Sharia Law Allowed in Volatile Pakistan Region

February 17, 2009

Reporting from Istanbul, Turkey, and Peshawar, Pakistan — In a significant concession to Islamic militants battling the central government, Pakistani authorities Monday agreed to allow the imposition of Sharia, or Islamic law, in a onetime tourist destination just 100 miles northwest of Islamabad, the Pakistani capital.

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A Cyclical Look at P/E Ratios

February 17, 2009

Here’s another brutal look at where P/E rations might end up going before this is all over, via Bob Bronson: I am very skeptical of earnings forecasts, because they have been so terrible for most of my adult life. The conspiracy of optimists always seems to overestimate future earnings.

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Survey: Lincoln Best President, W 36th

February 17, 2009

It’s been 145 years since Abraham Lincoln appeared on a ballot, but admiration for the man who saved the union and sparked the end of slavery is as strong as ever, according to a new survey.

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How Bad is It? Even Green Cars Like the MINI Cooper are Suffering

February 17, 2009

The Bank of England will come under pressure today to help the ailing car industry after BMW’s decision to cut 850 jobs at its Mini plant near Oxford.

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Three Cheers for Partisanship

February 17, 2009

Jay Cost strides bravely into the mess of calls for bipartisanship and cooperation to assert, based on some serious statistical analysis, that partisanship is in fact good for American politics — and that all bipartisanship does is decrease accountability to the electorate. Such an audacious argument deserves reading.

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Tracking the iPhone's Hype Bubble

February 17, 2009

Think of the jagged light blue line in the fever chart at right as the bubble of hype that keeps Apple’s (AAPL) iPhone floating above of its competitors.

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More the Merrier: Panel, Not Car Czar, to Fix Detroit

February 16, 2009

WASHINGTON — The Obama administration will not name a “car czar” to help oversee the auto industry’s restructuring and will instead create an inter-agency task force to deal with the issue, according to senior administration officials.

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Obama Remarks on Teachers, Education Jolt Establishment

February 16, 2009

President Obama’s blunt but little-noted statement last week that bad teachers need to be fired and that some fellow Democrats resist real change in public schools has jolted educators and education critics alike. “It was unusual for a Democratic president to say that,” said Cynthia G. Brown, director of education policy for the liberal Center […]

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A-Rod Apologizes to SI Writer

February 16, 2009

Alex Rodriguez has called Sports Illustrated’s Selena Roberts to apologize for critical comments he made during an ESPN interview.

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Friday the 13th Rocks Record Box Office

February 16, 2009

Horror has a new champion as remake specialist Marcus Nispel’s Friday The 13th (2009) scored the biggest launch weekend in the history of the genre thanks to an estimated $42.2m three-day haul, breezing past the previous mark set by The Grudge on $39.1m in October 2004.

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