Originally published on Tue April 24, 2012 1:09 pm
Before mommy blogs and the now ubiquitous parenting columns about the life-work balance, there was "Life in the Thirties," Anna Quindlen's must-read New York Times column weighing in on everything from baby gear and baby sitters to flannel nightgowns and abortion. When Quindlen left newspaper journalism (and her Pulitzer Prize-winning "Public and Private" op-ed column, which succeeded "Life in the Thirties") to become a full-time novelist in 1995, many of her readers felt as if a close friend had suddenly stopped calling.
On Kenny Garrett's enthralling new album, Seeds From the Underground, the iconic alto saxophonist pays tribute to some of his significant lodestars. While he doesn't name any specific musician as the touchstone for "Welcome Earth Song," the track unquestionably recalls Pharoah Sanders' majestic Impulse! Records sound.
Originally published on Tue April 24, 2012 5:41 am
Wal-Mart could face significant legal liability following a report accusing the company of systematic bribery in Mexico. A report in The New York Times claims Wal-Mart officials in Mexico paid more than $20 million in bribes to help the company open more stores there. The story also says top Wal-Mart executives in the U.S. looked the other way. The company's stock price fell nearly 5 percent Monday.
Originally published on Tue April 24, 2012 6:34 am
Victoria Beckham has teamed up with Range Rover to produce a special edition Evoque luxury SUV. The former Spice Girl, married to soccer star David Beckham, has designed fashion lines before, but says this is her first foray into automobiles.
Originally published on Tue April 24, 2012 6:30 am
Weeks ahead of its initial public offering, Facebook released its first quarter profits Monday, and they are down 12 percent from a year ago. At the same time, company expenses have nearly doubled. Facebook attributes some of that to market expansion, which requires more employees and infrastructure.
General Motors is making a bigger effort in what's become the world's biggest car market. At the Beijing Auto Show this week, GM said it plans to open 600 new dealerships in China this year. GM is trying to grow Chinese sales while they still can.
And let's turn now to the first political leader to be put on trial for his role in the global banking crisis. Yesterday, a special court in Iceland found that country's former prime minister guilty of essentially mishandling the banking bubble that led to Iceland's financial collapse.
Michael Stothard has been covering this trial for The Financial Times. He joined us to talk more about it. Good morning.
President Obama sets off on a two-day tour of college campuses Tuesday to tout a plan to keep student loans more affordable.
The trip is billed as official business, but it has a political flavor. Stops include: North Carolina, where Democrats hold their national convention this summer; Colorado, where Obama accepted his party's nomination four years ago; and Iowa, where his White House campaign was launched in 2008.
All three states are expected to be hard-fought battlegrounds in November.