Stay updated with breaking news from 42 05. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
an event that enraged the catholic church was interrupted by an abortion protester. it was a speech by health and human services secretary kathleen sebelius at georgetown university. let s listen. having spent my entire life in public service i spent my entire life in public service [ cheers and applause ] cheers of support there from the graduates. the church had blasted georgetown for inviting sebelius not because of the obama administration s position on abortion, but church leaders instead were angry over sebelius support of a law requiring employers, even religious institutions, to provide birth control coverage. the most hyped stock offering of the year got off kind of to a bumpy start. shares of facebook jumped more than 10% in the first minutes of trading, but then they started to go the other way. at one point the stock was hovering around an initial point of $38 before rising again. alison kosik has been watching all this at the nasdaq market site. ....
from coast-to-coast here in the u.s. we have ali velshi and dan si n simons is outside the headquarters outside menlo park. facebook s price will be showing at the bottom of your screen. let s begin with christine romans in new york. give us the starting price of fb the ticker name. this is the third largest public offering behind gm and visa, right? reporter: that is right. it could be the second largest by the time all of the trades are said and done. we are still waiting for the indications at nasdaq where it could be. it looks like it will be higher, obviously, no price there. we have not seen the trades cross yet. we are watching the matching buyers and sellers. we are trying to figure out what it will open at. there is a lot of hype about it. it can take a while to get the real sense of the price discovery of what it will look like. $38 clearly is what the current price on the board. that is what the ipo price is, fr is what we have been told. who is this be ....
i m erin burnett. outfront tonight, showdown ant camp david. the world s heavyweights are in the ring. the g-8 leaders arriving today. president obama having them all at guests as camp david. a fancy din play a bunch of games and hang out, and literally, that s what it s like. but it s also going to be a little bit like, like a boxing fight. like the fight where tyson took off the ear of evander holyfield. they re going to take it all off and fight. [ bell rings ] reporter: francois hollande the challenger, wants to borrow a boat load of money and say sayonara to the money cuts. and telling angela merkel her austere ways of over. the ref, the guy with the smile hoping not to get hit with body blows or parts is barack obama. a big decision to make. side with more cuts or risk his presidency say heg wants to borrow more money now to save the economy? all smiles aside, this choice may decide whether america remains the world s biggest and best. one person fighting sinc ....
the most solid, real estate. is where the best place to put your money where you don t have to worry about ups and downs of the stock market? real estate. where do you not have to worry about europe and european woes? american real estate. what is the number one city? new york. new york is the highest, best place to buy real estate. $90 million is not shocking. you re amazing. you should work for the new york state real estate bureau. $90 million. i would be hard pressed to find out if they get all that money out of it. adam, great to see you. thank you for having me. it is the top of the hour. i m ashleigh banfield. the countdown is on to the closing of the bell and closing of facebook. we are awaiting to find out where that will end up. president obama and world leaders are meeting at camp david. one of america s cities is bracing for big-time trouble. it is time to play reporter rule yet. let s begin with this. ali velshi is in new york on the first day of face ....