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The Two-Way
8:40 am
Thu June 28, 2012

Jobless Claims Dip Only Slightly; First-Quarter GDP Estimate Unchanged

Two fresh bits of economic data, neither of which change the picture much if at all:

-- The Employment and Training Administration says there were 386,000 first-time claims for unemployment insurance last week, down 6,000 from the week before. But it also revised up that previous week's estimate, from the initial report of 387,000.

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Shots - Health Blog
8:24 am
Thu June 28, 2012

Waiting Almost Over For High Court Decision On Health Care Law

The scene outside the U.S. Supreme Court this morning: lights, camera and soon action.
Scott Hensley NPR

Originally published on Thu June 28, 2012 9:45 am

Outside the U.S. Supreme Court early this morning, there were some tired faces, quite a few smiles and the vibe you sometimes feel when a pack of marathoners is nearing the finish line.

Everyone's tired, but there's a sense of anticipation that the long legal slog is almost over.

Three months after historic arguments before the high court over the constitutionality of the administration's sweeping health care law, we're about to find out if it will hold up.

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The Two-Way
8:03 am
Thu June 28, 2012

News Corp. Confirms Split; Rupert Murdoch Will Chair Both Companies

Rupert Murdoch, chairman and CEO of News Corp., with one of his company's British tabloids.
Arthur Edwards News International/Getty Images

Saying that the move will create two companies, one a "world-class" publisher and the other an "unmatched global media and entertainment" giant, Rupert Murdoch's News Corp. just confirmed it is planning to separate into two distinct units.

Murdoch, a legend in the news and entertainment businesses whose TV ventures include Fox News Channel, will "serve as chairman of both companies and CEO of the media and entertainment company," the company added.

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The Two-Way
7:42 am
Thu June 28, 2012

JPMorgan's Losses 'May Reach $9 Billion'

JPMorgan Chase & Co. headquarters in New York.
Emmanuel Dunand AFP/Getty Images
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The Two-Way
7:21 am
Thu June 28, 2012

'Hell In The Rearview Mirror' As Coloradoans Flee Wildfires

Mikke Carlson took photos of the smoke from the Waldo Canyon fire while wearing a gas mask on Wednesday in Colorado Springs, Colo.
Chris Schneider Getty Images

Originally published on Thu June 28, 2012 2:27 pm

Update at 2:30 p.m. ET. Our Latest Headline:

Good News: 'Great Progress' Reported In Fighting Colorado Springs Fire.

Our original post:

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The Salt
3:25 am
Thu June 28, 2012

Unlike Chicken And Pork, Beef Still Begins With Small Family Ranches

Barbara and Norman Roux stand in front of cattle pens on their farm outside of Moundridge, Kan., where she has raised cattle for nearly 70 years.
Peggy Lowe Harvest Public Media

Originally published on Thu June 28, 2012 7:47 pm

In the chicken and pork industries, nearly every aspect of the animals' raising has long been controlled by just a handful of agriculture conglomerates. But the cattle industry is still populated by mom-and-pop operations, at least at the calf-raising level.

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Middle East
3:17 am
Thu June 28, 2012

In A Syrian Souk, Support For The Regime Falters

People walk through Hamidiyah market in Damascus, Syria, Feb. 28. The merchants of this landmark bazaar were once ardent supporters of President Bashar Assad. That's no longer the case.
Bassem Tellawi AP

Originally published on Thu June 28, 2012 8:25 pm

In Syria's capital, Damascus, the Hamidiyah souk is a landmark — a centuries-old covered market linked to a maze of alleyways in the heart of the capital. Over the 15-month uprising, Syria's merchants have supported the regime of President Bashar Assad. But that support is crumbling.

Shops selling everything from cold drinks, ice cream and spices to wedding dresses and electric guitars line Hamidiyah's cobblestone streets.

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Asia
3:17 am
Thu June 28, 2012

Amid Fierce Debate, Japan To Restart Nuclear Plants

Anti-nuclear activists in front of the prime minister's official residence in Tokyo, June 22. Some 20,000 demonstrators protested against the Japanese government's decision to restart two idle nuclear reactors in western Japan, ending a brief period without any nuclear power generation.
Rie Ishii AFP/Getty Images

Originally published on Thu June 28, 2012 12:34 pm

After taking all 50 of its nuclear reactors offline following a devastating accident last year, Japan is planning to restart the first of two of them in western Fukui prefecture as early as Sunday.

The catastrophe at the Fukushima Dai-ichi nuclear plant in March 2011 forced Japan to scale back plans to aggressively expand its nuclear energy sector. But the highly controversial move to restart the two reactors on the other side of the country is a sign that the nuclear power lobby isn't throwing in the towel yet.

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Planet Money
3:16 am
Thu June 28, 2012

Going Public Is A Hassle

Meh.
Richard Drew AP

Originally published on Wed July 11, 2012 5:09 pm

Here's a classic story of how a multimillion-dollar company gets started.

A young guy named Seung Bak is on a trip to China. He gets back to his hotel room late one night and turns on the TV.

"I'm flipping through channels, and in the middle of China they are showing Korean dramas all around the clock," Bak says.

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It's All Politics
7:02 pm
Wed June 27, 2012

Romney Gets No Relief On Outsourcing Story

Mitt Romney appears with Virginia Gov. Bob McDonnell (left) on Wednesday. Romney failed to convince Washington Post journalists they were wrong to link him to the outsourcing of U.S. jobs while he led Bain Capital.
Charles Dharapak AP

Originally published on Fri June 29, 2012 3:51 pm

Ever since the Washington Post published a widely read piece last week whose central premise was that when Mitt Romney ran Bain Capital the firm invested in companies that shipped U.S. jobs abroad, President Obama, Vice President Biden and other Democrats have repeatedly cited it.

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