Financial news on August 11th, 2013

Business and Financial news
Path to United States Practice Is Long Slog to Foreign Doctors

Despite a shortage of doctors in some parts of the United States, a trend that may worsen under the new health care law, it takes years for a foreign doctor to be licensed here. Read more..

By CATHERINE RAMPELL - The New York Times

The New Math of Media Deals

Sales of three giants of the old-media world--The Washington Post, The Boston Globe and Newsweek--were at prices a fraction of the properties' former value; Tumblr's $1.1 billion sale suggests market believes that its model is way of the future. Read more..

By MATT RICHTEL - The New York Times

See what else happened on August 11th, 2013