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Facebook debut is modest, high volumes cause problems5/18/2012 10:13 AM

In this image provided by Facebook, Facebook founder, Chairman and CEO Mark Zuckerberg, center, rings the opening bell of the Nasdaq stock market, Friday, May 18, 2012, from Facebook headquarters in Menlo Park, Calif. The social media company priced its IPO on Thursday at $38 per share, and beginning Friday regular investors will have a chance to buy shares. (AP Photo/Nasdaq via Facebook, Zef Nikolla)Facebook Inc shares fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18 percent to trade close to their initial public offering price.


Advice to would-be Romney running mates: Run for the hills5/18/2012 9:17 AM

FILE - In this May 11, 2012, file photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during a campaign stop at Charlotte Pipe and Foundry Company in Charlotte, N.C. The early border skirmishes of Campaign 2012 are reviving questions about one candidate's former pastor and shining a spotlight on the other's high school hijinks. Can a fresh round of questions about President Barack Obama's birth certificate be far behind? (AP Photo/Jae C. Hong, File)Nothing is easier to mock in politics right now than the apparent reluctance of leading Republicans to sign on as Mitt Romney’s second banana. A few weeks ago, Jon Stewart summarized the way that Rob Portman was plugging his Senate colleague Marco Rubio, who in turn was passing the baton to Jeb Bush, with the line, “Doesn’t anyone want the rock in crunch time?”


Obama, France’s Hollande hunt for Afghanistan compromise5/18/2012 1:42 PM

President Barack Obama meets with French President Francois Hollande, Friday, May 18, 2012, in the Oval Office of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)Visiting French President François Hollande told President Barack Obama on Friday that France's combat troops would leave Afghanistan by year's end and pledged to find a way "for our allies to pursue their mission" in talks at a looming NATO summit. The two leaders also bonded over jokes about fast-food, a move that recalled ugly [...]


John Edwards facing toughest vote of his life5/18/2012 10:27 AM

John Edwards Facing Toughest Vote of LifeJohn Edwards is facing the biggest vote of his life as the case against the former president candidate was given to the North Carolina jury this morning.


Coulda, woulda, shoulda: Other big tech debuts5/18/2012 10:30 AM

A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown ShanghaiThis is a good time to compare the giant social network with some of the other well-known tech outfits of the modern day, such as Google (GOOG), Microsoft (MSFT) and Apple (AAPL).


Romney’s VP vetting process has begun5/18/2012 9:39 AM

Mitt Romney Has a John Kerry MomentMitt Romney's campaign has begun the vetting process to find a suitable running mate, a source close to the campaign told The Hill's Alexander Bolton: The team for Beth Myers, the Romney adviser leading the search for the GOP's vice presidential nominee, has already contacted potential running mates.


Joe Ricketts gave to every GOP candidate, even Gary Johnson5/18/2012 10:56 AM

FILE - In this Feb. 16, 2005 file photo, Ameritrade chairman and founder Joe Ricketts talks to shareholders in Omaha, Neb. Republican presidential hopeful Mitt Romney sought to distance himself Thursday from a GOP-leaning independent group's plan for a $10 million TV ad campaign renewing attention to President Barack Obama's ties to his controversial former pastor. Obama's campaign accused Romney of failing to show Billionaire political donor Joe Ricketts clearly has President Barack Obama in his line of fire this election season, as we learned this week. But when it comes to Ricketts writing checks, apparently all Republicans--and even some libertarians--are welcome.


Michael J. Fox looks past stem cells for Parkinson's cure5/18/2012 5:57 AM

Michael J. FoxMichael J. Fox now believes the controversial therapy may not ultimately yield a cure for his disease, he told ABC’s Diane Sawyer in an exclusive interview.


Edwards' downward spiral fueled by ambition, narcissism5/18/2012 7:31 AM

Former presidential candidate and Sen. John Edwards arrives at a federal courthouse in Greensboro, N.C., Thursday, May 17, 2012. Edwards has pleaded not guilty to six counts related to campaign finance violations over nearly $1 million from two wealthy donors used to help hide the Democrat's pregnant mistress as he sought the White House in 2008. (AP Photo/Gerry Broome)In 2001, when I was a political/metro columnist for The Charlotte Observer, I had lunch with Sen. John Edwards at a Southern soul food restaurant on Tryon Street between the headquarters buildings of the twin banking colossi that defined this city.


Europe thinks the unthinkable on Greece5/18/2012 11:06 AM

Men withdraw money from an ATM in AthensBRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, while Berlin said it was prepared for all eventualities. German Finance Minister Wolfgang Schaeuble, one of Greece's harsher critics, said market turmoil fuelled by the euro zone debt crisis could last another year or two. "Regarding the crisis of confidence in the euro ... in 12 to 24 months we will see a calming of the financial markets," he said. ...



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