Today’s Headlines

  • Exxon’s total U.S. income-tax bill for 2009: $0 (Forbes)
  • D.C.’s proposed streetcar could be sidelined by resistance from locals, the National Park Service to overhead electrical wires (WashPost)
  • Toyota weighing a legal challenge to its $16m fine from the U.S. DOT, at the risk of more bad publicity (AP)
  • Felix Salmon: Fannie Mae’s new national housing survey reveals some puzzling truths about Americans’ attitude towards homeownership versus renting
  • Urban planner Chris Leinberger believes 70 percent of coming demand for denser, mixed-use development will come from the suburbs, not major cities (TNR’s The Avenue)