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The Two-Way
2:40 pm
Thu May 17, 2012

Facebook Stock Priced at $38 A Share Ahead of Friday IPO

The Facebook thumb.
Paul Sakuma AP

Originally published on Fri May 18, 2012 4:55 am

When Facebook makes its initial public offering Friday on the NASDAQ, the stock will be priced at $38 per share, a price that's expected to bring in between $16 billion and $18.4 billion to the company. CNBC reports:

"[The price makes] it one of the most lucrative offerings the Street has ever seen. With that valuation taken into consideration, Facebook goes public with the highest valuation — in the $100 billion range — of any company on record at the time of its IPO."

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The Two-Way
2:25 pm
Thu May 17, 2012

Reports: Hewlett-Packard Plans To Announce About 25,000 Job Cuts

Originally published on Thu May 17, 2012 2:37 pm

Several news outlets are reporting that computer giant Hewlett-Packard will announce the elimination of 25,000 to 30,000 jobs. All Things D reports that the announcement will come from CEO Meg Whitman when the company announces its quarterly earnings next Wednesday.

All Things D reports:

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It's All Politics
2:20 pm
Thu May 17, 2012

N.C. Politicos Pan Proposed Rev. Wright, Anti-Obama Ad Idea

The Rev. Jeremiah Wright addresses the National Press Club in Washington in 2008.
Chip Somodevilla Getty Images

Originally published on Thu May 17, 2012 5:42 pm

Battleground states like North Carolina are where the action is when it comes to presidential contests. Thus, they are where political tactics like, say, the anti-Obama ad campaign featuring the Rev. Jeremiah Wright, first reported by The New York Times Thursday (and now disowned by virtually everyone the Times linked to it), are most likely to be rolled out.

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Afghanistan
2:17 pm
Thu May 17, 2012

An Afghan Shoots, A Marine Dies, Mistrust Grows

A Marine Corps team carries the remains of Marine Sgt. J.P. Huling, 25, of West Chester, Ohio, at Dover Air Force Base, Del., on May 9. Huling was killed three days earlier by an Afghan soldier in southern Afghanistan, one of a growing number of such shootings.
Cliff Owen AP

Originally published on Thu May 17, 2012 5:16 pm

Sgt. J.P. Huling, a Marine from Ohio, was killed this month in southern Afghanistan.

It wasn't a roadside bomb or a Taliban sniper that killed him. It was another sergeant — an Afghan soldier known as Sgt. Zabitollah, who like many Afghans went by one name.

It was a grim coincidence that brought these two sergeants together on May 6, a Sunday afternoon, at a mud-walled compound along a desolate stretch of road in a remote corner of Afghanistan.

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Opinion
2:05 pm
Thu May 17, 2012

Two Gray Titles, One Sexy Mix Up

iStockphoto

Originally published on Fri May 18, 2012 2:46 pm

Ruta Sepetys is the author of Between Shades of Gray.

"You are an erotic phenomenon."

That's what the stranger seated next to me on the plane whispered. We had exchanged the basic bios of airline chitchat, and he had inquired about the title of my recent book.

"Erotic phenomenon, oh no, that's not me," I quickly tried to explain.

"Well, OK, it's not really you. It's your character. That's what you tell people," grinned the stranger.

That's not what I tell people.

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