Facebook IPO adds shares as ads debate lingers
New York AP reports Facebook will sell 84 million more shares worth up to 3.2 billion as it files for an IPO. GM will drop Facebook ads after deeming them ineffective while Ford renews strong support. The move expands insider selling and aims to push the stock price higher amid a volatile market.
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Lower oil prices ease load on consumers and Obama
New York AP report notes falling oil and gasoline prices ease burden on households and bolster consumer confidence while potentially aiding President Obama in re election. Gas prices have dropped about 21 cents to 3.73 a gallon from a 2012 high, with crude near 93 dollars a barrel and refiners easing, though voters remain wary of long term economic health and national politics.
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James Hamilton
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John Heimlich
Airlines For America
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Pew Research Center
Mitt Romney
U S lowers cutoff for lead poisoning in young kids
Atlanta based AP reports U S health officials cut the pediatric lead poisoning threshold to 5 micrograms per deciliter from 10, potentially raising diagnosed cases to about 450 000. CDC officials note no extra funding for testing or cleanup while risks to brain development and behavior remain.
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Atlanta
News Standard
Rebecca Morley
National Center For Healthy Housing
Maryland
Christopher Portier
Centers For Disease Control and Prevention
CDC
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