By Rand Paul
Obama acts as though we no longer have a Constitution
The number of U.S. companies buying insurance to cover the costs of potential cyberattacks and data breaches rose by a third last year at insurance broker Marsh Inc., making it one of their fastest-growing lines of coverage, Dow Jones News Service reported Thursday.
European shares traded lower early on Friday on waning hopes that U.S. President Barack Obama and key lawmakers would manage to reach an 11th-hour budget compromise.
News Corp. has announced plans to split into two companies. News Corp. will be the name of its publishing business, while the media and entertainment business will go to a company to be called Fox Group.
News Corp. has announced that it plans to split into two separate, publicly traded companies, one for its publishing business and the other for its entertainment operations.
Three hours west of Washington, D.C., U.S. Route 50 emerges from the West Virginia forest in a gentle curve. On the south side of the highway rises an enormous natural gas drilling rig. To its left and slightly behind it is a gas separation plant under construction.
The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating.
The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating.
News Corp. said Thursday that its board has approved plans to split into two companies. One company will operate as a newspaper and book publisher, while the other will be an entertainment company.
There have been some inglorious comedowns since the news industry began falling apart in the past decade. The Los Angeles Times once harbored ambitions to take on the New York Times before a bunch of former disc jockeys from the radio business helped run it into bankruptcy. Newsweek was unloaded for $1 and now sells magazines by punking Michele Bachmann.
In recent weeks, a slew of analysts and economists have slashed the U.S. gross domestic product forecasts, and in my view we have yet to see earnings expectations catch up to those growth revisions. However there are signs that the emerging markets are not growing fast enough to carry a global recovery.
While many businesses have been searching for signs of an economic recovery, big media conglomerates were enjoying a robust revival _until quite recently.
Except according to the Lord's plans - which are not known to man - the "end of the world" is not nigh, although to listen to politicians and pundits, we should be packed and ready to go by next Thursday.
Worries that the sudden economic downturn is going global sent Wall Street plummeting Thursday, with the Dow Jones industrial average falling more than 500 points in the worst market rout since the 2008 financial crisis.
An apologetic Prime Minister David Cameron distanced himself Wednesday from his former communications director, telling an emergency session of Parliament he never would have hired the ex-tabloid editor if he had known about the newspaper's phone-hacking scandal.
There are fabricated "bipartisan" moments. Then there are the real ones.
