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The Two-Way
1:57 pm
Mon March 25, 2013

Goldman Cuts BlackBerry Rating After Stalled Smartphone Launch

BlackBerry's Z10: "Disappointing" launch.
Kevork Djansezian Getty Images

Originally published on Mon March 25, 2013 2:06 pm

Goldman Sachs on Monday downgraded BlackBerry after a disappointing launch for the company's new smartphone, the Z10.

The Wall Street Journal reports that Goldman slashed its investment rating on the Canada-based company — formerly known as Research in Motion, or RIM — to neutral from buy, citing weak support for the new product.

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The Two-Way
1:50 pm
Mon March 25, 2013

Tiger Woods Back On Top: Bay Hill Win Catapults Him To No. 1

Tiger Woods plays a shot on the 5th hole during the final round of the Arnold Palmer Invitational at Bay Hill in Orlando, Florida.
Sam Greenwood Getty Images

Tiger Woods is back on top. With his victory at the Arnold Palmer Invitational at Bay Hill, Woods is now ranked the No. 1 player in the world.

As The Washington Post explains, this is the first time Woods is at the top since both his personal life and his professional life crumbled following a 2009 cheating scandal that ended in divorce and a plummet from the top of the golf world.

The Post says:

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Africa
1:44 pm
Mon March 25, 2013

Islamists Say They Are Filling Vacuum Left By Egyptian State

Egyptian men and boys pray at a mosque in Assiut, southern Egypt, that serves as the headquarters for Gamaa al-Islamiya, a group that once waged a bloody insurgency, attacking police and Christians in a campaign to create an Islamic state. Now the Islamist group says it's determined to ensure law and order in the area.
Nariman El-Mofty AP

Originally published on Wed March 27, 2013 4:59 pm

In the lush Nile Valley city of Assiut, the police went on strike earlier this month, along with thousands of other cops across the country. They demanded the ouster of the minister of interior, and more guns and equipment to deal with anti-government protests.

A group of hard-line Islamists then stunned the city, which is south of Cairo, by promising to handle security during the strike. The next day, the policemen were back at work.

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The Two-Way
1:07 pm
Mon March 25, 2013

Costa Rica's Soccer Federation Complains About Snow, Asks For Rematch Against U.S.

Midfielder Clint Dempsey of the United States dribbles the ball during a FIFA 2014 World Cup Qualifier match between Costa Rica and United States at Dick's Sporting Goods Park on March 22, 2013 in Commerce City, Colorado.
Dustin Bradford Getty Images

Originally published on Mon March 25, 2013 2:57 pm

Last Friday, the United States won an epic World Cup qualifying match against Costa Rica. The team did it outside Denver, under what were essentially blizzard conditions.

Now, on the eve of a Mexico vs. U.S. game in Mexico City, Costa Rica has lodged a formal complaint with FIFA, saying the "physical integrity" of the players and officials was affected and "ball movement became impossible." The country is now asking for a rematch of their 1-0 loss.

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Politics
1:02 pm
Mon March 25, 2013

House Appropriations Committee Seeks State Employee Input

After hearing from department heads and state higher-ups, State Rep. John Schroder wants to hear from state employees on how to get Louisiana’s fiscal house in order.

The House Appropriations Committee has been methodically sifting through Gov. Jindal’s 2013-2014 budget since March 12th and will continue doing so in the weeks to come. As the committee continues going down the department checklist, Schroder now wants the involvement and input from actual state employees.

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Politics
12:53 pm
Mon March 25, 2013

Jindal's Math Under Question: Answers Depend on Party Lines

Originally published on Tue March 26, 2013 4:35 pm

Remember in high school when math teachers wouldn’t give full credit for answers that weren’t supported with all the work that showed how a student arrived to that answer?

On Friday, a group of 250 clergymen and women challenged the work behind the math used by the Jindal administration to calculate the tax burden on individuals under the governor’s new tax swap plan.

The governor wants to eliminate the personal income tax, the corporate income tax and the corporate franchise tax. He’d replace that lost revenue by raising the sales tax to 5.88 percent, applying the sales tax to more services and tinkering with a few other taxes and exemptions. Jindal says the plan will not amount to a tax hike for citizens or a loss in revenue for the state, but that it will be revenue neutral.

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The Two-Way
12:51 pm
Mon March 25, 2013

Florida Gulf Coast University: This Year's Cinderella Story In 10 Shots

The Florida Gulf Coast Eagles mascot picks up an Eagles cheerleader after the team's 81-71 victory against the San Diego State Aztecs on Sunday in Philadelphia.
Elsa Getty Images

Originally published on Wed March 27, 2013 4:59 pm

There's no bigger sports story in the nation this week than what Florida Gulf Coast University's team did during the first weekend of the NCAA Division I men's basketball championship.

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The Two-Way
12:03 pm
Mon March 25, 2013

President's Pen Establishes New National Monuments

Kayak at Sunset San Juan Islands.
Mark B. Gardner San Juan Islands Visitor Bureau

Originally published on Mon March 25, 2013 12:53 pm

President Obama on Monday designated five new national monuments, including one in Maryland dedicated to anti-slavery activist Harriet Tubman and another setting aside Washington state's San Juan Islands.

"These sites honor the pioneering heroes, spectacular landscapes and rich history that have shaped our extraordinary country," President Obama said in a statement. "By designating these national monuments today, we will ensure they will continue to inspire and be enjoyed by generations of Americans to come."

Here's a list of the new dedications:

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Planet Money
12:02 pm
Mon March 25, 2013

Ask A Banker: Why Do People Keep Trying To Give Me Money?

Not just an empty suit.
Paul Goyette Flickr

Originally published on Mon March 25, 2013 11:17 am

Hi! Ask A Banker, Dealbreaker, twitter, email, blah blah blah.

Today's question is from Chris:

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The Salt
12:02 pm
Mon March 25, 2013

Spanish Town To Host Its First Seder In More Than 500 Years

A view of the medieval town of Ribadavia, in Galicia, in the north of Spain.
José Antonio Gil Martínez/via Flickr

Originally published on Tue March 26, 2013 2:39 pm

Jews all over the world are gathering around dinner tables Monday night to celebrate the first night of Passover, one of the most important festivals of the Jewish calendar. And in the small, northern Spanish town of Ribadavia, Spanish, American and Israeli Jews are coming together to conduct the first Seder there in more than 500 years.

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