Facebook Inc. FB -10.99% shares skidded on their second day on the stock market to well below their offer price, leaving some investors who bought in the social network's public offering in the red and raising questions about whether the company and its lead banker, Morgan Stanley, MS -1.20% botched the deal.
The shares, which managed to stay a hair above $38 on their Friday debut with the help of Morgan Stanley, on Monday lost their footing, dropping to as low as $33 before closing down $4.20, or 11%, at $34.03. It wasn't clear what role if any Morgan Stanley was playing in the stock's trading on Monday.[MORE]
Forty-three Catholic organizations file lawsuits against HHS mandate
Forty-three Catholic dioceses and organizations across the country have announced religious liberty lawsuits against the federal government to challenge the Obama administration’s contraception mandate.
The announcement was applauded by Cardinal Timothy M. Dolan of New York, who called it “a compelling display of the unity of the Church in defense of religious liberty.”[MORE]
VP of Palo Alto's SAP Arrested in LEGO Bar Code Scam
An executive at a Palo Alto software giant was charged Monday with four felony counts of burglary, after authorities said he allegedly made his own bar code stickers, switched the tags, and then bought boxes of LEGOs at Target stores for huge discounts.
Thomas Langenbach, 47, who lists himself as the vice president at Palo Alto's SAP Labs Integration and Certification Center on his LinkedIn profile, is expected to be arraigned Tuesday in Santa Clara County Court.[MORE]
Inside the Beltway: Reagan conjuring up blood money
The bids are lofty for a vial that once held Ronald Reagan’s blood, now up for grabs at an online British auction house. At the moment, the leading bid is $5,081 for a 5-inch glass vial with “dried blood residue from President Reagan,” drawn from him at George Washington University Hospital after a 1981 assassination attempt by John Hinckley Jr.[MORE]
Restaurant Mistakenly Serves Daiquiris To Pair Of Four-Year-Old Patrons. Predictable Results Follow.
A pair of four-year-old boys were accidentally served daiquiris containing alcohol in a restaurant mishap that landed one child in a Florida hospital, police report.
According to a Clearwater Police Department report, the boys were eating lunch with their mothers last Sunday (Mother’s Day) when “two virgin strawberry daiquiri’s were ordered for their table.”[MORE]
Real life Inception: Two 'mad scientists' create sleep mask that lets people CONTROL their dreams
In a twist straight out of the movie Inception, a duo of developers from Brooklyn, New York, have built a sleeping mask designed to allow people to have lucid dreams that they can control.
While it may look like a standard sleeping mask, Remee has been billed as a special REM (Rapid Eye Movement) enhancing device that is supposed to help steer the sleeper into lucid dreaming by making the brain aware that it is dreaming.[MORE]
Penn Jillette Goes On Epic Obama Weed Tirade
In a recent episode of his podcast "Penn's Sunday School," comedian Penn Jillette laid his opinions on the Obama drug policies out on the table.
Jillette, who has never done drugs or drank alcohol in his life, expressed particular concern over the policies' broad-sweeping, all-inclusive nature. Namely, that people are going to prison because of marijuana use.[MORE]
San Francisco to rename street after Pelosi
San Francisco Mayor Ed Lee will rename a street after former-Speaker Nancy Pelosi today in Golden Gate Park.
"Middle Drive East" which connects Martin Luthjer King Jr. Drive and John F Kennedy Drive in San Francisco's Golden Gate Park will now be renamed in honor of Pelosi and her 25 years of service in Congress.[MORE]
Candidate: I'll smoke a joint on Hill
Andy Caffrey, a candidate for Congress in California, has made a rather unusual campaign promise: If he wins, he’ll smoke a joint — right on the steps of Capitol Hill.
The 54-year-old is running on a seven-step platform that prioritizes battling the climate crisis, but the casual manner in which puffs pot on the campaign trail — including twice just last week — is what has captivated local media covering the Second Congressional District House race. And Caffrey admits that this is precisely what he’s aiming for.[MORE]
Modesto police say a grandpa used his car as a weapon, jeopardizing his grand-son’s life, as he tried to rob a store.
It was complete shock for many people outside an Orchard Supply store in Modesto after police say an elderly man robbed the store with his 2-year-old grandson in his arms.[MORE]
World's smallest artificial heart implanted in Italian baby
Italian doctors in March implanted the smallest ever artificial heart into a 16-month-old baby before the infant received a permanent organ donation, said the hospital that performed the operation.
"In March, the smallest artificial heart in the world was implanted at the Bambino Gesu Hospital in Rome," Antonio Amodeo, a senior hospital official, said in a statement.[MORE]
McDonald's Vandalized: Onions on Burgers Send TN Men on McRampage
Two McDonald's patrons are under arrest after an allegedly "messed up" cheeseburger order led to a drunken rampage.
The men say they told grave-shift workers at a McDonald's in Murfreesboro, Tenn., to hold the onions on their cheeseburgers, Nashville's WTVF-TV reports. But when they discovered the offensive onions hiding under their buns, they went back to the drive-thru to demand satisfaction.[MORE]
Colombia Secret Service Prostitution Scandal Spreads to the DEA
A month after the Secret Service was rocked by allegations that agents brought prostitutes to a Colombia hotel where they were preparing for a visit by President Obama, the Drug Enforcement Administration today announced that at least three of its agents are also under investigation for allegedly hiring prostitutes in Cartagena.
Two of the agents allegedly had encounters with masseuses in the apartment of one of the agents, according to Sen. Susan Collins, the ranking member of the Senate Homeland Security and Governmental Affairs Committee.[MORE]
British man crushed to death lifting weights after drinking session
A British man was crushed to death while attempting to lift weights in his garage.
Chris Bailey, 28, decided to go for a workout Saturday after going out drinking with his landlord until 3:00am local time in Brighton, southeastern England, the Brighton Argus reported.[MORE]
China firm buys AMC to form world's largest cinema chain
China's Dalian Wanda Group and AMC Entertainment announced Monday a $2.6 billion deal to take over the U.S. theater group, forming the world's largest cinema chain, according to a new release on the deal.
The move is the latest in a raft of deals between U.S. entertainment companies and Chinese firms, linking the world's largest theater market with the world's fastest growing.[MORE]
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