JPMorgan gets some egg on its face, NJ’s Governor Chris Christie deep-sixes his state’s health exchange plan, and Facebook’s IPO rocks the markets. All this and more in this week’s Week in Pictures.
On May 10, a panel of federal health advisers for the Food and Drug Administration voted that the FDA should approve Truvada, a once-a-day retroviral, as a preventative treatment for people who are at high risk of contracting HIV, such as gay and bisexual men. The approval is a landmark development in the 30-year battle against the virus that causes AIDS. (AP Photo/Gilead Sciences)
Several hundred supporters rally in front of the New Jersey Statehouse in Trenton, N.J., Monday, May 14, 2012, on behalf of Dharun Ravi, the former Rutgers University student convicted of bias intimidation for using a webcam to see his roommate kissing another man. The 20-year-old was convicted in March and faces up to 10 years in prison. The case garnered national attention because his roommate, Tyler Clementi, killed himself in September 2010, just days after the spying. The case has drawn a national spotlight on two related problems: bullying and suicide. (AP Photo/Mel Evans)
Health and Human Services Secretary Kathleen Sebelius speaks during the Alzheimer’s Disease conference, Tuesday, May 15, 2012, at the National Institute of Health in Bethesda, Md. During the conference, long-term care insurance was raised – however briefly – as an option for caring for those with Alzheimer’s Disease. (AP Photo/Jose Luis Magana)
A poster of JPMorgan Chase CEO Jamie Dimon is covered with eggs thrown by protesters, outside the gate of JP Morgan Chase annual stockholders meeting, Tuesday, May 15, 2012, in Tampa, Fla. JPMorgan Chase CEO Jamie Dimon spoke to shareholders five days after disclosing some $2 billion in trading losses that could, in fact, be much higher than that. The manner in which JPMorgan incurred its losses drew fresh criticism from the public and from regulators alike over how financial institutions – especially those that have received federal assistance – should behave in a Dodd-Frank world. (AP Photo/Scott Iskowitz)
In this Thursday, Feb. 23, 2006 photo, contractors Luis Benitez, foreground, and Jose Diaz, background, clean up lead paint in a contaminated building in Providence, R.I. For the first time in 20 years, U.S. health officials have lowered the threshold for lead poisoning in young children. The new standard announced Wednesday, May 16, 2012 means that hundreds of thousands more youngsters could be diagnosed with high levels of lead. Too much lead is harmful to developing brains and can mean a lower IQ. (AP Photo/Chitose Suzuki)
Gov. Chris Christie answers a question during a town hall meeting in East Hanover, N.J., Wednesday, May 16, 2012. Earlier in the week, Christie vetoed his state’s plan for a health insurance exchange, saying that the state should wait until the constitutionality of PPACA is determined by the United States Supreme Court. SCOTUS is expected to rule on PPACA sometime in June. (AP Photo/Mel Evans)
Electronic screens inside the Nasdaq stock market announce the listing of Facebook shares before the start of trading, Friday, May 18, 2012 in New York. The world’s definitive online social network raised $16 billion in an initial public offering that values the company at $104 billion. (AP Photo/Mark Lennihan)