WSJ Wrap-Up -- Friday, June 22, 2012

Fourth section/Friday Journal: Book review, H. L. Mencken’s New Dictionary. Too many real estate ads.

Third section: nothing of note.

Second section:

In Europe, Idle Car Factories Live On: Europe is a mess; factories need to close; unions/govts fight closure; factories at 70% capacity; hours cut and assembly lines slowed (quality should go up?)

Ratings slip for NBC news, not just “Today Show”; replacing talking heads; they need to “fix” content; MSNBC doesn’t help

“Indecency Fines Tossed Out.” Here we go. We will see how far network television pushes the envelope. Maybe we will see on “Bang.”

“SmartMoney will move to web-only magazine.” Another print magazine bites the dust.

Nokia Phone Sales Face More Hurdles.” Current Nokia users won’t be able to download Microsoft upgrades." Wow. Makes you want to buy a Nokia SmartPhone.

First section:

“Something smells fishy in these tony Michigan towns.”  Known as mayflies elsewhere. Boats are covered with them. Owners must take dust bins and shovel out the carcasses from their vessels. On the water at night, the flies get so thick it is difficult to see. Another reason to live in North Dakota: we don’t have fish flies.

 “Romney softens tone on immigration.”

“Jobs get posted, few get filled.” Employment picture could get worse. Data suggests companies will start laying off employees in coming months.

“Axelrod’s ObamaCare Dolllars.” And Jamie Dimon is testifying before Congress?