Shares of Facebook on Wednesday made up a little of the ground they've lost since the company's troubled stock offering last week. But the company and its lead underwriter, Morgan Stanley, still face a lot of legal problems.
Some of the investors who bought shares of the company filed a lawsuit alleging that the two companies concealed information about Facebook's expected performance.
As part of what it calls "a multi-year restructuring," Hewlett-Packard announced it was cutting 27,000 jobs or 8 percent of its workforce.
HP said the cuts would happen over an extended period and should be done by the end of 2014.
"The restructuring is expected to generate annualized savings in the range of $3.0 to $3.5 billion exiting fiscal year 2014, of which the majority will be reinvested back into the company," the company said in a statement.
Sufjan Stevens is a classically trained singer-songwriter whose recent work has leaned symphonic. Son Lux is a classically trained beatmaker whose solo albums do indeed evoke luxury. Serengeti is a self-trained rapper who creates voices for a panoply of full-fledged characters who range from scufflers to yuppies. Billed as s / s / s, this ad hoc trio has just released an EP called Beak and Claw that somehow synthesizes their specialties.
Richard Grenell, the former campaign staffer for Mitt Romney who resigned after some conservatives criticized the hiring of an openly gay adviser who favors same-sex marriage, said Wednesday that the issue should not determine how most Americans vote.
Filing your taxes may be a dreaded task. But eating healthy can be an even bigger struggle for many Americans.
According to the results of a new survey of more than 1,000 Americans, almost half of us think its harder to eat right than do our taxes. And genderwise, 55 percent of men say it's harder to figure out what you should be eating than it is to figure out how to do your own taxes. For women, it's slightly lower, at 48 percent. The survey comes from the folks at the International Food Information Council Foundation.
Joachim Cooder is no stranger to collaborations, nor is he new to scoring soundtracks, yet Cooder's newest project combines his past experiences in an unexpected way. Son of legendary guitarist Ry Cooder, he took to the drums early on, and eventually played in the famous documentary Buena Vista Social Club. He's also worked behind the scenes, writing for the soundtracks of films such as Lars and the Real Girl.
Poachers caught hunting tigers in India's Maharashtra state are on notice that they could be shot on sight.
The Times of India says the "stern stand against poachers" means "if the forest officials fire upon the poachers injuring or killing them, the action will not be considered a crime." Prior to this week's announcement by state officials, those guards were subject to prosecution for such actions.
We've all been there: Banging the back of a glass ketchup bottle, begging it to give you a dollop of the good stuff or battling with a plastic bottle coercing it into giving up the last of its contents.
Maybe that will be a thing of the past.
Six MIT researchers say they've solved that problem as part of an entrepreneurship competition. The result is a bottle coated with "LiquiGlide," a nontoxic material so slippery that the ketchup or for that matter mayonnaise just glides out when you turn it over.