Business

P&G CEO Bob McDonald Steps Down After Pressure From Bill Ackman, Activist Investor (PG)

Bob McDonald, the 59-year-old CEO of Procter & Gamble and a 33-year veteran of the company, has stepped down suddenly. He will be replaced by an old hand: his predecessor, A.G. Lafley (presumably on a temporary basis — Lafley's 65 and has … [Read More...]

This 6-Person Startup ‘Won’ SXSW — And It’s Nearly Profitable After Just One Year

When you think of event planning and ticketing services, companies like Ticketmaster, Eventbrite, Ticketfly, and Ticketleap probably come to mind. But event planners often times need more than just ticketing services. … [Read More...]

Foreigners Are Piling Into Japanese Stocks In A Way They Haven’t Done In Years [CHART]

The gyrations of the last two days aside, here's a good representation of how the Japan trade is captivating the global investing class. Michael McDonough of BloombergBriefs.com tweets this photo which really drives home how much money has come … [Read More...]

15 Startups Leading The Hardware Revolution

New hardware companies are one of the hottest trends in the startup world. … [Read More...]

US Politics

Wall St. drops on uncertainty about Fed stimulus – Reuters

New York TimesWall St. drops on uncertainty about Fed stimulusReutersTrading has been choppy in the second half of the week as market participants assess the Federal Reserve's evolving stance toward markets. The Fed's stimulus measures … [Read More...]

Stimulus fears haunt share markets, dollar recovers – Reuters

Stimulus fears haunt share markets, dollar recoversReutersNEW YORK (Reuters) - Global equity markets slipped on Friday on worries that the U.S. Federal Reserve may curtail its stimulus measures, while the dollar recovered against the euro to … [Read More...]

Obama Speaks to Naval Graduates About Sexual Assault Issue – New York Times

New York TimesObama Speaks to Naval Graduates About Sexual Assault IssueNew York TimesANNAPOLIS, Md. — President Obama used a commencement speech before Naval Academy graduates on Friday to urge them to follow an “inner compass” and to … [Read More...]

Foreign Policy

Amnesty International: Relations between Albanians and Macedonians have … – The Sofia Globe

Amnesty International: Relations between Albanians and Macedonians have ...The Sofia GlobeAmnesty International has launched criticism and expressed its concern about the state of human rights and the deterioration of inter ethnic relations in … [Read More...]

War of Ideas: Can chaos theory teach us anything about international relations? – Foreign Policy (blog)

Foreign Policy (blog)War of Ideas: Can chaos theory teach us anything about international relations?Foreign Policy (blog)But chaos has also had applications in some less obvious areas, such as politics and international relations. In fact, … [Read More...]

Principles of international relations – Gulf Times

Gulf TimesPrinciples of international relationsGulf TimesHE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor al-Thani yesterday laid out Qatar's guiding principles for international relations in his address to the … [Read More...]

Justice

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White People Stopped By New York Police Are More Likely To Have Guns Or Drugs Than Minorities

(Credit: AP)During the just-concluded trial on the New York Police Department’s stop-and-frisk program, the city argued that officers’ disproportionate targeting of black and Latino New Yorkers was not due to racial profiling but … [Read More...]

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Woman Raped By Ex-Boyfriend Because Police Didn’t Have Enough Funding To Send Help

Last August, a woman in Josephine County called 911 and pleaded with dispatchers to send police — “my ex-boyfriend is trying to break into my house. I’m not letting him in but he’s like, tried to break down the door and he’s … [Read More...]

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As Corporate Accountability Barriers Grow, Chamber Of Commerce Still Claims ‘Lawsuit Abuse’

Under both the influence of U.S. Supreme Court Chief Justice John Roberts, and corporate spending in state courts around the country, procedural wins have imposed new onerous hurdles on individuals aiming to hold businesses accountable for their … [Read More...]

Elections 2012

House passes market-based student loan bill: Is it a step toward a solution?

Congress took the first step toward making sure student loans aren’t another victim of Capitol Hill’s 11th-hour brinkmanship on Thursday as the House passed a proposed fix for federally subsidized college loans whose interest rates are set … [Read More...]

Obama’s Forever War Doesn’t End Today

President Obama will say he sees a day when the War on Terror comes to an end in a much anticipated speech at the National Defense University on Thursday. That day is not today. Control over drone strikes will move from the CIA to the … [Read More...]

House to vote on variable rate student loans

House lawmakers are ready to pass legislation that links student loan rates to the financial markets in spite of a veto threat from President Barack Obama. Supported by Republicans, the bill would avoid ... … [Read More...]

World News

Attacks on barracks, mine kill 25 in Niger – CNN International

The GuardianAttacks on barracks, mine kill 25 in NigerCNN InternationalNiamey, Niger (CNN) -- Nineteen soldiers and six assailants were killed in attacks on a uranium mine and an army barracks about 200 kilometers apart in Niger early Thursday, … [Read More...]

Livni: Coming days critical for peace talks – Jerusalem Post

Sydney Morning HeraldLivni: Coming days critical for peace talksJerusalem PostThe coming days are critical for the efforts to rekindle the frozen Israeli-Palestinian peace talks, Justice Minister Tzipi Livni said after participating in Thursday … [Read More...]

IMF chief Christine Lagarde to face questions over $520 million pay-off – Fox News

LivemintIMF chief Christine Lagarde to face questions over $520 million pay-offFox NewsPARIS – International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over her role in the 400 million euro … [Read More...]

Politics & Media

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Jon Stewart Tears Apart Obama, DOJ For Prosecuting Whistleblowers And Potheads But Not Bankers

Jon Stewart tonight used President Obama’s big national security speech to go after the president and the Department of Justice for going … [Read More...]

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Bridge Collapses Near Seattle, Cars With People Reportedly In Water

A bridge has collapsed near Seattle, Washington over the Skagit River. Washington State Patrol has confirmed, and a number of news organizations … [Read More...]

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News Anchor Fired For Accusing IRS Of Targeting Him After Obama Interview

Larry Conners, a news anchor for St. Louis station KMOV, was fired after publicly claiming that the IRS targeted him after a somewhat contentious … [Read More...]

Senate Unanimously Approves Sen. David Vitter’s Really Stupid, Possibly Racist Farm Bill Amendment

Who knew that the U.S. Senate could still agree on things? An amendment to the current version of the farm bill caught my eye earlier today, when … [Read More...]

Economy

Meet The People Who Are Subverting Wall Street Reform

Commodity Futures Trading Commissioner Mark Wetjen Three years after Congress passed sweeping reforms of Wall Street, the industry has … [Read More...]

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More And More Americans Are Feeling The Impact Of Sequestration Cuts

A new poll for ABC by Langer Research Associates finds that nearly four in ten Americans say sequestration has hurt them personally, up from just … [Read More...]

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Washington Bridge Collapse Another Sign That America’s Infrastructure Is In Bad Shape

Credit: NewsBreaker On Thursday evening, an Interstate 5 bridge over the Skagit River in Washington state collapsed, sending two cars into the … [Read More...]

Rubio Misleads On Debt Ceiling In Floor Speech Blocking Budget Process

In a floor speech Wednesday, Sen. Marco Rubio (R-FL) falsely claimed that the debt ceiling is critical to saving future generations from … [Read More...]