Paul Sakuma/AP The Facebook thumb. When Facebook makes its initial public offering Friday on the NASDAQ, the stock will be priced at $38 per share, a price that’s expected to bring in between $16 billion $18.4 billion to the company. CNBC reports: “[The price makes] it one of the most lucrative offerings the Street has

Enlarge Sanford Police A photocopy of a picture of George Zimmerman taken the night of the shooting. Sanford Police A photocopy of a picture of George Zimmerman taken the night of the shooting. A huge trove of documents has been released by prosecutors in the Trayvon Martin case. Among the biggest revelations so far is

Moody’s Investors Service is downgrading the ratings of 16 Spanish banks because of the country’s worsening financial picture. Moody’s lowered its rating by one to three notches on the long-term debt and deposit ratings for 16 Spanish banks and one U.K. subsidiary on Thursday. Moody’s said it took the action because the banks face a

Quite a few of the 225 people who live in Dish, Texas, think the nation’s natural gas boom is making them sick. They blame the chemicals used in gas production for health problems ranging from nosebleeds to cancer. And the mayor of Dish, Bill Sciscoe, has a message for people who live in places where

Enlarge Jason Kempin/Getty Images Eduardo Saverin, co-founder of Facebook. Jason Kempin/Getty Images Eduardo Saverin, co-founder of Facebook. Bloomberg took out its pencil, paper and calculator and came up with this number: $67 million. That’s how much the news service estimates Facebook co-founder Eduardo Saverin could save in federal income taxes after having renounced his United

Enlarge Deena Prichep The author pauses to photograph the St. Honore cake before she digs in. Deena Prichep The author pauses to photograph the St. Honore cake before she digs in. We here at The Salt usually ignore food festivals and those “Celebrate Whatever We’re Eating Now” Days. They’re a bit precious, no? But this

Already in the spotlight over whether it executed one innocent man — Cameron Todd Willingham — in 2004, the state of Texas now faces questions about whether another man may have been wrongly condemned to death. Columbia Law School’s Columbia Human Rights Law Review has posted online a 400-page, multi-media investigation that concludes it was

Enlarge Damian Dovarganes/AP Homebuilders reported improving sales and higher traffic from prospective buyers this month. A gauge measuring confidence in sales over the next six months also rose. Damian Dovarganes/AP Homebuilders reported improving sales and higher traffic from prospective buyers this month. A gauge measuring confidence in sales over the next six months also rose.

Enlarge Stan Honda /AFP/Getty Images Republican presidential hopeful Ron Paul at a campaign event in Las Vegas on Feb. 3. Stan Honda /AFP/Getty Images Republican presidential hopeful Ron Paul at a campaign event in Las Vegas on Feb. 3. Republican Ron Paul is not shuttering his presidential campaign, his chief strategist says in a memo