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Friday, May 18, 2012

Morning Digest: Investors brace for Facebook debut on Wall Street

Reuters » Morning Digest
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05/18/2012
Reuters     Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the     politics in between
Investors brace for Facebook debut on Wall Street
(Reuters) - Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history..
G8 leaders look to head off euro zone crisis
WASHINGTON (Reuters) - Leaders of major industrial economies meet this weekend to try to tackle a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common currency..
Stock index futures point to modest rebound
U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 and the Dow Jones up 0.2 percent and Nasdaq futures up 0.3 percent at 4:41 a.m. EDT..
Sorkin says Jobs movie won't be straight biography
NEW YORK (Reuters) - Screenwriter Aaron Sorkin hasn't yet figured out how to put the life of Apple co-founder Steve Jobs on the silver screen, but he is certain it's not going to be a straightforward biography..
Pacers give Heat "butt-kicking", Spurs clip LA
(Reuters) - The Indiana Pacers, showing the poise and determination Miami was supposed to have, routed the cold shooting Heat 94-75 on Thursday to take a surprising 2-1 lead in their best-of-seven Eastern Conference semi-final series..
Iran threatens to sue Google over dropping Persian Gulf
DUBAI (Reuters) - Iran's Foreign Ministry threatened on Thursday to take legal action against Google for dropping the name Persian Gulf from its Google Maps and leaving the waterway between Iran and Arab states nameless, state television reported..
U.S., Russian crew blast off for space station
KOROLYOV, Russia (Reuters) - A Soyuz spaceship carrying two Russians and one American astronaut blasted off for the International Space Station (ISS) on Tuesday after more than a month's delay over a problem with the hull of the Russian-built capsule..
U.S. Supreme Court Justice Breyer robbed again
WASHINGTON (Reuters) - U.S. Supreme Court Justice Stephen Breyer, who was robbed in February at his Caribbean vacation home by a man armed with a machete, recently was the victim of a burglary at his residence in Washington, a court spokeswoman said on Thursday..
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