Apple has now erased all gains that the stock has made since the beginning of 2012.

FORBES: Apple Violates $400, No Silver Lining From Overcast Cirrus Outlook

"If there was any doubt that the housing market was undergoing a recovery, even a modest one in the face of the terrible 2008 decline, those doubts should be erased by now, " said Dan Greenhaus, chief global strategist at BTIG.

BBC: Fresh signs of recovery in US housing

The French CAC-40 dropped 2.8% and is now in the red for the year, capping an ugly April that erased a strong first quarter.

WSJ: Europe Woe Stirs

His digital life was erased and Twitter feed used to spew unsavory tweets to his 15, 000 (now 18, 000) followers.

FORBES: Fakes & Hacks on Twitter

And any cuts now are a gift that keeps on giving, with helpful compounding effects in outyears unless they are erased or undone by future legislation (always a good bet, but the bird-in-the-hand rule should apply here).

FORBES: On Government Spending, It's Time For Short-Term Thinking

The ongoing drama at the power plant in Fukushima -- a name now ranked alongside Three Mile Island and Chernobyl as history's worst nuclear accidents -- has erased the momentum the nuclear industry has seen in recent years.

CNN: STORY HIGHLIGHTS