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The Two-Way
11:37 am
Fri March 7, 2014

MasterCard, Visa Team Up To Improve Payment Security

Visa and MasterCard have formed an industry-wide group to improve payment security.
Damien Meyer AFP/Getty Images

Originally published on Fri March 7, 2014 1:48 pm

Credit-card rivals Visa and MasterCard said Friday they have formed an industry-wide group aimed at improving payment security in the wake of a number of breaches that compromised customers' data.

"The recent high-profile breaches have served as a catalyst for much needed collaboration between the retail and financial services industry on the issue of payment security," Visa President Ryan McInerney said in the statement.

According to Reuters:

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The Two-Way
11:13 am
Fri March 7, 2014

'Memory Wound' Will Be Stark Reminder Of Norway's Massacre

This illustration, provided by artist Jonas Dahlberg, shows his vision for a "memory wound" near the Norwegian island where dozens of people died during an attack by a right-wing extremist in 2011.
Jonas Dahlbert Studio EPA/Landov

Originally published on Thu March 20, 2014 8:44 am

If you've had a chance to visit the Sept. 11 memorials at ground zero in Manhattan, the Pentagon and western Pennsylvania — or perhaps have been to the Vietnam Veterans Memorial in Washington, D.C. — then you have a sense of the powerful emotions that such places can stir up.

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The Two-Way
10:48 am
Fri March 7, 2014

Kim Jong Un's Right-Hand Man Resurfaces After Mysterious Absence

In a photograph taken in July, North Korean leader Kim Jong Un (from right) stands with Choe Ryong Hae and Jang Song Thaek, Kim's uncle.
Jason Lee Reuters/Landov

Originally published on Fri March 7, 2014 1:41 pm

Being North Korean leader Kim Jong Un's deputy can be bad for your health, as the sudden execution last year of the young dictator's No. 2 official has conclusively proven.

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The Two-Way
7:20 am
Fri March 7, 2014

Jobless Rate Ticks Up, But Job Growth Is Better Than Expected

The scene at a job fair for veterans earlier this year in Washington, D.C.
Mark Wilson Getty Images

Originally published on Fri March 7, 2014 10:14 am

This post has been updated.

The nation's unemployment rate edged up to 6.7 percent in February from 6.6 percent the month before, but employers added more jobs than expected, the Bureau of Labor Statistics said Friday.

According to BLS, the number of jobs on public and private payrolls grew by 175,000 last month — about 25,000 more than economists had expected.

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The Two-Way
7:00 am
Fri March 7, 2014

Book News: @GSElevator Author Loses Book Deal

Originally published on Fri March 7, 2014 9:24 am

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

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The Two-Way
6:00 am
Fri March 7, 2014

Russian Lawmakers Welcome Separatist Steps By Crimea

Vladimir Konstantinov (in purple tie) is the speaker of Crimea's parliament. He was welcomed with flowers Friday during his meeting with Valentina Matviyenko, speaker of Russia's upper house of parliament. She is at the far right of this photo.
Yuri Kadobnov AFP/Getty Images

Originally published on Fri March 7, 2014 10:22 am

One day after President Obama condemned steps taken by Crimea's parliament to leave Ukraine and join the Russian Federation, Russian lawmakers are welcoming such a move by Crimean separatists.

"Russia's parliament gave its defiant support Friday to Crimean lawmakers who want to see their region split from Ukraine and join Russia," CNN reports from Moscow.

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The Two-Way
5:13 am
Fri March 7, 2014

U.S. Knew Of 'Imminent' Move In Crimea, Top Official Says

Lt. Gen. Michael Flynn, the director of the Defense Intelligence Agency, testifies before the Senate Armed Services Committee last month.
Lauren Victoria Burke AP

Originally published on Fri March 7, 2014 10:39 am

Senior U.S. officials were warned of imminent Russian military action in Crimea about a week before the troop movements that have sparked a major international crisis over Ukraine, the head of the Defense Intelligence Agency tells NPR.

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The Two-Way
5:43 pm
Thu March 6, 2014

Grocery Chains Safeway And Albertson's Announce Merger Deal

Private equity firm Cerberus Capital Management has offered to buy Safeway, Inc., the nation's second-largest grocery chain, for a reported $9.4 billion. Cerberus plans to merge Safeway with another grocer, Albertson's.

"Safeway has been focused on better meeting shoppers' diverse needs through local, relevant assortment, an improved price/value proposition and a great shopping experience that has driven improved sales trends," Safeway CEO Robert Edwards said in a statement. "We are excited about continuing this momentum as a combined organization."

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The Two-Way
2:43 pm
Thu March 6, 2014

Senate Blocks Bill To Overhaul Military Sex Assault Prosecutions

Sen. Kirsten Gillibrand (D-NY) pauses while speaking at a news conference on Capitol Hill in Washington, on Thursday following the Senate vote on the military sexual assaults bill she sponsored.
Charles Dharapak AP

Originally published on Thu March 6, 2014 3:08 pm

The Senate has voted to block a bill that would have removed the authority of senior military commanders to prosecute sexual assault cases within their ranks.

On Thursday's 55-45 vote, short of the 60 necessary to move the legislation forward, the Senate set aside the Military Justice Improvement Act sponsored by New York Democratic Sen. Kirsten Gillibrand.

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