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
- What would a U.S.-Russia war look like?
- Fall movie guide: All the films you should see in September
- Scottish independence is another financial crisis waiting to happen
- Hey, grammar nerds! Stop freaking out about 'alot.'
- The elusive 'It factor' in presidential politics
- 11 scientific studies that will restore your faith in humanity
- 10 things you need to know today: September 1, 2014
- Why the West should let Russia have eastern Ukraine
- 7 things the world's happiest people do every day
- The keys to succeeding with a job recruiter
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