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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.

Tim Cook, the interview: Running Apple 'is sort of a lonely job'

13 Groups   
Washington Post - 08.16.2016 Original article ›
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Tim Cook is interviewed by Jenna McGregor of The Washington Post. He describes the problems he faces running Apple. He had expected Jobs to stay on as  chairman to continue leading the company even after the illness. Cook thought Jobs would "bounce" back. The death of Jobs was a big blow for Cook. Cook describes taking advice from Jobs's wife Lucerne at key moments. For tax issues before Congress he talked to Blankfein of Goldman Sachs, on political issues with Bill Clinton, and on personal issues with Anderson Cooper of CNN. The books he is reading include Mohandas Gandhi's "The Story of My Experiments with Truth," that he found at the Gandhi Ashram in Gujarat, India, on a recent visit. 

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How Germany’s SEC Dismissed a Decade of Warnings About Wirecard

  
WSJ - 07.22.2020 Original article ›
Tom Fairless, Patricia Kowsmann, Paul J. Davies
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A decade of warnings were ignored by Geran regulatory agency BaFin about wrongdoings at Wirecard. The company went bankrupt after about $2 billion was missing in accounts that did not exist in the Philippines.This comes after the VW emissions cheating scandal, and the troubled Deutsche bank behaviours leading to fines, showing Germany's poor record in action against corporate wrongdoing. Germany's Ba Fin repeatedly played down the questions about wrongdoing, kicked the ball to other agencies, and delayed examining the Wirecard accounts, says this WSJ report. A parliamentary investigation is being called for by opposition parties. In January 2019 Financial Times reported fraud allegations at Wirecard Singapore, yet Angela Merkel supported its acquisition of a company in China in talks in 2019.

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Original article 7 minutes, gist 1 minute

How a Heat Dome Creates Dangerous, Record-Breaking Temperatures

  
WSJ - 06.19.2024 Original article ›
Eric Niiler
LyrArc Article Gist
Heat domes such as this one are rarely seen in the northeastern US. This week mid June 2024 is seeing a heat dome develop over areas from Albany, New York to Pittsburgh and Chicago. A heat dome is an area of compressed air like a lid on a pot that stays that way over a vast area with the sun heating the air at the surface till air flows in from another part of the US. Thus seen in the summer in the south and southeast rarely in the north and northeastern US and is one more sign of the cha nges in weather patterns coming from climate change. Itself a result of business and industry operating over decades on fossil fuels coal and oil without any oversight over consequences.

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Homeless or Overhoused: Boomers Are Stuck at Both Ends of the Housing Spectrum

  
WSJ - 05.10.2024 Original article ›
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The $3 billion proposed by president Biden is the first time in history that money is being allocated to tackle elder homelessness. This WSJ report shows how older boomers holding onto larger homes for retirement and aging in these homes is worsening the supply of housing. Including for younger boomers who are in their 50's and who because housing is less affordable or because of a life event or healthcare costs are facing a high rate of homelessness. WSJ's report says $3 billion is unlikely to get thorough this Republican Congress but it is not enough to tackle the problem -because people should not be destitute in this way such as these younger boomers in America as an advanced developed Nation.

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Joe Biden withdraws from presidential race after weeks of pressure to quit

6 Groups   
The Guardian - 07.21.2024 Original article ›
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US president Biden makes the decision not to run for reelection. He endorses Kama Harris to run as nominee of the Democratic party.

My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best decision I’ve made. Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats – it’s time to come together and beat Trump. Let’s do this. 

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How Booming Electricity Demand Is Stalling Efforts to Retire Coal and Gas, in Charts

  
WSJ - 08.16.2024 Original article ›
Ashley Cai
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The demand for electricity in US electricity power markets shows the demand growth for electricity doubled in 2024 forecasts compared to 2023 forecasts. Increased electricity demand was shown for Texas and the western US. The outlook for carbon emissions in 2024 is for higher energy demand and meeting of the extra demand by keeping coal plants running for longer and not retiring as many coal plants as predicted in 2023 outlook for carbon emissions. This is a major concern from the point of view of climate change action. According to the Department of energy since beginning of 2022 547 fossil fuel powered generators were predicted to be retiring. 36% of these had their retirement dates pushed back to keep the grid's reliability. 

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Trudeau meets with Trump in Florida amid tensions over tariff threats

  
France 24 - 11.30.2024 Original article ›
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Canadian prime minister Trudeau met with DJT at Mar-a-Lago. DJT said Mexico and Canada are not doing enough to stop flow of drugs in particular fentanyl into the US, and undocumented migrants. Trudeau said "when Donald Trump makes statements like that. He plans to carry it out." For Canada many dubious and questionable policies on immigration under Trudeau can be corrected. It has the most at stake as it exports $423 billion of goods to the US and 2 million people are employed in these exports. For a long time Mexico and Canada have remained insensitive to how policies led to harm for the American people, in ways that are unprecedented in American history and since the settlement of the North American continent.

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Rock-Star Law Firms Are Billing Up to $2,500 per Hour. Clients Are Indignant.

  
WSJ - 10.05.2024 Original article ›
Erin Mulvaney
LyrArc Article Gist
It was Doctors, the Bankers, Consultants, now it is Law Firms imposing outrageous costs on the economy. Law firms indirectly adding to the cost of doing business with outrageous per hour rates ($2500 per hour?), costs sure to be transferred to consumers and buyers in today's Cost of Living crisis. Another instance of price gouging in a different context that pushes up costs and prices, something Harris talked about in the debate.

There is a 30% jump in lawyer fees from $190,000 to $250,000, for junior associates since 2018. It is just not sustainable. Part of the problem is  hourly rates and companies such as Shell are looking for alternative arrangements- ones that make the final costs predictable and transparent.

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Fentanyl fatality rate higher in Canada than US, public safety official says: 'We are connected by this crisis'

  
Le Monde.fr - 02.06.2025 Original article ›
LyrArc Article Gist
One can only take note now how far in a matter of weeks the Canadian government's attitudes have changed. Fentanyl deaths per day 205 US 21 Canada comparable for population in 2025 says Le Monde. US population 325 million, Canada's population is a tenth of that, both have fentanyl deaths that are at the same level.

Canada's Public Safety Minister Dsavid McGuinty says- "On per capita population, we're losing more Canadians than Americans are losing Americans. We are connected with this crisis."

Trudeau said "we agree wholeheartedly with our American neighbors that fentanyl must be wiped from the face of the earth."

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Original article 1 minute, gist 1 minute

In China’s Rapidly Aging Cities, Young People Flee and Few Babies Are Born

  
WSJ - 12.10.2024 Original article ›
Yoko Kubota, Liyan Qi | Photographs, Videos By Andrea Verdelli For Wsj | Graphics By Ming Li
LyrArc Article Gist
What is it like in Fushun, China? A city of 1.7 million in northern China it was a city that led in China's revolution against feudal regime and colonial occupation, and in cutting the birth rate. It is similar in size to Detroit, yet has only 5000 births compared to 20,000 in Detroit. Signs of aging are everywhere in Fushun as China's birthrate drops below 1.  For population to remain stable birthrate has to be 2.1. It is 0.7 in Fushun.

In Fushun most refineries and coal mines are closed. A third of the population is over 60 years old and half of the young people have left the city. In 10 years half of the population will be 60 years old. 

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'You have to just draw something that you hope is funny': How Charles M Schulz created Charlie Brown and Snoopy

  
BBC News - 12.09.2024 Original article ›
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American cartoonist Charles Schulz and his creations Charlie Brown and Snoopy. Schulz says he drew children because that is what editors liked.

In a 1977 BBC interview Schulz says-

"I'm talking only about the minor everyday problems in life. Leo Tolstoy dealt with the major problems of the world. I'm only dealing with why we all have the feeling that people don't like us."  

Charles Schulz drew every cartoon himself from 1950 to 2000.

He says he described the human condition. He once said- "I am dealing with love and hate, mistrust and fear and insecurity."

The cartoon strip was put in 2600 newspapers worldwide.

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Exclusive | General ‘Razin’ Caine Vaults Into the Top Tier of Trump Advisers

  
WSJ - 06.26.2025 Original article ›
Lara Seligman, Josh Dawsey, Alexander Ward, Natalie Andrews
LyrArc Article Gist
Straightforward, succint, and to the point, meet Lt Gen. Dan Caine former F-16 fighter pilot. Dan Caine is in DJT inner circle for his forthright answers. He does not go on and on and answers questions from the president direct and to the point. During the strikes on Iranian nuclear weapons facilities he and DJT had direct conversation in the White House on all aspects and details, increasing confidence in Caine. Caine was seen positively in the press briefings with his attention to detail, forthright non-political manner, and direct non-evasive answers. He has added to the public's confidence in ways that cannot even be described, a rare achievement for someone in the military not enjoyed by a military officer since Eisenhower.

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What Blagojevich’s Sentence Says About Corruption and Greed

12 Groups   
New York Times - 12.08.2011 Original article ›
James Warren, James, Warren
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James Warren talks to judges and other experts who are skeptical about the value of deterrance in stopping white collar criminal behaviour. Jim Cramer of the television financial markets show, says that on Wall Street they fear nothing more than jail time. Warren, who says the greatest corruption of legal and illegal kinds is to be found today in the financial sector, is still not convinced. He asks why was this guy Bagojevich elected a second time, when it was clear throughout Chicago and in Springfield that pay-to-play was typical of his behaviour. Is the public some virtuous group that gets hit with these undeserved types or is it that the public gets the politicians it deserves.
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After Santorum Left Senate, Familiar Hands Reached Out

3 Groups   
New York Times - 01.05.2012 Original article ›
Mike Mcintire, Mike, Mcintire, Michael Luo, Michael, Luo
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This New York Times report shows that Rick Santorum sponsored legislation that would have helped Universal Health Services, a Pennsylvania based hospital management company, win hundreds of millions of dollars in additional Medicare funds for its hospitals in Puerto Rico. After losing his Senate reelection bid in 2006, Santorum joined the board of Universal Health Services, and was paid $395,000 in director's fees and stock options. Santorum also worked as a consultant to Consol Energy after his failed reelection bid. This was after advocating policies that would help the Pennsylvania gas and coal producer. The Times also reports that during the time Santorum was in the Senate he had developed close ties to Washington lobbyists.
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French Surgeon, Jacques Beres Recalls Slipping Into Syria Last Month

5 Groups   
New York Times - 03.12.2012 Original article ›
MaÏA De La Baume, MaÏA, De, La, Baume
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French surgeon, Dr Jacques Beres, who is 71, was one of the founders of Medecins San Frontieres, or Doctors Without Borders. He operated on 89 people in Homs and Homs province, during the attack on the region by forces loyal to President Bashar of Syria. Hager, Hodge and Rouselle give an account of the efforts to save lives by Dr. Beres. His trip to Syria was supported by the France-Syria Democracy group and by UAM93, which represents Muslim associations in the Paris suburb of Seine St-Dennis. Dr. Beres told the French radio network RTL that he was sad, and that he saw useless suffering in Homs, with cruelty and meanness for children and families.
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Allan Blakeney, Pioneer of Canadian Health Care, Dies at 85

1 Groups   
New York Times - 04.19.2011 Original article ›
Douglas Martin, Douglas, Martin
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Allan Blakeney was health minister of the Canadian province of Saskatchewan, and later premier of the province. Blakeney, as health minister in premier Woodrow Lloyd's government expanded a program in 1962 to cover the costs of doctor provided medical care. Earlier in 1946, the Saskatchewan government of Tommy Douglas setup a program of universal insurance coverage for hospitalization. This program of universal healthcare was extended to all of Canada in 1966. He later headed the provincial New Democratic Party and was premier of Saskatchewan from 1971-1982. During this period he introduced a New Deal for People, which included a dental program for children, prescription drug program, subsidized housing and a guaranteed income supplement for the elderly poor.
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U.K. Parliament Rejects Syria Action

5 Groups   
Wall Street Journal - 08.30.2013 Original article ›
Cassell Bryan Low, Cassell, Bryan Low
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The British parliament defeated a measure put forward by prime minister Cameron for military response to the chemical weapons attack in Syria in August 2013. The vote against British intervention was 285 to 272 with members of his own party and Liberals voting against the measure. The case put forward by Cameron was based on humanitarian grounds, and to prevent the use of chemical weapons in the future. Under pressure from politicians from all parties Cameron decided to put this to a vote in parliament following a debate on Aug. 29, 2013. In calling for the vote Cameron said he was deeply mindful of the deep concerns about Britain's intervention in Iraq in 2003.
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The Crisis Came. Mexico Didn’t Fail. Surprised?

1 Groups   
New York Times - 05.10.2009 Original article ›
Larry Rohter, Larry, Rohter
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Larry Rohter says Mexico handled the swine flu epidemic much beter than China handled the SARS epidemic in 2002. Before it was brought under control SARS cost 700 lives, by contrast Mexico's response was much quicker and the government and health authorites in Mexico worked with labs in North America and the Centers for Disease Control ad Prevention in the USA, to prevent its spread. The cost in lives was much smaller, with 42 lives lost. Mexico is not the failed state that it is presented as in the media suggests Lohter. This is the impression created by adetailed account of the crisis in the WSJ, see the link, on the swine flu epidemic.
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A Berliner’s Portraits of People and Her Familiar, and Foreign, Home

1 Groups   
New York Times - 01.08.2009 Original article ›
Michael Kimmelman, Michael, Kimmelman
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Gisele Freund's photographic account of how a world changes, the world of her childhood at the turn of the century Berlin (she was born in 1908) and then after her return to Berlin in 1957 before the wall went up. This was an unfamiliar world to her. Her pictures are at the Willy Brandt Haus exhibition in Berlin, and at the Ephraim Palais for the pictures from 1957 and 1962. In the subsequent 50 years the Berlin Wall was to go up and come down, bringing more change and a new Berlin different from that in the late fifties, and a even more different Germany. A story of change told in photographs of Berlin.
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Thain Resigns Amid Losses at Bank of America

7 Groups   
New York Times - 01.23.2009 Original article ›
Julie Creswell, Julie, Creswell, Louise Story, Louise, Story
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Siome things that emerge from this report are that Thain spent some $1.2 million in redecorating his office after Bank of America acquired Merrill Lynch. This was after the near demise of Merrill from taking excessive risks. Sources also say Thain asked for a $30 million to $40 million bonus which was not approved. A few days before the Merrill deal was finally concluded on January 1, under stressful circumstances because of Merrill's huge impending losses, Thain issued bonuses of millions of dollars to Merrill executives. See the links to Merrill for the pattern of giving bonuses worth 100 times the salary to Merrill executives under a former CEO of Merrill Lynch in 2006 and 2007.
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Ruling Ripples Beyond Drug Firms

1 Groups   
Wall Street Journal - 03.05.2009 Original article ›
Avery Johnson, Avery, Johnson, Alicia Mundy, Alicia, Mundy, Jess Bravin, Jess, Bravin
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The Supreme Court's ruling against Wyeth knocks down a 2006 Bush administration regulation which declared that permitting product-liability law suits conflicted with "FDA's role "as the expert federal agency responsible for evaluating and regulating drugs." Justice Paul Stevens writing the majority opinion said the Bush position is "entitled to no weight, and was "inherently suspect because no evidence was given in support of its position and the states and the public did not get an opportunity to comment before it was issued. Wyeth had argued that it met FDA guidelines in the label for its antinausea drug Phenergan, and wasn't liable when a 63 year old guitar player lost her arm after receiving the drug.
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EU Is Planning Measures To Protect Biofuels Industry

1 Links 7 Groups   
Wall Street Journal - 01.23.2008 Original article ›
John W. Miller, John, W., Miller, Tom Wright, Tom, Wright
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A new EU law on transport biofuels would require that biofuels companies prove that their biofuel production and use reduces greenhouse emissions by at least 35% compared with production and use of traditional fossil fuel. That means rapeseed oil based biofuels pass with 37% emissions cut and corn based ethanol which only does 22% fails. No US corn based ethanol would be imported into the EU and it shows that in these policies the EU is way ahead of the USA. See the link to the Yale -Columbia survey rating countries record on greenhouse emissions and the environment where the EU is way ahead of the USA, and the USA lags way behind in many areas.
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Donald Trump Calls for Ban on Muslim Entry Into U.S.

1 Links 3 Groups   
Wall Street Journal - 12.08.2015 Original article ›
Reid J. Epstein And Peter Nicholas, Reid, J., Epstein, And, Peter, Nicholas
LyrArc Article Gist
Donald Trump proposes a ban on Muslims entering the U.S. until U.S. authorites have figured out what is happening following the San Bernardino terrorist attack. A poll by PPP polling firm cited in The Washington Post, shows 30% of Republicans thinking Islam should not be legal in the U.S. and 21% not sure, showing how Trump is appealing to white working class Americans and their fears. Experts say this is similiar to a movement in the 1850's which was anti-Catholic, except that at the time there was not the media attention and the presidential elections season running for a year, so that this was happening more at the local level.
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Bill English: the Catholic conservative who will be New Zealand's next PM

  
The Guardian - 12.08.2016 Original article ›
Eleanor Ainge Roy
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A conservative Catholic farmer becomes prime minister of New Zealand in 2016. Bill English grew up on his family's 125 year old farm, and says it was not about politics for politics sake in his family, but about education for their kids, farming and such things. He says it is very helpful for someone in public life to sit down and hear for an hour in mass about forgiveness, sinfulness, mercy, worship, and lives of people in a  thousand years, which are absent in daily discourse.

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Original article 3 minutes, gist 1 minute

Reform or Bust

1 Groups   
New York Times - 09.21.2009 Original article ›
Paul Krugman, Paul, Krugman
LyrArc Article Gist
Krugman points to the return to business asusual in the banking sector with bonuses and compensation. He also notes President Obama's reluctance to take afirm stand on this issue and back the Fed's efforts to cap bonuses, especially the remark by Obama that while banker's pay issues was raised nothing was said about Silicon valley and for sports sector pay.
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