Business
4:42 pm
Thu August 22, 2013

Is Government's Renewed Push On Mortgage Fraud Too Late?

Foreclosures increased dramatically as a result of risky subprime loans during the 2000s.
Justin Sullivan Getty Images

"Remain aggressive." That's the message Attorney General Eric Holder says he has given to prosecutors around the country about pursuing wrongdoing by financial institutions — particularly, wrongdoing related to the financial crisis of 2008.

But as the five-year anniversary of the crisis approaches, the record of prosecutions against high-level Wall Street executives has been dismal.

Read more
The Two-Way
4:30 pm
Thu August 22, 2013

NYC Lawmakers Override Bloomberg On Police Oversight

New York City Mayor Michael Bloomberg speaks at a news conference with New York Police Department Commissioner Ray Kelly last week.
Andrew Burton Getty Images

Originally published on Thu October 31, 2013 4:26 pm

New York's City Council has approved a new layer of oversight for the nation's largest police force, overriding Mayor Michael Bloomberg a week after the NYPD's stop-and-frisk tactics were deemed "indirect racial profiling" of blacks and Latinos.

Read more
Research News
4:28 pm
Thu August 22, 2013

The World's Most Precise Clock Could Prove Einstein Wrong

This may look like a mad scientist's garage sale, but it's actually the most precise clock ever built.
Jim Burrus NIST

Originally published on Thu August 22, 2013 6:00 pm

What a makes a good clock? Andrew Ludlow, a physicist at the National Institute of Standards and Technology, says one of the most important criteria is stability.

"If you could imagine a grandfather clock and see the pendulum swinging back and forth, ideally that pendulum would swing back and forth very uniformly," Ludlow says. "Each swing would take exactly the same amount of time."

That's stability. But what if something perturbs the system, like a mischievous toddler?

Read more
Economy
4:08 pm
Thu August 22, 2013

Unemployment Claims Drop To Pre-Recession Levels

More than 330,000 people filed new claims for unemployment insurance benefits last week. That sounds like a big number — and is a slight increase over the previous week — but it's being taken as some very good news. For a month, now, fewer new people are asking for unemployment insurance than at any time since November, 2007. That's before the Great Recession.

Asia
4:08 pm
Thu August 22, 2013

Former Chinese Politician Has Spirited Defense At Trial

The former politician Bo Xilai offered a spirited defense in court in China on Thursday, surprising observers who had expected a quick show trial to end the country's biggest political scandal in decades. However Bo was allowed to cross-examine witnesses and tell judges he had been framed in the bribery charges against him. He said he had confessed to the charges under psychological pressure during interrogation.

Sports
4:08 pm
Thu August 22, 2013

Ichiro Suzuki Joins Two Other Baseball Greats With 4,000th Hit

Ichiro Suzuki got his 4000th hit on Wednesday, joining Ty Cobb and Pete Rose as the only baseball players to reach that milestone.

Education
4:08 pm
Thu August 22, 2013

Do The Data Exist To Make A College-Rating System Work?

President Obama delivers a speech on education at the University of Buffalo on Thursday.
Jewel Samad AFP/Getty Images

Originally published on Thu August 22, 2013 5:46 pm

President Obama unveiled a plan on Thursday that would, for the first time, tie federal student aid to a new rating system for colleges and universities. While the president's message that higher education costs should be reined in was simple enough, the sweeping proposal is anything but.

Read more
Movie Reviews
4:03 pm
Thu August 22, 2013

In 'Drinking Buddies,' Drifting Through The Suds

Kate (Olivia Wilde) and Luke (Jake Johnson) work together at a Chicago brewery — and teeter on the brink of a relationship. But in this film, the work is more compelling than the play.
Magnolia Pictures

Originally published on Fri August 23, 2013 2:07 pm

"She's so pretty, she could be in any movie," a fan gushed after a screening of Joe Swanberg's Drinking Buddies. There's a lot more to Olivia Wilde than her feline loveliness, which, combined with a challenging stare that dares you to dismiss her as fluff, reminds me of a young Michelle Pfeiffer. But not much of that is allowed out to play in this strained comic drama about two young couples struggling to answer universal questions in particular ways.

Read more
Movie Reviews
4:03 pm
Thu August 22, 2013

In Bleak 'Paradise: Faith,' Both Can Seem Distant

Nabil Saleh
Strand Releasing

The difference between a provocative film and a challenging one can be difficult to parse. Yet it's essential to understanding the success and occasional missteps of Ulrich Seidl's Paradise: Faith, the second part in a trilogy that, so far, has excelled at exploring the depths of human misery.

Read more
Movie Reviews
4:03 pm
Thu August 22, 2013

Teenage Graceland: A Temporary Home For Troubled Kids

In Short Term 12, Grace (Brie Larson) counsels Marcus (Keith Stanfield), an angry young man about to age out of the foster care system.
Cinedigm

Originally published on Sun August 25, 2013 10:22 am

A group foster home + abused and at-risk kids + tough love + junior staff nearly as troubled as their charges: The potential for cliche is everywhere in Destin Cretton's enormously engaging Short Term 12, and — happily — is everywhere avoided. What might seem on paper a cloyingly sentimental heartwarmer becomes, in Cretton's hands, a briskly believable, often funny, always invigorating and ultimately wrenching story of emotional fortitude.

Read more

Pages