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    TODAY - May 16, 2012

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    As of 05:09 pm EDT
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    • Clemens accuser McNamee: 'I didn't make it up' - 1 hour ago

      Roger Clemens' lawyer toyed with Brian McNamee's memory and attacked him from several directions at once. The attorney even put an easel next to the witness with the words: "MISTAKE. BAD ...

    • Ex-Syracuse hoops coach's wife: Life is ruined - 1 hour agoThe wife of fired Syracuse University assistant basketball coach Bernie Fine claimed Wednesday that ESPN maliciously trampled her reputation by broadcasting salacious stories about her and about claim...
    • New golf apps promise to fine-tune your game - 2 weeks agoIf only perfecting your golf swing was as simple as playing Angry Birds. Well, while the idea of developing a PGA-quality swing will never be that easy, a growing array of mobile apps, now enhanced by...
    • Pacers' Larry Bird is NBA Executive of the Year - 2 hours agoIndiana Pacers president Larry Bird was voted the NBA's Executive of the Year on Wednesday, becoming the first person to win that award, plus the MVP and Coach of the Year honors.
    • Trainer Lukas 'disappointed' with peers' behavior - 4 hours agoHall of Fame trainer D. Wayne Lukas criticized the behavior of a few of his peers Wednesday, saying the actions of a few recent Kentucky Derby winners have tarnished the reputation of his profession.
    • Facebook raises IPO price as offering nears - 1 day ago

      Already expected to be the largest-ever initial public offering for an Internet company, Facebook is making its IPO even bigger.

    • Poll: Half of Americans call Facebook a fad - 1 day agoHalf of Americans think Facebook is a passing fad, according to the results of a new Associated Press-CNBC poll. And, in the run-up to the social network's initial public offering of stock, half o...
    • The next digital image revolution? - 1 week agoDespite the explosive innovation around digital picture-taking, the end result has actually changed very little. A photo is still a photo. And a poorly focused photo is still as bad as ever. Ren Ng ai...
    • Fiat pulls epic prank on Volkswagen rivals using Google Street View - 4 hours agoIf there's one thing we can say about European car makers, it's that most of them seem to have a great sense of humor. Nowhere is this more apparent than on a trip past Volkswagen's Swedis...
    • Report: Apple starting production of a 4″ iPhone 5 in June - 4 hours agoWish that iPhone in the palm of your hand was a little bigger? According to the Wall Street Journal, your prayers are about to be answered: The new iPhone 5 will feature a 4-inch display, a half inch ...
     
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    Wednesday, May 16, 2012, 4:59PM ET
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    Market Update

    4:30 pm : Buying interest in the early going gave way to selling pressure that resulted in the ninth loss in 11 sessions for the S&P 500. Many traders took their cues from the euro.

    Despite sizable losses in Asia during overnight trade and mixed action among Eur ... more »

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