Shares of financial companies dropped yesterday on concerns about how reviews of home-foreclosure practices will affect their balance sheets. Louise Story, Wall Street and finance reporter for our partner, The New York Times, has been looking at analyses of how hard the blow may be for banks, and how long it might last.
Cameron Todd Willingham was executed by the state of Texas in 2004. He was tried, convicted, and executed by lethal injection for setting fire to his home and killing his three young daughters, on December 23, 1991.
But forensic investigators have called the facts of the case into question – most notably whether the fire was arson, or an accident. (Willingham maintained his innocence to the very end, passing up a chance to plead guilty in exchange for a life sentence.)
At 26, Danielle Evans is already the kind of writer who makes other writers jealous. She's still fresh from the Iowa Writer’s Workshop, but she's already been chosen – twice – for The Best American Short Stories, and both Salman Rushdie and Richard Russo have praised her work. There's already a lot of buzz around her new book, a collection of eight short stories called “Before You Suffocate Your Own Fool Self.” She joins us to talk about the challenges of being a young black writer in a world that's not over race, but may be over talking about it.
Haitian American novelist Edwidge Danticat has been busy, of late. She has two new books hitting bookstores this fall: Eight Days is a children's book about a boy trapped in the rubble after the earthquake in Haiti, and Create Dangerously is a book of reflections on the task of the immigrant writer.
In the 80's, the infamous McMartin Preschool sexual abuse trial ignited a hysteria about child sexual abuse. The McMartin trials never found anyone guilty, however, and several of the children, now adults, have come forward, saying no molestation ever happened. Across the nation, though, tens of thousands of people became convinced that they had repressed – and recovered – memories of awful abuse.
Meredith Maran, a journalist and author, found herself caught up in it. She began to believe that her own father had molested her, and at age 37, she accused him. Ten years later, she realized that he was innocent and recanted. But it was almost too late.
Snooki did not invent celebrity – and chances are she won't break it either.
That's according to Professor Fred Inglis, author of "A Short History of Celebrity." Inglis is a cultural historian, and he takes the long view on our fascination with the likes of Tiger Woods, Marilyn Monroe and Angelina Jolie. Over the past 200 years, says Inglis, it has become easier and easier to live vicariously.
Takeaway Correspondent Andrea Bernstein is traveling the country, checking in with voters. Today, she's in Colorado, a key swing state in this mid-term election season. Up for grabs is a governor's race, a Senate race and key Congressional races. There are also two ballot propositions getting a lot of attention: one regarding abortion rights, the other attempting to block enactment of federal health care reform. Key issues for constituents are health care, abortion and immigration.
Bernstein has spoken with voters in Weld County and Jefferson County and found that voters from both parties are still unsure how they will cast their ballots this November.
Newark Public Schools, which have been rated the worst in the country, have been given an infusion of $100 million from Facebook CEO Mark Zuckerberg. The gift is a bonanza, but it is also highlights a school system in dire need.
Many voters, frustrated with their current elected officials, have decided to take action well ahead of election day. In cities and towns across America, constituents are calling for recall elections—efforts to oust their elected officials from office in the middle of their terms.
Louise Patton, the granddaughter of the only surviving officer from the Titanic, has written a book revealing the secret her grandfather took to his grave: The Titanic rammed into that iceberg because of one human error.
The Taliban's growing footprint in Afghanistan's rough terrain has forced the U.S. to be far more reliant on moving troops and supplies by air. Throughout America’s war in Afghanistan, helicopters have been widely used where mountainous areas, poor roads and Taliban booby traps make ground travel treacherous. The 14 Americans who died in Afghanistan on Monday, however, were a reminder that U.S. troops who die in Afghanistan are twice as likely to be killed in helicopter crashes as are their counterparts in Iraq.
At a CNBC Town Hall Meeting on Monday, President Obama announced some good news coming out of Michigan: the three US automakers are making a profit for the first time in a long time.
It hasn’t been so long since the day when GM was almost synonomous with doom. But it’s been long enough, apparently, for the companies to start turning a profit — and for the Car Czar behind the recovery to write a book about how it all came to pass.
Reverend Terry Jones, leader of the Dove World Outreach Center, a tiny Pentecostal church in Gainesville, has backed down from his plan to burn the Quran. Reverend Jones’ plan to burn copies of the Quran on the ninth anniversary of September 11th lit an international firestorm. Now Reverend Jones says he will not burn any Qurans – and he doesn’t think anyone else should, either.
President Obama spoke to a crowd at the Cuyahoga Community College in Cleveland, Ohio, yesterday. He continued a week of painting the GOP as naysayers and describing his plan to address the ailing economy: tax cuts on those making less than $250,000 a year paid for by closing business tax loopholes, and tax write-offs for businesses' research and development efforts as well as investments in new equipment and jobs. Obama also described the U.S. as having done better under Clinton-era tax rates than those under President Bush's tax cuts.
Every year, with NYPD sponsorship, 200 young kids, most of them Muslim, gather in open spaces to yell and throw and hit. More specifically, they're praising glovesmanship, bowling carrom balls, and knocking Dilscoops: They're playing cricket for the "NYPD United."
Yesterday, The Takeaway asked you to distill your summer into six words. Lizzy Schmidt, called The Takeaway to say, "Peaches. Women's softball won championships! Woohoo!" Her enthusiastic recap of the summer intrigued us and we called her to hear the rest of the story, which involves horses, softball, and broken bones. (And ends with a trophy.)
It's the end of summer, and that means that businesses around the country are being emptied of their interns. Early this summer, they arrived with their youth and their ambition. As the air turns crisp, they go home, leaving behind neatly stacked piles of folders, well organized databases, and, perhaps, a good impression.
But a small group of those interns left something else behind: a wad of cash. Today, a growing number of young people – or their parents – are paying thousands of dollars for the privilege of working an unpaid internship.
Craigslist.org, the wildly-popular classifieds site, made news this weekend when they blocked a contentious portion of their site: the section pitching "adult" services.
Less than a week after President Obama declared the end of combat operations in Iraq, U.S. forces have exchanged fire with insurgents in Baghdad. American troops helped repel a coordinated attack on an Iraqi base. At least five bombers carrying grenades and wearing suicide jackets attempted to breach checkpoints and killed at least 12 people, wounding at least 20.
The engagement was the first for U.S. forces since last Tuesday, when President Obama delaclared the end of Operation Iraqi Freedom, the 7 1/2 year war, and the start of Operation New Dawn, in which 50,000 troops will remain in Iraq in a non-combat role to support and train the Iraqi military.
Operation Iraqi Freedom will draw to a close on September 1st, 2010. As American forces transition from combat operations into the stability operations of Operation New Dawn, we're thinking about the troops who will be coming home.
Just this month, 13,000 troops will return home to the U.S. That's the equivalent of one 747 every day. By the end of next year, all 50,000 remaining troops will come home.