The Rundown: Paul Ryan, A Proposed “Soda Tax” And the Olympics Come to a Close

August 13, 2012  |  

-Mitt Romney announced his choice for the VP slot on his ticket this weekend — Wisconsin Rep. Paul Ryan. Right away the Obama campaign began to spread its message about Ryan’s proposed budget, attacking the suggested changes it would make to programs like Medicare. Ryan will be campaigning on his own in Iowa today, the state where President Obama will start a campaign tour. A USA Today/Gallup poll shows that 42 percent of Americans consider Rep. Ryan to be only a “fair” or “poor” choice for VP. However, among Republicans, the poll shows that more than a third now say they’re more likely to vote for Romney.

-San Francisco is the latest city to try and institute a “soda tax,” a tax on sugary drinks. Thirty states already have a tax such as this, and then there’s New York Mayor Bloomberg’s proposed restriction on large-sized sugar-sweetened drinks, though there’s no tax involved with that proposal.

-The Spice Girls, Jesse J, Annie Lennox, and One Direction were among the many musical acts that took the stage at the London Olympics closing ceremony last night.

-Robert Johnson, founder of Black Entertainment Television and the investment business The RLJ Companies, is launching a “faith-friendly channel” on YouTube called “Alright TV.” TV and film producer Tracy Edmonds (Jumping the Broom) will lead the it. The channel will feature family programming focused on music, self-help, comedy, reality, and more.

-Motorola Mobility is going to cut 4,000 jobs and close one-third of the total 94 offices it has around the world. Google acquired Motorola Mobility in May. One-third of the jobs lost will be in the U.S. Motorola has fallen well behind the pack — Apple and Android — in the mobile phone space. Remember the Razr?

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