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After Bad Day For Market, Facebook's Revenue Rise Boosts Stock

Wall Street's bad day — the Dow Jones industrial average fell more than 240 points (1.8 percent) — has been followed by something unusual these days: good news about Facebook's shares.

The social media giant's stock is up about 10 percent in "after-hours" trading, to more than $21, because it just reported an increase in third-quarter revenue, to $1.3 billion from about $950 million in third-quarter 2011. The revenue was also about $300 million greater than analysts had been forecasting, Bloomberg News says.

What's more, as The Wall Street Journal notes, while the company "posted a loss of $59 million, or 2 cents a share," that was about $300 million better than expected.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Smithsonian Sets Phasers To Restore On Original Starship Enterprise

The Starship Enterprise — from the original Star Trek series — has gotten a restoration fit for a real life spacecraft. It goes on display this week at the Smithsonian National Air and Space Museum.
NPR

Click For Fewer Calories: Health Labels May Change Online Ordering Habits

Will it be a hamburger or hummus wrap for lunch? When customers saw indications of a meal's calorie content posted online, they put fewer calories in their cart, a study finds.
WAMU 88.5

Jonathan Rauch On How American Politics Went Insane

Party insiders and backroom deals: One author on why we need to bring back old-time politics.

WAMU 88.5

Episode 5: Why 1986 Still Matters

In 1986, a federal official issued a warning: If Metro continued to expand rapidly, the system faced a future of stark choices over maintaining existing infrastructure. Metro chose expansion. We talk to a historian about that decision. We also hear from a former Metro general manager about the following years, and from an Arlington planner about measuring how riders are responding to SafeTrack.

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