Topic: Massachusetts
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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John Cheever: 10 quotes on his birthday
On what would be his 100th birthday, here are 10 memorable quotes from John Cheever.
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From Willie Horton to windsurfing: Five top political attack ads
Political attacks ads: love 'em or hate 'em, but they’re here to stay, and this election year stands to be a watershed moment in their use. Here's a look at what are considered to be some of the most memorable and effective attack ads utilized over the years.
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Commencement season: Speakers share inspiration, insight, and advice with college grads
It’s college graduation season and the strains of “Pomp and Circumstance,” which began in late April, will be heard at commencement ceremonies until mid-June. Many more speeches have yet to be given that impart the usual pearls of wisdom and advice on pursuing dreams, being daring, and contributing to society. Here’s a sampling of excerpts from speeches given to graduates around the country.
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Briefing
Five things Ron Paul wants from the Republican National Convention
It looks as if Ron Paul is going to be an active participant in the Republican National Convention in Tampa this August. Here’s our take on the five things Paul hopes to gain from staying within his party’s tent in 2012.
All Content
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Why a federal court struck down the Defense of Marriage Act
The First Circuit wrote that the federal Defense of Marriage Act intruded on states' rights and that the act's defenders failed to justify its impact on gay couples. But the court acknowledged that 'only the Supreme Court can finally decide this unique case.'
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Team Obama takes attacks to Romney's home turf
Obama strategist David Axelrod shouted over protesters at the Massachusetts State House as he attacked Romney's record as governor. Romney countered at California's shuttered Solyndra plant.
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Appeals court strikes down DOMA: Tradition doesn't justify unequal treatment (+video)
A three-judge panel from the federal appeals court in Boston unanimously ruled the Defense of Marriage Act unconstitutional for denying federal benefits to 'same-sex couples lawfully married in Massachusetts.'
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Body armor for women: Pentagon is pushed to find something that fits
Body armor for US troops in Iraq was often of poor quality. Men could buy a better product online, but for women exposed to war's dangers, there was nothing that fit.
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Obama to Romney: congratulations on winning the nomination
President Obama called GOP nominee Mitt Romney on Wednesday to congratulate him for winning enough delegates to secure the Republican nomination.
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With nomination in hand, Romney turns focus on Obama
His win in Texas on Tuesday put him over the top in the delegate count, and now the entire GOP establishment is focused on November.
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In Gear
Your teen is ready to drive? Here's how to pick a driving school.
Nearly half of US states require driver education for teens under 18. In choosing a driving school, look for one accredited by the AAA.
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How climate change destroyed one of the world's largest civilizations
Located in present-day India and Pakistan, the Harappan civilization fell victim to shifting monsoon patterns, a new study has found.
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Decoder Wire
Mitt Romney has won the nomination. What next? (+video)
Mitt Romney's sweep of the Texas primary gave him 105 delegates, pushing him over the top for the nomination. His campaign now turns to the central theme of the campaign, economic competence.
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It's official: with Texas win, Romney is the nominee
The GOP candidate clinched the nomination with more than the 1144 delegates required to win the nomination.
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Decoder Wire
Mitt Romney's other Vegas meeting: why Sheldon Adelson trumps The Donald
The most important meeting for Mitt Romney Tuesday may not be with Donald Trump, but with billionaire Sheldon Adelson, who had previously backed Newt Gingrich.
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Change Agent
Coalition helps the Connecticut River become the first National Blueway
Between 40 and 50 local and state entities, both public and private, from four states will work together to preserve the 410-mile-long Connecticut River and its watershed.
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Economist Mom
A rift over the GOP's tax pledge?
Over the past generation, the GOP's pledge to introduce no new taxes has become the essential conservative credential. But some Republicans are refusing to sign.
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Consumer Energy Report
Energy development in the Arctic: the good and the bad
As Shell makes preparations to send offshore drilling rigs into the Beaufort and Chukchi Seas north of Alaska, it's important to walk through the history of energy exploration in the Arctic.
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What's an American Indian? Warren case stirs query
Native Americans have a high rate of intermarriage with other groups. Many are not identifiable by appearance, which has made it possible for almost anyone to assume a Native persona. That seems to have been the case with US Senate candidate Elizabeth Warren.
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Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
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John Cheever: 10 quotes on his birthday
On what would be his 100th birthday, here are 10 memorable quotes from John Cheever.
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Brown calls on Harvard to 'correct record' on Elizabeth Warren's heritage
Sen. Scott Brown wants to know why Harvard listed his rival, Elizabeth Warren, as a native American professor. The issue has not tipped the race yet, but it could, the Brown camp says.
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In Iowa, Obama on the offensive against Romney
He criticized the GOP nominee for distorting the truth and said he wasn't prepared to be President.
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From Willie Horton to windsurfing: Five top political attack ads
Political attacks ads: love 'em or hate 'em, but they’re here to stay, and this election year stands to be a watershed moment in their use. Here's a look at what are considered to be some of the most memorable and effective attack ads utilized over the years.
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Despite ancestry controversy, Elizabeth Warren tied with Sen. Scott Brown
The US Senate race in Massachusetts is among the closest in the battle over Senate control after the November elections. In a new poll, Elizabeth Warren has 47 percent of the vote and Scott Brown 48 percent.
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Obama fundraises hard as super-PACs boost Romney's cash
The President has so far enjoyed a large lead in the money race, but as the GOP field solidifies more cash in flowing into the Romney camp.
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Facebook stock: Once hot IPO now a tale of lawsuits, glitches, and overreach (+video)
Facebook stock is trading well below its initial offering price. The IPO is being viewed as a debacle for the firm and its investment backers, and the lawsuits have already begun.
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Mitt Romney's voucher-like education overhaul (+video)
Romney, who has been reluctant to stray far from the economic issues at the core of the presidential campaign, was outlining the proposal during a speech Wednesday at the US Chamber of Commerce.
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Commencement season: Speakers share inspiration, insight, and advice with college grads
It’s college graduation season and the strains of “Pomp and Circumstance,” which began in late April, will be heard at commencement ceremonies until mid-June. Many more speeches have yet to be given that impart the usual pearls of wisdom and advice on pursuing dreams, being daring, and contributing to society. Here’s a sampling of excerpts from speeches given to graduates around the country.
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