President Obama held a wide-ranging news conference Tuesday. He bluntly challenged Republican critics of his Iran policy — saying the stakes are too high to let politics intrude. The news conference was designed to steal some of the spotlight from GOP presidential hopefuls on Super Tuesday.
In Houston Tuesday, a federal jury convicted Texas financier R. Allen Stanford of running a massive Ponzi scheme. Jurors agreed with prosecutors, who claimed he ran a global scheme that lasted more than 20 years and involved more than $7 billion in investments.
When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.
The elite athletes who travel to London for this summer's Olympic Games will include petite gymnasts, huge wrestlers — and elite horses, which compete in dressage and other events. Getting these strong and delicate animals to the Olympics is no job for an amateur. In fact, it's the job of Tim Dutta, who owns an international horse transport company.
Tina Brown, editor of The Daily Beast and Newsweek, tells us what she's been reading in a feature that Morning Edition likes to call "Word of Mouth." This month, Brown selects two pieces of writing profiling individuals at the center of political change in their respective countries.
Russian tanks drive through Moscow's Red Square during a military parade in May 2011, in commemoration of the end of World War II. Russian leader Vladimir Putin has called for revamping Russia's military for years, but the results have been limited.
Credit Dmitry Kostyukov / AFP/Getty Images
Russian President Dmitry Medvedev (left), Prime Minister Vladimir Putin and World War II veterans watch Victory Day celebrations in Moscow last May. Putin says his proposed military modernization will cost the equivalent of about $770 billion over the next 10 years.
Every May, Russia displays its military might in a parade on Victory Day, commemorating the surrender of the Nazis to the Soviet Union in World War II.
The marching men and rolling tanks put on an impressive show, but Russia's military, and especially its defense industry, has fallen on hard times.
"The industry, much like other parts of the economy, hasn't seen proper investment for over a decade, if not more," says Lilit Gevorgyan, a Russia analyst for the defense industry consultant IHS Jane's.
OK, so this story is about weeds and weedkillers, neither of which is ever the hero of a story, but stay with me for a second: It's also about plants with superpowers.
Unless you grow cotton, corn or soybeans for a living, it's hard to appreciate just how amazing and wonderful it seemed, 15 years ago, when Roundup-tolerant crops hit the market. I've seen crusty farmers turn giddy just talking about it.