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May 29, 2010

NYT: Top Stories & Business.- May 29th., 2010



Top Stories


BP Engineers Making Little Headway on Leaking Well
By CLIFFORD KRAUSS and JACKIE CALMES
Amid mixed messages about problems and progress, officials said they would continue for another 48 hours before considering other options.

Strike in China Highlights Gap in Workers’ Pay
By KEITH BRADSHER and DAVID BARBOZA
A strike at a Honda factory has come to symbolize income inequality, inflation and soaring property prices in China.

When Afghans Seek Medical Aid, Tough Choice for U.S.
By C. J. CHIVERS
Civilians wounded as a result of military activity are treated by the military. But each day, Afghans seek help for other ailments.

NYTimes.com Homepage

 Business


They Bet the Rent, and Lost
By CHARLES V. BAGLI
Owners of three New York apartment complexes failed to replace rent-regulated residents with higher-paying tenants and fell into financial straits.

House Votes to Eliminate Hedge Fund Tax Break
By DAVID KOCIENIEWSKI
“Carried interest,” the portion of a fund’s investment gains taken by fund managers, is taxed at 15 percent as a capital gain; the legislation would raise that rate.

Shell Buying an Oil and Gas Firm for $4.7 Billion
By CHRIS V. NICHOLSON
The oil and gas producer is moving into the coveted sector of natural gas contained in shale deposits.

More Business News

The Washington Post : Today's Highlights. May 29th, 2010


TODAY'S HIGHLIGHTS
Options studied for a possible Pakistan strike
The U.S. military is reviewing options for a unilateral strike in Pakistan in the event that a successful attack on American soil is traced to the country's tribal areas, according to senior military officials.
(By Greg Miller, The Washington Post)

At troubled minerals agency, sidetracked by smaller issues
(By Juliet Eilperin and Scott Wilson, The Washington Post)

A modest jobs bill signals shift on Hill
Lawmakers weigh aid to unemployed against a growing national deficit
(By Lori Montgomery and Shailagh Murray, The Washington Post)

'Diff'rent Strokes' star fell into a tailspin
(By Matt Schudel, The Washington Post)

More Today's Highlights

POLITICS
Most detainees low-level fighters
About 10 percent of the 240 detainees held at Guantanamo Bay , Cuba, when President Obama took office were "leaders, operatives and facilitators involved in plots against the United States," but the majority were low-level fighters, according to a previously undisclosed government report. About 5...
(By Peter Finn, The Washington Post)

Gates addresses troops on 'don't ask, don't tell'
(By reuters, The Washington Post)

Jobs bill reignites debate over foreign profit of U.S. firms
Industry fights higher taxes intended to slow the outsourcing of work
(By Jia Lynn Yang, The Washington Post)

At troubled minerals agency, sidetracked by smaller issues
(By Juliet Eilperin and Scott Wilson, The Washington Post)

More Politics


NATION
Most detainees low-level fighters
About 10 percent of the 240 detainees held at Guantanamo Bay , Cuba, when President Obama took office were "leaders, operatives and facilitators involved in plots against the United States," but the majority were low-level fighters, according to a previously undisclosed government report. About 5...
(By Peter Finn, The Washington Post)

Options studied for a possible Pakistan strike
EXTREME CIRCUMSTANCES
Unilateral action after successful attack in U.S.

(By Greg Miller, The Washington Post)

Golf ball-size oil globs found 75 miles from rig
(By Juliet Eilperin, David Fahrenthold and Alec MacGillis, The Washington Post)

Meeting sought on Middle East nuclear-free zone
Language on Israel could hinder plans, U.S. officials say
(By Mary Beth Sheridan and Colum Lynch, The Washington Post)

Minerals Management Service's troubles
(The Washington Post)

More Nation

WORLD
Seoul gets 'modest' Chinese support on North Korea
SEOUL -- China toughened its position toward North Korea Friday but fell short of the support for a U.N. Security Council rebuke that South Korean leaders had hoped for during Chinese Premier Wen Jiabao's high-profile visit.
(By Blaine Harden, The Washington Post)

80 die in mosque attacks in Pakistan
Minority sect targeted Taliban group in east claims responsibility
(By Rizwan Mohammed and Karin Brulliard, The Washington Post)

Options studied for a possible Pakistan strike
EXTREME CIRCUMSTANCES
Unilateral action after successful attack in U.S.

(By Greg Miller, The Washington Post)

When Web sites see all -- and tell all, too
As Facebook and Google track every click you make, the data increasingly are the subject of subpoenas
(By Ariana Eunjung Cha, The Washington Post)

Meeting sought on Middle East nuclear-free zone
Language on Israel could hinder plans, U.S. officials say
(By Mary Beth Sheridan and Colum Lynch, The Washington Post)

More World

METRO
Updated plan for Tysons gets nod
For five years, Fairfax officials have struggled to find a balanced approach to redeveloping Tysons Corner, the nation's 12th largest employment center and the county's economic engine.
(By Kafia A. Hosh, The Washington Post)

New rail cars invite Metro commuters to get comfy
(By Lisa Rein, The Washington Post)

From Bulgaria to missing in U.S.
Teen left Va. guardians only to reappear in an Ore. jail a decade later
(By Christian Davenport and Clarence Williams, The Washington Post)

A 21st-century ride
(The Washington Post)

Kickoff events for Memorial Day weekend
(The Washington Post)

More Metro

BUSINESS
After 71 years, Mercury's aura sputters
To the list of automobile brands abandoned during the economic crisis, historians might soon add the storied Mercury.
(By Peter Whoriskey, The Washington Post)

Holiday drivers will see a drop at the pump
Investor jitters about global economy have sent oil prices tumbling
(By Tomoeh Murakami Tse, The Washington Post)

A modest jobs bill signals shift on Hill
Lawmakers weigh aid to unemployed against a growing national deficit
(By Lori Montgomery and Shailagh Murray, The Washington Post)

Personal incomes up, but consumer spending flat in April
(By Ylan Q. Mui, The Washington Post)

What the bill would do
(The Washington Post)

More Business

TECHNOLOGY
When Web sites see all -- and tell all, too
When Disa Powell's husband and brother were badly burned in an electrical explosion while conducting maintenance at a Wal-Mart store and the family sued, the defense went after something she never expected: her online life.
(By Ariana Eunjung Cha, The Washington Post)

Golf ball-size oil globs found 75 miles from rig
(By Juliet Eilperin, David Fahrenthold and Alec MacGillis, The Washington Post)

More Technology


SPORTS
Lakers appear ready to win for long haul
EL SEGUNDO, CALIF. The common thought surrounding the Lakers' chances of sustained success over the next three to five years: Kobe Bryant's teammates can occasionally be a bunch of enigmatic, California-flaky role players who just might not grow and mature into an NBA dynasty, let alone a multiple...
(By Mike Wise, The Washington Post)

No. 1 Terrapins are back in championship game
McFadden's four goals on her birthday lead Maryland to win
(By Zach Berman, The Washington Post)

Miles apart, Strasburg and Aztecs still close
Presence of Nationals' No. 1 pick is still felt at San Diego State
(By Adam Kilgore, The Washington Post)

Five-run eighth sends Athletics past Orioles
(By baltimore sun, The Washington Post)

Starsia's teams succeed in good times and bad
Despite tragedy, U-Va. coach has squad in Final Four
(By David Nakamura and Steve Yanda, The Washington Post)

More Sports

STYLE
Wasilla, Alaska, lacks a good neighbor policy
According to Joe McGinniss, the offer to rent the house next to Sarah Palin's came because the landlord trusted him to respect the former governor's privacy.
(By David Weigel, The Washington Post)

Along Gulf Coast, a wave of emotion
Environmentalists express anguish, anger -- and a new resolve -- over the oil spill
(By Lonnae O'Neal Parker, The Washington Post)

One party, steeped in singular discontent
Mary Rakovich's protest against the stimulus erupted into a national movement
(By David Montgomery, The Washington Post)

A ballplayer in a league of her own
(By Howard Frank Mosher, The Washington Post)

Along with dancing shoes, DeGeneres puts on record-mogul hat
(By Nekesa Mumbi Moody, The Washington Post)

More Style


Much ado about Mr. Sestak
OKAY, if all the facts are out, then we would agree: Nothing inappropriate happened. On the basis of the memorandum issued Friday by White House Counsel Robert F. Bauer, the Joe Sestak job-for-dropping-out-of-Senate-race scandal is a non-scandal -- except for the White House's bungling of the epi...
(The Washington Post)

Closer to repeal
Historic votes are cast, but hurdles remain for ending 'don't ask, don't tell'
(The Washington Post)
 

MarketWatch: Weekly Roundup.- The week's top videos. May 29th., 2010


MarketWatch

Weekly Roundup
MAY 29, 2010

The week's top videos

By MarketWatch



In case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of May 24-28:

Animation: 'Top kill' procedure

Animated footage of the "top kill" procedure which BP will perform later this week at the Deepwater Horizon site in an effort to stop the leak.
 Watch Video Report.


Dell's Streak takes on Apple's iPad

Ben Pimentel has details on the debut of Dell's Streak, a tablet computer that operates on Google's Android platform and is aimed at competing with Apple's iPad.
 Watch Video Report.


Journalist hurt in Thailand speaks

Nelson Rand, a videographer for France 24, was shot three times while covering the Thai protests. Now recovering, he discusses his accident.
 Watch Video Report.


Niall Ferguson: Investing amid uncertainty

Economic historian and author of The Ascent of Money: A Financial History of the World, Niall Ferguson gives his predictions on gold prices, emerging markets and the Swiss franc. Ferguson also tells Dow Jones Veronica Dagher where he's investing his money amid the uncertainty.
 Watch Video Report.


Red-flag market gauges recall '08 crisis levels

Rising rates in credit-market gauges like Libor and the "TED spread" are just a few of the signs that corporate-lending conditions may be seizing up the way they did in the crisis of 2008, says Jay Mueller of Wells Capital Management. Interview by MarketWatch's Laura Mandaro in San Francisco.
 Watch Video Report.


Rex on Techs: Don't write off RIM

April and May may have been the cruelest months for Research In Motion, but just you wait for the new BlackBerry 6 operating system and new handsets. Rex Crum reports.
 Watch Video Report.


Revolution investing: Don't panic

The time to get fearful is when other people are greedy, and people are not greedy right now, according to Fox Business anchor Cody Willard, who advises taking the other side of the prevalent, extreme emotions particularly in technology.
 Watch Video Report.


Risk aversion or bank panic?

As European markets drop sharply from renewed bank jitters, particularly in Spain, banks across Europe were forced to pay more for short-term dollar loans than banks in the U.S. Dave Kansas, Bob O'Brien and Neal Lipschutz discuss. Also, renewed tensions flare on the Korean peninsula
 Watch Video Report.


Is gold the next bubble?

With gold having run up to record prices of late, some have wondered whether the yellow metal is likely to be the next bubble? Brett Arends discusses.
 Watch Video Report.


Two packs a day at two years old

A two-year-old Indonesian toddler is addicted to smoking cigarettes, after taking up the habit when he was 18 months old.
 Watch Video Report.


See the week's Top 10 news and analysis stories.

See the week's 10 best Personal Finance stories.

MarketWatch : Personal Finance Daily .- This week's top Personal Finance Stories. May29th, 2010

MarketWatch
Personal Finance Daily
MAY 29, 2010

This week's top Personal Finance stories

By MarketWatch



In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of May 24-28:

Memorial Day ushers in a summer of cheap gas

Here's a switch in gears: The Memorial Day weekend is the traditional start to the summer driving season -- and higher gas costs, but this year pump prices have been on a steady decline and are expected to fall further by midsummer.
See story on drivers may enjoy lower prices at the pump through June.


Make sure your portfolio profits in losing markets

With the U.S. stock market in May sliding to its biggest monthly drop in more than a year, the bears are back. Is your portfolio prepared?
See Weekend Investor.


House extends jobless benefits, tax breaks

The House of Representatives voted Friday, 215 to 204 to extend unemployment-insurance benefits through November as part of a wide-ranging bill that includes a tax hike on hedge-fund managers plus the renewal of a slew of expired middle-class tax perks.
See story on House votes to extend jobless benefits, tax breaks.


Five ways to keep your kids safe this summer

As summer approaches, so does the prime injury season for children. Parents have different ideas about how to keep their kids safe, but their assumptions don't always match up with some of the biggest known threats.
See Vital Signs.


Home buyers: Get the most for your money

The nation's housing inventory is cluttered with foreclosures, short sales and home builders willing to make a deal. If you're in the market to buy a home today, you're likely weighing the benefits of each type of property available for purchase.
See Amy Hoak's Home Economics.


Got a steep college bill? What to do now

If you're a parent who's been hit with financial body blows because of a job loss, depreciated assets or even just higher-than-expected tuition, you may be worried about how to pay the college bills coming due now.
See Jennifer Openshaw.


Five-star mutual funds don't live up to their past

Tim Courtney decided he'd had enough. In meeting after meeting this year, he and his colleagues at Burns Advisory Group had recommended mutual funds to prospective clients, only to be hit with the same response almost every time: Why are you telling me to invest in a three-star rated fund?
See story on five-star mutual funds don't live up to their past.


Save money by tapping into crowd's clout

The recession has transformed more consumers into discount shoppers, and now websites that harness the power of group purchasing are helping them get even better deals.
See Jennifer Waters's Consumer Confidential.


Ready for retirement? Here's your checklist

What does it take to make the move from a working life to retirement, and to make that move successfully? Not unlike the planning involved in any trip, you need a checklist to make sure you have everything you need to get from one place to another.
See Robert Powell.


Follow your parents' career path? Not that

I love journalism, but I'm not eager for my 9-month-old baby to grow up and become the next Mike Royko. Media companies have been slashing jobs for years, and I'd prefer Eve pursue a field with more open doors.
See Diary of a Recession Baby.