As we've noted before, 2011 has been a great year for Internet companies seeking to go public. Today, Zynga said it hoped to price its shares at $8 to $10 per share during its initial public offering later this month. Depending on whose math you trust, that means the company will try to raise about $1 billion and the debut could value the company at $7 billion. (Some news outlets are putting that number as high as $9 billion.)
What is Zynga you ask? They're the makers of social games like Farmville and Cityville.
The unemployment rate dropped unexpectedly to 8.6 percent in November, in part because hundreds of thousands of Americans stopped looking for work. But analysts said the modest increase of 120,000 jobs created last month points to an economy that's generally still limping.
An attorney for a former Kentucky State Police trooper injured on duty in Barren County 11 years ago went before the Kentucky Court of Appeals on Thursday to ask the court to overturn a lower courtâs decision dismissing his suit against a former Barren County sheriff and deputy. The three-judge panel of appeals court judges heard oral arguments Thursday at the Warren County Justice Center from attorneys representing former trooper Jason Cross, former Barren County Sheriff Barney Jones and Leland Cox, who served as a deputy under Jones. Cross sued Cox and Jones in connection with a Sept. 3, 2000, incident in Barren County.
An Ohio contractor has been awarded a $1.3 million contract to finish painting downtown Frankfort's Singing Bridge, according to the state Transportation Cabinet. The bridge, which dates back to the 1890s, crosses the Kentucky River. The bridge has a metal mesh floor which causes tires on vehicles to make a sing-song noise - hence the name Singing Bridge.
The product of 40 years of work by scientists and researchers with the U.S. and Kentucky Geological Surveys was unveiled in Lexington Thursday: a composite of 25 maps detailing surface rock types, formations, and fault lines across the state. State Geologist Jim Cobb says the effort was built on several decades of data. "It's a very labor-intensive process. So it's not easy. It takes people, human resources, and computers," said Cobb.
Secretary of State Hillary Rodham Clinton's visit to Myanmar, where she has pledged with opposition leader Aung Sang Suu Kyi to continue the push for democracy and respect for human rights there, has focused attention on that long-oppressed Asian nation.
The Irish actor Michael Fassbender stars in two current films that revolve around the perils of sex â which means you see him have a lot, so he'll have something to regret.
You know how the sex will play out in Shame, because of, well, the title. Fassbender plays a sex addict, Brandon Sullivan, born in Ireland, raised in New Jersey, and he seems to work in advertising, which is unfortunate since he resembles Mad Men's John Hamm.
Paul Motian, a jazz drummer and composer who spent more than 50 years in the music industry, died November 22, from complications of multiple myeloma. He was 80.
The New York Times' Ben Ratliff once called Motian "one of the greatest drummers in all of jazz." The rare drummer who disliked drum solos, Motian recorded some of his most memorable work with pianist Bill Evans and bassist Scott LaFaro. Their recordings include the classics Sunday at the Village Vanguard and Portrait of Jazz.