Asia stocks tumble, Tokyo hits 28-year low

Market prices are reflected in a glass window at the Tokyo Stock Exchange in TokyoAsian shares tumbled on Monday, pushing the broader Tokyo market to a 28-year low, as investors extended a rout of global stocks and worried about a nightmare scenario of euro-zone breakup, U.S. economic relapse and a sharp slowdown in China. Tokyo’s broader Topix index lost 2.1 percent to 693.35, a level not seen since late 1983, as Asian markets plumbed new lows for 2012. Japan’s Nikkei average fell 2 percent after last week marking its ninth straight week of losses, the longest such losing streak run in 20 years. …

via Yahoo! News – Latest News & Headlines http://news.yahoo.com/asia-stocks-tumble-tokyo-hits-28-low-amid-025223067–finance.html

The Tension of Teaching Journalism in China

Western foreign correspondents – Peter Arnett, the Pulitzer Prize-winning war correspondent among them – are increasingly becoming university professors in China, in a nation that wants international expertise but also grapples with its own issues with free speech.

via NYT > Most Recent Headlines http://rendezvous.blogs.nytimes.com/2012/06/03/the-tension-of-teaching-journalism-in-china/

Despite stumbles, an addict keeps a valued friend

In 2004, Judge Spencer Letts gave Michael Banyard a new chance at life — and became his mentor. With Letts’ help, Banyard has found an unexpected source of strength.

Where was Michael Banyard?

via L.A. Times – California | Local News http://www.latimes.com/news/local/la-me-streeter-20120604,0,4437927.story?track=rss

Donning sweaters and Snuggies to combat the office’s deep freeze in the heat of summer

Enough about the impending heat, the descending sweat, the summer oppression that allows you to hate the parts of your body you don’t even think about the rest of the year. (Crease of the knee, you dastardly skin fold!) Washingtonians are doomed to hand-wring over the rising thermometers of June because we seek clues regarding the battle plans of our sworn enemy, August.

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via Style: Culture, Arts, Ideas & More – The Washington Post http://www.pheedcontent.com/click.phdo

7 peregrine falcon chicks call bridges home

Seven peregrine falcon chicks have settled into prime waterfront real estate — atop city bridges.

via NYDN Rss Article only http://www.nydailynews.com/new-york/baby-falcons-live-article-1.1089222?localLinksEnabled=false&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+nydnrss%2Fgossip%2Frush_molloy+%28Gossip%2FRush+%26+Molloy%29

Jason Alexander Apologizes for Calling Cricket a ‘Gay Game’


The “Seinfeld” actor had made the controversial comments while appearing on “The Late Late Show with Craig Ferguson.”

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via Hollywood Reporter http://www.hollywoodreporter.com/news/jason-alexander-apologizes-cricket-gay-game-332465?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+thr%2Fnews+%28The+Hollywood+Reporter+-+Top+Stories%29

Everybody and Their Mothers Think Hillary Clinton Should Run for President [Hillary Clinton]

Everybody and Their Mothers Think Hillary Clinton Should Run for PresidentTwo notable Democrats have recognized the cosmic inevitability that Hillary Clinton will one day become president of a utopian future nation comprised of every North and South America nation. Okay, no one’s exactly said anything like that, but both Nancy Pelosi and Ed Whoops-I’m-Still-Talking Rendell believe that Clinton will make a bid for the White House in 2016. Pelosi said touchingly that she thinks she has a really good chance to see a female president in her lifetime because how could Hillary Clinton not be president? “Why wouldn’t she run?” Pelosi rhetorically asked the San Francisco Chronicle. “She’s a magnificent secretary of state. She’s our shot.”

Meanwhile, in Pennsylvania, — which sort of sound like the beginning of a climactic chapter in a novel about Amish werewolves — former Governor Ed Rendell said with typical Philadelphia bluster that, not only has he been haranguing Clinton to run for president whenever she has downtime during her busy travel schedule, he’s also volunteered to serve as her campaign manager, for the price of on the house:

She is bone-tired – the job of secretary of state is far more grueling than that of the president, with the non-stop traveling, the constant jet lag, and the odd-hours phone calls to accommodate foreign officials’ schedules. Still I believe that when she gets some rest and has a chance to reflect on what she wants, the challenges facing the country will be too great for her to resist and she will change her mind.

“Gee, thanks, Ed!” is probably what Clinton texted him before then photoshopping a picture of him with cheesesteak all over his face and showing it to Angela Merkel for a hearty, international laugh.

Nancy Pelosi skilled in art of political warfare [San Francisco Chronicle]

Ed Rendell: I Believe Hillary Will Run [Buzzfeed]

via Jezebel http://jezebel.com/5915310/everybody-and-their-mothers-think-hillary-clinton-should-run-for-president

Hollywood Docket: Megaupload Wants Dismissal; News Corp. Sued by Shareholders


A roundup of legal news in the entertainment industry.

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via Hollywood Reporter – THR, Esq. http://www.hollywoodreporter.com/thr-esq/hollywood-lawsuits-megaupload-dismissal-332187

With Boos and Solyndra, Romney Plays Offense

The Romney team plans to double down on its strategy of trying to keep President Obama on the defensive by refusing to let the focus stray from the struggles of average Americans.

via NYT > Most Recent Headlines http://www.nytimes.com/2012/06/04/us/politics/romney-team-declares-war-with-boos-and-a-surprise-event.html

Networks Win Ad-Rate Rises

Major TV networks have begun striking ad-sales deals for the fall season, winning higher prices over last year, despite resistance from one big advertiser, General Motors.

via WSJ.com: What's News US http://online.wsj.com/article/SB10001424052702303506404577444730970355476.html?mod=rss_whats_news_us