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July 13, 2012

10 Things to Know for Friday

Associated Press

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today (all times EDT):

1. WHY JPMORGAN CHASE’S CEO HAS A LOT TO EXPLAIN

The largest bank in the U.S. says its loss from a highly-publicized trading blunder grew to $4.4 billion, more than double the original estimate.

2. OBAMA HEADS TO VIRGINIA BEACH TO CAMPAIGN

At 12:55 p.m., the president tries to shore up support for his re-election in Virginia, a state he won four years ago and ended decades of domination by Republican presidential candidates.

3. REPORT ON ABUSE SCANDAL TARNISHES PATERNO LEGACY

A report that claims the legendary Penn State football coach concealed what he knew about Sandusky’s sexual abuse of children may prove to be an indelible stain. But some students feel the late coach got a raw deal from former FBI Director Louis Freeh.

4. ELECTION ROLLS YOU DON’T WANT TO BE ON

Residents and election administrators around the country report a series of bizarre and questionable mailings addressed to animals, dead people, noncitizens and people already registered to vote.

5. SHHH! ... SAUDIS MUM ON FEMALE OLYMPIANS

Word that Saudi Arabia is sending women athletes to the Olympics for the first time rocketed to the top of websites and broadcasts. In Saudi Arabia’s official media: Not even a hint.

6. AUTISTIC MAN SURVIVES THREE-WEEK ORDEAL IN DESERT

The 28-year-old from Colorado is found emaciated but alive after living off mainly frogs and roots while wandering lost in the remote Escalante Desert of southern Utah, authorities say.

7. ECUADOR’S UNIQUE INVESTMENT IN EDUCATION

The government is offering $250,000 scholarships to students accepted at the world’s top 50 universities. The trade off? Return home and devote two years to government service for each year of state-paid education.

8. WHY “AMERICAN IDOL” IS ON THE BRINK OF AN ADOLESCENT CRISIS

Steven Tyler is leaving, Jennifer Lopez is dithering about staying, and the TV talent contest field keeps getting more crowded and competitive as the Fox show’s ratings slide.

9. WHEN YOU CAN BID ON AMERICAN GANGSTER PARAPHERNALIA

The guns that 1930s outlaws and lovers Bonnie Parker and Clyde Barrow were carrying when they were ambushed by law enforcement agents are going up for auction Sept. 30.

10. CLIPPERS STAR OUT OF OLYMPICS

Blake Griffin will have surgery to repair torn cartilage in his left knee and the U.S. forward will miss the London Games. New Orleans Hornets rookie Anthony Davis may replace him.

 

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