On its first day as a public company in May, Facebook's stock traded for more than $40 a share. On Thursday, investors could pick up a share for less than $20. Facebook has lost nearly half its value during its first few weeks on the Nasdaq. Institutional investors such as Fidelity are selling their stake. Facebook executives are now desperate to change the conversation about the company.
The sizzle seems to be gone from America's long-term relationship with the potato. Consumers are eating fewer of them, especially the kind that's not fried in a vat of hot oil. But what if a new and different potato arrived in town? A stylish one, with colorful flesh that was good for you, too?
Originally published on Fri August 3, 2012 8:49 am
A landmark federal law used to block the adoption of state voter identification cards and other election rules now faces unprecedented legal challenges.
A record five federal lawsuits filed this year challenge the constitutionality of a key provision in the Voting Rights Act. The 1965 statute prevents many state and local governments from enacting new voter ID requirements, redistricting plans and similar proposals on grounds that the changes would disenfranchise minorities.
It was a controversial hearing to begin with. This morning, a House subcommittee was looking into a bill that would make English the official language of the United States and require that government functions like naturalization ceremonies be conducted in English.
Democratic Rep. John Conyers of Michigan was not a fan, so he decided to deliver his opening statement in Spanish.
First he thanked the chairman, then he proceeded to assail the measure.
Writer Caitlin Moran believes most women who don't want to be called feminists don't really understand what feminism is. In her book How to Be a Woman, Moran poses these questions to women who are hesitant to identify as feminists:
What part of liberation for women is not for you? Is it the freedom to vote? The right not to be owned by the man that you marry? The campaign for equal pay? Vogue by Madonna? Jeans? Did all that stuff just get on your nerves?