Editorial
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Facebook prices at top of range in landmark IPO
Facebook Inc priced its initial public offering at $38 a share, giving the world's No. 1 online social network a $104 billion valuation in the third largest offering in U.S. history.
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Romney rejects Obama-Wright attacks, despite doing so in the past
Mitt Romney continued to distance his campaign from a conservative super PAC's proposal to run ads linking President Barack Obama to his controversial former pastor, the Rev. Jeremiah Wright. Speaking to reporters in Jacksonville, Fla., where he campaigned on Thursday, Romney said he rejects any efforts to link Obama with Wright. "I want to make [...]
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Goodwill sorting through allegedly accidental $14,000 donation
A Goodwill Industries outlet in St. Louis received a very generous donation this week: $14,505 in cash. The only problem is it appears to have been unintentional rather than a literal act of goodwill. Store manager Tina Wells was sorting through a box of Christmas donations when she discovered the money, which included 266 $50 [...]
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Senate Banking Committee to ask Dimon to testify
WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday. Johnson did not say on what date the committee wants Dimon to appear but said it would be following a set of hearings that will conclude on June 6. The committee will hold hearings with regulators on May 22 and June 6 to discuss reforms required by the 2010 Dodd-Frank financial oversight law. ...
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John Edwards a 'bad husband,' not a criminal, lawyer argues
John Edwards was a bad husband who cheated on his wife while she died of cancer, but he never broke the law, his lawyer said in closing arguments today.
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Romney’s 'favorable' rating jumps 11 points since Feb.
Mitt Romney's public image appears to be rebounding. A new Gallup poll finds 50 percent of Americans polled have a "favorable" view of the presumptive Republican nominee—an 11-point jump since February. According to Gallup, that's the highest favorable rating the poll has recorded since they began tracking opinions about Romney in 2006. Romney's favorable rating [...]
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Fred ‘Demon Sheep’ Davis’: The man behind the Wright ads
The veteran Republican political consultant Fred Davis is considering an ad campaign that criticizes President Obama's ties to his former controversial pastor, the Rev. Jeremiah Wright, the New York Times reported Thursday.
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How to safely photograph Sunday's 'ring of fire' eclipse
On Sunday, May 20, the western half of the United States will be treated to a spectacular annular eclipse as the sun sets in the western sky.
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Hubbub over Elizabeth Warren's ancestry continues
The latest news fueling Massachusetts gossip mills comes from the Herald, which reports that Warren, a Democrat, contributed five recipes to a 1984 cookbook entitled "Pow Wow Chow," which was promoted as a collection of "special recipes passed down through the Five Tribes families."
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The conventions: A $36M taxpayer boondoggle for politicians
Tom Coburn has heard enough posturing about that $800,000 conference the Government Services Agency held in Las Vegas. He’s got a bigger target: The $36 million taxpayers will spend on the Democratic and Republican conventions this summer. The national party conventions have received public financing...
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Stuck on you
Pakistan and the United States are heading towards confrontation yet again, this time over nuclear arms. Reportedly, the US plans to launch an open mo
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Altafs call
In an emotional speech delivered from London to an audience gathered at Lal Qila Ground in Karachi, MQM Chief Altaf Hussain has asked the military to
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Deadly drinks
The rise in sales of bottled water is no surprise given the poor quality of tap water where it is available. Bottled water is a big business unfortu