Originally published on Thu November 7, 2013 4:43 pm
6 p.m. ET: Twitter Shares Close At $44.90
At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.
Earlier Thursday, the company's shares soared from their initial public offering price of $26.
2:35 p.m. ET:
As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.
A year ago, newly re-elected President Obama got promises of cooperation from chastened GOP congressional leaders. Since then, Senate Republicans have delivered on some key issues. Ditto for the GOP-led House, at least initially. Then came the partial government shutdown.
In the Democratic Republic of Congo, leaders of the once-powerful rebel group M23 announced they are giving up their insurgency. Renee Montagne talks to the U.S. Special Envoy to Congo Russ Feingold about the hopeful signs that peace may come to the eastern part of the country after decades of war.
Originally published on Thu November 7, 2013 3:57 am
Twitter goes public at $26 per share on Thursday. That's up from an earlier planned offering in the $17 to $20 range — and it may signal increased demand from institutional investors like hedge funds. Twitter is valued at just over $18 billion even though it has never turned a profit.
Some Swedish movie theaters are introducing the system. The scale grades films based on a concept introduced by the feminist cartoonist Alison Bechdel. Whether a film passes or fails depends on whether any of its named female characters have conversations with one another about something other than men.
Originally published on Thu November 7, 2013 4:15 am
In the essay "The Myth of Sisyphus," philosopher Albert Camus — who would have turned 100 on Thursday — explored the nature of boring work. There's new psychological research into why people end up in boring jobs.
Negotiators from Iran and six world powers resume talks Thursday in Geneva on Iran's nuclear program. Iran's Supreme Leader says he's not optimistic, and U.S. officials say "no deal is better than a bad deal." Still, Iran's desire to get out from under crippling economic sanctions may drive progress forward despite the long odds.