The S&P 500 fell 1.1% — its biggest fall since March 16.
May, 2011
Morning Market Report: S&P slumps, local markets down
Daily Proposition: Live by the stars (like Rihanna)
Shunning the religious ceremony of Easter, Alexandra Patrikios sought out the only modern force powerful enough to deliver a messianic muse — the top 40 charts. What would Rihanna do?
Media briefs: Assange keyholed … Kernot on the BBC …
After taking a whole day to report on Julian Assange’s peace prize win, The Guardian weirdly photoshopped Assange’s face. Plus, other media news of the day.
Video of the Day: American history, Huckabee style
Mick Huckabee has announced a new program for kids focused on “unbiased” history lessons, in the form of short pro-Republican animated episodes. For a sneak peek check out the below clip, which reveals how a saviour came to restore peace, equity and fairness to the land. His name? Ronald Reagan.
Political snippets: Variation on a theme
Space and time in the media expands to fit the journalists available.
Tips and rumours: Tips and rumours
Trouble for Qantas to Dallas. Following on from Ben Sandilands’ article on the Virgin-Delta deal: To make it worse about six weeks ago Boeing offered Qantas six new 777-300s, which were an option for American Airlines (it doesn’t want them). Naturally it knocked them back. This info came from a pilot manager and a Boeing rep […]
Crikey Says: Crikey says: who’s middle class?
News Limited papers are proud of igniting this “debate” — based on the very flimsy fact that the government have extended the existing pause on indexation of the thresholds at which middle-class welfare cuts out.
Media briefs: Fairfax to strike? … more Behrendt beat-ups …
Fairfax staff have not ruled out rolling industrial action to shut down The Age and The Sydney Morning Herald after Greg Hywood’s botched announcement yesterday. Plus, angry Lonely Planet staff and other media news.
The world has more than one Mark Zuckerberg
If you had Googled “Mark Zuckerberg” in 2004 you would have been directed to bankruptcy lawyer Mark S Zuckerberg. Now, his name overtaken by a far more famous man, the Indianapolis resident is marketing himself as “Other Zuckerberg.”
Democracy, radical islamism and views from a Tunisian bookshop
From a crowded bookshop in Tunis, the capital of Tunisia, Jeffrey Goldberg considers the potential for pro-democracy protests in the Middle East to lead to radical islamism.
Renewable energy can power (nearly all of) the world
Nearly 80% of the world’s energy needs could be met by renewable energies by 2050, according to a new report by the Intergovernmental Panel on Climate Change (IPCC), writes Amber Jamieson.
No mercy: Fairfax errs in sticking with sub sack plan
Fairfax CEO Greg Hywood ignores union pleas to backflip on outsourcing subeditors, forging ahead with the controversial proposal and sending morale inside his newsrooms plummeting.
Back in my day, we had better music. Or did we?
Why do people get more and more bitter about new music as they get older? Steven Hyden argues music remains just as good, varied and transformative as ever — it’s the listeners who change.
infographic 
The history and future of computers
Mashable has designed an REM-inspired infographic that charters the history of computers and hypothesizes about the future, predicting quantum and DNA based electronics.
Jericho: The question is not ‘who is rich’ but ‘who cares’?
Reportage of the federal budget was generally of a high quality, but some media outlets were sidetracked by the pointless question of who is rich and who is not, writes Greg Jericho.
Controlling movies with the power of your Mynd
A new technology called MyndPlay claims viewers can change the outcome of a movie or video simply by using the power of their minds. It’s mostly balderdash, says Luke Buckmaster, but the technology does present some intriguing possibilities.
How the media that pretend we’re ‘soft’ encourages people smugglers
Since the election of the Labor government in 2007, far-right columnists have been campaigning hard, with every ounce of their influence, in the interests of “people smugglers”, argues Jeremy Sear.
crikey live Climate change: the long view
Join Crikey Live at 12:30pm EST today to discuss climate change with Sophie Black, Bernard Keane and Dr Susannah Eliott, CEO of the Australian Science Media Centre for Climate Change.
FAA acts on inadequate pilot training
It seems that much of the evidence given by CASA, Jetstar, Boeing Australia and other flight training programs to the senate inquiry into pilot training and airline safety may need revision, writes Ben Sandilands.
Cover blown on new Qantas off-shore plans
Qantas is seeking an air operator certificate in Malaysia and is working on the launch of an off shore ‘quality business airline’ based in Asia, reports Ben Sandilands.
Some context to the budget’s mental health announcements
Mental health is a particularly fraught area of public policy. Croakey presents two pieces which provide some historical and current context to the cutbacks to the Better Access program, which were announced in this week’s federal budget.
Mental health: PM, Butler get credit — are professions up to implementation?
Prime Minister Julia Gillard and her Mental Health Minister, Mark Butler, have been praised for their role in the budget’s mental health announcements.
