GOOD DAY FOR: Toy shoppers, after retailer KB Toys filed for bankruptcy protection and announced that it would immediately start going-out-of-business sales at its 431 locations. This is the second bankruptcy for the 86-year-old toy story, after a 2004 stint in bankruptcy court. KB Toys employs about 4,400 year-round workers and another 6,515 seasonal employees during the holiday season. (Newsday)
BAD DAY FOR: Bold predictions, after Goldman Sachs energy analysts who foresaw imminent $200-a-barrel oil prices earlier this year lowered their 2009 forecast to $45 a barrel. The analysts see oil rising to $70 a barrel by 2010 and $105 a barrel by 2012. (Reuters)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 43 TV shows to watch in 2014
- The U.S. is about to sell weapons to Vietnam. That's bad news for China.
- Why is the Pentagon stuffing caves in Norway full of tanks?
- What the Middle Ages can tell us about the GOP's big charity myth
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
- An open letter to #brands about Gamergate
- The real story behind Deliver Us From Evil
- Gamergate has backfired spectacularly on its nincompoop perpetrators
- Did the media get Ferguson wrong?
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