The world's biggest power outages last week have exposed one of India's most serious issues — the growing gap between energy supply and energy demand. Left unheeded, it will deepen gathering doubts about India's dream to become a superpower. A growing economy, ballooning population and burgeoning urbanization are driving energy demands ever upward, while India's investment in power transmission and distribution has not kept up.
One of the biggest players in contested Senate races this year has been Crossroads GPS, a social welfare non-profit group that can conceal the names of its donors. Now, top GOP senators are telling the IRS to back off new rules that could make it harder for groups like Crossroads to operate.
At a time when European banks already are struggling, three huge British banks recently have been charged with engaging in bad practices or flat-out corruption. Barclay's had its LIBOR scandal, HSBC had its drug money scandal and now Standard Bank is being accused of money laundering. What's going on in London and what are the potential impacts on the U.S. economy?
Jared Loughner pleaded guilty on Tuesday to all counts related to last year's shooting spree in Tucson. Audie Cornish talks with Ted Robbins about the court proceedings, where the judge in the case found that psychiatric care and medication had rendered Loughner fit for trial. His plea was part of a deal with prosecutors that spared Loughner the death penalty.