10 Things to Know for Monday

May 14, 2012 - 5:35 AM

Facebook Zuckerbergs Birthday

FILE - In this Feb. 5, 2007 file photo, Facebook CEO Mark Zuckerberg poses at his office in Palo Alto, Calif. Zuckerberg turns 28 on Monday, May 14, 2012. He's considerably younger than the average FORTUNE 500 CEO, of course. But while some investors worry that Zuckerberg is too young to lead Facebook as a public company, experts point out that Bill Gates, Steve Jobs and Michael Dell were in their 20s when their companies had IPOs. (AP Photo/Paul Sakuma, File)

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (times EDT):

1. FACEBOOK FOUNDER'S BIRTHDAY KICKS OFF BIG IPO WEEK

Mark Zuckerberg turns 28 today, and his birthday gift could be an initial public offering this week that's expected to value Facebook at nearly $100 billion.

2. OBAMA'S TRIP TO NEW YORK INCLUDES GRADUATION, FUNDRAISER

At 12:30 p.m., the president speaks to graduates at all-female Barnard College and later attends a fundraiser with gay and Latino donors. He also releases an ad calling Romney a "job destroyer."

3. CLEMENS TO FACE CHIEF ACCUSER

The expected testimony today of former strength coach Brian McNamee, who accuses Clemens of taking steroids, could be a make-or-break moment in the pitching great's perjury trial.

4. CALIFORNIA GOVERNOR PITCHES PLAN TO CUT $16 BILLION BUDGET DEFICIT

At 1 p.m., Jerry Brown is expected to ask voters to approve higher taxes to avoid even deeper cuts to schools, higher education and social services.

5. DEFENSE BEGINS IN EDWARDS CORRUPTION TRIAL

Trial resumes at 9 a.m., with the former head of the Federal Election Commission set to take the stand. It is not yet clear if John Edwards himself will testify.

6. NEW REPUBLICAN SUPER PAC SETS SIGHTS ON YOUNGER VOTERS

The GOP political committee called Crossroads Generation seeks to lure under-30 voters frustrated by the sluggish economy.

7. YAHOO SWEEPS OUT CEO TAINTED BY INACCURATE RESUME

Scott Thompson, whose biography included a college degree he never received, was the fourth CEO in five years at the troubled Internet company.

8. YOUNG ADULTS WITH AUTISM HAVE A TOUGH TIME FINDING JOBS

A new study finds 1 in 3 young adults with autism have no job experience or higher education nearly seven years after high school. That's a poorer showing than those with other disabilities.

9. DNA BEING USED TO IDENTIFY 49 BODIES DUMPED IN NORTHERN MEXICO

The bodies were found with their heads, hands and feet cut off in what appears to be the latest violence between Mexico's two dominant drug cartels.

10. MOST POPULAR BABY NAMES TO BE RELEASED

At 10 a.m., the Social Security Administration releases its annual list of the top 1,000 baby names. Isabella and Jacob led the previous ranking.