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The Two-Way
9:43 am
Mon May 19, 2014

U.S. Files Criminal Charges Against Chinese Officials Over Cyberspying

Press materials are displayed on a table at the Justice Department in Washington on Monday before Attorney General Eric Holder was to speak at a news conference.
Charles Dharapak AP

Originally published on Mon May 19, 2014 12:19 pm

(This post was updated at 12:00 p.m. ET.)

The United States has for the first time filed criminal charges against foreign government military officials in connection to cyberspying allegations.

The Justice Department is accusing five Chinese government officials of using military and intelligence facilities to steal trade secrets from U.S. companies, including Alcoa Inc., Westinghouse Electric Co., United States Steel Corp., and Allegheny Technologies Inc.

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The Two-Way
9:37 am
Mon May 19, 2014

AT&T, DirecTV And Finding A Prom Date: Reactions To Merger

"I was scratching my head," one analyst says of news that AT&T will acquire satellite TV company DirecTV for $48.5 billion in cash and stock, or $95 per share. Analysts are mixed in their reactions to the deal.
Seth Perlman, Reed Saxon AP

Originally published on Mon May 19, 2014 12:18 pm

AT&T's plan to buy DirecTV for $48.5 billion is the latest tectonic shift in the media industry, with many viewing the deal as a response to the pending merger of Comcast and Time Warner Cable.

Among business analysts and consumer advocates, response to the AT&T-DirecTV deal is mixed. Here's a roundup of what we're seeing:

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The Two-Way
8:58 am
Mon May 19, 2014

Russia Says It Has Ordered Its Troops Away From Ukraine Border, Again

Russia's President Vladimir Putin chairs a Security Council meeting at the Bocharov Ruchei residence in Sochi, on Monday.
Mikhail Klimentyev AFP/Getty Images

Originally published on Mon May 19, 2014 1:21 pm

Russian President Vladimir Putin ordered troops amassed along the Ukrainian border to return to their permanent bases, the president's office announced in a statement on Monday.

USA Today translated that statement as saying:

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The Two-Way
7:35 am
Mon May 19, 2014

Book News: Novel Mocking Literary Prizes Wins Literary Prize

The daily lowdown on books, publishing, and the occasional author behaving badly.

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The Two-Way
7:24 am
Mon May 19, 2014

South Korea's President Will Disband Coast Guard

People watch a live speech by South Korean President Park Geun-hye, who said she is disbanding the coast guard over its handling of the Sewol ferry disaster.
Lee Jin-man AP

Originally published on Mon May 19, 2014 2:01 pm

Apologizing for a rescue operation that saved only a fraction of the passengers on a ferry that sank last month, South Korea's president said she plans to dismantle the country's coast guard and reform its emergency and safety systems.

President Park Geun-hye announced the shakeup in a televised address to the nation. At times, she wept as she spoke, particularly as she read out the names of passengers and crew members who were killed. Most of those who died were teenagers on a high school trip.

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The Two-Way
5:39 pm
Sun May 18, 2014

AT&T To Acquire Broadcast Provider DirecTV

Originally published on Mon May 19, 2014 12:17 am

Telecommunications giant AT&T and DirecTV announced Sunday that the two companies had reached a definitive agreement which would see AT&T acquiring the broadcast service provider.

AT&T is buying DirecTV for about $48.5 billion, reports The New York Times. But the Times reports that the deal, including debt, is valued at about $67 billion.

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The Two-Way
3:39 pm
Sun May 18, 2014

Worst Floods In A Century Kill At Least 24 In The Balkans

Volunteers use a rubber boat to evacuate residents from a flooded area in Obrenovac, some 18 miles southwest of Belgrade, Serbia on Sunday.
Darko Vojinovic AP

Originally published on Mon May 19, 2014 2:41 am

Post Updated: 2:30 a.m. ET Monday:

The unrelenting rain in the Balkans has caused the worst flooding since records began being kept. According to The Associated Press: The rain caused an estimated 2,100 landslides on Sunday that covered roads, homes and whole villages throughout hilly Bosnia. Another 1,000 landslides were reported in neighboring Serbia.

Thousands of people in the region have been forced from their homes. In some locations, flood waters receded on Sunday.

Original Post:

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The Two-Way
3:12 pm
Sun May 18, 2014

A Giant Among Dinosaurs, Discovered In Argentina

Originally published on Mon May 19, 2014 11:28 am

Paleontologists in Argentina say they have unearthed the fossils of the biggest dinosaur ever to walk the planet.

The bones are believed to be from a new species of the aptly named titanosaur, a massive herbivore from the late Cretaceous period, officials from the Museo Paleontologico Egidio Feruglio told BBC News.

The titanosaur was a sauropod, like the apatosaurus or brachiosaurus, that roamed the forests of Patagonia 95 million years ago.

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The Two-Way
1:58 pm
Sun May 18, 2014

'The Play Of The Game': Watch A Boy Win Over A Girl With A Foul Ball

A boy hands a girl a foul ball and she smiles broadly.

Originally published on Mon May 19, 2014 9:31 am

The game announcers called it "the play of the game." We'd be foolish not to agree.

During last night's Blue Jays-Rangers game, a boy catches a foul ball. Without a thought, he turns around and gives the ball to a much older girl, who flashes a major smile.

You're thinking, wow, what a smooth operator. But the replay reveals the kid is slicker than you imagined. Just watch:

h/t: Deadspin.

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The Two-Way
11:16 am
Sun May 18, 2014

Swiss Voters Reject Hiking Minimum Wage To World's Highest Level

A man casts his ballot on Sunday in Bulle, western Switzerland, during a referendum.
Fabrice Coffrini AFP/Getty Images

Originally published on Sun May 18, 2014 3:05 pm

Swiss voters resoundingly rejected a measure that would have hiked the country's minimum wage to the highest level in the world.

If approved, the referendum would have raised the national minimum wage to $25 an hour. Bloomberg reports that 76.3 percent of voters no on the measure.

The AP reports:

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