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How to Survive a Bank Bailout

BusinessWeek -
By Brendan Greeley on June 11, 2012 Debt is not sexy. Desperation is even less sexy. Both show weakness, a lack of power, and these are not the things voters look for in a politician.
Spain's Bailout: More Questions Than Answers
Relief over Spain bank rescue fades quickly
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Penn State trial opens with graphic testimony

The Associated Press -
By GENARO C. ARMAS, AP - 1 minute ago BELLEFONTE, Pa. (AP) - Jerry Sandusky's trial in the Penn State scandal opened in graphic fashion Monday with the first witness testifying that the retired coach molested him in the locker-room showers and in ...
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Boat explosion reported off coast of Sandy Hook

The Star-Ledger - NJ.com -
By Tomas Dinges/The Star-Ledger John O'Boyle/The Star-LedgerUS Coast Guard boats are seen in this file photo. SANDY HOOK - A large boat exploded off the coast of Sandy Hook early this evening, causing several injuries and nearly two dozen passengers to ...
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Apple Focuses on Developers; Opens WWDC with New OS X, iOS, and MacBook Line

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PC Magazine -
By Michael J. Miller While the hardware is impressive, the focus of the keynote and the conference is the software, and particularly attracting new developers.
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England holds on for 1-1 draw with France

Seattle Post Intelligencer -
DONETSK, Ukraine (AP) - England went 1-for-1 in a 1-1 draw with France. Joleon Lescott scored England's lone goal on England's lone shot on target a few minutes before Samir Nasri equalized as the teams finished even in Group D of the European ...
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How much should we read into Obama, Romney gaffes?

msnbc.com -
DNC Executive Director Patrick Gaspard joins MSNBC's Martin Bashir to argue a distinction between the two candidates' comments - and that Mitt Romney's disdain for the public sector spells trouble for a struggling economy.
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Russian police raid homes of opposition leaders before rally

Reuters -
By Steve Gutterman and Lidia Kelly | MOSCOW (Reuters) - Russian police raided opposition leaders' homes on Monday and summoned them for questioning, disrupting plans for a protest against President Vladimir Putin and suggesting he has lost patience ...
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Renewed violence in Syria, say activists

The Hindu -
Syrian troops shelled restive areas in the eastern province of Deir al-Zour on Monday, following overnight clashes between government forces and rebels, activists reported.
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Two arrested in Alabama shooting deaths

Reuters -
By Tom Bassing | BIRMINGHAM, Alabama (Reuters) - Police have arrested two men in connection with Saturday night's shooting in Auburn, Alabama, that killed three men and wounded three others, one critically.
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Navy Drone Crashes in Maryland

Wall Street Journal -
By NATHAN HODGE A highflying surveillance drone being tested by the Navy crashed Monday in eastern Maryland, the military said. The Navy said in a statement that a Broad Area Maritime Surveillance Demonstrator, or BAMS-D, unmanned aircraft went down ...
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Chicago public school teachers authorize strike

Chicago Tribune -
By Mary Wisniewski CHICAGO, June 11 (Reuters) - Chicago public school teachers have voted overwhelmingly to give their union the authority to strike if contract negotiations with the city break down this summer - a move the head of the schools called ...
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Family net worth plummets nearly 40%

CNN -
By Charles Riley @CNNMoney June 11, 2012: 4:07 PM ET NEW YORK (CNNMoney) -- The average American family's net worth dropped almost 40% between 2007 and 2010, according to a triennial study released Monday by the Federal Reserve.
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Stocks Surrender Gains, Fitch Downgrades Spain's BBVA, Santander

Forbes -
Markets seemed to embrace a weekend rescue plan for Spanish banks Monday, but gains evaporated on concern over the lack of detail in the plan and renewed worry that if conditions were bad enough to warrant a rescue for Spain, Italy may not be far ...
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UnitedHealthcare to keep some health care mandates

CNN -
By Parija Kavilanz @CNNMoney June 11, 2012: 4:35 PM ET UnitedHealthcare, the nation's largest health care insurer, commits to keeping some key mandates regardless of Supreme Court's impending ruling on health reform.
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Candidates face-off in southern Arizona to fill Giffords' seat

Reuters -
By David Schwartz | PHOENIX (Reuters) - A Democrat injured in a Tucson, Arizona shooting spree and a Tea Party Republican face off in a special election on Tuesday to fill the seat vacated when wounded Congresswoman Gabrielle Giffords stepped down ...
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Hispanic voters targeted in new ad blitz for Obama

Salt Lake Tribune -
$4M campaign » Ads say Romney's policies would benefit the wealthiest Americans at the expense of Latinos, others. By JULIE PACE | The Associated Press Washington • One of the nation's largest unions and a Democratic super PAC supporting President ...
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Ohio gov signs overhaul of gambling regulations

CBS News -
COLUMBUS, Ohio - Ohio Gov. John Kasich has signed into law new rules for casinos, bingo halls and the slots-like video lottery terminals that are coming to the state's seven horse racetracks.
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"The Best Computer Apple Has Ever Made" Is Unveiled at WWDC

Written by
PC Magazine -
By Michael J. Miller Although Apple's annual developers conference focuses on software, in many ways the biggest announcements were for the new line of MacBook laptops.
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New Mac OS in July has social-network integration

The Associated Press -
SAN FRANCISCO (AP) - Next month, Apple will release its new operating system for Mac computers. Dubbed Mountain Lion, Mac OS X 10.8 will cost $19.99 - $10 cheaper than what the current system, Lion, costs.
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True Blood Season Premiere: What's Your Take?

People Magazine -
HBO's supernatural hit returned Sunday night with its season 5 premiere, and probably the biggest question on everyone's mind was, "Is Tara alive?
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'You Only Live Twice': Behind The 'Mad Men' Song

MTV.com -
If Nancy Sinatra tune that closed out AMC drama's season-five finale sounded familiar, we'll tell you why. By Rebecca Thomas Last fall, assurgent rap titans Drake and Rick Ross announced plans for a two-way mixtape, YOLO (You Only Live Once).
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Snooki nude photos released after 'Jersey Shore' star's cell phone hacked, rep ...

New York Daily News -
The cast that makes headlines together, stays together. Nicole (Snooki) Polizzi is causing a buzz in the media just one day after her fellow “meatball” Deena Cortese was slapped with handcuffs for disorderly conduct at a bar in Seaside Heights.
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Justin Bieber, Big Sean Get Romantic On 'As Long As You Love Me'

MTV.com -
By Jocelyn Vena (@jocelyn1212) With eight days until the release of Believe, Justin Bieber is giving his fans a pretty good idea of what they should expect from his upcoming album.
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Andriy Shevchenko carries co-host Ukraine past Sweden 2-1

SI.com -
KIEV, Ukraine (AP) -- Andriy Shevchenko made his coach look brilliant, scoring two great headers Monday to give Ukraine a 2-1 win over Sweden at the European Championship.
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Photos: Rafael Nadal tops Novak Djokovic for French Open title

Denver Post -
(AP) PARIS - Rain or shine, clay or mud, Sunday or Monday, Rafael Nadal rules Roland Garros. The man they call “Rafa” won his record seventh French Open title Monday, returning a day after getting rained out to put the finishing touches on a 6-4, 6-3, ...
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Sam Presti building Thunder for the long run

USA TODAY -
OKLAHOMA CITY - Sam Presti didn't take much time to celebrate an NBA Finals berth for his Oklahoma City Thunder. The morning after the team earned a Game 6 clinching victory against the San Antonio Spurs in the Western Conference finals, the fifth-year ...
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Bradley manager: 'There's nothing corrupt going on'

USA TODAY -
LAS VEGAS - Timothy Bradley's manager has what he casts as a simple explanation for anyone who suspects a fix Saturday night when his fighter upset Manny Pacquiao.
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Unexpected contamination problem pops up for Curiosity

msnbc.com -
An unexpected contamination problem has cropped up for NASA's next Mars rover, but scientists are confident the huge robot will still be able to complete its mission after it lands on the Red Planet in August.
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China Set for Manned Mission to Tiangong-1 Module

Written by
PC Magazine -
By Damon Poeter China may be just days away from launching its first manned docking mission to the country's Tiangong-1 space station module, according to reports.
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FDA reviews Edwards Lifesciences' Sapien heart valve

Los Angeles Times -
WASHINGTON - US health officials are asking safety questions about the first artificial heart valve designed to be implanted without major surgery ahead of a meeting this week to consider broadening its use.
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Leading Insulin Doesn't Heighten Cancer Risk, Studies Find

Wall Street Journal -
By JENNIFER CORBETT DOOREN AND PETER LOFTUS Four studies involving Sanofi SA's Lantus insulin appeared to blunt concerns that it might cause cancer.
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Robin Roberts' blood disorder linked to breast cancer treatment: how big is risk?

Boston Globe -
By Deborah Kotz The sad news announced today by Good Morning America host Robin Roberts that she's battling a rare blood disorder similar to leukemia highlights the very real risks of cancer treatments.

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