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WASHINGTON (Reuters) - The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets. "I think there is a lot of reason to have confidence in our markets and in the integrity of how they operate, but there are issues that we need to look at specifically with respect to Facebook," Securities and Exchange Commission Chairman Mary Schapiro told reporters as she exited a Senate Banking Committee hearing. ... Publ.Date : 2012-05-22T20:29:03Z
The Legion of Christ religious order, already discredited for concealing the crimes of its pedophile founder, suffered another blow to its credibility Tuesday after its superior admitted he knew in 2005 that his most prominent priest had fathered a child, yet allowed him to keep teaching and preaching about morality. Publ.Date : 2012-05-22T20:25:36Z
Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing. Publ.Date : 2012-05-22T20:27:49Z
A French woman forced a transatlantic flight from Paris to North Carolina to be diverted to Maine on Tuesday by claiming that she had a "surgically implanted device," US lawmakers said. Publ.Date : 2012-05-22T21:18:23Z
A man suspected of fatally stabbing five men and wounding nine others in and around a Michigan city two summers ago was convicted Tuesday of first-degree murder in the first case to go to trial. Publ.Date : 2012-05-22T20:32:22Z
A man was in custody Tuesday on suspicion of murder and kidnapping after his DNA was found in the bag of a missing girl whose abduction was believed to be a random act of violence, authorities said. Publ.Date : 2012-05-22T20:34:24Z
(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ... Publ.Date : 2012-05-22T21:13:12Z
WASHINGTON (Reuters) - U.S. Ambassador to Afghanistan Ryan Crocker confirmed on Tuesday that he plans to step down this summer because of ill health, and sources said the highly regarded career diplomat was leaving at a time of his choosing and was not pushed out. Reuters reported on Monday that Crocker, a veteran diplomat who came out of retirement to take the demanding Kabul post, was expected to step down soon, leaving as Washington negotiates a host of challenges on its course out of the long, costly war. "Today, Ambassador Ryan Crocker confirmed to the Afghan Government, U.S. ... Publ.Date : 2012-05-22T20:39:10Z
Oil prices dropped near their lows for the year following warnings of a "severe recession" in Europe and an apparent easing of tensions over Iran's nuclear program. Publ.Date : 2012-05-22T20:23:55Z
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