Daily equity news

“A First Lady Who Demands Substance,” - Washington Post
Michelle Obama Wants to Be Part of Events That Have Purpose And a Message — and That Parallel the President’s Agenda.

For weeks, Michelle Obama had been telling her staff and closest confidantes that she wasn’t having the impact she wanted. She is a woman of substance, with a background in law, public policy and management, who found herself relegated to role model in chief. The West Wing of the White House — the fulcrum of power and policy — had not fully integrated her into its agenda. She wanted more.

So, earlier this month, she changed her chief of staff, and now she’s changing her role.

“When jobs go, so do a city’s people,” - MSNBC.COM (Newsvine.com)

REDMOND, Wash. - For a cautionary tale, communities hard-hit by the current recession don’t have to look much further than Youngstown, Ohio.

Like many other manufacturing-dependent cities struggling in this recession, Youngstown’s economy was once booming mainly because of the success of one dominant industry. And also like those cities, Youngstown saw its fortunes fall fast and hard when that industry suddenly bottomed out, leaving many of its residents jobless and unsure what to do next.

“Unemployed Hit the Road to Find Jobs,”  - The Wall Street Journal

LINCOLN, N.H. — After seven months without a paycheck, Tim Ryan turned into a werewolf.

Laid off from a construction job, Mr. Ryan finally found work last month playing the wolfman at Clark’s Trading Post, a tourist attraction in the White Mountains of New Hampshire. For $12 an hour, about half what he made before, he dons furry rags, a coonskin cap and an eye patch and jumps out of the woods when the Trading Post’s steam train chugs by, snarling and growling at passengers.