LIVE AT FIVE – 07.15.11

Posted on | July 15, 2011 | 6 Comments

TOP NEWS
FBI Begins Preliminary Inquiry Into News Corp

Media mogul Rupert Murdoch

Did Murdoch’s US affiliates hack 9/11 victims’ phones?

Senate and White House Cut Tentative Debt Deal
Only $1.5 trillion in cuts likely; no word on whether House GOP is on board with McConnell/Reid plan

LA’s Carmageddon Hype Much Like Y2K
Closure of I-405 unlikely to set off city-wide gridlock

South Sudan Becomes 193rd Member Of UN
General Assembly approves application by acclamation

POLITICS
DOJ Asks 9th Circuit For Stay Of DADT Repeal

As His Position Evolves

Emergency motion says ending ban now would pre-empt the orderly process outlined in repeal law passed in December 2010

Gov. Dayton Caves; No Tax Increase In Minnesota

Scott Brown Goes Squishy On Debt Deal?

Obama Campaign Moves NY Fundraiser Out Of Pfizer Offices

Florida Sheriff Satisfies Budget; Skips Free Skivvies For Prisoners

Giuliani Warns Against Rushing To Judgement On Murdoch

THE ECONOMY, STUPID
JP Morgan Chase Posts $5.4 Billion Profit, Beating Estimates
Google Shares Up Over Twelve Percent On Sales Gain
S&P Joins Moody’s In Warning Of US Debt Rating Downgrade If No Deal Reached
Conoco Phillips To Spin Off Refining & Marketing
Why Wall Street Isn’t Worried About Default
Bernanke Downplays Likelihood Of QE3
Spotify Prepares To Eat iTunes’ Lunch
Search Engines Replacing Memory, Study Shows
Motorola Photon 4G Gets Bargain Bin Treatment At Wirefly, Walmart

SPORTS
Judge Declares Mistrial In Clemens Case

Another triumph for Eric Holder's Justice Department!

Judge rips federal prosecutors for blunder in using evidence he’d barred from trial; Clemens may be safe from further prosecution under “double jeopardy” rule

New NFL Rookie Wage Plan Moves Deal Closer

Bombs Away: Blue Jays Rip Yankees 16-7

Dodgers Hoping Worst Is Behind Them

Rangers’ Holland Pitches Second Straight Shutout In 5-0 Win Over Mariners

NBA Lays Off Over 100 Workers

On The Cusp Of 100, Kyle Busch Sets Sights On Petty’s Record

FAMOUS FOR BEING FAMOUS
So Much For That Rumor