Nasdaq seen struggling with aftermath of Facebook IPO

NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. Initially, the exchange said it plans to set aside $13 million to resolve bad trades, and even if all of that was used, the cost would be minimal compared with the $387 million in net income it reported last year. The bigger hit to Nasdaq's business is likely to come from the damage done to its reputation by the stumble. ...

Annular Eclipse Makes 'Ring of Fire'
If you live in a band across the southwestern United States, twilight likely seemed to come early this afternoon, well before the sun actually sets, thanks to a rare annular eclipse.

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Pinterest has taken the Internet by storm. Here are five ways to use the social pinning site.

What World War II Can Teach Us About Climate Change
Downplaying or ignoring a coming catastrophe won't make it go away.

Silicon Valley takes Facebook fizzle in stride

SAN FRANCISCO (Reuters) - Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter, but venture capitalists in Silicon Valley are keen to shrug off Facebook's stumble - at least for now. ...