When Moody's downgraded the credit ratings of most major U.S. banks on Thursday, you'd have thought Friday would be a tough day for bank stocks.
But bank stocks ticked up — largely because investors were relieved. They had feared the downgrades would be worse. The Dow Jones industrial average was recovering from Thursday's 250-point drop, the second-worst of the year.
Kofi Annan is trying to rally the international community to bring the violence in Syria to an end. Annan even suggested that Iran should be consulted, an idea the United States doubts.
NPR's Michele Kelemen filed this report for our Newscast unit:
"The joint UN and Arab league envoy, Kofi Annan, is trying to convene a meeting next weekend in Geneva. He told reporters there it is time for countries with influence to increase the pressure on the parties in Syria to stop the killing and start talking.
Paul Revere Williams began designing homes and commercial buildings in the early 1920s. By the time he died in 1980, he had created some 2,500 buildings, most of them in and around Los Angeles, but also around the globe. And he did it as a pioneer: Paul Williams was African-American. He was the first black architect to become a member of the American Institute of Architects in 1923, and in 1957 he was inducted as the AIA's first black fellow.
Named for the patron saint of musicians, La Santa Cecilia has deep roots in the immigrant community of Los Angeles. Yet the band's six members draw inspiration not only from their rich heritage, but also from their everyday lives growing up embedded in American culture.
During a short, recent trip to historic Olvera Street in downtown L.A. — "It's a little street with little shops resembling any town in Mexico or Latin America" — singer Marisol Hernandez describes the hopes and dreams the city represents.
Just last month, I was at the same lakeside resort where Taliban gunmen carried out a suicidal attack on Friday, killing more than 20 people before they were gunned down.
My friends and I had gone to Lake Qargha to drink tea after a long hike on a hot day.
The man-made lake, about six miles outside Kabul, is the only large body of water near the capital, and it is extremely popular among Kabul residents seeking to escape the city's pollution, particularly in the summer when temperatures can top 100 degrees.
A jury found Msgr. William J. Lynn, of Philadelphia, guilty on one count of endangerment stemming from allegations that he helped coverup the sexual abuse of children by Catholic priests. Lynn was acquitted of another count of endangerment and one count of conspiracy, the AP reports.
Elizabeth Fiedler of member station WHYY reports that the jury was hung on rape and endangerment charges against Lynn's co-defendant Rev. James J. Brennan.
Hours before he was scheduled to be sworn in as Greek's newest finance minister, Vassilis Rapanos fell ill and was rushed to the hospital "complaining of nausea, intense abdominal pains and dizziness," Reuters reports.
Of course this all comes just after Greece elected a new parliament and just after Greece formed a new three-party coalition that has the task of wading through national and Eurozone politics to negotiate a bailout.