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."
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.
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.
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.
We've heard from Alt. Latino co-host Felix Contreras in the past, but here we'll hear from the show's other half, Jasmine Garsd. Garsd was raised in Buenos Aires and connected with the Argentine rock scene in her teens. She moved to the U.S.
Zeus' music sounds as if it's being beamed straight out of the '70s, but a shared interest in making music that recalls The Band isn't what brought the Canadian group together. Most of Zeus' members were brought into Jason Collett's backing band, and from there decided to play together outside of their work with Collett.
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."