Fifteen major banks were downgraded Thursday in a reflection of the slowing global economy and volatility in financial markets. In a sweeping move, Moody's cut the credit ratings of some of the world's largest financial institutions, including Bank of America, Goldman Sachs and Citigroup.
Renee Montagne talks to Aaron Sorkin, creator of the new HBO show about cable news called The Newsroom. it depicts a newsroom filled with idealistic types. Some critics have panned it as overly earnest.
According to the royal website, the applicant who's chosen will have dominion over the royal residences — including Buckingham Palace and Windsor Castle, overseeing a staff of 60. The position is described as "challenging and exciting."
Dissident and artist Ai Weiwei said Thursday that he has been forbidden from leaving China, despite the lifting of strict bail conditions imposed after he was released from detention last year. This comes a day after a hearing on his tax evasion case, which he was prevented from attending.
Some 12,000 Americans die every year in traffic crashes caused by speeding, according to government statistics. Officials have tried many strategies to get drivers to slow down. And now they might have found something that works, after researchers placed a GPS device inside cars that gives drivers an incentive not to speed.
Traffic safety experts have tried using big flashing signs to tell you how fast you're going. (The psychological subtext: Drivers are rational, and they will slow down if they know how fast they're going.)