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.
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.
On Mount Everest, the climbing season is at its peak, and that means that if clear conditions hold, hundreds will attempt to scale the mountain this weekend alone. Suppose you wanted to climb the world's highest peak, Would it alter your decision if you knew that rescue was just a phone call and a helicopter ride away? Well, it turns out that helicopter rescues have been increasingly common in the mountains of Nepal. And that has raised lots of questions about risk-taking, not just for climbers, but for pilots, too.
After a primary season of claiming the toughest stance against illegal immigration, Mitt Romney is trying to mend fences with the Latino community on Wednesday with a speech at a business group in Washington, D.C.