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New boss at The Wall Street Journal

International Herald Tribune - News Corp., which is controlled by Murdoch and which last year bought The Journal’s parent company, Dow Jones, for close to $5 billion, would invest $6 million a year to add four new pages each day for international news.

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Wall Street’s bad reputation

MarketWatch - So, does Wall Street really care about its customers? When it comes to small investors — individuals who directly invest in the market or have their retirement savings socked away in 401(k)s — the answer is no.

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Report from Tbilisi

City Journal - Russia’s invasion of Georgia has unleashed a refugee crisis all over the country and especially in its capital. Every school here in Tbilisi is jammed with civilians who fled aerial bombardment and shootings by the Russian military—or massacres, looting, and arson by irregular Cossack paramilitary units swarming across the [...]

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The Backstory on the Buffett Book

WS Journal - One of the most anticipated books of the fall is “The Snowball: Warren Buffett and the Business of Life.” The title’s publisher, Bantam, paid $7.2 million for the North American rights and expects to sell more than 1 million hardcover copies of “The Snowball,” which is due out Sept. [...]

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