The Two-Way
2:31 pm
Thu May 17, 2012

Facebook Stock Priced at $38 A Share Ahead of Friday IPO

The Facebook thumb.
Paul Sakuma AP

Originally published on Fri May 18, 2012 4:55 am

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."

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It's All Politics
2:29 pm
Thu May 17, 2012

N.C. Politicos Pan Proposed Rev. Wright, Anti-Obama Ad Idea

The Rev. Jeremiah Wright addresses the National Press Club in Washington in 2008.
Chip Somodevilla Getty Images

Originally published on Thu May 17, 2012 5:42 pm

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.

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The Two-Way
2:25 pm
Thu May 17, 2012

Reports: Hewlett-Packard Plans To Announce About 25,000 Job Cuts

Originally published on Thu May 17, 2012 2:37 pm

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.

All Things D reports:

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Afghanistan
2:17 pm
Thu May 17, 2012

An Afghan Shoots, A Marine Dies, Mistrust Grows

A Marine Corps team carries the remains of Marine Sgt. J.P. Huling, 25, of West Chester, Ohio, at Dover Air Force Base, Del., on May 9. Huling was killed three days earlier by an Afghan soldier in southern Afghanistan, one of a growing number of such shootings.
Cliff Owen AP

Originally published on Thu May 17, 2012 5:16 pm

Sgt. J.P. Huling, a Marine from Ohio, was killed this month in southern Afghanistan.

It wasn't a roadside bomb or a Taliban sniper that killed him. It was another sergeant — an Afghan soldier known as Sgt. Zabitollah, who like many Afghans went by one name.

It was a grim coincidence that brought these two sergeants together on May 6, a Sunday afternoon, at a mud-walled compound along a desolate stretch of road in a remote corner of Afghanistan.

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Opinion
2:05 pm
Thu May 17, 2012

Two Gray Titles, One Sexy Mix Up

iStockphoto

Originally published on Fri May 18, 2012 2:46 pm

Ruta Sepetys is the author of Between Shades of Gray.

"You are an erotic phenomenon."

That's what the stranger seated next to me on the plane whispered. We had exchanged the basic bios of airline chitchat, and he had inquired about the title of my recent book.

"Erotic phenomenon, oh no, that's not me," I quickly tried to explain.

"Well, OK, it's not really you. It's your character. That's what you tell people," grinned the stranger.

That's not what I tell people.

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The Two-Way
1:22 pm
Thu May 17, 2012

Head Of Syrian Opposition Group Says He Will Resign

The Syrian opposition is in disarray, the AP reports.

The head of the Syria's main opposition group, the Syrian National Council, said he would resign and some members of the group threatened to leave it "amid rampant infighting."

The AP reports:

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The Salt
1:21 pm
Thu May 17, 2012

The Secret Life Of California's World-Class Strawberries

Strawberry research fields in Watsonville, Calif.
courtesy California Strawberry Commission

Originally published on Thu May 17, 2012 5:16 pm

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.

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The Two-Way
1:09 pm
Thu May 17, 2012

Diplomat: U.S. Has Military Option Ready, If Needed, To Deal With Iran

Originally published on Sun May 20, 2012 6:43 am

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."

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Shots - Health Blog
12:58 pm
Thu May 17, 2012

For Athletes, Dealing With Pain May Be A Big Gain

If you run more, you may hurt less.
iStockphoto.com

Originally published on Thu May 17, 2012 4:19 pm

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.

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The Two-Way
11:37 am
Thu May 17, 2012

Senators Propose Barring Those Who Drop Citizenship From Reentering U.S.

Eduardo Saverin, co-founder of Facebook.
Jason Kempin Getty Images

Originally published on Thu May 17, 2012 2:39 pm

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.

As we reported yesterday, by some estimates Saverin may save $67 million in taxes by giving up his citizenship.

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