That, anyway, is the story according to the business press. The news comes from dogged reporters at Reuters, the Wall Street Journal, and other well-known chroniclers of the financial world. But if you can’t follow all of these guys—if you have neither the time nor the patience to wade through each new bulletin on the IPO’s disastrous path—there’s really only one place you need to check. Just visit Business Insider, Henry Blodget’s invaluable business news aggregation site. Not only does Blodget keep breaking news about the IPO himself, but he’s also rounding up everyone else’s scoops, rumors, and theories, and he’s wrapping it all up into intelligent, coherent analysis. Continue reading →

New York authorities are investigating the claims of a man who has told investigators that he had a role in the 1979 disappearance of Etan Patz, the 6-year-old boy who vanished in SoHo on his way to school and is believed to have been murdered, officials said on Thursday.“An individual now in custody has made statements to N.Y.P.D. detectives implicating himself in the disappearance and death of Etan Patz 33 years ago,” Police Commissioner Raymond W. Kelly said in a statement issued early Thursday. “We expect to provide further details later today.”The man, identified by one law enforcement official as Pedro Hernandez, was taken into custody late Wednesday in New Jersey and was taken to the office of the Manhattan District Attorney, Cyrus R. Vance, ... Continue reading →

Warren Buffett’s letter his editors and publishers May 23, 2012 To the Publishers and Editors of Berkshire Hathaway’s Daily Newspapers: Until recently, Berkshire has owned only one daily newspaper, The Buffalo News, purchased in 1977. In a month or so, we will own 26 dailies. I’ve loved newspapers all of my life — and always will. My dad, when attending the University of Nebraska, was editor of The Daily Nebraskan. (I have copies ofthe papers he edited in 1924.) He met my mother when she applied for a job as a reporter at the paper. Her father owned a small paper in West Point, Nebraska and my mother worked at various jobs at the paper in her teens, even mastering the operation of a linotype ... Continue reading →

New York authorities are investigating the claims of a man who has told investigators that he had a role in the 1979 disappearance of Etan Patz, the 6-year-old boy who vanished in SoHo on his way to school and is believed to have been murdered, officials said on Thursday.“An individual now in custody has made statements to N.Y.P.D. detectives implicating himself in the disappearance and death of Etan Patz 33 years ago,” Police Commissioner Raymond W. Kelly said in a statement issued early Thursday. “We expect to provide further details later today.”The man, identified by one law enforcement official as Pedro Hernandez, was taken into custody late Wednesday in New Jersey and was taken to the office of the Manhattan District Attorney, Cyrus R. Vance, ... Continue reading →

Facebook Said to Have Talked With NYSE About Switching Exchange By Lee Spears - 2012-05-23T20:03:50Z Enlarge image Facebook Spencer Platt/Getty Images The window of the Nasdaq stock market moments before Facebook shares went public on May 18, 2012 in New York. The window of the Nasdaq stock market moments before Facebook shares went public on May 18, 2012 in New York. Photographer: Spencer Platt/Getty Images NYSE Euronext (NYX) and Facebook Inc. have been exchanging phone calls and e-mails about the possibility of the company switching its listing from Nasdaq OMX Group Inc. (NDAQ), according to a person familiar with the matter. To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net To contact the editor responsible for this story: Nick Baker ... Continue reading →