10:34 AM, May 17th, 2012

Frontpage: Thursday, May 17th

  1. Mladic Applauds Self in Court: Before his trial was suspended indefinitely Thursday due to the prosecution’s errors, former Bosnian Serb general Ratko Mladic nodded, smiled and clapped his hands on his lap as 16-year-old footage was shown at his U.N. war crimes tribunal.
  2. Whites Below Half U.S. BirthsWhite people have been on the way out in America for a long time, but it’s finally official: the U.S. Census Bureau announced Thursday that, of all births in the 12-month period ending in July 2011, non-Hispanic white babies made up less than half.
  3. RFK Jr.’s Estranged Wife Found DeadRobert F. Kennedy Jr.’s estranged wife, Mary Kennedy, was found dead in her home on Wednesday in an apparent suicide. An official with Westchester County in New York confirmed the death of the 52-year-old after an ambulance was outside the separated couple’s home earlier in the day. 
  4. Straw: I ‘Gossiped’ with Brooks: Britain’s former Home Secretary Jack Straw testified Thursday that he and Rebekah Brooks, the former head of News International, would “gossip” together when they commuted on the train.
  5. JPMorgan Loss Could Reach $3B: JPMorgan’s trading loss disclosed last week could be higher than the $2 billion initially thought—50 percent higher. Last Thursday, when CEO Jamie Dimon announced the loss he mentioned it could mushroom in the coming months because of the market. 

Photo of the Day: May 16, 2012

The Role of Prince Charming
Alec Baldwin carries fiancee Hilaria Thomas up stairs at the red carpet at Cannes.

More photos from Cannes’ starry opening night

Reblogged from Picture Dept
10:18 AM, May 16th, 2012

Frontpage: Wednesday, May 16th

  1. Mladic War Crimes Trial BeginsThe trial of Ratko Mladic, the man accused of being responsible for the bloodiest genocide in Europe since World War II, began on Wednesday at The Hague, 17 years after the Bosnian conflict ended. Mladic is charged with 11 counts, including two counts of genocide, war crimes, and crimes against humanity during the Bosnian conflict, including the massacre of 8,000 Muslims in Srebrenica. 
  2. Greeks Pulling Funds From BanksGreeks are withdrawing euros from banks over fear of the country exiting the single currency and the rapid devaluation they would suffer as a result. In a meeting between Greek President Karolos Papoulias and political leaders, Papoulias spoke of the “fear that could develop into panic” at the country’s banks as the political parties failed to form a coalition government and a new election was announced. 
  3. Romney Wins Nebraska, Oregon Primaries: And the winner is … Mitt Romney! The former Massachusetts governor had no problem running to victory in both Nebraska and Oregon on Tuesday night, winning nearly 70 percent of the vote in the Cornhusker State with three quarters of precincts reporting. 
  4. Facebook IPO Could Top $16BFacebook will increase the size of its initial public offering by 25 percent, a source told Reuters on Wednesday—meaning the company could raise as much as $16 billion before its shares go public on Friday. If the IPO is increased, it will be the third-largest initial share sale in history, after Visa and General Motors. 
  5. Russian Cops Break Up Protest Camp: Russian police ousted political protesters from a campsite in Moscow early Wednesday morning, a day after a judge ordered the site be cleared because of complaints from neighborhood residents. Police had initially said they wouldn’t move in until noon against “OccupyAbai,” named after the statue of a 19th-century Kazakh writer in Chistye Prudy park, but instead swooped at 5:30 a.m. 

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Photo: JPMorgan Chase CEO Jamie Dimon attends a session at the World Economic Forum in Davos, Switzerland, Jan. 27, 2011. (Vincent Kessler / Landov) Read: "Dimon’s Unshakbale Hubris."

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