It's a widely expected move, but still noteworthy:
"The European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin threats of recession and deflation in the euro zone, and is expected to unveil fresh measures to help banks hurt by the bloc's debt crisis," Reuters reports.
The lower part of Michigan is shaped like a mitten, which helps people recognize the state on a map. But now nearby Wisconsin has an official website featuring a picture of a mitten, saying Wisconsin is mitten-shaped. That might be true, if the thumb is smashed. Michiganders are furious, and officials accuse Wisconsin of "mitten envy."
Former New Jersey senator and governor Jon Corzine, who led MF Global as it spectacularly collapsed in a bankruptcy that has left $1.2 billion in client money missing, is due at a House Agriculture Committee hearing this morning to face questions about what happened.
Good morning. I'm Linda Wertheimer with news of a cocktail on a stick. It's coming from an ice cream company - popsicles laced with booze, dreamed up during a night of drinking and eating ice cream, says a spokeswoman. They're trying out margarita and cosmopolitan flavors.
And KPHO-TV in Phoenix says kids can't tell they're spiked by looking at them. That's another reason they'll only be sold at liquor stores. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
"The Air Force dumped the incinerated partial remains of at least 274 American troops in a Virginia landfill," The Washington Post reports this morning, adding that it's "far more than the military had acknowledged, before halting the secretive practice three years ago, records show."