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Strassel: Boehner’s Moment of Truth – WSJ.com

It isn’t easy to turn Washington around on a dime. If nothing else, give Republican House Speaker John Boehner marks for …

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Nintendo: Apple’s Latest Prey – WSJ.com

Sales of Nintendo Co.’s most important new gaming device have plunged since its release, the company said Thursday, prompting the videogame pioneer to slash its profit forecast and scramble to deeply discount the gadget to ….

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Carmakers Back Strict New Rules for Gas Mileage – NYTimes.com

Four years ago, the American auto industry was so opposed to higher fuel economy standards that executives of Detroit camped out in Washington in an unsuccessful bid to …

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The GOP’s Reality Test – WSJ.com

The debt-limit debate is heading toward a culmination, with President Obama reduced to pleading for the public to support a tax increase and Speaker John Boehner and Senate Majority Leader Harry Reid releasing competing plans that are …

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From Oklahoma City to Oslo : The New Yorker

When the first news photographs of the Oslo bombings appeared online—before the reports of the Utoya massacre and the revelation that these crimes were the acts not of jihadists but of an extreme right-wing Nordic-nativist-anti-multiculturalist gun fanatic—I did a double-take when I saw, in particular, the image of smoke rising …

MORE via News Desk: From Oklahoma City to Oslo : The New Yorker.

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Company Profile | State of the Media

New York, NY

CEO

Rupert Murdoch, Chairman

Ticker

NWS

Web

http://www.newscorp.com

News Corp. is a global media company with operations in eight industry segments: filmed entertainment, television, cable network programming, direct broadcast satellite television, integrated marketing services, newspapers and information services, book publishing and other media-related assets.

MORE via Company Profile | State of the Media.

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Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics – Pew Research Center

The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.

via Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics – Pew Research Center.

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The Toll of the Great Recession – Pew Hispanic Center

Median household wealth among Hispanics fell from $18,359 in 2005 to $6,325 in 2009. The percentage drop—66%—was the largest among all racial and ethnic groups, according to a new report by the Pew Research Center’s Social & Demographic Trends project. During the same period, median household wealth declined 53% among black households and 16% among white households.

Graphic MORE via The Toll of the Great Recession – Pew Hispanic Center.

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Dunkin’ Donuts IPO to Escalate Coffee War – WSJ.com

Dunkin’ runs on coffee more than doughnuts, which means its IPO-fueled expansion plans are likely to heat up the fast-food java battle, particularly with …

MORE via Dunkin’ Donuts IPO to Escalate Coffee War – WSJ.com.

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National Debt Clock Prepared for Multiple Scenarios – Real Time Economics – WSJ

So at least there’s one thing that can be certain in the debt ceiling debate: the National Debt Clock is armed and ready.

The National Debt Clock, a mainstay for New Yorkers and downer economists since 1989, had to add a digit in the fall of 2008 when the national debt exceeded …

MORE via National Debt Clock Prepared for Multiple Scenarios – Real Time Economics – WSJ.

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Parties Head to Showdown as Obama Warns of a ‘Crisis’ – NYTimes.com

The Democratic-led Senate and Republican-led House on Monday barreled toward a showdown on competing plans to cut …

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Norway Attacks Put Spotlight on Rise of Right-Wing Sentiment in Europe – NYTimes.com

The attacks in Oslo on Friday have riveted new attention on right-wing extremists not just in Norway but across Europe, where opposition to Muslim immigrants, globalization, the power of the European Union and the drive toward …

MORE via Norway Attacks Put Spotlight on Rise of Right-Wing Sentiment in Europe – NYTimes.com.

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