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  • Coming as it does now less than a year before the 2012 general election, the failure of the panel to achieve at least $1.2 trillion in deficit reduction means each major political will now be focused on trying to persuade voters its rival party is more responsible for the breakdown.
  • Nearly 75 years ago, a sit-down strike at the facility in Flint, Mich., helped the UAW win recognition from General Motors. Now the former auto body plant and GM design center is home to a company that sells prescription drugs used to treat serious illnesses like cancer, multiple sclerosis and HIV/AIDS.
  • Rupert Murdoch's son James has been called back to testify before a Parliamentary committee in London. He faces questions over his previous testimony about the phone-hacking and police bribery scandal involving a defunct News Corp. publication.
  • The former House speaker says the troubled mortgage giant paid him the consultant fee in 2006 for his "advice as a historian" — and that he was not a lobbyist. Strictly speaking, that's right. But one expert says what Freddie really wanted was "political protection and cover."
  • The baby boomer generation came into politics with a liberal challenge to the establishment, but that hasn't made it a reliably Democratic voting block. This middle-aged group is deeply dissatisfied with the economy and frustrated with the president.
  • Revenge attacks are alarming those hoping for a swift transition to peace in Libya. Some villages where loyalists to overthrown dictator Moammar Gadhafi used to live are now abandoned, and locals hope they stay away. As well, militias still have their weapons, and regional rivalries are at play.
  • Many Egyptians are outraged over military rulers' plans to change the constitution to protect the armed forces from civilian oversight and give themselves the final say on key policies. It's the latest clash between pro-democracy factions and the ruling military council, which is accused of clinging to power despite vowing to cede control.
  • After keeping a nervous world waiting for days, the squabbling politicians of debt-ridden Greece finally announced a new interim government Thursday. It will be headed by a former European Central banker, Lucas Papademos, whose main task will be to ensure that Greece meets the conditions set by its European partners to receive new loan money and avoid default. That means showing that Greece will enforce austerity measures.
  • Amid the ongoing protests in Egypt, there are calls for parliamentary elections to be postponed. Field Marshal Hussein Tantawi has announced the country's first free elections in decades will go on as planned next week. Some protesters say the elections should be delayed until the military cedes power to a civilian authority.
  • There was a time when Greeks were proud of being Greek, of being a people known for dancing, being happy without material wealth, enjoying life. Now, Greeks are known for being deeply in debt, accused by some of living the high life on other people's money, of dragging Europe's economy to the brink of disaster.
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