LOS ANGELES/NEW YORK - Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney, two sources with knowledge of the bid told Reuters. Full Article
PARIS - French magistrates decided on Friday not to place IMF chief Christine Lagarde under formal investigation over her role in a 285-million-euro ($368.5 million) arbitration payment made to a supporter of former president Nicolas Sarkozy. | Video
Rio de Janeiro, BRAZIL - Since Rio is the world’s most irreverent city, according to its own residents, all Popes are received with the slogan, “The Pope is pop.” When Pope Francis visits the city in July, that slogan will be on everyone’s minds. Full Article
May 24 - At least six policemen are killed and three others are injured when militants ambushed vehicles near Peshawar in Pakistan. Rough Cut (no reporter narration).
The Obama administration's legal battering of the press, while real, hardly rises to the level of war. The leak crackdown - and there has been one - has been mostly on the supply side, in the bureaucracy where the government leakers dwell, and not the demand side in newsrooms. Commentary
Lately Obama seems like he's playing defense. One possible alternative, hinted at in a recent speech, is that Obama might take advantage of his prestige and moral authority to make the case for stronger American families. Commentary
We are living in the age of the technocrats, but there are sound reasons why not to rely mechanically on technocratic solutions. That’s why it is worth reading a new paper by Daron Acemoglu of MIT and James Robinson of Harvard University. Commentary
The cases of the butchers of London and the Boston bombers raise an even more fundamental question: What exactly is terrorism? Since 9/11, the central management of al Qaeda’s operation has been defeated and the duty to continue the Islamist fight has passed to individual jihadists. Commentary