Swiss bank UBS reported a 58 percent decline in profit for its second quarter. Some of the losses are tied to Europe's debt crisis, as well as the botched Facebook IPO. Also Tuesday, Germany's Deutsche Bank said its second-quarter earnings slid 63 percent.
At day's end in India, after what's been called the "world's biggest blackout" ever, officials were reporting that electric service had been restored to most of the 670 million or so people who lost it on Tuesday.
It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.
Nevada has just six electoral votes, but it's a state that's much fought over in presidential elections. In 2008, Nevada gave an unexpectedly big boost to Democratic candidate Barack Obama. He carried the state by more than 12 points, thanks to unions and the Hispanic vote.
This year, the contest is shaping up to be much closer, as Nevada copes with both the worst unemployment in the nation and one of the country's highest home foreclosure rates.
On Thursday, voters in Tennessee will decide on a series of ballot issues, including an unusual one that's garnering a lot of attention. The National Rifle Association has turned against one of its biggest supporters and is actively trying to get the Republican booted from office.
Ask a lot of people and they'll tell you math is not their strong suit. In an international student assessment program in 2009, the United States was ranked 25th in math proficiency. A parent in New Jersey wants to help change that, beginning with a new nightly ritual, as Ashley Milne-Tyte reports.