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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


Wall Street Journal Original article ›
WSJ Original article ›
LyrArc Article Gist
Former FBI chief Comey told Senators at a Senate Intelligence Committee hearing that he felt pressure from president Trump to drop the investigation into Mr. Flynn, a Trump adviser. He also said that he leaked accounts of his conversations with the president through a friend, in the hope that this would lead to appointment of a special counsel. Later Mr. Mueller was appointed Special Counsel. Comey said he would not say that this was an obstruction of justice but something that Special Counsel Mueller had to examine.  Comey said his intuition told him he had to document all conversations with president Trump, so that there would not be any questions about what was said. 

WSJ Original article ›
LyrArc Article Gist
Here are tips on setting  up covid vaccine appointments. Using your phone is important to look up vaccine offering places and governmental health organizations, signing up successfully with personal information, and being very quick to respond when a response is received offering the vaccine. Getting the first spot available is key to getting the process of vaccination started. The vaccine slots get filled very quickly making it critical to act fast. Once one has found the right website and registered one's information the process works for India and the US. Appointments can be setup for older relatives in India or in the US after one has entered one's information for address and phone number, email.

Washington Post Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
In the apps area Apple's iPhone has a huge lead over RIM's Blackberry device. Apple has 225,000 apps, with 15,000 added each week. RIM's App World store shows only 7000 apps. Apps stores generate hundreds of millions of dollars for Apple compared to about $10 million for RIM. One problem is that an app that takes a month for software programmers, takes three times as long for the Blackberry.
The Guardian Original article ›
NYTimes.com Original article ›
LyrArc Article Gist
Unlimited water can be drawn from wells in Arizona. How this is affecting the state's water supplies under the ground is shown here in the NYT- with alfalfa grown to ship to Saudi Arabia.

New York Times Original article ›
LyrArc Article Gist
Reaction to Sheila Bair, chairwoman of FDIC 's proposal to help solve the mortgage and housing crisis. The Bush Administration and Treasury react coolly. The WSJ report indicated no legislation was required, but the NYT report here says the program would require legislation. In Congress Barney Frank who has a bill of his own to help homeowners says this shows the Bush administration was not doing enough. his concern with the FDIC proposal is that it gives the money directly to lenders.
WSJ Original article ›
LyrArc Article Gist
Steep rate increases hit retirees holding long term care policies. About 7.3 million retirees hold such policies.This means that either retirees pay these steep price increases or simply are forced to turn away from the policies. A safety net has now turned into something else. Sales of such policies have dropped from 750,000 in 2002 to 100,000 in 2016, and even fewer in 2017, according to the American Association for Long term Care Insurance.

Wall Street Journal Original article ›
The New York Times Original article ›
LyrArc Article Gist
Sony has made a strong recovery with shares up significantly in October 2017. Sony earned a profit of $1.79 billion in three months to Sept. 2017. This is four times what the profit was in the same quarter in 2016. After the sale of Vaio PC division and other divestment by Sony, the times are changing at Sony. Now even robot Aibo is back and looking at a brighter future. Sony made large gains from making some of the key parts in smartphones, such as image sensing circuits, which has helped makeup for the less profitable television business.

Wall Street Journal Original article ›
LyrArc Article Gist
Every change of the exchange rate by 1 yen costs Sony $59 million in loss incurred. Sony plans to shift production sites and cut production costs at existing locations to mitigate effects of a stronger yen.
Economist Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Lagging growth in GDP per capita, productivity growth, in Italy, with small family business unwilling to take risks for growth, and bureaucratic hurdles for business. To get an idea how Italy has lagged severely behind other countries in Europe, consider that GDP per capita increased by 28% in Spain, and 22% in France, compared to only 8% in Italy during the 20 year period 1993-2013, according to the Conference Board. Productivity growth measured by GDP per hour worked for Italy showed growth of only 13% in that 20 year period, compared to 30% in France and 23% in Spain. Since the 2008 global financial crisis the Italian economy has shrunk by 9% and growth is barely 1% in 2014. During 1993-2003 top performers Germany showed 31% increase in GDP per capita and 32% increase in productivity growth, the UK showed 44% increase in GDP per capita and 38% in productivity growth. Because of slowing population growth GDP growth has to come from productivity increases in Europe. France is the strongest in terms of productivity with $59 of GDP per hour worked, UK $51, and Germany $57. Italy at $45 has fallen behind Spain at $50. Conference Board statistics show GDP per capita in inflation adjusted, purchasing power adjusted 2013 dollars at $35,847 for France, $40,868 for Germany, $30,145 for Spain, $39,904 for Britain, and Italy lagging behind at $31,386. Most of the gains were made before 1993 for Italy, whereas Spain surged in the period after 1993 only slowing after 2008. The struggles in the U.S. auto industry showed how well meaning changes for labor in the early postwar period if not adapted to changes in the global economy decades later can lead to sharp decline before adjustment is made. In Italy well meaning labor laws in the early postwar period not adapted to changes in the global economy decades later, combined with cultural behaviour of entrenched group interests, and a bureaucratic government, have stifled growth and productivity....
The New York Times Original article ›
LyrArc Article Gist
Hubbard and Kirkpatrick in this report say Prince Salman, at 32 years one of the youngest rulers in the Middle East, has taken steps that his predecessors had shied away from. It cites the war in Yemen against Iranian faction, blockade of Qatar, and taking power from conservative clerics. This report points out that this could destabilize the efforts at modernizing Saudi Arabia that are needed because Saudi Arabia may find itself overextended in proxy wars, and ambitious projects. The Saudi financial reserves have fallen from $737 billion to $475 billion, with declining oil prices, and the public stock offering of Aramco oil company may be jeopardized. 

Wall Street Journal Original article ›
LyrArc Article Gist
John Malone offers some frank comments on the economy, on the dollar and the Obama administration. He has little confidence in America's future. The dollar is strengthening he says only because of the situation in Europe in the Mediterranean countries. He says the Obama administration consists mainly of lawyers and advisers, people who are better at dividing the pie, not enlarging the pie, the kind of thing we need so much now. He sees the risks to his company Liberty coming mainly from the economy. He has big concern about the retail side, consumers and the larger economic conditions, the macroeconomic picture. He draws attention to the fact that nobody will make it if America doesn't, and that for the next year or two things will be tough.
WSJ Original article ›
WSJ Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Jerry Seib provides a summary of the reasons why Chuck Hagel was asked to step down as Secretary of Defense. He was not deeply involved in the decision to not follow up on the president's "red line" remarks on Assad. He was seen as too laid back as the Iraq and Syria conflict flared up. His fit initailly seen as favorable as a war veteran bringing 2 wars to an end, suddenly appeared to be unfavorable as the administration had to increase committment to the war effort. Following the midterms and the president's NSA defense team being seen as weak by Republicans the pressure to make changes increased. The military establishment did not want to see the loss of gains made in Iraq and pushed in one direction, whereas the NSA team was pulling in another direction, and Hagel's recent memo to the NSA advisor expressed the frustration that action was too slow. As spokesman for the administration's policy Hagel was not seen as credible to adminstration critics.
New York Times Original article ›
LyrArc Article Gist
The Trump administration is taking aim at drug costs under Medicare inflated by deals pharmaceutical companies make with industry go-betweens.  These are the secret deals of pharmaceutical companies with pharmacy benefit managers who negotiate the price of drugs for insurers and employers.

Under the proposal pharmacy benefit managers lose the legal protections that let them take rebates from drug companies.

Wall Street Journal Original article ›
LyrArc Article Gist
Gasoline pries hit $5.00 a gallon in California in October 2012.
Wall Street Journal Original article ›
Wall Street Journal Original article ›

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