REUTERS

Facebook Shares Rise 3% Despite Subpoenas, Lawsuit, Complaints About IPO

By David Zielenziger 11:29 PM ET

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose nearly 5 percent Wednesday despite continuing fallout from its May 17 initial public offering.

Indian Rupee Continues To Fall, Crosses 56 Mark Against Dollar; Analysts Seek Strong Corrective Action

The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures.

Niagara Falls firefighter Matt Rozon and an unidentified man are lifted from the Niagara gorge by an aerial fire truck in Niagara Falls May 21, 2012.

Man Survives 180ft Plunge Over Niagara Falls In A Suicide Attempt: Broken Ribs, Lungs But In Stable Condition (PHOTO)

A man, who miraculously survived the plunge of nearly 180-feet over the Niagara Falls without any safety device in an apparent suicide attempt, is currently in stable condition and is recovering in the hospital.

A Petrobras Oil platform is seen at Guabanara bay in Rio de Janeiro

Petrobras Says It Holds Billions Of Barrels Of Offshore Oil

Brazilian state-owned oil company Petrobras announced Tuesday the company has tens of billions of barrels of oil to be developed from offshore oil fields.

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US-China

A woman leaves a branch of Bank of China in Beijing

Temasek Sells $2.48 billion Stake In Bank Of China And China Construction Bank

11:49 PM ET

Temasek Holdings, the Singapore state-owned investment group sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corporation as profit growth in banks is decreasing with tighter controls on lending in the country.