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Business
3:29 pm
Wed May 23, 2012

Investors Question Fairness Of Facebook IPO

Originally published on Wed May 23, 2012 4:22 pm

Shares of Facebook on Wednesday made up a little of the ground they've lost since the company's troubled stock offering last week. But the company and its lead underwriter, Morgan Stanley, still face a lot of legal problems.

Some of the investors who bought shares of the company filed a lawsuit alleging that the two companies concealed information about Facebook's expected performance.

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Shots - Health Blog
2:27 pm
Wed May 23, 2012

By Putting Patients First, Hospital Tries To Make Care More Personal

Originally published on Wed May 23, 2012 4:22 pm

No one likes to go to the hospital.

But some hospitals around the nation are trying to make their patients' stays a little less unpleasant.

They're members of an organization called Planetree, which was founded by a patient named Angelica Thieriot, who had a not-so-good hospital experience back in the 1970s.

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The Two-Way
2:19 pm
Wed May 23, 2012

Beijing Imposes 'Two-Fly' Rule For Public Restrooms

Credit Greg Baker / AP
A worker cleans a public bathroom in Beijing. New rules require that public restrooms in the Chinese capital have no more than two flies in them.

Officials in Beijing have ruled that public restrooms in the Chinese capital can have no more than two flies in them at one time, the BBC reports.

New rules issued Monday by the Beijing Municipal Commission of City Administration and Environment also regulate ads within the bathrooms and state that no more than two pieces of trash can be left uncollected for more than a half-hour.

The rules apply to bathrooms in tourist spots such as parks, railway stations, supermarkets and malls.

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The Two-Way
2:03 pm
Wed May 23, 2012

British TV Presenter: CNN's Piers Morgan Showed Me How To Hack

Credit Chris Pizzello / AP
CNN's Piers Morgan arrives at the inaugural BAFTA Brits to Watch 2011 event at the Belasco Theater in Los Angeles.

Originally published on Wed May 23, 2012 2:05 pm

CNN host Piers Morgan has been dragged into the U.K.'s hacking scandal once again.

This time, the host of the BBC's Newsnight told a media ethics inquiry that Morgan had showed him how to hack into a cell phone's voice mail.

SkyTV reports that Jeremy Paxman remembered a lunch from September 2002 for two reasons: First because Morgan seemed to imply that he had heard a conversation between another TV presenter Ulrika Jonsson and England football manager Sven-Goran Eriksson.

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Law
2:02 pm
Wed May 23, 2012

Ousted Secret Service Agents May Ask For Jobs Back

Originally published on Wed May 23, 2012 4:22 pm

Transcript

ROBERT SIEGEL, HOST:

The director of the Secret Service assured a Senate committee, today, that a prostitution scandal involving his agents never compromised security. Mark Sullivan also apologized for behavior he said was reckless. It was Sullivan's first public testimony since news broke last month of Secret Service employees picking up prostitutes before a presidential visit to Colombia. He insisted this was an isolated incident.

But NPR's Tamara Keith reports, some on the committee weren't buying it.

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Politics
1:59 pm
Wed May 23, 2012

Remember The Debt Ceiling Debate? It's Back

Credit Brendan Hoffman / Getty Images
House Speaker John Boehner, R-Ohio, speaks at the 2012 Fiscal Summit held by the Peter G. Peterson Foundation on May 15 in Washington, D.C.

Originally published on Wed May 23, 2012 4:22 pm

A storm is brewing in Washington that could darken political debate for months to come. It's about the debt, the deficit, taxes and spending — all hot topics lawmakers have been fighting about for years now.

This time, though, there's a deadline, and the consequences of inaction would be immediate. That has many in Washington saying: Here we go again.

In the past week, President Obama and House Speaker John Boehner have begun a new round of sparring over the U.S. debt ceiling.

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It's All Politics
1:56 pm
Wed May 23, 2012

Romney Pivots To Education Platform In Seeking Latino Votes

Credit Evan Vucci / AP
Mitt Romney speaks at the Latino Coalition annual economic summit Wednesday in Washington, D.C.

Originally published on Tue May 29, 2012 1:39 pm

Declaring that a "national emergency" exists in public education, presumptive Republican presidential nominee Mitt Romney shifted from his usual economic message to outline his education platform during a speech to a Latino business group Wednesday.

Romney pledged to provide federal funding for "every" child from low-income families, or those with special needs, to attend the public, public charter or, in some cases, private school of their parents' choice. The proposals are boilerplate Republican Party planks.

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National Security
1:42 pm
Wed May 23, 2012

A Peek Inside The CIA, As It Tries To Assess Iran

Originally published on Fri June 1, 2012 11:04 pm

The latest talks in Baghdad over Iran's nuclear program have prompted the usual arguments. Iran says it has only peaceful intentions. Israeli leaders scoff at that claim. Other world powers are unsure of Iran's intentions and demand that it take steps to show that it is not pursuing nuclear weapons.

The CIA and other U.S. intelligence agencies, meanwhile, are sticking with the assessment they made in November 2007, when they reported that Iran "halted its nuclear weapons program" in 2003 and apparently had not restarted it.

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The Two-Way
1:32 pm
Wed May 23, 2012

HP Will Cut 8 Percent Of Workforce Or 27,000 Jobs

Originally published on Wed May 23, 2012 1:49 pm

As part of what it calls "a multi-year restructuring," Hewlett-Packard announced it was cutting 27,000 jobs or 8 percent of its workforce.

HP said the cuts would happen over an extended period and should be done by the end of 2014.

"The restructuring is expected to generate annualized savings in the range of $3.0 to $3.5 billion exiting fiscal year 2014, of which the majority will be reinvested back into the company," the company said in a statement.

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Music Reviews
1:30 pm
Wed May 23, 2012

By This 'Beak And Claw,' A Trio Shall Synthesize

Credit Illustration by John Ciambriello
Left to right: Son Lux, Serengeti and Sufjan Stevens collaborate on a sometimes humorous but mostly beautiful EP.

Originally published on Wed May 23, 2012 7:55 pm

Sufjan Stevens is a classically trained singer-songwriter whose recent work has leaned symphonic. Son Lux is a classically trained beatmaker whose solo albums do indeed evoke luxury. Serengeti is a self-trained rapper who creates voices for a panoply of full-fledged characters who range from scufflers to yuppies. Billed as s / s / s, this ad hoc trio has just released an EP called Beak and Claw that somehow synthesizes their specialties.

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