OOD DAY FOR: A cultural revolution, after Disney got permission to build a theme park in Shanghai, China’s financial capital. The deal is seen as a breakthrough for Western media companies, which have long been held at bay by a Chinese government wary of foreign popular culture. (Reuters)
BAD DAY FOR: Shifting into reverse, after General Motors infuriated Germany and Russia by backing out of a deal to sell its Opel subsidiary to auto-parts maker Magna and Russian bank Sberbank. The German government is demanding GM repay a $2.2 billion bridge loan extended to Opel while GM was seeking a buyer. GM’s board had backed a competing bid from investment firm RHJ International, which entailed more job cuts. (AP in Yahoo! Finance)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why ABC threw its Bachelor under the bus
- Why are so many elderly Asians killing themselves?
- Why Ted Cruz is the real-life Frank Underwood
- Here's proof that Justin Bieber is just as spoiled as you always thought
- Why I'm sick and tired of seeing naked women on HBO
- Here's how Iran is covering Russia's invasion of Crimea
- 22 TV shows to watch in 2014
- What the collapse of the Ming Dynasty can tell us about American decline
- What would a U.S.-Russia war look like?
- Why is it so expensive to build a bridge in America?
Subscribe to the Week