In its initial public offering, Groupon is selling about $700 million in stock. As The Wall Street Journal puts it that's "the biggest tech IPO of its kind since Google's stock-market debut."
If you're not familiar, Groupon is an Internet deals company. It for example, sells $50 worth of food at a restaurant for $25. It splits the profits with the restaurant on coupons redeemed and keeps the ones that customers don't use.
Greek Prime Minister George Papandreou, shown speaking at the parliament in Athens on Friday, is facing a no-confidence vote.
Credit Louisa Gouliamaki / AFP/Getty Images
George Papandreou is not the only European politician who is nervous about his job. Greek's prime minister wouldn't be the first leader to lose his position as a result of the ongoing euro crisis, and more are likely to follow.
Papandreou faces a vote of confidence on Friday, which could bring down his government. Even if he survives this test, he may not remain in power for long.
Originally published on Fri November 4, 2011 4:40 pm
Fast food giant McDonald's has brought back the McRib until Nov. 14. The sandwich has gained cult acclaim over the past three decades because of its limited availability.
Credit Paul J. Richards / AFP/Getty Images
Since McDonald's announced the seasonal revival of its popular McRib sandwich last month, there's been a round of reports about what's in the sandwich that have ranged from glib (on its 70 ingredients) to McFib (on the alleged inhumane treatment of the pigs that
In Bangkok, floodwaters are rising in some parts of the city, leading to charges that the government is sacrificing the homes and businesses of the poor while protecting the rich . On the west side of Bangkok (shown here Nov. 1), areas are mostly submerged, while the opposite side of the Chao Phraya river is dry.
Heavy monsoon rains that began two months ago in Thailand have killed more than 400 people and show no sign of abating as the floodwaters make their way south into the crowded capital, Bangkok.
Anxious residents have stripped store shelves bare of water, rice and other essentials as they wait. And tempers are flaring as some poorer residents complain that their homes and businesses are being sacrificed to protect more affluent and industrial areas closer to the city center.
"I will get stronger. I will return" to Congress, Rep. Gabrielle Giffords, (D-Ariz.), vows in a new book she has written with her husband about the devastating injuries she received last Jan. 8 when a gunman opened fire during an event she was hosting in Tucson.
It's one of the surest signs yet that she intends to remain in politics and seek re-election next year.
Louisville Metro Government is facing a $6 million deficit based on early revenue projections. Mayor Greg Fischer’s budget allocates $504.2 million for the general fund, but despite higher receipts in the first three months of the fiscal year the city has another financial shortfall.
Julius Hemphill's "Dogon A.D." — the 15-minute piece, and the album that's named for it — was one of the startling jazz recordings of the 1970s, a rethinking of possibilities open to the avant-garde. In the 1960s, free jazz was mostly loud and bashing, until some Chicagoans began playing a more open, quieter improvised music. That inspired St. Louis players like Hemphill, who also had ties to heartland rhythm-and-blues scenes. Hemphill's genius was to combine the Chicagoans' dramatically spare sound with a heavy backbeat. His new urban music smacked of old country blues.
<em>Hoodia gordonii</em> plants like this one have been used by generations of bushmen in Southern Africa's Kalahari desert as an appetite suppressant. But the Federal Trade Commission isn't sold on that idea.
Credit David Silverman / Getty Images
Hoodia may not help you lose weight. But the supplement, derived from an African plant, may help you lose your vacation house, if you're marketing the stuff with claims that go too far in the eyes of regulators.
The Federal Trade Commission said it has reached a settlement with David J. Romeo and two companies he controlled that bans them from "making any weight-loss claims while marketing foods, drugs, and dietary supplements."