Good Day, Bad Day
Good facilities, grand dilutions
GOOD DAY FOR: Good facilities, as 10 percent of India’s record rice and wheat harvests will be lost to rats and spoilage. Some 20 million metric tons of grains and lentils will rot or be eaten by pests, out of 227.3 million metric tons produced. Post-harvest storage “needs to be given more focus,” said Agriculture Secretary P.K. Mishra. “Some areas have good facilities and some areas don’t.” (Bloomberg)
BAD DAY FOR: Grand dilutions, after eBay sued classified-ad site Craigslist for taking undisclosed actions to dilute its 28.4 percent investment in the company by 10 percent. EBay bought the Craigslist stake in 2004. EBay is the 17th most popular English-language site on the Web; Craigslist ranks 45. Craigslist doesn’t disclose revenue. (The San Jose Mercury News)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
August 5 editorial cartoons
Cartoons Tuesday's political cartoons include an unflattering jobs report, Democrat weakness, and the minimum wage
-
Why is the world so divided over plastics?
Today's Big Question UN negotiations on first global plastic treaty are at stake, as fossil fuel companies, petrostates and plastic industry work to resist a legal cap on production
-
Temple Mount: the politics of Judaism's holiest site
The Explainer Latest provocation at religious site with a history of 'perpetual friction' risks violence erupting again