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.
One thing big drug companies generally aren't keen on is being the focus of a hot political debate.
In the past, the quickest way to become Exhibit A was to raise prices during a presidential campaign, Richard Evans, a former drug company executive turned industry analyst, tells Shots.
Yesterday, the Federal Reserve released transcripts of the 2006 meetings of the Federal Open Market Committee. While it's well known the Fed missed glaring signs of a housing bubble about to burst in a big way, the transcripts show that top officials not only dismissed the warnings, but they were really worrying about the economy growing too fast.