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May 30th, 2012
07:42 AM ET

What's trending for Wed., May 30th, 2012

A bear takes a Memorial Day dip, a man attempts a skydive from 22 miles up and Michigan recruit burns Ohio St. letter.

Filed under: Trending
May 30th, 2012
06:21 AM ET

MYB: Facebook stock hits new lows and co-founder Saverin speaks out on paying his U.S. taxes

It was the stock everyone thought couldn't lose. But yesterday, Facebook stock lost another nearly 10% yesterday.

Since it's IPO, the stock has lost nearly a quarter of its value, closing below $30 yesterday. This morning in pre-market trade, it's down again.

The new lows are partly due to speculation that the company is prepping to buy a Norwegian mobile browser developer called Opera. Facebook needs help in mobile operations but investors questioned whether this would be the right fit.

In other Facebook news, co-founder Eduardo Saverin took time to talk with Brazilian newspaper "Veja" to address speculation that he moved to Singapore to avoid paying taxes on his Facebook holdings.

"The decision was strictly based on my interest of living and working in Singapore," Saverin tells the paper. "I am obligated and I will pay hundreds of millions of dollars in taxes to the American government."

He also said he has already paid and will continue to pay his taxes in the U.S.

Filed under: Minding Your Business
May 30th, 2012
05:20 AM ET

Early Reads for Wednesday, May 30th, 2012

We know you have to run this morning, so here's a quick look at the big stories of the day:

Top News stories:

* U.S., allies expel Syrian diplomats after massacre

* Romney hits 'magic number' for GOP nomination

* Beryl strenghtens along Coastal Carolina

Early Reads:

* From FloridaToday.com: Controversial 'Fifty Shades of Grey' novel back in Brevard libraries

* From TheStar.com: Better to transplant smokers’ lungs than staying on wait list, U.K. study finds

* From Bloomberg: Toyota Prius Escapes Niche To Surge Into Global Top Three

Don't forget to tune in to "Early Start" weekdays at 5am Eastern for more on the day's news.

Filed under: Early Reads
May 29th, 2012
11:09 AM ET

MYB: Most affordable homes in the U.S. – Christine Romans explains

Christine Romans looks at a new CNNMoney gallery on the most affordable cities to buy a home.

Filed under: Minding Your Business
May 29th, 2012
09:49 AM ET

Radiation in tuna found near California a danger? Stony Brook professor Nicholas Fisher says not a cause for alarm yet

Scientists are reporting nuclear radiation in bluefin tuna off the coast of California. The fish appear to only have low levels, but researchers say it's definitely the result of Japan's tsunami-damaged Fukushima power plant.

Stony Brook University professor Nicholas Fisher is one of the researchers who reported the findings. He says that though the radiation levels are higher than usual, it doesn't necessarily mean the fish are unsafe to eat.

Filed under: Earthquake • Japan • Radiation
May 29th, 2012
09:40 AM ET

Will searching landfills 33 years after Etan Patz yield any clues? Lou Palumbo says investigators may end up finding more bodies

He was the first boy to ever appear on a milk carton. Now New York City Police are combing through trash records, hoping it can help solve the 1979 disappearance of Etan Patz.

Pedro Hernandez last week confessed to killing Patz, saying he choked the six-year-old boy to death, then threw his body away inside a trash bag. Those trans logs could help police determine whether to search local landfills in order to try to find the boy's remains.

Retired Nassau County police officer Lou Palumbo discusses the viability of searching New York City landfills for 33-year-old remains of Patz, and says it may not make sense to start combing through landfills.

"The real problem we have here is we're talking about hundreds of millions of tons of garbage over a 33-year period," Palumbo says. "The hope or expectation that the Sanitation Department is going to be able to give them some type of a focal point that they can then go in and randomly pick through the garbage because technology is not going to support them on this."

He adds, "this could turn to a case that happened at the beach, we went looking for one prostitute and found 10. Be careful what you wish for here because we're going in looking for Etan Patz and I have a really strange suspicion that other bodies have been discarded in this landfill, the same way they were at the beach. We're going to find bodies we're not looking for here."

"It could be problematic in that capacity but I think overall this makes looking for a needle in a hay stack like an easy undertaking," Palumbo says.

Filed under: Etan Patz
May 29th, 2012
08:04 AM ET

Second deadly quake in Italy kills eight people – Newsweek/Daily Beast's Barbie Nadeau reports

Newsweek/Daily Beast's Barbie Nadeau on the scene in Italy after a second deadly earthquake strikes Tuesday morning.


Filed under: Earthquake
May 29th, 2012
06:50 AM ET

Early Reads for Tuesday, May 29, 2012

We know you've got to run this morning, so here's a quick look at the big stories of the day:

Top News stories:

* Eight dead as 5.8 earthquake shakes northern Italy

* NATO: Senior al Qaeda leader killed in Afghanistan

* Robbery suspect falls to death from crane on SMU campus

Early Reads:

* A Florida teen gets in trouble for standing up to bullies, and the school says she went too far. The Daily Commercial has this story.

* Be careful what you post on Facebook. Australia's Telegraph reports on a 17-year-old girl in Australia who posted a fat wad of cash, only to be robbed.

* The New York Times reports on zoos across the country being forced to choose which endangered species to save, and which ones to let die out.

Filed under: Early Reads
May 29th, 2012
06:05 AM ET

MYB: Is housing finally on the mend? Christine Romans explains

Christine Romans on housing, GDP and jobs reports out this week, and what they could mean for the struggling economy.

Filed under: Minding Your Business
May 28th, 2012
02:46 PM ET

Climber 'traffic jam' on Everest? Mountain climber Kenton Cool explains

Mountain climber Kenton Cool explains the recent bottle neck of climbers hoping to summit Mount Everest.

Filed under: Mount Everest
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