After 15 albums and 31 years in the music business, the band REM is breaking up. In a farewell to fans, frontman Michael Stipe wrote on the band's website that a wise man once said "the skill in attending a party is knowing when it's time to leave."
The first phase of the Islamic Cultural Center near the World Trade Center has opened. Detractors have called it the ground zero mosque. As part of the opening for the Park51 center, invited guests got to see a photo exhibit of children from more than 160 countries who live in New York City.
President Obama held separate meetings yesterday with the Israeli and Palestinian leaders on the sidelines of the U.N. General Assembly. Obama said there is no shortcut to Palestinian statehood. The administration is trying to revive peace negotiations.
Google critics accuse the company of playing favorites with its search results. Google executives have always denied this, but the accusations haven't gone away. Eric Schmidt, the company's chairman, was on Capitol Hill Wednesday to answer questions about the company's business practices.
The British government has rejected calls for an easing of its austerity policy in favor of a new fiscal stimulus for the economy. The IMF cut its growth forecasts for Britain on Wednesday — warning that the country was in danger of slipping into recession.
Johnson Publishing Company, the black American icon based in Chicago, is hiring. It's a sharp turnaround for a company that saw circulation numbers and revenue for its flagship Ebony and Jet magazines plummet over a number of years. Those numbers are on the rise now, and company officials say questions about Johnson Publishing's ability to survive the turmoil in the media industry are no longer relevant.