May 18, 2013

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Legal Woes Hit Facebook

Allegations swirl that major clients of Morgan Stanley (MS, Fortune 500) and other banks involved in the offering may have had access to privileged information ahead of the stock's debut.

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Murrow, Summer, Parton join National Recording Registry

Among the artists and historic figures whose timeless recordings have been selected by the Library of Congress for the National Recording Registry (clockwise from top left): Donna Summer; Edward R. Murrow; Prince; Bo Diddley; Parliament; and Dolly Parton. (CBS News Photo)

Quiet Towns In Kansas Now Booming

Oil rigs are springing up in farmers' fields. "No vacancy" signs hang in the windows of local motels, and a steady stream of trucks barrel through Main Streets. Along the state's southern border, the once-quiet farm towns are quickly transforming into boomtowns.

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Marvel Comics, X-Men To Welcome Openly Gay Superhero

Marvel Comics’ mutant character Northstar has not often been a headliner. If all you know about the X-Men is what you've seen in movies starring Hugh Jackman, then you likely don’t know him at all. That changes with this week's “Astonishing X-Men #50” when Northstar takes center stage and prepares to go from one of the first openly gay superheroes in comics to the first married gay hero at Marvel.

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Romney Calls For More School Choice

Calling the nation's falling educational standards "the civil rights issue of our time," on Wednesday Mitt Romney proposed dramatically expanding school choice for low-income and disabled children.

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Bride Who Faked Cancer Ordered Repay Donors

A New York woman who pretended to have terminal cancer to pay for an extravagant wedding and honeymoon has been ordered to give back thousands of dollars she received from sympathetic donors.

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Palin Endorses Utah's Hatch In Senate Race

Palin announced her backing for Orrin Hatch in a post to her website Tuesday evening, calling him "part of the one percent of national politicians who I think should be reelected."

White House Responds To Cardinal Dolan

On Monday, more than 40 Catholic organizations sued the Obama administration over a requirement that most employers provide birth control coverage as part of their employee health plans.

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Facebook Shares Continue Slide

After Facebook's stock fell below its initial public offering price of $38 a share in its first two days on the public market, it fell an additional 8.5 percent on Tuesday, down $2.91, to close at $31.12.

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Romney Nears Nomination With Two More Wins

With nearly all precincts reporting in Kentucky, Mitt Romney had 67 percent of the vote. With 61 percent of precincts reporting in Arkansas, Romney had 69 percent of the vote.

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Body Of Missing Harvard Student Found

The desperate search in Portland, Maine, for a Harvard Business School student missing since Sunday ended in heartbreak after his body was found just days before he was to graduate.

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