September 1, 2011
The Justice Department filed suit Wednesday to block AT&T's proposed $39-billion takeover of wireless rival T-Mobile USA, with its top antitrust lawyer declaring, "Any way you look at this transaction, it is anticompetitive. " Only the most ideologically hidebound supporters of the deal ever claimed it would boost competition, however. The question has always been whether the benefits it could deliver would outweigh the loss of an innovative, low-priced service provider. That's a far murkier issue.
August 22, 2011 |
Though gunfights continued in the streets of Tripoli and Moammar Kadafi's whereabouts were unknown, the debate had already begun in political circles Monday about whether the crumbling of the Kadafi regime was a victory for President Obama. Obama has shouldered criticism for months from Republican rivals, as well as members of his own party, about the cost of the mission and his decision to commit U.S. military resources without congressional approval. Even Republican candidates who supported some level of U.S. military involvement in Libya, like Republican front-runner Mitt Romney, often accused Obama of devoting more than $1 billion toward a mission that had no clear strategy or endgame.
August 17, 2011 |
An Indian government attempt to head off a political crisis by arresting a key anti-corruption activist appeared to backfire Tuesday when Parliament walked out and demonstrations erupted around the country. Plainclothes police surrounded activist Anna Hazare early Tuesday morning as the septuagenarian left his home to begin a hunger strike in protest of alleged widespread corruption, reportedly forbidding him to leave the premises. When he defied them, officers took him into custody on preemptory charges of "breach of peace.
August 11, 2011 |
Beneath an old diving helmet straight out of Jules Verne, a couple seated at a corner of the raw bar feed each other oysters, clams, bites of lobster. They eat slowly, luxuriously, between sips of wine. He whispers in her ear. She laughs and pops a shrimp in her mouth. Behind the bar, a cook deftly shucks oysters, tucks a little more ice around a lipstick-red lobster and slides a plate of peel 'n' eat shrimp over to a guy at the other end of the bar. This is Hungry Cat Santa Monica Canyon, the third iteration of David Lentz's wildly popular Hollywood seafood restaurant (the second is in Santa Barbara)
August 8, 2011 |
With markets rattled by the downgrade in the U.S. credit rating, President Obama sought to reassure the public that America remains a "Triple A country" and voiced hope that the news will prod the two parties to reach agreement on a long-term plan to cut the nation's deficit. Obama, in an afternoon speech that was part pep talk, said the country is still a safe bet for investors. "That doesn't mean we don't have a problem," the president said, speaking from the State Dining Room.
June 11, 2011 |
Facing the most intense calls yet for his resignation, Rep. Anthony Weiner said Saturday that he will seek professional help in the wake of a still-raging scandal over his online sexual liaisons with at least six women. After House Minority Leader Nancy Pelosi and other top Democrats declared that the New York Democrat should quit, Weiner's office instead said that he will take a leave of absence to seek treatment. "Congressman Weiner departed this morning to seek professional treatment to focus on becoming a better husband and healthier person," said a spokeswoman for Weiner.