A&M System
8:01 am
Mon June 18, 2012

Chancellor Sharp to deliver important announcement

Chancellor Sharp during a February address at A&M-Commerce
Jerrod Knight KETR

AUSTIN - There’s curiosity surrounding a planned announcement by Texas A&M University System Chancellor John Sharp Monday in Austin.

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Unemployment
7:42 am
Mon June 18, 2012

Figures show unemployment slide for Hunt County

www.twc.state.tx.us/ Texas Workforce Commission

AUSTIN - The Hunt County jobless rate rose to its highest ever for the month of May at 8.6 percent.

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The Two-Way
7:24 am
Mon June 18, 2012

Reminder: Supreme Court's Decision On Health Care Law Due

Originally published on Mon June 18, 2012 9:19 am

Update at 10:20 a.m. ET. No Decision Yet:

The court just finished issuing its opinions and other orders for the day. Neither the health care nor campaign finance cases were among them.

So we'll repeat this process on Thursday.

Our original post; "Reminder: Supreme Court's Decision On Health Care Law Due":

What we said last Monday applies again today:

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Road Construction
7:13 am
Mon June 18, 2012

TxDOT's summer asphalt work begins

Crews apply seal coating to a North Texas roadway
Texas Industries, Inc

HUNT COUNTY - The Texas Department of Transportation has announced the schedule for its 2012 summer asphalt program, which applies seal coat to area roadways each year.

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The Two-Way
7:06 am
Mon June 18, 2012

Webb Simpson Wins U.S. Open; Miami Heat Takes 2-1 Lead In NBA Finals

LeBron James of the Miami Heat as he went to the basket against the Oklahoma City Thunder during Game 3 of the NBA Finals on Sunday in Miami.
Don Emmert AFP/Getty Images

The two sports stories that matter the most this morning:

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Europe
7:03 am
Mon June 18, 2012

In Greece, The Election May Have Been The Easy Part

Two men read newspaper headlines in Athens on Monday as conservative Greek lawmakers raced to form a government a day after parliamentary elections.
Andreas Solaro AFP/Getty Images

Originally published on Mon June 18, 2012 7:38 am

European leaders and global markets expressed relief after Greek conservatives' narrow parliamentary election victory over leftists who had vowed to ditch the tough austerity terms of an international bailout.

But the next government will have to deal with a polarized society and with widespread anger at wage and job cutbacks that have targeted the middle class and spared an entrenched political and business elite.

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The Two-Way
6:39 am
Mon June 18, 2012

In Egypt, Generals Will Be In Control 'Until October, At Least'

Supporters of Muslim Brotherhood candidate Mohammed Mursi (in portrait) celebrated today in Cairo's Tahrir Square.
Patrick Baz AFP/Getty Images

Originally published on Mon June 18, 2012 7:26 am

  • NPR's Soraya Sarhaddi Nelson on 'Morning Edition'

In Egypt, "it's quite confusing at the moment," as NPR's Soraya Sarhaddi Nelson said earlier on Morning Edition.

But she says one things seems clear: Based on the decree they issued this weekend the generals who have effectively been running things since Hosni Mubarak's regime was toppled in early 2011 will be "around and in charge until October, at least."

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Africa
6:09 am
Mon June 18, 2012

Islamists Claim Victory In Egypt's Presidential Vote

Over the weekend, Egyptians completed voting in their historic presidential election. The Muslim Brotherhood has declared its candidate the winner, but official results are days away.

The Two-Way
6:09 am
Mon June 18, 2012

Market Rally Fades As Investors Turn Attention From Greece To Spain

Frankfurt: A German flag hung today in front of a board displaying the DAX stock index.
Daniel Roland AFP/Getty Images

Originally published on Mon June 18, 2012 12:19 pm

At midday in New York, Bloomberg News' headline pretty much sums up the story for the markets so far today and their reaction to the news about Sunday's vote in Greece:

"U.S. Stocks Swing Between Gains, Losses Amid Europe Woes."

And this paragraph from Bloomberg's account seems to capture what traders are thinking:

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