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Wednesday, May 23, 2012

Morning Digest: Regulators, investors turn up heat over Facebook IPO

Reuters » Morning Digest
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05/23/2012
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
Regulators, investors turn up heat over Facebook IPO
(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange..
Stage set for Hollande-Merkel showdown at EU summit
BRUSSELS (Reuters) - European leaders will try to breathe life into their stricken economies at a summit over dinner on Wednesday, but disagreement over the issue of mutual euro-zone bonds and whether they can alleviate two years of debt turmoil will dominate the gathering..
Stock index futures signal losses; Dell eyed
PARIS (Reuters) - Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.65 percent, Dow Jones futures down 0.46 percent and Nasdaq 100 futures down 0.49 percent at 0911 GMT..
"Glee" graduates face tears, fears, uncertain futures
LOS ANGELES (Reuters) - Eight stars of Fox TV's musical comedy "Glee" bid farewell to McKinley High and headed down separate paths to pursue their dreams, leaving fans guessing how the show will follow their stories next season..
Kings cruise into Stanley Cup finals
LOS ANGELES (Reuters) - The Los Angeles Kings booked their place in the Stanley Cup finals for the first time in almost 20 years after wrapping up the NHL Western Conference title with a 4-3 overtime win over Phoenix in Game Five on Tuesday..
Yahoo under Levinsohn seen shifting to content, advertising
SAN FRANCISCO (Reuters) - With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into an entertainment and information destination that wins back the advertising dollars flowing elsewhere..
Scientists turn skin cells into beating heart muscle
LONDON (Reuters) - Scientists have for the first time succeeded in taking skin cells from patients with heart failure and transforming them into healthy, beating heart tissue that could one day be used to treat the condition..
Mountain lion wanders into California city center, is killed
LOS ANGELES (Reuters) - A mountain lion ventured into the center of a crowded Southern California city on Tuesday, and was shot and killed when authorities had trouble corralling the animal in the courtyard of a building, police said..
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