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The Two-Way
9:06 am
Mon May 20, 2013

Pledging Not To 'Screw It Up,' Yahoo Seals Deal For Tumblr

Credit Fred Dufour / AFP/Getty Images
They're coming together: Yahoo will pay $1.1 billion to acquire Tumblr.

The news that broke Sunday is now official.

Yahoo confirmed early Monday morning that it is buying Tumblr in a deal worth about $1.1 billion. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," Yahoo added.

In its statement announcing the deal, Yahoo says that:

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The Two-Way
8:08 am
Mon May 20, 2013

FBI Agents Killed In Training Accident Worked In Elite Unit

Credit FBI.gov
Members of the FBI's Hostage Rescue Team during a training exercise in Quantico, Va. Two FBI agents who were part of the unit died Friday during a training exercise offshore near Virginia Beach, Va.
Law
8:02 am
Mon May 20, 2013

Court Case Winds Down In New York's Stop-And-Frisk Challenge

Credit Seth Wenig / AP
Protesters participate in a rally near the federal courthouse March 18 in New York. Lawyers for four men who say they were illegally stopped said many of the 5 million people stopped, questioned and sometimes frisked by police in the past decade were wrongly targeted because of their race.

Originally published on Mon May 20, 2013 10:11 am

Closing arguments are set to take place Monday in the federal class action trial involving New York City's stop-and-frisk policy. The trial has been going on for two months in Manhattan.

Plaintiffs in Floyd v. City of New York claim the New York Police Department, its supervisors and its union pressured police officers to stop, question and frisk hundreds of thousands of people each year, even establishing quotas. They argue that 88 percent of the stops involved blacks and Hispanics, mostly men, and were in fact a form of racial profiling.

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The Two-Way
7:22 am
Mon May 20, 2013

Book News: J.K. Rowling Tells 'Harry Potter' Backstories

Credit Ben Pruchnie / Getty Images
J.K. Rowling.

The daily lowdown on books, publishing, and the occasional author behaving badly.

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The Two-Way
6:52 am
Mon May 20, 2013

Nation's Midsection Braces For More Severe Storms

There's no relief today for folks in the nation's midsection.

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It's All Politics
3:07 am
Mon May 20, 2013

Is There Really A Second-Term Curse?

Originally published on Mon May 20, 2013 5:06 am

The phrase "second term curse" is so familiar that it's become a cliche of American politics. Whether it's President Richard Nixon's resignation or President Bill Clinton's impeachment, presidents tend to have a tough time during the back half of an eight-year presidency.

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Around the Nation
3:07 am
Mon May 20, 2013

Advocates Struggle To Reach Growing Ranks Of Suburban Poor

Originally published on Mon May 20, 2013 10:29 am

Poverty has grown everywhere in the U.S. in recent years, but mostly in the suburbs. During the 2000s, it grew twice as fast in suburban areas as in cities, with more than 16 million poor people now living in the nation's suburbs — more than in urban or rural areas.

Elizabeth Kneebone, a fellow with the Metropolitan Policy Program at the Brookings Institution, says this shift in poverty can be seen in Montgomery County, Md., right outside the nation's capital.

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Arts & Life
3:06 am
Mon May 20, 2013

Nostalgia For Sale As Captain Kangaroo's Pals Are Auctioned Off

Originally published on Mon May 20, 2013 10:38 am

The classic children's show Captain Kangaroo aired on TV for nearly 30 years, starting in 1955. After its creator and star, Bob Keeshan, died in 2004, his estate donated a few of his beloved hand puppets to the Smithsonian.

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Parallels
3:05 am
Mon May 20, 2013

Children Of China's Wealthy Learn Expensive Lessons

Originally published on Mon May 20, 2013 7:07 am

In China, having too much money is a relatively new problem. But the rapidly growing country is second only to the U.S. in its number of billionaires, according to Forbes magazine. And now an enterprising company has set up a course for kids born into wealthy families, who are learning how to deal with the excesses of extraordinary wealth.

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