Britain is a nation in shock, following yesterday's announcement that its economy has slipped back into recession. The bad news is raising new questions about the government's unpopular austerity measures.
Vicki Barker has more from London.
VICKI BARKER, BYLINE: The news that Britain's economy has fallen into the dreaded double-dip recession caught everyone off guard - including Prime Minister David Cameron, who was immediately hit by a wave of criticism from parliament.
Five years ago, ethanol was seen as the next big thing to wean the U.S. off foreign oil. Then some studies on the corn-based fuel cast doubt on its environmental benefits, and auto companies turned their attention to hybrids and electric cars. The hype died off, but the ethanol industry is alive and well, driving a big change in America's corn consumption.
Rising up out of the corn fields outside Lake Odessa, Mich., is the ethanol refinery for Carbon Green Bioenergy. The company's CEO, Mitch Miller, says a lot of refineries were popping up when this one was built in 2006.
China and Africa have become major trading partners in recent years. Chinese companies have made a big push into Africa seeking raw materials like oil. And enterprising Africans now travel to China to buy cheap goods at the source and ship them home. Today, the city of Guangzhou, near Hong Kong, is home to some 10,000 Africans, the largest such community in China. The city's Little Africa neighborhood is a world unto itself, with restaurants specializing in African food to money changers who deal in the Nigerian currency.
Earlier this month, a judge approved a settlement between five major banks and nearly all of the state attorneys general. The banks admitted to taking shortcuts — or "robo-signing" documents — as they pushed through some foreclosures.
Most of the $25 billion settlement is supposed to go toward reducing mortgage payments for some troubled homeowners. But lots of other programs have promised to help struggling homeowners in the past, and results have been disappointing.
Hockey teams wearing darker-colored jerseys are more likely to be penalized for aggressive fouls than teams wearing white jerseys, according to new research. Teams wearing black jerseys in particular get penalized the most, according to an analysis that may offer a window into the hidden psychological dynamics of the ongoing NHL playoffs.