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  • Tropical storm Isaac: Why are Florida orange juice prices falling? (+video)

    Tropical storm Isaac hit Puerto Rico Thursday and could be a Category 1 hurricane by Friday. Florida orange juice prices surged, but are now dropping as traders no longer fear a big hurricane.

  • Should Michael Dell resign? Dell continues PC sales slump.

    Dell CEO Michael Dell is struggling to defend the market share of  what was once the world's top PC maker against Asian rivals like Acer and Lenovo, not to mention Apple. Michael Dell intends to slash nearly $2 billion in costs over the next few years.

  • Stocks edge up: Apple hits record high; Facebook, record low

    Stocks on the S&P 500 index are close to a four-year high while a closely watched fear index briefly touches five-year low.

  • Oil prices hit three-month high. US eyes oil reserves.

    Oil prices jump to $96 a barrel, the highest level since May, on improved prospects for the economy. Obama administration says tapping strategic oil reserve is an option.

  • Verbal Energy Letters that simply intrude into our words

    The Monitor’s language columnist looks at the way some words gain sounds and others lose them to make them easier to pronounce.

  • Aurora shooter sought help for mental illness, says lawyer (+video)

    Defense lawyers for James Holmes, the former graduate student accused of murder in a Colorado movie theater shooting, say their client has a mental illness. Meanwhile, news organizations requested that files in the case be unsealed. 

  • Facebook's earnings disappoint investors, match predictions

    In its first earnings report as a publicly traded company, Facebook indicated its growth is slowing and profit margins are smaller than last year at this time. One analyst says, 'Facebook is no Google.'

  • Briefing Libor scandal: What is it and why you should care

    One bank caught trying to rig an interest rate may be tip of an iceberg. With an estimated $300 trillion in loans or derivative contracts around the world pegged to the interest rate, the scandal is again shaking faith in major international banking centers like Wall Street and London City.

  • LIBOR scandal: Will Feds target not just employees, but a whole bank?

    If a bank reporting its lending rates has given intentionally inaccurate numbers, that could be a crime, say experts. Prosecutors have been poring over documents related to LIBOR for two years.

  • 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.