Here’s what we have going on:
- S&P 500 Ends Above 1500 (WSJ) — The story says the market did this “for the first time in five years on Friday, capping its longest streak of daily gains since 2004.” The NYT described it this way: Stocks Near New Heights as Small Investors Regain Faith.
- Court rejects Obama’s recess appointments (WashPost) — It should cheer up the administration’s critics, still smarting over Obamacare, that the court found that the president violated the Constitution in naming three to the NLRB last year.
- Fatal clashes mark Egypt uprising (BBC) — That’s three stories in a row, any one of which could have been the lede on an ordinary day.
- Cause Of Boeing’s 787 Problems Remains A Mystery (NPR) — The fleet remains grounded.
- Exxon now ‘most valuable company’ (The Guardian) — Yo, Isaac Newton! What made the mighty Apple fall?
- Freezing rain in SC means school closings, wrecks (AP) — But it should be warmer tomorrow, and tonight won’t be as cold here as last night.
If I’d had room for one more story on my front (my rule is to stop at six) — which is to say, if I hadn’t used the weather thing just to force a local story onto the front — I would have included this, from The Guardian: Mali: ‘war will be over in days’. And obviously, I just cheated to get it on the front, didn’t I? Consider it a refer. Not the kind you smoke, the kind that tells you what’s inside the paper.
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Stories #2, #4, and #6 probably affect SC the most.
I wonder how #2 and #4 will end up being related to one another. You think the union guys will say “Hey, if you had made those airplanes in Washington State with skilled union labor, they probably wouldn’t be spontaneously bursting into flames.”
Speaking of disasters, the Senate just called the White House and said “How do you like those pro-forma sessions, now?”
Since the 787 problem(s) were first announced, I wondered how long it would be before the union claimed just that, Bryan Caskey. If you have ever worked in a union environment you would learn that worker sabotage is considered justifiable when sanctioned by union leaders. While sabotage could still be possibly, the battery problem, at least, is likely an engineering shortcoming blamed already on greedy management.
The good news is that groundings were prompt and no one has been killed.
re #5: I think the mighty Apple is going to have a tougher time of it now that the Android market seems to have gotten some traction — I really like the Nexus 7, the Galaxy IIIS and galaxy Note.