Latest Information:

Topics

The Two-Way
10:45 am
Thu November 7, 2013

Man In 1984 Airline Hijacking Will Appear In U.S. Court

William Potts, an American accused of hijacking a Florida-bound flight and diverting it to Cuba in 1984, arrives at FBI headquarters after arriving Wednesday. Potts will make an initial court appearance today.
Joe Raedle Getty Images

Originally published on Thu November 7, 2013 12:54 pm

An American man who hijacked a plane to Cuba nearly 30 years ago will be in a U.S. court Thursday. William Potts returned from Cuba on Wednesday, saying he wanted to resolve lingering legal issues around his actions. He was arrested immediately.

Potts has previously expressed his desire to return to the U.S. He did so this week after taking a cab to the U.S. Interests Section in Cuba, which then sent him to Miami. Potts has said he hopes his time served in a Cuban prison will be taken into account by U.S. authorities.

Read more
The Two-Way
10:13 am
Thu November 7, 2013

He's The One! Rubber Duckie Joins The Toy Hall Of Fame

Rubber duck gets his due: a place in the National Toy Hall of Fame.
Alexander Hassenstein Getty Images

Originally published on Thu November 7, 2013 1:27 pm

Saying that "one toy stretches our gray matter; the other expands our sense of childhood wonder," the National Toy Hall of Fame announced Thursday that its 2013 inductees are the game of chess and the rubber duck.

Read more
The Two-Way
9:23 am
Thu November 7, 2013

Lululemon Founder: Our Pants Won't Work For Some Women

Some of the clothes at a Lululemon store in Pasadena, Calif., earlier this year.
Kevork Djansezian Getty Images

Originally published on Thu November 7, 2013 10:04 am

Eight months after the company he founded had a big public relations problem because too much of some women's backsides could be seen through its yoga pants, Lululemon founder Chip Wilson has put the story back in the news.

"Quite frankly, some women's bodies just actually don't work" in Lululemon's pants, Wilson said this week on Bloomberg Television's Street Smart.

"It's about the rubbing through the thighs," he added, and "how much pressure is there."

Read more
The Two-Way
8:16 am
Thu November 7, 2013

VIDEO: Louisville Basketball Player Who Broke His Leg Returns, Hits Shot

Louisville's Kevin Ware, in the white uniform, was back in action Wednesday night. He returned to the court for the first time since breaking his leg last spring.
Timothy D. Easley AP

Originally published on Thu November 7, 2013 9:37 am

Our good news of the morning:

University of Louisville basketball player Kevin Ware, who went down with a gruesomely broken leg during last spring's "March Madness," returned to the court Wednesday night.

Read more
The Two-Way
7:41 am
Thu November 7, 2013

At First Glance, Economy Grew More Than Expected In 3Q

Looking for work: The scene at a job fair in Emeryville, Calif., last month.
Justin Sullivan Getty Images

Originally published on Thu November 7, 2013 9:37 am

This post was updated at 8:40 a.m. ET

The U.S. economy grew at a better-than-expected 2.8 percent annual rate in the third quarter, the Bureau of Economic Analysis reported Thursday morning.

That's a bit faster than the 2.5 percent pace of the second quarter. According to the BEA, consumer spending, inventory investment and exports helped fuel slightly stronger growth.

Read more
The Two-Way
7:21 am
Thu November 7, 2013

Top Stories: Tracking Twitter's IPO; CIA And Phone Data

Originally published on Thu November 7, 2013 9:15 am

Read more
The Two-Way
6:50 am
Thu November 7, 2013

CIA Pays AT&T For Data On International Calls, 'Times' Says

The seal of the CIA at the agency's headquarters in Virginia.
Greg E. Mathieson Sr. MAI/Landov

Originally published on Thu November 7, 2013 1:11 pm

News keeps breaking about the alleged electronic surveillance done by U.S. spy agencies. Thursday's exclusive comes from The New York Times:

Read more
The Two-Way
6:47 am
Thu November 7, 2013

Book News: Indie Bookstores Don't Take Kindly To Amazon's Kindle Offer

One bookseller says of the new Amazon Source program to sell Kindle e-readers: "That's not cooperation. That's being complicit in your execution."
David McNew Getty Images

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

Read more
The Two-Way
5:56 am
Thu November 7, 2013

Twitter Pops To $44.90 A Share In Debut On Wall Street

Will it fly? The Twitter bird logo was decorating a post on the floor of the New York Stock Exchange Wednesday.
Richard Drew AP

Originally published on Thu November 7, 2013 5:43 pm

6 p.m. ET: Twitter Shares Close At $44.90

At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.

Earlier Thursday, the company's shares soared from their initial public offering price of $26.

2:35 p.m. ET:

As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.

Read more
The Two-Way
5:02 pm
Wed November 6, 2013

Judge: MF Global Customers To Recover All Their Losses

Jon Corzine, former New Jersey governor and ex-CEO of MF Global, leaves a congressional hearing in 2011.
Alex Wong Getty Images

Originally published on Wed November 6, 2013 5:35 pm

One thread runs through nearly every story of financial fraud, from Enron to Madoff: Investors bilked out of their money rarely get it back.

So, this lead from The New York Times Dealbook blog caught our attention:

Read more

Pages