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It's All Politics
6:42 pm
Fri July 19, 2013

Obama Explains Black America To White America

President Obama tackled race head-on in his first on-camera response to George Zimmerman's acquittal in the shooting death of Florida teenager Trayvon Martin.
Carolyn Kaster AP

Originally published on Fri July 19, 2013 8:08 pm

The days are few and far between when President Obama has intentionally reminded us that he is the first African-American president.

Friday was one.

The president did something no other holder of his office has ever had the life experience to do: He used the bully pulpit to, as an African-American, explain black America to white America in the wake of last week's acquittal of George Zimmerman in the shooting death of unarmed teenager Trayvon Martin.

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The Two-Way
6:17 pm
Fri July 19, 2013

Not All The News About Detroit Is Bad

This Detroit store's neon sign sends a message.
Bill Pugliano Getty Images

Even as newscasts and newssites are using Detroit's bankruptcy filing to talk about Motown's "meltdown," we've found these stories:

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The Two-Way
6:13 pm
Fri July 19, 2013

SEC Charges Hedge Fund Billionaire Steven Cohen

Steven A. Cohen, founder and chairman of SAC Capital Advisors, is interviewed in Las Vegas in 2011.
Steve Marcus Reuters/Landov

Originally published on Fri July 19, 2013 6:52 pm

The SEC on Friday filed civil charges against Steven A. Cohen, the founder of hedge fund SAC Capital Advisors, accusing the billionaire of failing to prevent insider trading.

The Securities and Exchange Commission in a statement Friday afternoon said:

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The Two-Way
5:14 pm
Fri July 19, 2013

How President Obama 'Showed His Brother Card'

President Obama during his appearance at the White House on Friday.
Saul Loeb AFP/Getty Images

Originally published on Fri July 19, 2013 8:25 pm

(Click here for updates we added after this post was published.)

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Business
5:14 pm
Fri July 19, 2013

New Smartphone Upgrade Plans Can Be Costly In The Long Run

Nearly 60 percent of Americans have smartphones, up from just 8 percent five years ago.
Justin Sullivan Getty Images

Originally published on Fri July 19, 2013 6:12 pm

Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.

"You're paying essentially twice," says Avi Greengart, who is research director for consumer devices at Current Analysis and does some consulting for the industry.

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