Standard & Poor's downgraded France's sovereign debt rating to AA+.
The AP says France's finance minister announced the downgrade, which could affect the European Union's bailout fund. France and Germany have been the Eurozone's pillars and their good credit has supported the rescues of countries like Ireland and Greece.
The Washington Postjust put out the word that it had an "exclusive interview with Joe Paterno, his first extensive comments on the Penn State scandal and its fallout," and expects to post a report about what he had to say on Saturday at 4 p.m. ET.
Bombay Bicycle Club isn't from India, nor will any of its members roll through the U.S. on bicycles during their upcoming tour. But the four British indie rockers are bringing a new sound to the States — albeit one with echoes of The Stone Roses, Radiohead and other British rock acts of the past 20 years.