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May 13, 2012

Smartcompany News and Analysis: Revealed: The “trap” that could make the loss carry-back tax break hard to claim, Retail chain collapses, World’s richest mums, Yahoo CEO gone

smart company logo image

At first glance, the loss carry-back proposal introduced by the government in last week’s budget looks great for SMEs. But, as deputy editor Cara Waters reports, there are a few catches emerging from the fine print and today she reveals a key “trap” that could make it hard for businesses to offset losses against profits.

We also look at the collapse of retail chain Game, examine why private companies are remaining upbeat, and look at Yahoo’s decision to move on its CEO Scott Thompson over that resume gaffe. Plus in Entrepreneur Watch, James Thomson looks at how James Packer got his groove back.

Wealth
The world’s richest mothers
Each year, Mother’s Day provides us with an opportunity to reflect on how the wonderful women who brought us into the world have shaped, guided and provided for us. BY JAMES THOMSON.
Features

Property
Balance returning between buyers and sellers in property markets
Key vendor metrics such as the average time on market and average level of vendor discount remain at elevated levels but have been showing some modest improvement over recent months. BY CAMERON KUSHER.
Features

Aunty B
I’m paralysed with fear about life after my business – what am I going to do?
Leaving your business can be just as daunting as starting out and you need to have a plan or two to make it work.
Aunty B

Selling
Sue Barrett
Buyers in the 21st Century are intelligent, connected and tech-savvy consumers who know what they want. In other words, they're now in the driver's seat.
Ask the Experts

Behavioural Economics
Bri Williams
If you’ve often suspected that customers like to play it safe and go for the middle ground, there’s now research to back up your hunch.
Smart Blogs

Enterprise Leadership
Dennis Roberts
Tax time is coming and it’s important to know that a good accountant can do a lot more for your business than just tax minimisation.
Smart Blogs

Retail trends
Kevin Moore
Keeping a store stocked with items shoppers want sounds like it should be easy - but retail forecasting can be a tricky business.
Smart Blogs

Entrepreneur Watch
James Thomson
James Packer’s pitch for a Sydney casino continues, and with good reason – he's got his groove back.
Entrepreneur Watch

The fracturing of big law: The Washington Post | Capital Business

The Washington Post

Capital Business

Today's Cover Story

The fracturing of Big Law

Catherine Ho MAR 13
Both Dewey & LeBoeuf and Howrey rapidly expanded into international players in the past decade. But 14 months ago, Howrey collapsed. And now Dewey seems to be following suit. Is this unlucky coincidence or is this a warning for large firms?

Latest news from Capital Business

New designs for the nation's capital

Jonathan O'Connell MAR 13
With talk of lifting the height limit in the District, we asked architects for their most radical ideas.

Advertising with a spin, and tricks

Abha Bhattarai MAR 13
Aarrow Advertising, co-founded by a Georgetown student, now has 2,000 sign spinners worldwide.

Employment lawyer fights regulations

Catherine Ho MAR 13
Q&A | Eugene Scalia heads Gibson Dunn's 45-attorney labor and employment group in Washington.

Bankruptcy filings down in region

Danielle Douglas MAR 13
Business and personal bankruptcy filings in the region fell through the first four months of 2012.

For CACI, caution and optimism

Marjorie Censer MAR 13
The company said earlier this month that it too is feeling the "budgetary pressures affecting our clients."

Nonprofits expecting better year

J.D. Harrison MAR 13
A new study finds there's reason to believe the tides may start to turn for local nonprofits in 2012.

'Zombie' firm needs right employees

MAR 13
Business Rx | Reed Street Productions organizes zombie-infested 5k obstacle races.

9-to-5 with a bit of salsa

Abha Bhattarai MAR 13
Life at work | Forget 'Dancing with the Stars.' Welcome to Dancing with your Co-Workers.

Balancing 'mom' and 'executive' roles

Vickie Elmer MAR 13
Susan Lavington is a rarity among women in senior corporate positions — she has four young children.

Advice for blushers and job hunters

MAR 13
Career Coach | Read excerpts from Joyce E.A. Russell's online chat with readers last week.

ICE Futures U.S.: Weekly Analysis of US Equity and Currency Markets


http://content.mkt51.net/ra/2012/19107/05/4208639/ice_market_commentary_header.jpe

Weekly Analysis of US Equity and Currency Markets

Get your trading week started with video outlooks on the US equity and currency markets. Nick McDonald, of Trade With Precision presents a concise technical analysis of these markets for the week ahead, using the Russell 2000® index and the ICE US Dollar Index® as pivotal focuses.

View the video market commentaries »

NYT Global Update: With Clash on Debt Ongoing, Greek Talks Near Collapse




Global Update

TOP NEWS

With Clash on Debt Ongoing, Greek Talks Near Collapse

By RACHEL DONADIO and NIKI KITSANTONIS
The leader of a left-wing party that favors rejecting Greece's loan agreement with foreign creditors again refused to join a unity coalition, making a new election almost a given.

In Rebuke to Merkel's Party, Social Democrats Win German Vote

By NICHOLAS KULISH
The election in Germany's most populous state is likely to embolden opposition to Chancellor Angela Merkel as the European debt crisis enters a critical new phase.

Member of Afghan Peace Council Is Assassinated

By ROD NORDLAND and JAWAD SUKHANYAR
A gunman shot and killed Mullah Arsala Rahmani, a former Taliban minister who was an important go-between in potential peace talks, on Sunday morning, an official said.
Travel

Slide Show: Worshiping in Vietnam

Inside an ornate temple where the Cao Dai faithful gather.
Opinion

Op-Ed Contributors

Critical Threshold in the Iran Crisis

By HOSSEIN MOUSAVIAN and KAVEH AFRASIABI
Only prudent diplomacy by both sides can produce positive results at the Iran nuclear talks in Baghdad.
WORLD

Spy Balloons Become Part of the Afghanistan Landscape, Stirring Unease

By GRAHAM BOWLEY
Cheaper and easier than drones for doing surveillance, enormous helium balloons with cameras on board get mixed reviews from Afghans.

Gunmen in Afghan Police Uniforms Kill 2 NATO Soldiers

By GRAHAM BOWLEY
NATO did not confirm the nationality of the victims, but a spokesman for the governor of Helmand Province said that they were British soldiers.
BUSINESS

Amid Signs of Economic Weaknesses, China to Free Cash for Lending

By KEITH BRADSHER   
After this week's disappointing economic figures, China's central bank said Saturday that it would reduce the share of deposits banks must set aside as reserves.

Dimon Says JPMorgan Made an 'Egregious Mistake'

By JESSICA SILVER-GREENBERG
Jamie Dimon, chief of JPMorgan Chase, said in an interview that he was "dead wrong" when he dismissed concerns about the bank's trading a month before it disclosed a $2 billion loss.

JPMorgan Sought Loophole on Risky Trading

By EDWARD WYATT
JPMorgan Chase fought for the ability for banks to make big bets in their portfolios, including some of the types of trading that led to the $2 billion loss now rocking the bank.
TECHNOLOGY

The Education of Mark Zuckerberg

By EVELYN RUSLI, NICOLE PERLROTH and NICK BILTON
Facebook's founder and 28-year-old C.E.O. will soon face the unfamiliar landscape of running a public company, monitored by a merciless stock market.

Hints of Facebook's Future May Lie in Its Shopping List

By JENNA WORTHAM
Because Facebook tends to be tight-lipped about its plans, the company's string of acquisitions may reveal a lot about the course it is charting.
Bits Blog

Disruptions: Facebook's Real-Life 'Spidey Sense'

By NICK BILTON
Facebook is more tapped into the pulse of people online than any company on the planet; as a result, it has the inside track to what is becoming more popular in a way that its many competitors do not.
SPORTS

Federer Vaults Past Nadal for Into World No.2

By RAPHAEL MINDER
Federer's 3-6, 7-5, 7-5 victory over Tomas Berdych in Madrid on Sunday moved him into second position in the rankings, behind Novak Djokovic.

Maldonado Wins His First Grand Prix

By BRAD SPURGEON
The Venezuelan beat Fernando Alonso of Spain across the finish line by 3.1 seconds in Barcelona to provide his Williams team its first victory since the Brazilian Grand Prix in October 2004

After 44 Years, Manchester CIty Wins Premiership

By ROB HUGHES
On the final day of the English Premier League season, City defeated Q.P.R. in the final moments of the match Sunday for the title.
U.S. NEWS
South Kingstown Journal

In Rhode Island, Protecting a Shoreline and a Lifeline

By JESS BIDGOOD
Coastal erosion near Matunuck has imperiled seafront structures and threatened the only road that residents can use to get in and out.

Shortfall in California's Budget Swells to $16 Billion

By ADAM NAGOURNEY
The rise in California's projected budget deficit, from $9.2 billion in January, is forcing state officials to propose a new series of midyear cuts in already battered programs.

For Tea Party, Focus Turns to Senate and Shake-Up

By JENNIFER STEINHAUER and JONATHAN WEISMAN
Tea Party-backed Republican candidates for the Senate are looking to infuse the upper chamber with the deep-seated conservatism that is present in the House.
OPINION
Op-Ed Contributor

Diagnosing the D.S.M.

By ALLEN FRANCES
The time has come for us to admit that psychiatric diagnosis is too important to be left exclusively in the hands of psychiatrists.
Op-Ed Columnist

Mean Boys

By CHARLES M. BLOW
A Washington Post article this week that described a high-school-aged Mitt Romney doing some menacing things was disturbing.
Op-Ed Columnist

The Anatomy of a Jokester

By GAIL COLLINS
People, should we really be going back to a politician's high school days? Stuff from high school shouldn't count, except to help show a pattern of lifelong fun.

The Washington Post | Sunday may 13, 2012 Headlines

The Washington Post

TODAY'S HEADLINES
TODAY'S HIGHLIGHTS
Gen. John Allen hastily transforming U.S. mission in Afghanistan
Instead of trying to continue large U.S. counterinsurgency operations for as long as he can, Gen. John Allen is accelerating a handover of responsibility to Afghan security forces.
(By Rajiv Chandrasekaran)

Amid the rhetoric, living the reality
Linda and Gloria Bailey-Davies have been together 41 years and were among the first gay couples to marry in the U.S.
(By Eli Saslow)

Culture war looms as Israel pledges to end ultra-Orthodox military exemptions
Military exemptions for ultra-Orthodox religious students have fueled resentment among Israel’s secular majority.
(By Karin Brulliard)

A trial of Edwards’s morals, actions
In an increasingly tawdry drama, the subdued defendant is balanced against the absence of many supporting characters on the stand.
(By Manuel Roig-Franzia)

Capitals stopped short in Game 7
New York scores on its first shot of the night just 1:32 in and never looks back as the Capitals fail to generate enough scoring opportunities and fall one victory shy of their first berth in the conference finals since 1998.
(By Katie Carrera)

NATION
Nurse practitioners look to meet increased demand
As health policy experts anticipate that the wave of new insurance subscribers will lead to a spike in demand for medical services, a battle is heating up over who will provide that care.
( by Sarah Kliff , The Washington Post)

GOP stalls on insurance marketplaces
As Jan. 1 deadline looms, Republican-led states resist setting up “exchanges” at heart of 2010 health-care law.
( by N.C. Aizenman , The Washington Post)

Amid the rhetoric, living the reality
Linda and Gloria Bailey-Davies have been together 41 years and were among the first gay couples to marry in the U.S.
( by Eli Saslow , The Washington Post)

Body mass index: A vital sign?
Making the measurement a standard part of a doctor’s visit is among a new set of strategies recommended for battling obesity.
( by Judith Graham Kaiser Health News , The Washington Post)

Gen. John Allen hastily transforming U.S. mission in Afghanistan
Instead of trying to continue large U.S. counterinsurgency operations for as long as he can, Gen. John Allen is accelerating a handover of responsibility to Afghan security forces.
( story by Rajiv Chandrasekaran | in GELAN, Afghanistan , The Washington Post)

More National: Breaking National News & Headlines - Washington Post



METRO
A reminder of past Sunday dinners
ESSAY | A Mother’s Day-inspired ode to a grandmother who made the perfect meal every week. Hers was Soul Food, food for the soul. And her Sunday dinner was the glue in the family, like flour and water -- always spiced with drama.
( by DeNeen L. Brown , The Washington Post)

Energy-efficient lights for D.C.’s alleys
D.C. replaces its old lights in its alleys with cost-saving LEDs.
( by Martin Weil , The Washington Post)

Pair plead guilty to robbing pizza deliveryman; snapped photo of food
Two plead guilty in last year’s holdup in Northeast, in which they stole the food they ordered, $200 and a cellphone.
( by Martin Weil , The Washington Post)

Alexandria Council approves area redevelopment plan
A redevelopment issue in Alexandria highlights a struggle over who controls a community’s future: those who own the property or those who live and work there.
( by Patricia Sullivan , The Washington Post)

Kensington mayor repays town
Peter Fosselman was improperly reimbursed by the town for campaign contributions he made to fellow politicians.
( by Victor Zapana , The Washington Post)

More Post Local: Washington, DC Area News, Traffic, Weather, Sports & More - The Washington Post


POLITICS
Kensington mayor repays town
Peter Fosselman was improperly reimbursed by the town for campaign contributions he made to fellow politicians.
( by Victor Zapana , The Washington Post)

Senate race in Fla. off to a slow start
As GOP challengers head toward the August primary, the Democratic incumbent is taking a low-key approach.
( by Rosalind S. Helderman , The Washington Post)

Romney’s Liberty U. speech avoids Mormon faith
In his commencement address at Liberty University, Romney made no mention of his Mormon faith.
( by Philip Rucker , The Washington Post)

As Md. goes full steam ahead on health reform law, Va. takes pragmatic path
While Maryland enthusiastically prepares, GOP-led Virginia is no longer the standard-bearer for “Obamacare” recalcitrance.
( by Laura Vozzella , The Washington Post)

Ward 5 candidates’ views on safety, transportation and development
Voters go to the polls Tuesday to elect a council member to replace Harry Thomas Jr.
( by Tim Craig , The Washington Post)

More Post Politics: Breaking Politics News, Political Analysis & More - The Washington Post


STYLE
Husband won’t wear wedding ring? Ask him why.
Our advice columnist’s opinion of married men who refuse to wear rings is as varied as the men themselves are.
(, The Washington Post)

A trial of Edwards’s morals, actions
In an increasingly tawdry drama, the subdued defendant is balanced against the absence of many supporting characters on the stand.
( by Manuel Roig-Franzia , The Washington Post)

More Style: Culture, Arts, Ideas & More - The Washington Post


SPORTS
Maryland women advance in first round
Brooke Griffin had three goals and three assists to lead third seed Maryland past Massachusetts 15-12 Saturday in the first round of the NCAA women’s lacrosse tournament.
( Associated Press , The Washington Post)

Lundqvist thwarts Capitals
Rangers goalie Henrik Lundqvist showed why he’s a finalist for both the Hart and Vezina trophies by limiting the Capitals’ scoring opportunities.
( by Tarik El-Bashir , The Washington Post)

TV and radio listings: May 13
TV and radio listings: May 13
(, The Washington Post)

Victory comes at a price for Nationals
Catcher Wilson Ramos becomes the latest to suffer a potential season-altering injury after twisting his knee chasing a passed ball and needing help to limp off the field.
( by Adam Kilgore , The Washington Post)

Capitals lose series, gain identity
OPINION | Though Game 7 was another heart-wrenching defeat for Washington, the Capitals may have finally found what they’ve been looking for: a team identity.
(, The Washington Post)

More Sports: Sports News, Scores, Analysis, Schedules & More - The Washington Post


WORLD
Ex-Taliban leader-turned peace negotiator shot dead in Afghan capital
Former Taliban leader Arsala Rahmani was assassinated by an unidentified gunman in Kabul on Sunday.
( by Sayed Salahuddin , The Washington Post)

Syria’s resurgent Muslim Brotherhood
After three decades of persecution that virtually eradicated its presence, the Syrian branch of the Islamic group has resurrected itself amid the revolt to oust President Assad.
( by Liz Sly , The Washington Post)

Coptic Christians fear rise of Islamists on eve of presidential elections
Most of Egypt’s Christians are rallying behind former members of Mubarak’s government.
( by Leila Fadel , The Washington Post)

Gen. John Allen hastily transforming U.S. mission in Afghanistan
Instead of trying to continue large U.S. counterinsurgency operations for as long as he can, Gen. John Allen is accelerating a handover of responsibility to Afghan security forces.
( story by Rajiv Chandrasekaran | in GELAN, Afghanistan , The Washington Post)

In Mexico, a celebration of the mother cult
In the annual celebration of Mother’s Day on May 10, all of Mexico stops what it is doing in the afternoon and eats some serious lunch with Mom.
( by William Booth , The Washington Post)

More World: World News, International News, Foreign Reporting - The Washington Post


TECHNOLOGY
Facebook co-founder Saverin not only one to renounce U.S. citizenship
State Department says it records around 1,100 citizens voluntarily renouncing their citizenship each year, but the tax-related expatriations list from the IRS tells a different story.
( by VentureBeat.com , VentureBeat.com)

How Google is growing up into a real IT company
It’s not IBM or Cisco, but in its own way, Google is becoming a serious IT company.
( by Derrick Harris | GigaOM.com , gigaom.com)

Two schools of tech thought
At one institution, students are constantly connected. At another, educators prefer to be off the grid.
( by Cecilia Kang , The Washington Post)

More Technology News - The Washington Post


EDITORIAL
Tattered safety net
The primary program to support those with disabilities is running out of money.
(, The Washington Post)

Gateway to murder
Maryland lawmakers need to try again to get tough with a dangerous crime.
(, The Washington Post)

A united Israel
A solid front for domestic politics — and dealing with Iran and the Palestinians.
(, The Washington Post)

Don’t fall for the invisible-fee ambulance argument

(, The Washington Post)

Hit by pitch? Retaliate

(, The Washington Post)

More Opinions: Washington Post Opinion, Editorial, Op Ed, Politics Editorials - The Washington Post


BUSINESS
Foreign banks freezing out U.S. millionaires
Firms are turning away business, citing “unnecessary burdens and costs” in the looming tax-evasion law.
( by Sanat Vallikappen , The Washington Post)

Speak up on mortgage points and fees
The Consumer Financial Protection Bureau wants your opinion on mortgage points and fees.
(, The Washington Post)

App helps you get a taxi
Taxi Magic app offers a different way to grab a cab.
(, The Washington Post)

Go for a spin with Allrecipes app
The Allrecipes Dinner Spinner app pulls together a suggested recipe at random.
(, The Washington Post)

Loews chief beats Berkshire returns
James Tisch and his management team have outperformed the value investor and serial acquirer to whom they’re often compared: Warren Buffett.
( by Richard Teitelbaum , The Washington Post)

More Business News, Financial News, Business Headlines & Analysis - The Washington Post

NYT Today's Headlines | Top News - May 13, 2012: U.S. May Scrap Costly Efforts to Train Iraqi Police

Today's Headlines



TOP NEWS

U.S. May Scrap Costly Efforts to Train Iraqi Police

By TIM ARANGO
The State Department could jettison a multibillion-dollar training effort by the end of 2012 that has emerged as the latest high-profile example of America's waning influence in the country.

Tea Party Focus Turns to Senate and Shake-Up

By JENNIFER STEINHAUER and JONATHAN WEISMAN
Tea Party-backed Republican candidates for the Senate are looking to infuse the upper chamber with the deep-seated conservatism that is coursing through the House.
Degrees of Debt

A Generation Hobbled by the Soaring Cost of College

By ANDREW MARTIN and ANDREW W. LEHREN
Nearly everyone pursuing a bachelor's degree is borrowing money, and as prices soar, a college degree often comes with an unprecedented financial burden.
QUOTATION OF THE DAY
"I'll be paying this forever."
CHELSEA GROVE, 24, who dropped out of Bowling Green State University and owes $70,000 in student loans.

Sports

Video: Ashima's Ascent

Ashima Shiraishi, an 11-year-old bouldering enthusiast from New York City, has been turning more than a few heads in the climbing world.
Opinion
Op-Art

Thanks, Maurice

Artists and designers pay homage to Maurice Sendak.
WORLD

Echoing Out of Texas, Chinese Voice of Dissent for Religious Freedom

By ANDREW JACOBS
Bob Fu, a Chinese-born pastor who started the dissident group ChinaAid, was instrumental in calling attention to the plight of the activist Chen Guangcheng.

A New Amenity May Show Up on Some London Roofs for the Olympics: Missiles

By SARAH LYALL
The British Ministry of Defense has notified residents of some buildings that it might install air-defense systems on roofs to protect the Olympics.

Spy Balloons Become Part of the Afghanistan Landscape, Stirring Unease

By GRAHAM BOWLEY
Cheaper and easier than drones for doing surveillance, enormous helium balloons with cameras on board get mixed reviews from Afghans.
U.S.

Shortfall in California's Budget Swells to $16 Billion

By ADAM NAGOURNEY
The rise in California's projected budget deficit, from $9.2 billion in January, is forcing state officials to propose a new series of midyear cuts in already battered programs.

Cutbacks Hurt a State's Response to Whooping Cough

By KIRK JOHNSON
Efforts in Washington State to address a resurgent childhood ailment have been hobbled by years of recession-induced budget cuts that have hollowed out public health departments.
South Kingstown Journal

In Rhode Island, Protecting a Shoreline and a Lifeline

By JESS BIDGOOD
Coastal erosion near Matunuck has imperiled seafront structures and threatened the only road that residents can use to get in and out.
POLITICS

Romney Tells Evangelicals Their Values Are His, Too

By ASHLEY PARKER
Speaking at Liberty University, Mitt Romney sought to quell concerns among evangelical voters by offering a forceful defense of Christian values and faith in public life.
Political Memo

After Divisive Primary, Shifting to the Center

By JOHN HARWOOD
After a primary battle that tugged Mitt Romney to the right, the presumptive Republican nominee is adopting tried and tested techniques to "look more centrist" in the main race.

Obama and Biden Honor Officers in Ceremony

By JACKIE CALMES
President Obama and Vice President Joseph R. Biden Jr. appeared together for the first time after a week of tension over the issue of same-sex marriage.
BUSINESS

Writer's Cramp: In the E-Reader Era, a Book a Year Is Slacking

By JULIE BOSMAN
Some authors, like the novelist James Patterson, are producing 12 or more books a year to satisfy readers who are increasingly used to on-demand entertainment.
Fair Game

At JPMorgan, the Ghost of Dinner Parties Past

By GRETCHEN MORGENSON
The $2 billion trading loss disclosed last week by JPMorgan Chase shows how the tables have turned on the bank and its chief executive, an industry point man against tighter regulation.

Amid Signs of Economic Weaknesses, China to Free Cash for Lending

By KEITH BRADSHER   
After this week's disappointing economic figures, China's central bank said Saturday that it would reduce the share of deposits banks must set aside as reserves.
TECHNOLOGY

The Education of Mark Zuckerberg

By EVELYN RUSLI, NICOLE PERLROTH and NICK BILTON
Facebook's founder will soon face the unfamiliar landscape of running a public company, monitored by a merciless stock market.
Digital Domain

Meet Your Neighbors, if Only Online

By RANDALL STROSS
Nextdoor.com provides social networks for neighborhoods, offering members a chance to exchange ideas and recommendations with those who live nearby.
App City

The Push to Make Cab Rides Smarter

By JOSHUA BRUSTEIN
The most ambitious projects are smartphone apps that book and pay for taxi cabs directly.
SPORTS
Game 7: Rangers 2, Capitals 1

Rangers Win Game 7, Setting Up Series With the Devils

By JEFF Z. KLEIN
The Rangers won another closely fought Game 7, advancing to the Eastern Conference finals for the first time since 1997 on goals from Brad Richards and Michael Del Zotto.

A Daring Move Sets the Tone as Lundqvist Seizes the Moment

By CHRISTOPHER BOTTA
Henrik Lundqvist's acrobatic goaltending kept his team in the game when the Capitals had a pair of lengthy sequences with the puck at the Rangers' end.
Yankees 6, Mariners 2

Strong Start by Hughes Carries Yankees

By ZACH BERMAN
Phil Hughes won consecutive starts, Raul Ibanez homered for the second day in a row and the Yankees beat their former prospect Hector Noesi.
ARTS

Prime-Time Stern

By BILL CARTER 
The satellite radio shock jock Howard Stern says he will show a more temperate side as a judge on NBC's competition show "America's Got Talent."

Family Ties, Knotted Up in the Lyrics

By DAVID CARR
With Loudon Wainwright III's new album as inspiration, the family Wainwright gathers to give a shared concert.

From Earth to Mars, at the Armory

By RANDY KENNEDY
The artist Tom Sachs is going on a mission to Mars, but it will only go as far up as Manhattan's Upper East Side, where he will examine the compulsion to explore outer space.
NEW YORK / REGION
A System Divided

'Why Don't We Have Any White Kids?'

By N.R. KLEINFIELD
A charter school in Brooklyn is indicative of a larger problem in New York City's public school system, one of the most segregated in the nation.

New York Police Release Data Showing Rise in Number of Stops on Streets

By AL BAKER
The latest figures, which cover the first three months of 2012, drew criticism of policies but also coincided with a drop in homicides.
Character Study

Gone Hollywood, With Subtitles

By COREY KILGANNON
Somasundaram Gunasegaram turned to showing American movies to keep his Bollywood theater in Queens afloat. But he is already $100,000 behind on rent.
MAGAZINE

In Libya, the Captors Have Become the Captive

By ROBERT F. WORTH
The future of Libya depends on mercy or revenge.

Joe Weisenthal vs. the 24-Hour News Cycle

By BINYAMIN APPELBAUM
One man's ruthless, relentless pursuit of market minutiae.

Can You Call a 9-Year-Old a Psychopath?

By JENNIFER KAHN
Psychologists now believe fledgling psychopaths can be identified as early as kindergarten. The hope is to teach these children empathy before it's too late.
EDITORIALS
Editorial

Harming the Troops

House Republicans passed two measures that discriminate against gay soldiers. The Senate needs to strip the offensive amendments from the final bill.
Editorial

The Battle for Westchester

Westchester County must end its deeply embedded segregation patterns as federal law and a 2009 settlement explicitly require.
Editorial

Haiti's Cholera Crisis

The United Nations and the international community have a responsibility to meet the crisis head-on. There are pledges to fulfill, dollars to deliver and lives to save.
SUNDAY REVIEW
Opinion

Greek Tragedy

By ARIANNA HUFFINGTON
Greece has always been devoted to its children. When the future of those children is diminished, the future of the country will be diminished, too.
Op-Ed Columnist

Seeking Original Bliss

By MAUREEN DOWD
Oops, he did it again. Joe Biden speaks truth to power (the president) on gay marriage.
Op-Ed Columnist

Winning the News Cycle, Losing the Race

By ROSS DOUTHAT
The Obama White House has worked to change the subject to social issues. But in a pocketbook election, it helps to focus on pocketbook anxieties.
ON THIS DAY
On May 13, 1981, Pope John Paul II was shot and seriously wounded in St. Peter's Square by a Turkish assailant, Mehmet Ali Agca.