11:08 AM, May 18th, 2012

Frontpage: Friday, May 18th

  1. Zuckerberg Rings Opening Bell: Facebook founder and CEO Mark Zuckerberg rang the Wall Street opening bell Friday, the day his company is set to debut on the market. Facebook will start trading stocks on the open market at 11 a.m. Friday, 90 minutes after the New York Stock Exchange opens, and a share will be traded at $38, giving the company a $104 billion valuation.
  2. Detective: Trayvon Didn’t Start Fight: The lead detective in the case against George Zimmerman’s alleged shooting of Trayvon Martin said he believes Zimmerman caused the fight by getting out of his car to confront Martin, and believes the Florida neighborhood-watch volunteer should be charged with manslaughter.  
  3. Dimon Will Testify Before Congress: It’s been a rough few days for JPMorgan Chase CEO Jamie Dimon. First came news that his company suffered a $2 billion trading loss. Then came reports that the loss might be closer to $3 billion. Now, Dimon is going to have to go before the Senate Banking Committee to explain what happened. 
  4. Syria Warns Arab NationsGulf powers like Saudi Arabia and Qatar have argued that Syrian insurgents should be supplied with weapons, and Assad’s government has repeatedly accused countries of backing a “terrorist” campaign.
  5. Netanyahu: Iran isn’t Serious About Nuke Talks: Israeli Prime Minister Benjamin Netanyahu said Friday he doesn’t believe Iran is serious about ending its nuclear program. 

Photo via picturedept:

Photo of the Day: May 17, 2012

The Heat is On
A boy leads his goat past a parched pond in India.


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