The crisis in Europe is one of the underlying causes of recent wild swings in U.S. stock markets. U.S. bank stocks in particular suffer badly with any sign that Europe's debt crisis might be worsening.
But the U.S. financial sector's vulnerabilities in Europe are hard to quantify.
On Aug. 5, a federal jury handed down one of the most sweeping verdicts in the modern history of American police brutality cases. Five New Orleans police officers were convicted of various roles in gunning down civilians in the days after Hurricane Katrina, and then covering it up. Five other officers pleaded guilty.
The Danziger Bridge case, as it's called, adds momentum to a reform effort already under way. The Department of Justice says it's committed to cleaning up the New Orleans Police Department, once and for all.
It seems likely that two British men sentenced to serve four years in prison for plotting riots — which did not take place — will appeal their sentences. Their punishments were handed down less than a week after Britain was seized by fiery riots.
There was heated testimony on Wednesday night in Chicago at a hearing about a key Obama Administration immigration program. The public meetings are providing a noisy venue for protesters who want the program dismantled. Immigrant advocates, meanwhile, are challenging the very existence of the federal Secure Communities program and are pinning many of their hopes on the governor of Illinois who opposes the federal plan.
Libyan rebels are fighting to isolate Moammar Gadhafi in Tripoli, as their offensive in the strategic city of Zawiya continues to gain ground. Rebel forces launched their fight for the western port this past weekend, hoping to cut one of Gadhafi's main supply lines from Tunisia.
In another development Wednesday, the United States sent two more Predator drones to its military force near Libya, which has helped take control of the country's skies. The AP reports:
The proposed merger of three hospital systems prompted questions from a panel of Kentuckylawmakers Wednesday.
Under the plan, the University of Louisville Hospital, Jewish Hospital, along with St. Mary’s Healthcare and St. Joseph Healthcare would merge. Most of the questions asked by lawmakers centered on the availability of reproductive health care. Since Roman Catholics oppose procedures like tubal ligations, they would no longer be offered at these medical facilities. Instead, hospital officials say such treatments would be offered at facilities not involved in the merger
Investigators are looking for clues about what led to the tragic collapse of an outdoor concert stage at the Indiana State Fair. Five people were killed on Saturday when a 60-mph gust of wind blew the roof and metal scaffolding onto a crowd that was waiting for the band Sugarland to start playing.
Human beings occasionally get diseases from animals, such as swine flu, rabies and anthrax. A new study finds that humans can also spread disease to wildlife, with grim results. A bacterium from our guts is now rampaging through coral reefs in the Caribbean.
Those reefs were already in slow decline, but they took a huge hit starting in 1996, when a disease called white pox appeared in the Florida Keys.