Treasure hunter says he found $3B WWII wreck (AP)
AP - A treasure hunter said Wednesday he has located the wreck of a British merchant ship that was torpedoed by a German U-boat off Cape Cod during World War II while carrying what he claims was a load of platinum bars now worth more than $3 billion.

Ex-Credit Suisse traders admit cooking subprime books (Reuters)
Reuters - In a rare criminal prosecution to emerge from the financial crisis, two former Credit Suisse traders admitted on Wednesday to conspiring to manipulate the value of about $3 billion in subprime mortgage-backed securities in order to hide losses as the U.S. real estate market began to collap

Egypt soccer fans rush field after game, 74 dead (AP)
AP - At least 74 people were killed and hundreds injured after soccer fans rushed the field in the seaside city of Port Said Wednesday following an upset victory by the home team over Egypt's top club, setting off clashes and a stampede as riot police largely failed to intervene.

Woman wins small-claims suit over Honda hybrid mpg (AP)
AP - The Southern California owner of a Honda hybrid car won her unusual small-claims court lawsuit against the automaker over the vehicle's failure to deliver its stated fuel economy.

Status update: Facebook to go public, raise $5B (AP)
AP - Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.

Where's the snow? Not in Lower 48, but elsewhere (AP)
AP - Snow has been missing in action for much of the U.S. the last couple months. But it's not just snow. It's practically the season that's gone AWOL.

EA sells 2 million units of "Star Wars", shares up (Reuters)
Reuters - Electronic Arts' told investors on Wednesday that its highly anticipated "Star Wars" game was off to a strong start and dismissed reports that players were leaving the new Internet game in droves, and its shares rose 6 percent after the market closed.

The 9 most surprising facts about the Facebook IPO (Yahoo! News)
Yahoo! News - It's official: Facebook, the world's most famous internet company, is about to go public. In a move expected to net the social networking giant a cool $5 billion, Facebook shares will be available for purchase this May under the ticker symbol FB. …

AVG Technologies prices at $16/share: source (Reuters)
Reuters - Anti-virus software maker AVG Technologies NV priced its initial public offering at $16 per share, at the low end of the expected range, according to a market source.

Summary Box: Facebook to go public, raise $5B (AP)
AP - GOING PUBLIC: Facebook files paperwork for its much-anticipated initial public offering of stock. It hopes to raise $5 billion, the most ever for an Internet IPO.

Fold-up ‘house’ fits in your pocket, sets up instantly (Yahoo! News)
Yahoo! News - If Barcelona-based designer Martin Azua's design catches on, the camping tents of the future could fit in your pocket. His "Basic House" concept is a single-person pop-up shelter made from a metalized polyester fabric that sets itself up, but contains no …

Status update: Facebook to go public, raise $5B (AP)
AP - Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.