When Facebook makes its initial public offering Friday on the NASDAQ, the stock will be priced at $38 per share, a price that's expected to bring in between $16 billion and $18.4 billion to the company. CNBC reports:
"[The price makes] it one of the most lucrative offerings the Street has ever seen. With that valuation taken into consideration, Facebook goes public with the highest valuation — in the $100 billion range — of any company on record at the time of its IPO."
Battleground states like North Carolina are where the action is when it comes to presidential contests. Thus, they are where political tactics like, say, the anti-Obama ad campaign featuring the Rev. Jeremiah Wright, first reported by The New York Times Thursday (and now disowned by virtually everyone the Times linked to it), are most likely to be rolled out.
Several news outlets are reporting that computer giant Hewlett-Packard will announce the elimination of 25,000 to 30,000 jobs. All Things D reports that the announcement will come from CEO Meg Whitman when the company announces its quarterly earnings next Wednesday.
May is the month we see strawberries explode in the market. There are strawberry festivals in every corner of the nation celebrating the juicy ruby beauties, and Strawberry Queens crowned galore. Those traditional harvest time festivals make us think our strawberries are mostly grown on the farm just down the road.
President Obama has said "I don't bluff," when it comes to opposing any effort by Iran to develop nuclear weapons (which that nation says it is not trying to do). And, he told The Atlantic's Jeffrey Goldberg in March, "all options are on the table."
Ever wonder why some people can run a 50-mile ultramarathon while for others even the thought of such endurance sports borders on torture?
Exceptional physical fitness, of course, sets the ultramarathoners apart from the rest of us. But scientists say what might be more important is athletes' excellent ability — both psychologically and physically — to cope with pain.
It turns out that most athletes' high tolerance for pain while exercising may also help them deal with it when they're at rest.
Facebook co-founder Eduardo Saverin, who renounced his U.S. citizenship, is now facing backlash from politicians: Two U.S. senators are proposing a plan that would prevent people like Saverin from reentering the country.