Facebook's stock has fallen more than 25 percent since the company went public less than a month ago. What was hyped as the biggest technology IPO in history has quickly become a black eye for both Wall Street banks and Facebook itself.
But that does not necessarily mean that the company will move quickly to appease investors, as NPR's Steve Henn explains.
STEVE HENN, BYLINE: Nelly Sia-Palm(ph) bought $1,000 dollars in Facebook stock on its very first day of trading.
Republican Gov. Scott Walker faces Milwaukee Mayor Tom Barrett in a recall election Tuesday that has attracted a lot of outside money. The attempt to remove Walker came after he successfully pushed to limit collective bargaining rights for public sector unions.
And our last word in business this morning is: Jubilation.
Hundreds of thousands of Britons gathered outside Buckingham Palace last night for the Diamond Jubilee concert, celebrating the queen's 60-year reign. The evening offered a break from Britain's bad economic news and another opportunity to rebrand positively the Royal Family.
Hollywood studios are dealing with big budget flops and the release of G.I. Joe: Retaliation has been postponed until March. Kim Masters, host of The Business, and editor at large for The Hollywood Reporter, talks to Renee Montagne about the summer woes at movie studios.
Imagine how tough life would be if raindrops weighed 3 tons apiece as they fell out of the sky at 20 mph. That's how raindrops look to a mosquito, yet a raindrop weighing 50 times more than one can hit the insect and the mosquito will survive.
Put yourself in a mosquito's shoes — or rain boots — for a moment and step outside into a downpour of seemingly gigantic raindrops.
Over the last two months, NPR's Morning Edition has been following three families who make up the growing number of multigenerational households in this country. All became multigenerational unexpectedly, when elderly relatives could no longer live independently and the families took them in.
Over the next couple weeks, NPR Morning Edition host Steve Inskeep is taking a Revolutionary Road Trip across North Africa to see how the countries that staged revolutions last year are remaking themselves as they write new social rules, rebuild their economies and establish new political systems. Steve and his team will be traveling some 2,000 miles from Tunisia's ancient city of Carthage, across the deserts of Libya and on to Egypt's megacity of Cairo. In this story, he looks at the changing role of women in the new Tunisia.
Congressional incumbents typically have a big advantage come election time. But the second-most senior member of the U.S. House — Rep. John Conyers, D-Mich. — faces a newly redrawn congressional district and the toughest re-election campaign of his political career.
Originally published on Thu February 7, 2013 11:11 am
A rare astronomical event will take place Tuesday evening: The planet Venus will pass between Earth and the sun, appearing as a small black dot moving across the sun's bright disk. It's known as the transit of Venus, and it won't happen again for more than 100 years.
Next week, North Dakota voters will decide whether to add an amendment to the state's constitution that supporters say will guarantee religious freedom. But the ballot measure has prompted debate over precisely what it safeguards; opponents argue that it's a solution in search of a problem and worry about its consequences.
It's not just our politicians who are divided. According to a new report (pdf) from the Pew Research Center for the People & the Press, Americans' values and "basic beliefs are more polarized along partisan lines than at any point in the past 25 years."
With many conservatives already suspecting that he is a conservative of convenience, Mitt Romney apparently hasn't done himself any favors in their eyes with the man he chose to lead his presidential transition.
Politico broke the story Sunday that Romney has chosen Michael Leavitt to oversee the creation of an executive branch in waiting.
The sun is setting, gay pride flags wave next to the water, same-sex couples kiss and cuddle on the beach. This is Tel Aviv — which the government of Israel is now pushing as one of the most gay-friendly cities in the world — and gay tourism is booming.
"It's a place you have to go, good parties, nice people, beautiful people and just different from all the other tourist destinations you can go to," says Jorg Grosskopf, a German tourist who, together with his partner, Peter, is on his seventh vacation in Israel.
Chances are, you're a liar. Maybe not a big liar — but a liar nonetheless. That's the finding of Dan Ariely, a professor of psychology and behavioral economics at Duke University. He's run experiments with some 30,000 people and found that very few people lie a lot, but almost everyone lies a little.
For much of the past decade, music video games like Rock Band and Guitar Hero have let millions of aspiring rockers live out their dreams of stardom, waving fake instruments and mimicking their favorite music icons. Jamin Warren, founder of killscreendaily.com, says iPhones and iPads have inspired game designers to re-imagine the music game.
Oscar-nominated actor Glenn Close is known for her roles in movies like Fatal Attraction and Air Force One and now the hit TV show Damages. But she's also playing a more prominent role raising awareness about mental illness.
She was inspired by her sister Jessie Close, who lives with bipolar disorder, as well as her nephew Calen Pick, who has schizo-affective disorder.
Syrian rebels said they are no longer holding their fire. Reuters reports that the rebels are walking away from the United-Nations-backed truce with the regime of Bashar Assad.
"We have decided to end our commitment to this (ceasefire)," Free Syrian Army spokesman Major Sami al-Kurdi told Reuters. "We have resumed our attacks but we are doing defensive attacks which means we are only attacking checkpoints in the cities."
For generations, owning a home has been a key part of the lifestyle most Americans aspire to. But when the mortgage crisis exploded in 2007, it brought down the U.S. housing market — and the entire economy along with it.
The ensuing recession was an assault on the American dream of homeownership itself. The tidal wave of foreclosures, the crash in home prices and tighter lending standards have left some Americans unable or simply too nervous to buy a house.
Early synthesizers were supposed to imitate or re-create other existing sounds, but as anyone can tell you, they mostly sounded like synthesizers. That distinctive whine and wheeze captivated all manner of pop artists, from prog-rockers to classical composers to soul musicians. However, back then, synthesizers were so expensive and bulky, you needed a major-label budget and an entire studio wall to install them.
When voters go to the polls in California's primary on Tuesday, instead of only being able to vote for candidates in their own party, they will be able to vote for anyone they please.
Tuesday will be the first statewide test of California's new open primary system, where the top two candidates move on to the general election, regardless of party. Backers hope this system will favor moderates.
In California, there aren't very many purple areas. The state has strongly Democratic regions and strongly Republican regions — and the Democrats dominate.