our day touching networks. We have little idea what governments are doing with this flood of personal information. Commentary
Beppe Grillo: The anti-politics politician
For some three decades, this Italian comedian has satirized the corruption of Italian politics. Last week, he won the honor of being a part of the very thing he mocks. But whether he can sustain a movement that now has some purchase on power is a large question. Commentary
Candidate press relations are about as "sour" as usual
There is nothing new about presidents and presidential candidates having bad feelings for the press. Does nobody recall John McCain’s low regard for the New York Times coverage of his 2008 campaign? Or George W. Bush’s attitude toward the press? Commentary
Facebook’s passive-aggressive friendship
While Facebook is very successful, the question is: at what? It needs to be good as an advertising medium to be worth anything to the institutions falling all over themselves to get in on the ground floor of its stock. Full Article
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Cashing in without Facebook shares
Most people won't get shares of Facebook right away. But clever investors can still play the stock by buying companies which are expected to get a nice bump by the hyped-up IPO. Video | Full Coverage
House Republicans outraised Democrats in April
The Republican Party's fundraising arm working to elect its candidates to the House of Representatives raised $6.9 million in April, slightly more for the month than its Democratic counterpart. Full Article
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