Facebook shares stabilizing, but probes mount

NEW YORK (AP) -- Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.

Three investors sue Facebook, Morgan Stanley

NEW YORK (CNNMoney) -- Three investors sued Facebook and chief executive Mark Zuckerberg on Wednesday, May 23rd, along with lead underwriter Morgan Stanley and a host of other underwriters, accusing them of withholding negative information about the social network's initial public offering.

Facebook plunges 18% below IPO price

NEW YORK (CNNMoney) -- Facebook continued to plunge as its stock dropped 8% at the start of trading Tuesday, May 22nd, then pulled back to a 5% loss by the afternoon.

Facebook IPO could mean up to $2.1B for Calif.

SACRAMENTO, Calif. (AP) -- Facebook's public stock offering this week is projected to generate between $1.6 billion and $2.1 billion through mid-2013 for California's budget as shareholders cash in their shares.

Facebook raises IPO price as offering nears

NEW YORK (AP) -- Facebook on Tuesday, May 15th increased the price range at which it plans to sell stock to the public, as investor enthusiasm in the offering continued to mount and boost the potential value of the world's most popular social network.

Facebook announces 'app center', paid apps

(CNN) -- Facebook users who haven't yet discovered the joys of FarmVille or plugged in to the sounds of Spotify will be getting an easier way to find apps that run on the site.

Roundy's Recipe Face-Off

The Roundy's Foundation is moving into its final phase of its first ever recipe face-off.

Facebook sets price range of $28 to $35 for IPO

NEW YORK (AP) -- Facebook has set a price range of $28 to $35 for its initial public offering of stock.At the high end, this could raise as much as $11.8 billion.That's much higher than any other Internet IPO in the past, even Google Inc.

Police in Reedsburg, WI criticized for Facebook postings

REEDSBURG, WI (AP) -- The police department in a small southern Wisconsin city is being criticized for posting mug shots of suspects on its Facebook page before they've been found guilty of an offense.Reedsburg Police Chief Tim Becker says he's using the department's Facebook page to inform the public and remain transparent.