Word: tuesday
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...Anyone planning to cross the Atlantic in the foreseeable future knows how expensive Europe has become. After some misinterpreted comments by a French policymaker, the single European currency hit a new all-time high against United States currency last Tuesday: It briefly cost 1.60 dollars to buy a euro. The dollar’s weakness predates the current financial crisis investment banks are fretting about and the prophecy of recession. Driven by gargantuan budget deficits in Washington and compounded by a negative American trade balance, the euro has been gaining ground against the dollar for years...
...there were any true believers in such a rosy scenario still to be found within the Democratic party, they were likely disabused of that notion by the results of Tuesday's Pennsylvania primary. After six weeks of an increasingly negative contest, Clinton's solid, 10-point victory almost guarantees that the Democratic race will continue into June. The once-gleeful pundits now find themselves turning their rental cars toward Indiana while Republicans marvel at their luck and Democrats try to game out a resolution that doesn't involve a convention-floor battle in Denver...
...what may prove to be a milestone for corporate reform in South Korea , the country's most powerful businessman on Tuesday resigned from his post as chairman of Samsung Electronics...
...Starting Tuesday, a group of conservative activists led by Floyd Brown, author of the famous Willie Horton ad used so effectively against Michael Dukakis in 1988, will begin a campaign to tar Obama as weak on crime and terrorism, a strategy that aims to upend Obama's relatively strong reputation among Republican voters...
Sources at Dow Jones & Company Inc. say that Marcus Brauchli, managing editor of The Wall Street Journal, is submitting a letter of resignation, with his departure to be announced as early as Tuesday morning. The separation is said to be amicable and Brauchli is likely to stay with the company in a yet-to-be-determined capacity. One source says a search is already under way for the next managing editor...