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NEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45.00, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $50,000 - considered a threshold for many investors. An order for less than 100 shares is called an odd lot. ...
ATHENS (Reuters) - German Chancellor Angela Merkel discussed with Greece's President on Friday whether his country should hold a referendum on staying in the Euro, but the idea was vehemently rejected by Greece's two biggest parties. Merkel spoke on the phone with President Karolos Papoulias, who failed this week to convince political leaders to form a government after an inconclusive May 6 election, meaning the vote will be held again on June 17. ...
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(Reuters) - Twelve months after losing a playoff for the Byron Nelson Championship in Irving, Texas, Ryan Palmer had redemption on his mind after taking control of the tournament in Thursday's opening round.
(Reuters) - Suspended New Orleans Saints linebacker Jonathan Vilma has filed a defamation lawsuit against National Football League (NFL) Commissioner Roger Goodell over statements regarding a "bounty" scheme reportedly used by the Saints.
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 WASHINGTON (Reuters) - The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused "Chinese actors" of being the world's biggest perpetrators of economic espionage. The Pentagon, in its annual report to Congress on China's military, flagged sustained investment last year in advanced missile technologies and cyber warfare capabilities and warned that Chinese spying threatened America's economic security. ...
 MOSCOW (Reuters) - President Vladimir Putin will likely name allies to key economic posts when he unveils his new cabinet on Monday, asserting control over the government in a move that could hamstring reforms backed by his more liberal premier. At stake is the future of Russia's privatization program and the drive to diversify a $1.7 trillion Russian economy still heavily dependent on oil and gas exports, which yield half of all state revenues. "It will be Putin's cabinet," said Lilia Shevtsova, a senior associate at the Carnegie Moscow Center think-tank who is an author and expert on Putin. ...
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