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11:53 am
Wed August 1, 2012

Power Back On, But India's Outlook A Bit More Dim

Transcript

MICHEL MARTIN, HOST:

Now we'd like to take closer look at how losing power can grind a country to a halt. This week, India has been dealing with what is being called the world's worst blackout. Major power outages this week left well over 600 million people in the dark. Coal miners were trapped. Hospitals struggled with backup generators, and transportation was a mess, which had this man complaining to Al Jazeera International.

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Shots - Health Blog
11:51 am
Wed August 1, 2012

You Think Beauty Is Skin Deep? You're Not A Chiropractor

Contestants Marianne Baba (left), Lois Conway and Ruth Swenson stand next to plates of their X-Rays during a chiropractor-judged beauty contest.
Wallace Kirkland Time

When the nation's chiropractors descended on Chicago for a weeklong convention in May 1956, they threw a beauty contest.

The judges crowned Lois Conway, 18, Miss Correct Posture. Second place went to Marianne Caba, 16, according to an account in the Chicago Tribune. Ruth Swenson, 26, came in third.

But this was no ordinary pageant.

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The Two-Way
11:48 am
Wed August 1, 2012

Sharp Swings In Stocks Renew Concerns About Computer Trading

Originally published on Wed August 1, 2012 2:58 pm

"August 1st will be another day that will destroy investor confidence just like the May 6th [2010] flash crash."

That rather ominous sounding pronouncement comes from Joseph Saluzzi, co-head of equity trading at Themis Trading LLC in Chatham, N.J., in a Bloomberg News report about what happened early this morning on Wall Street.

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The Two-Way
11:47 am
Wed August 1, 2012

USPS Defaults On $5.5 Billion Payment To Treasury

An employee loads flat trays onto a truck at the U.S. Postal Service processing and distribution center in Merrifield, Va.
Andrew Harrier Bloomberg via Getty Images

For the first time ever, the United States Postal Service has defaulted on a payment to the Treasury.

The USPS warned of a default in a statement on Monday. It it would not make the $5.5 billion payment due today and that it would also default on a $5.6 billion payment due Sept. 30. Both of those payments are federally mandated and go toward prefunding retiree health benefits.

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The Two-Way
11:44 am
Wed August 1, 2012

Cool! Tickets For The Who's Canceled '79 Show Good For 2013 Concert

Pete Townshend of The Who. Fans in Providence have waited 33 years to see him.
Lucy Pemoni Reuters /Landov

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