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.
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.
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.
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.