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The Two-Way
2:11 pm
Thu May 16, 2013

Obama Has 'Complete Confidence' In Attorney Gen. Holder

Originally published on Thu May 16, 2013 4:21 pm

The Justice Department's controversial decision to search phone records of Associated Press reporters and editors while investigating the source of a leak has not shaken his trust in Attorney Gen. Eric Holder, President Obama said Thursday.

He has "complete confidence in Eric Holder as attorney general," the president said at a joint White House news conference with Turkish Prime Minister Recep Tayyip Erdogan.

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The Two-Way
1:27 pm
Thu May 16, 2013

Obama Names New Acting IRS Commissioner

Rain fell Thursday during part of President Obama's joint news conference with Turkish Prime Minister Recep Tayyip Erdogan in the Rose Garden of the White House.
Saul Loeb AFP/Getty Images

Originally published on Thu May 16, 2013 7:39 pm

Update at 5:38 p.m. ET. One More IRS Official To Leave

Another official is out at the embattled agency.

The Associated Press reports that Joseph Grant, commissioner of the IRS' tax exempt and government entities division, will retire June 3. The division scrutinized Tea Party groups when the applied for tax-exempt status.

Update at 4:45 p.m. ET. Obama Names New IRS Acting Chief

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The Two-Way
12:37 pm
Thu May 16, 2013

After Daughter Is Taken, Mother Rams Abduction Suspect's Car

Police in Albuquerque say they want to question David Jesus Hernandez, 31, about the brief abduction of a little girl Wednesday.
Albuquerque Police

Originally published on Thu May 16, 2013 3:41 pm

Police in Albuquerque, N.M., are interviewing a man they say is a "person of interest" in the abduction of a five-year-old girl. After the girl was taken Wednesday evening, her mother chased down and rammed the car she had been in; a suspect fled on foot. Authorities say the girl is safe; she was pushed out of the car shortly after being taken.

Update at 3:30 p.m. ET. 'Person Of Interest' Found:

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The Two-Way
11:55 am
Thu May 16, 2013

Almost Nerd Wars: 'Doctor Who' & 'Star Wars' Fans Have Spat

Darth Vader or The Doctor? Pick your champion.
Lewis Whyld/Andrew Matthews PA Photos/Landov

Originally published on Thu May 16, 2013 4:20 pm

Some stories are indeed too good to be true.

This BBC headline had us punching the Two-Way control board to go to light speed in pursuit of appropriate puns:

"Star Wars and Doctor Who fans clash at Norwich convention"

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The Two-Way
10:59 am
Thu May 16, 2013

David Beckham Retires From Soccer, Ending Storied Career

David Beckham, seen here on the sidelines of a 2010 World Cup match, has announced that he is retiring. The 38-year-old midfielder appeared in 115 matches for England's team and won titles in four different national leagues.
Michael Regan Getty Images

Originally published on Thu May 16, 2013 1:37 pm

David Beckham, who starred for Manchester United, Real Madrid and England's national team before heading to the United States and Paris, is retiring. The news was confirmed Thursday by England's Football Association.

The midfielder played his first game for Manchester United in 1992 and eventually rose to become captain of England's international team for more than 50 games, including several World Cup tournaments. He appeared in 115 matches for the squad.

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The Two-Way
10:27 am
Thu May 16, 2013

Berkshire Hathaway's Credit Rating Knocked Down A Notch

Warren Buffett.
Donald Bowers Getty Images for Fortune

Originally published on Thu May 16, 2013 10:53 am

Billionaire investment legend Warren Buffett's Berkshire Hathaway Inc. has had its credit rating lowered from AA+ to AA by Standard & Poor's Ratings Services.

In a statement, S&P says that even though Berkshire Hathaway has an "excellent business profile," the lower credit rating "better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income." (S&P's statement is posted on its website, but you have to register to view it.)

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The Two-Way
9:49 am
Thu May 16, 2013

Hiring Julie Hermann, Rutgers Seeks A New Era In Athletics

Rutgers athletics director Julie Hermann takes a question as university President Robert Barchi looks on Wednesday. Hermann' hire comes a month after the school fired its basketball coach over a video of abusive practices.
Mel Evans AP

Originally published on Thu May 16, 2013 10:18 am

Rutgers University officials are welcoming the arrival of new athletic director Julie Hermann as the beginning of a new era, as the school seeks to rebound from the turmoil that recently engulfed its athletics department.

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The Two-Way
9:47 am
Thu May 16, 2013

Reports: Note Found In Boat Where Boston Suspect Hid

April 20 in Watertown, Mass.: Investigators work in and around the boat in which Boston bombings suspect Dzhokhar Tsarnaev was found hiding.
Darren McCollester Getty Images

Originally published on Thu May 16, 2013 12:10 pm

In a message written on a wall of the boat where he was found hiding, Boston bombings suspect Dzhokhar Tsarnaev claimed responsibility for the attack and said it was motivated by anger over the Afghan and Iraq wars, sources familiar with what was found have told CBS News correspondent John Miller.

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The Two-Way
8:57 am
Thu May 16, 2013

Conflicting Signals From Latest Economic Indicators

Thursday morning's economic news:

-- There were 360,000 first-time claims for unemployment insurance last week, up 32,000 from the week before, the Employment and Training Administration says. At 360,000, the pace was the fastest since the last week of March. But it remained well below the 400,000-and-higher rate that lasted from mid-2008 into 2011.

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The Two-Way
8:35 am
Thu May 16, 2013

Twitter Users Risk Damnation, Say Saudi Religious Police

In January, this Saudi man in Riyadh had Twitter open on his computer.
Fayez Nureldine AFP/Getty Images

Originally published on Thu May 16, 2013 9:57 am

"The head of Saudi Arabia's religious police has warned citizens against using Twitter, which is rising in popularity among Saudis," the BBC reports. "Sheikh Abdul Latif Abdul Aziz al-Sheikh said anyone using social media sites — and especially Twitter — 'has lost this world and his afterlife.' "

International Digital Times notes that:

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