GOOD DAY FOR: Upgrading gifts, after Venezuelan President Hugo Chavez formally returned to the U.S. a small, uninhabited island in the Delaware River that Venezuela’s state-run oil company, PDVSA, purchased in 1990. PDVSA has mostly used Petty Island, in New Jersey, for fuel storage and refining. Chavez announced the move at the Summit of the Americas; Petty Island is widely believed to be more valuable than his other gift to President Obama: a copy of the leftist book “The Open Veins of Latin America.” (BBC News)
BAD DAY FOR: Making company history, after Microsoft reported its first fall in year-over-year quarterly earnings since it became a public company 23 years ago. Microsoft was hit by a contraction in the PC market and a consumer move toward small, portable netbooks, which run cheaper versions of Microsoft’s older operation system Windows XP. The division that makes the Xbox 360 and Zune mp3 player swung to a loss. (AP in Yahoo! Finance)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- Ted Cruz is the new Sarah Palin
- How liberals are unwittingly paving the way for the legalization of adult incest
- Watch out, China — America is working on dogfighting drones
- How the Simpsons/Family Guy crossover revealed the worst of both shows
- 6 things the happiest families all have in common
- Why you probably don't have Ebola — even if you shook hands with America's 'patient zero'
- Fall film guide: All the movies you should see in October
- You're reheating pizza wrong
Subscribe to the Week