In Forney, Texas, Caroline Gonzalez, 11, recently served as mayor for a day. She won an essay contest aimed at getting young people interested in local government. Her first order of business: rename Main Street. So in a ceremony Tuesday, a sign went up for Justin Bieber Way.
President Obama will be in Illinois today, where he'll wind up a three-day bus tour of the Midwest that included stops in Iowa and Minnesota — key battleground states in the 2012 election.
As he wraps up that trip, The Associated Press reports that following his upcoming vacation on Martha's Vineyard, the president "will give a major speech in early September to unveil new ideas for speeding up job growth and helping the struggling poor and middle class."
According to the AP, it's been told by a "senior administration official" that:
The Scandanavian airline SAS grounded a plane after a security guard spotted a mouse aboard. The passengers were trying to fly from Stockholm to Chicago. The Swedish newspaper The Local described an extraordinary mouse hunt involving traps and potentially smoke.
An investigation by Yahoo Sports is sending shockwaves through college sports. The website reports a University of Miami football booster, who was sentenced to 20 years in jail for running a Ponzi scheme, gave players thousands of illicit gifts over eight years. The gifts, which included money, cars and visits from prostitutes, are prohibited by the NCAA. David Greene talks to Dan Wetzel, a reporter for Yahoo! Sports.
Defense Secretary Leon Panetta is making the case against sweeping cuts that could reduce the Pentagon's budget by up to a trillion dollars. The Pentagon has already been ordered to cut 400 billion dollars over the next ten years. If additional cuts are ordered, some analysts say it will force the U.S. to make tough choices about its role as the sole military superpower.
Google has entered the phone business with its 12 billion dollar acquisition of Motorola's mobile division. David Greene talks to Steven Levy, author of "In The Plex," about what the means for Google and consumers.
This week we are looking at the fast-changing region of the Arctic, which is believed to have vast oil and gas reserves — and other mineral riches, too. Mineral companies are looking for them, and the region's people are watching anxiously — wondering what change we'll mean for them.
And our last word in business today is a big number: eight million. The U.S. Patent and Trademark Office issued patent number eight million yesterday. It went to Second Sight Medical Products for an invention the company says enhances visual perception for a certain kind of blindness.
European financial market-watchers are monitoring reaction to yesterday's meeting between French President Nicolas Sarkozy and Germany Chancellor Angela Merkel. The two leaders are trying to stop the European debt crisis from expanding.