GOOD DAY FOR: Thinking small, as Ford is preparing to unveil a new strategy Thursday that will dramatically shift its focus from large pickups to small, fuel-efficient cars. The changes, which include converting three U.S. truck plants to car plants, are a high-stakes bet on Ford’s part that U.S. consumers have made a permanent shift to smaller vehicles. (The New York Times)
BAD DAY FOR: Punishing malfunctions, after a federal appeals court threw out a $550,000 fine that the Federal Communications Commission had levied on CBS for the “wardrobe malfunction” that showed Janet Jackson’s breast for nine-sixteenths of a second during the 2004 Super Bowl. The court said Jackson and dance partner Justin Timberlake were independent contractors, and that the fine was arbitrary and capricious. (Los Angeles Times)
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Peter Mandelson called Epstein his 'best pal' in birthday noteSpeed Read The UK's ambassador to Washington described the late convicted paedophile as an 'intelligent, sharp-witted man'
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A Spinal Tap reunion, Thomas Pynchon by way of Paul Thomas Anderson and a harrowing Stephen King adaptation in September moviesthe week recommends This month's new releases include 'Spinal Tap II,' 'One Battle After Another' and 'The Long Walk'
