10:45 AM, February 3rd, 2012

Frontpage: Friday, Feb. 3rd

  1. SEC Letting Large Banks Off: A New York Times analysis shows that the Securities and Exchange Commission has been giving a pass on the biggest Wall Street firms in the last decade, letting them off on punishments meant to apply to fraud cases. Lulzies/headscratch. 
  2. U.S. Jobless Rate Drops: Great news, and much better than expected: The U.S. economy created 243,000 non-farm jobs in January, up from a 200,000 increase in December, and the unemployment rate dropped from 8.5 percent to 8.3.
  3. U.S. Fears Israel Will Strike IranDefense Secretary Leon Panetta is reportedly worried that Israel is going to attack Iran because of its nuclear ambitions. 
  4. U.S. Tourists Kidnapped in EgyptTwo American tourists and their guide were kidnapped Friday after gunmen stormed their minivan in the Sinai near a popular Red Sea resort. 
  5. Komen Founder Defends Decision: Nancy Brinker, the founder and CEO of the Susan G. Komen breast-cancer foundation, has come out to defend the organization’s decision to stop awarding grant money to Planned Parenthood for breast-cancer screening—a move that many say is backlash against abortion. Watch Brinker’s interview on MSNBC.
Video: Michelle Goldberg talks about the Komen/Planned Parenthood situation. Read her new pieces on the issue: one on Komen taking a side on abortion, and another titled How a GOP Win Would Hurt Global Women
3:58 PM, January 5th, 2011
A speedy, smart summary of news and must-reads from across the web and around the Tumblrverse, brought to you by The Daily Beast.