Noontime News is a snapshot of the news from the past 24 hours.


Facebook’s Success Hinges On How Much More It Can Learn About Us

Today, Facebook CEO Mark Zuckerberg turns 28 and gets the ultimate birthday gift: His popular social networking site is expected to go public later this week. The IPO could be valued at nearly $100 billion. Meanwhile, Yahoo, another company that also once had a bright future, continues to undergo upheaval as it struggles to define its mission.

R.I. Governor Orders Recognition For Same-Sex Marriages Performed Outside The State

Rhode Island Gov. Lincoln Chafee (I) has signed an executive order declaring that his state will provide legal recognition to same-sex couples married elsewhere.

Who Really Caused The Deficit? (CHART)

This week Republicans will attempt to move the national political conversation back to a familiar theme with a series of attacks on President Obama over the national debt. The GOP released a web video Monday bashing his “broken promises” on the deficit and previewed a major speech Tuesday by likely presidential nominee Mitt Romney on the issue.

Pardon Attorney Torpedoes Plea for Presidential Mercy

Clarence Aaron seemed to be especially deserving of a federal commutation, an immediate release from prison granted by the president of the United States.

N.C. Republican hopeful Scott Keadle regrets comments on Obama’s birthplace

WASHINGTON —  As his competition endured criticism for questioning President Barack Obama’s birthplace, congressional candidate Scott Keadle of North Carolina took the high road last week and said he hadn’t spent “two seconds of my life thinking” about Obama’s birthplace.

J.P. Morgan’s bad bet sparks firestorm over regulation

WASHINGTON —  J.P. Morgan Chase & Co.’s stunning after-hours announcement Thursday of a $2 billion loss on a complex bet sent shock waves through the nation’s capital Friday, as lawmakers blamed financial regulators for continuing to allow the same risky activity that nearly sunk the global financial system four years ago.

Fla. Gov. Rick Scott’s chief of staff resigns amid scrutiny of state contracts awarded friends

TALLAHASSEE, Fla. —  Gov. Rick Scott’s chief of staff Steve MacNamara resigned Saturday afternoon, ending what has been a tumultuous week of news reports about his steering no-bid contracts to friends and interfering in staffing and decisions throughout state government.

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